Cryptocoins News / Finance Magnates - 4 months ago
The Securities and Futures Commission (SFC) has granted licenses to four virtual asset trading platforms (VATPs) under its expedited licensing process. The development follows the completion of risk-based on-site inspections for deemed-to-be-licensed...
Cryptocoins News / Finance Magnates - 4 months ago
BlackRock, the global asset management firm, has suggested that investors allocate up to 2% of their portfolios to Bitcoin. The recommendation was included in a report, which highlights Bitcoin's potential as a diversifying asset, given its historica...
Cryptocoins News / Finance Magnates - 4 months ago
A concerning trend has emerged among young UK investors who are making crucial financial decisions at an alarming speed, with two-thirds finalizing important investment choices in less than 24 hours.Moreover, according to the country’s market watchdo...
Cryptocoins News / Finance Magnates - 4 months ago
A concerning trend has emerged among young UK investors who are making crucial financial decisions at an alarming speed, with two-thirds finalizing important investment choices in less than 24 hours.Moreover, according to the country’s market watchdo...
Cryptocoins News / Finance Magnates - 4 months ago
Leading US publicly-listed Bitcoin (BTC) miners from Wall Street are strengthening their financial positions through significant capital raises as Bitcoin trades above $108,000. Industry heavyweights CleanSpark (NASDAQ: CLSK) and Bitfarms (NASDAQ: BI...
Cryptocoins News / Finance Magnates - 4 months ago
The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against Binance Australia Derivatives for allegedly misclassifying over 500 retail investors as wholesale clients, denying them crucial consumer protections.Bi...
Cryptocoins News / Finance Magnates - 4 months ago
French regulators banned unregistered crypto-asset ATMs operating within the country, targeting businesses that provide illegal digital asset services. The French Financial Markets Authority (AMF) collaborated with the Paris inter-regional jurisdicti...
Cryptocoins News / Finance Magnates - 4 months ago
After much anticipation, Ripple’s stablecoin, Ripple USD (RLUSD), is now live on global exchanges. The listing of the digital asset has caused a surge in the trading volume of the token native to the blockchain XRP.Data from CoinMarketCap shows that...
Cryptocoins News / Finance Magnates - 4 months ago
Binance has introduced Binance Alpha, a new feature within Binance Wallet, focusing on early-stage crypto projects in the Web3 ecosystem. The platform highlights tokens with growth potential and serves as a pre-listing token selection pool. Binance A...
Cryptocoins News / Finance Magnates - 4 months ago
The crypto industry surged significantly in 2024, delivering a high performance that could shape its future. Investors are now looking ahead to 2025 with predictions of Bitcoin hitting $210,000, Solana reaching $1,000, and institutional adoption tra...
Cryptocoins News / Finance Magnates - 4 months ago
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Mi...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Bitget has secured a Bitcoin Service Provider (BSP) license from El Salvador's Central Reserve Bank, positioning itself for growth in Latin America's burgeoning crypto market. In response to this news, BGB, the platform’s nati...
Cryptocoins News / Finance Magnates - 4 months ago
Collapsed cryptocurrency exchange, FTX will start distributing funds to investors who incurred losses through partner crypto firms, including Kraken and BitGo.The company announced today (Monday) that its court-approved Plan of reorganization will be...
Cryptocoins News / Finance Magnates - 4 months ago
As Bitcoin hits new highs, miners are buying more of the digital asset, hoping for future gains. On Monday, the leading cryptocurrency soared to an all-time price high of $106 and more than $2.1 trillion in market capitalization. Amid the surge, Bitc...
Cryptocoins News / Finance Magnates - 4 months ago
Ripple has announced that its stablecoin, Ripple USD (RLUSD), will be available on global exchanges starting tomorrow, December 17, 2024. The RLUSD stablecoin is USD-denominated and designed for enterprise use. It is backed by Ripple’s experience in...
Cryptocoins News / Finance Magnates - 4 months ago
A few days after obtaining the approvals in New York, Ripple has warned that its stablecoin might experience volatility when it hits the market. David Schwartz, the company's Chief Technology Officer, also cautioned investors about potential supply s...
Cryptocoins News / Finance Magnates - 4 months ago
Bitcoin price (BTC) reached new unprecedented heights on Monday, surging beyond $106,000 as President-elect Donald Trump's proposal for a national cryptocurrency reserve ignited a fresh wave of enthusiasm in digital asset markets. In the meantime, Va...
Cryptocoins News / Finance Magnates - 4 months ago
The Financial Conduct Authority (FCA) is seeking feedback on its plans to improve transparency in the UK’s cryptocurrency markets. The proposals focus on admissions, disclosures, and market abuse regimes to enhance the integrity of crypto markets and...
Cryptocoins News / Finance Magnates - 4 months ago
Bitpanda, a European crypto platform, has obtained in-principle approval from the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE). This was achieved in less than eight months after submission. Once fully licensed, Bitpand...
Cryptocoins News / Finance Magnates - 4 months ago
MicroStrategy and Palantir join Nasdaq 100, Axon shines, and Trump’s Bitcoin reserve plans spark $1.5 trillion speculation. It’s all about tech.MicroStrategy, Palantir and Axon Enterprise secure spots in the Nasdaq 100 and Trump’s Bitcoin reserve pla...
Cryptocoins News / Finance Magnates - 4 months ago
After Bitcoin reached an all-time high of $103k last week, the top cryptocurrency has enjoyed a positive market sentiment despite a few price corrections. Currently, the price is hovering around $100k. According to CoinMarketCap, BTC's market capital...
Cryptocoins News / Finance Magnates - 4 months ago
Top US cryptocurrency exchange Coinbase has warned its users yet again. It has announced that it could delist stablecoins that have not complied with the Markets in Crypto-Asset Regulations (MiCA), including Tether's USDT stablecoin.Coinbase's warnin...
Cryptocoins News / Finance Magnates - 4 months ago
Just a few days after Ripple's stablecoin officially obtained approval from the New York authorities, optimism remains high about the cryptocurrency's potential. Although the price is consolidating in the daily chart, the trend is positive in the wee...
Cryptocoins News / Finance Magnates - 4 months ago
A federal court has ordered five individuals associated with Icomtech to pay more than $5 million in penalties for orchestrating a sophisticated digital asset fraud scheme that targeted nearly 200 investors worldwide.Digital Asset Scheme Operators Hi...
Cryptocoins News / Finance Magnates - 4 months ago
The Australian operator of the crypto exchange Kraken has been ordered to pay AU$8 million (about US$5.1 million) by the local financial markets regulator for illegally offering margin products to more than 1,100 customers in the country.Kraken’s Aus...
