Binance suspends new UK user registrations in response to recent changes in the country’s crypto marketing regulations set by the Financial Conduct Authority.
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16. The agency’s Division of Examinations has been publishing similar reports for over a decade to let its registrants know the emerging risks it will be focusing on. Crypto dealer-brokers, among others, have been given notice. The SEC’s examinations division […]
Binance’s 25th BNB Burn Boosts Price By 3%
Binance’s 25th quarterly BNB token burn of 2.14 million tokens boosts its price by 3% and reduces circulating supply. Deflationary #BNB https://t.co/pPvFHRh44M — CZ Binance (@cz_binance) October 16, 2023 Changpeng “CZ” Zhao, the CEO of Binance, announced a significant milestone for the cryptocurrency exchange. On October 16, Binance conducted its 25th quarterly BNB token burn, […]
Upbit’s Regulatory Victory Ignites Singapore’s Crypto Scene
Upbit, the South Korean cryptocurrency exchange, is making waves in the global crypto industry with its recent in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This regulatory green light represents a significant step in the company’s expansion strategy, positioning Singapore as a key hub for the exchange’s […]
Bitcoin Hits $30,000: Why Did Bitcoin Pump?
In a whirlwind of speculation and drama, Bitcoin soared from $27,000 to $30,000 in mere minutes. Undoubtedly, this volatility was fueled by a now-debunked report from CoinTelegraph, stating that BlackRock’s Bitcoin ETF had secured SEC approval. The news spread like wildfire, causing a seismic shift in market sentiment. Within no time, leading media outlets like […]
Ripple: XRP’s Golden Cross Sparks Bullish Frenzy: $6 Price Surge Imminent?
A renowned crypto analyst has predicted that XRP could surge by 1,133 percent to trade within the range of $5.3 – $6. According to him, the current market cycle is very similar to the one recorded in 2020-2021. At the current price of $0.495059, Ripple’s XRP is still far from its all-time high price of […]
BTC, ETH and XRP Price Analysis for October 16
How long can today’s rise last?
SEC will not appeal Grayscale ruling
The U.S. Securities and Exchange Commission has elected not to appeal a court decision ordering it to reconsider its denial of Grayscale’s ETP application, as it allowed the deadline for the move to pass. […] Read More… The post SEC will not appeal Grayscale ruling appeared first on CoinGeek.
Bitcoin Takes The Lead As Crypto Funds See Third Straight Week Of Inflows
Despite an array of uncertainties that have dotted the crypto horizon, recent data from Coinshares reveals a continuous faith in the sector, especially the foremost crypto giant, Bitcoin. Digital asset investment products have seen a steady and positive trend, recording net inflows for three weeks. Amid these inflows, Bitcoin emerges as the most dominant, presenting […]
Cardano’s TVL Soars to All-Time Peak
Cardano’s ecosystem is buzzing with activity as its total value locked (TVL) in ADA terms reaches an unprecedented high