In a bid to secure a presence in Asia’s thriving crypto market, the U.S.-based crypto exchange Crypto.com has formally applied for a license from the Hong Kong Securities and Futures Commission (SFC). With Hong Kong bracing for tighter regulations in the crypto domain, Crypto.com is gearing up for tough regulatory compliance. Crypto.com Applies For Hong […]
Long-Term Holders Not Selling Bitcoin Following Peak At $73K
Bitcoin price has been on a downtrend for 2 months and failed to hold upside momentum, with bulls turning weak. Bitcoin on-chain data reveals long-term holders (LTH) are currently not selling following a peak at Bitcoin all-time high. Long-Term Bitcoin Holders Remain Bullish CryptoQuant verified on-chain analyst Axel Adler Jr in a post on X […]
SEC’s Approval of Bitcoin ETFs Not a Nod to Ethereum, Says Gensler
In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chairman Gary Gensler stated plainly that the recent decision of the regulator to approve spot Bitcoin Exchange Traded Funds (ETFs) does not mean that a similar fate is expected for Ethereum-based products. This clarification comes in the wake of speculation and optimism within the […]
AI News: 5 Potential Updates OpenAI May Announce This Week
The building anticipation in the artificial intelligence (AI) space among enthusiasts will come to a climax as OpenAI unveils its incoming updates. Speculation and predictions have been circulating among users, eager to catch a glimpse and explore what is in store. OpenAI, spearheaded by Sam Altman, is set to release the latest update to ChatGPT, […]