Cryptocoins News / Finance Magnates - 3 months ago
A federal judge handed cryptocurrency exchange BitMEX a $100 million fine, bringing a years-long legal battle to a close. The penalty involves the firm’s guilty plea in 2022 for violating the US Bank Secrecy Act (BSA), a charge that revolved around i...
Cryptocoins News / Finance Magnates - 3 months ago
Positive fundamental developments in the UK and the US seem to have boosted the prices of the three top cryptocurrencies: Bitcoin, Ether, and XRP. The three tokens have rebounded in the daily and weekly charts, with XRP leading the resurgence. In the...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin price approached the psychological barrier of $100,000 following December's inflation increase in the United States. Along with BTC, altcoins also rose as investors anticipate the Federal Reserve may be forced to cut rates sooner than planned...
Cryptocoins News / Finance Magnates - 3 months ago
Asset tokenization platform Brickken announced today it has secured $2.5 million in seed funding, setting its post-money valuation at $22.5 million. The company reports it has processed over $250 million in tokenized assets since launching its core p...
Cryptocoins News / Finance Magnates - 3 months ago
Thailand’s Securities and Exchange Commission (SEC) is considering allowing the listing of local Bitcoin exchange-traded funds (ETFs), Bloomberg reported today (Wednesday). The confirmation came from the regulator’s Secretary-General, Pornanong Budsa...
Cryptocoins News / Finance Magnates - 3 months ago
With bullish forecasts and predictions from experts and a favorable legal climate, XRP is poised for new heights. Will the crypto darling live up to the hype?XRP: Analysts Predictions for a Historic Bull RunXRP, Ripple's popular digital asset, has th...
Cryptocoins News / Finance Magnates - 3 months ago
Digital asset infrastructure provider BitGo has elevated Brett Reeves to Head of European Sales while maintaining his existing role as Head of Go Network. His over two decades of experience at leading investment banks in London's City is expected to...
Cryptocoins News / Finance Magnates - 3 months ago
Deribit, a major venue for trading cryptocurrency options, is reviewing offers from potential acquirers, according to a Bloomberg report. The American crypto giant Kraken expressed interest in acquiring the options trading platform but did not procee...
Cryptocoins News / Finance Magnates - 3 months ago
Dogecoin (DOGE) made an impressive recovery today, becoming the fastest-growing cryptocurrency among the top 10 cryptocurrencies by market capitalization. The popular meme coin surged over 10%, rising from $0.3254 to a high of $0.361.This remarkable...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin's price (BTC) is making significant gains on Tuesday, January 14, 2025, adding over $2,000 to its value. However, Monday saw the market shaken, with the price briefly dropping to a two-month low below the critical $90,000 psychological level....
Cryptocoins News / Finance Magnates - 3 months ago
Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million.Gate.io Reports Record $3.8 Trill...
Cryptocoins News / Finance Magnates - 3 months ago
A Florida federal court has ordered Mosaic Exchange Ltd and its CEO Sean Michael to pay over $1.1 million in penalties and restitution for operating a fraudulent digital asset trading scheme that targeted investors across multiple countries.CFTC Secu...
Cryptocoins News / Finance Magnates - 3 months ago
A federal appeals court has ruled in favor of Coinbase, delivering a blow to the Securities and Exchange Commission (SEC) over its refusal to establish clear regulations for cryptocurrency.According to the ruling issued today (Monday), Judges critici...
Cryptocoins News / Finance Magnates - 3 months ago
Ethereum's price has been in a slump recently, slipping more than 15% in the past week amid bearish momentum in the overall crypto space. Ethereum's current struggles are mainly driven by a return to inflationary supply levels. Since April 2024, the...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin is facing a downward trend of lower highs and lower lows, with both technical and fundamental analyses showing a bearish momentum. At the time of publication, the price on CoinMarketCap was 90,567, representing a 3% and 8% decline in the past...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency market witnessed extraordinary trading activity in December 2024, with total spot trading volume across major exchanges reaching $2.14 trillion, marking an 8% increase from November's $1.99 trillion and a staggering 142% year-over-...
Cryptocoins News / Finance Magnates - 3 months ago
The authorities in Singapore have labelled Polymarket as an “illegal gambling site” and blocked it within the city-state. Now, Singaporeans attempting to visit the crypto-betting platform are shown a notice from the country’s Gambling Regulatory Auth...
Cryptocoins News / Finance Magnates - 3 months ago
Kenya is turning the page on its restrictive cryptocurrency policies with plans to legalize virtual assets. The Treasury Cabinet Secretary, John Mbadi, announced the move today (Friday) in what could mark a shift in the East African country’s financi...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin has experienced a significant decline this week, with the cryptocurrency dropping from its recent high above $100,000 to around $91,200. This sharp downturn has sent ripples through the entire crypto market, triggering substantial liquidation...
Cryptocoins News / Finance Magnates - 3 months ago
The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), set to take effect on January 31, 2025. This change distinctly separates blockchain validation activities, such as cryptocurrency staking, from collect...
Cryptocoins News / Finance Magnates - 3 months ago
ADA is nearing the $0.8455 support level, which, if breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its price climbing over 9.5% in the past 24 hours. After hitting a low of $0.8873 on January 9, th...
Cryptocoins News / Finance Magnates - 3 months ago
Ripple, a San Francisco-based blockchain company, recently transferred $682 million worth of XRP to an unknown wallet, according to data from Whale Alert, a service that tracks large cryptocurrency transactions.Meanwhile, XRPUSD has been moving upwar...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency over-the-counter (OTC) market experienced unprecedented growth in 2024, with trading volumes more than doubling amid strong institutional adoption and favorable market conditions. Total OTC trading volume surged 106% year-over-year...
Cryptocoins News / Finance Magnates - 3 months ago
XRP, the cryptocurrency supporting the Ripple blockchain, might experience bearish momentum as funding rates have turned negative on multiple derivatives exchanges today (Friday). Although the rates shifted into the positive region on many exchanges,...
Cryptocoins News / Finance Magnates - 3 months ago
Kraken has announced a new initiative for clients receiving funds from FTX on its platform. These clients will be eligible for fee credits, allowing them to trade up to $50,000 in cryptocurrency without incurring trading fees.Kraken Partners to Distr...
