The bill is a compromise of 19 separate proposals from different legislators. According to the Assembly’s website, the legislation would become effective in one year. The Virtual Asset User Protection Act, the first law in South Korea specifically pertaining to cryptocurrencies, was recently passed by the National Assembly. Thus, marking a major step forward in […]
Gemini co-founder unveils SEC pushed investors into “toxic” crypto products
Cameron Winklevoss, co-founder of Gemini states that the US SEC has been pushing investors into “toxic” and “unregulated” crypto products for the past ten years. The Winklevoss twins criticised the U.S. SEC on July 2, noting that it had been 10 years since they originally applied to have their own exchange-traded fund (ETF) approved by […]
The Impact Of Bitcoin Depot’s Nasdaq Listing On Cryptocurrency Adoption And Market Sentiment
The recent move by Bitcoin Depot, one of the largest Bitcoin ATM operators in the United States, to go public on the Nasdaq stock exchange is a significant development that can have a substantial impact on the global cryptocurrency scale, leading up to a bull market and growing adoption. By becoming the first U.S. Bitcoin […]
Crypto Exchange Gemini Tables ‘Final’ $1.5B Offer for Barry Silbert’s DCG
Gemini again threatened a lawsuit against DCG and Barry Silbert if they fail to accept the latest offer by July 6, saying “your games are over.”
Digitoads Projected To Reach 20x. Why Do Experts See AltSignals as the Better Investment?
As the crypto markets flip green after some recent bullish news, bear market investors may be running out of time to buy at discount prices. To find out where the best opportunities lie during this timeframe, experts have analyzed the crypto presale markets to find promising early stage projects. Two of the best early stage […]
Kraken Calls IRS Data Demand “Unjustified Treasure Hunt”
Reading Time: 2 minutesKraken has called the IRS’s demand for user trading data an “unjustified treasure hunt” The agency asked for the trading data of all those with over $20,000 in transactions Kraken had argued that complying would be unduly burdensome Kraken has called the demand from the Inland Revenue Service (IRS) for the trading […]
Miners hop on exchanges as bitcoin price hikes
Bitcoin (BTC) has been on a green run over the past two weeks while steadily standing above the $30,000 mark. With the recent surge, bitcoin miners have deposited their holdings into the exchanges. According to data from CryptoQuant, BTC miners…
Aptos Jumps 10% Overnight as South Korea Trading Volumes Spike
Aptos (APT) topped crypto market gains on Tuesday at 10% amid a surge in trading volumes in South Korea; the token was last trading at $8.15, per CoinGecko. ‘s (BTC) positive price action above $31,000 yesterday has likely added to the positive sentiment. (ETH) buyers are also attempting to move past resistance between $1,950 and […]
Chinese city of Jinan accepts CBDC payments for bus rides
The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network.
Bitcoin market dynamics shift with rising leverage amid bullish investor sentiment
Quick Take The price of Bitcoin is currently above $31,000, with a notable uptick in spot buying. Moreover, a considerable amount of open interest and leverage has been flushed out, potentially influencing the market dynamics. A metric that gives a sense of the leverage in the market is ‘futures open interest’ divided by the ‘market […]