The “real BTC bull run is yet to begin” is a statement made by a high-ranking member of the South Korean cryptocurrency community, possibly an executive of a major cryptocurrency exchange or a government official overseeing the nation’s digital asset industry. This statement suggests that they believe the price of Bitcoin (BTC) has substantial potential […]Read More
The Chief Investment Officer (CIO) of Goldman Sachs has voiced his view on Bitcoin, stating that it is not an investment asset class. This opinion is based on observations about the cryptocurrency’s volatility, lack of inherent value, and speculative nature. He argues that these characteristics make Bitcoin unsuitable as a long-term investment. However, it’s important […]Read More
South Korea Crypto Entrepreneur Do Kwon has been released from a Montenegro prison while the verdict regarding his extradition to the United States is still pending, according to recent reports. Kwon, the co-founder of the Terraform Labs blockchain startup, was arrested in January 2023 over allegations by the U.S. of securities law violations. He was […]Read More
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), has emphasized the importance of transparency in the cryptocurrency market. Due to its fast-growing space and the significant shifts it presents, Gensler believes full transparency is required to protect investors and maintain the integrity of these markets. He suggests that the laws and […]Read More
Cryptocurrency exchange FTX’s stake sale in Anthropic, a research organization dedicated to AI safety and ethics, has been barred to Saudi investors over national security concerns. This decision underlines ongoing geopolitical tensions and uncertainties regarding the rapidly expanding cryptocurrency and AI sectors. The concerns are likely connected to issues of data security, privacy, and the […]Read More
Recently, the analysts at JPMorgan, a leading global financial services firm, have warned of a further decline in Bitcoin value, even after a recent correction in its price. They believe that the digital currency’s current market structure is reminiscent of mid-April 2021 when the value of Bitcoin dropped sharply. You should keep updated with the […]Read More
The government of Uzbekistan has reportedly increased the monthly licensing fees for cryptocurrency exchanges, digital asset trading platforms, and other crypto market participants. This decision is believed to be part of regulatory efforts aimed at tightening control over the rapidly growing industry and protecting investors from potential risks. The new fee structure requires all licensed […]Read More
In a recent development, Crypto Council for Innovation (CCI), a consortium of leading companies in the crypto industry, has filed an amicus brief in support of Coinbase’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The primary goal of the brief is to provide the court with a comprehensive overview of the […]Read More
The Securities and Exchange Commission (SEC) in Nigeria has proposed a 400% registration fee increase for cryptocurrency firms. The move is aimed at increasing the regulatory oversight over the cryptocurrency industry in the country. In more detail, the proposal suggests that new digital asset offerings would need to pay an upfront fee of 2 million […]Read More
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April 25, 2024
April 25, 2024
Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.