The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury
November 14, 2024 2 mins read
The surge in crypto asset prices ignited a bullish sentiment in the cryptocurrency market. Notably, the global crypto market cap currently settles at $2.99 trillion, with a 3.64% increase over the day. Bitcoin (BTC) hit its new all-time high of $93.4K, which lifted the crypto market. Despite the surge, the
November 14, 2024 2 mins read
The Japanese investment firm, Metaplanet, known as Asia’s MicroStrategy, recorded a surge in its Bitcoin holdings, increasing by $28 million this year. This resulted in doubling the firm’s market valuation. Despite the surge, Metaplanet’s stock has witnessed a brief decline. The mid-2024 noted the beginning of the focused acquisition efforts
November 13, 2024 2 mins read
The U.S. Department of Justice (DOJ) has registered a civil forfeit lawsuit to recover $16 million worth of crypto assets, assumed to be linked to the controversial crypto exchange, FTX and its founder Sam Bankman-Fried. Among the crypto assets, more than half of the assets were held in Solana (SOL),
November 13, 2024 2 mins read
The global cryptocurrency market exhibits mixed signals, with assets fluctuating between gains and losses. The recent recovery of major assets has extended support to meme coins. However, at press time, prominent meme coins like DOGE and SHIB are recording double-digit declines. Despite this, the Solana-based meme coin BONK leads the
November 13, 2024 2 mins read
The seventh largest crypto exchange, Bitget has officially re-entered the UK market after a six-month interval. This follows compliance with the UK’s Financial Promotions Regime (FPR), which commands standards for promoting financial products, including crypto assets. The exchange’s relaunch was through the partnership with Archax, a Financial Conduct Authority (FCA)
November 12, 2024 2 mins read
The post-election rally propels the overall crypto market cap to settle at $2.99 trillion, with Bitcoin (BTC) at a record high of $89.9K. Major assets have recovered and XRP appeared in the green zone with a 13.42% gain over the past 24 hours. The asset chose a bullish pace for
November 12, 2024 2 mins read
The global crypto market turned bullish, with the total market cap climbing 9.37% to $2.98 trillion. In the Asian trading hours, Bitcoin (BTC) hit its new all-time high at $89,604, while Ethereum (ETH) rallied above $3.3K. This shift has ignited optimism in the market, driving a bullish outlook. Notably, the
November 12, 2024 2 mins read
The defunct exchange, Mt. Gox executes a transfer of $2.4 billion in Bitcoin (BTC) across wallets. This marks another key chapter in the ongoing process of creditor repayment efforts, with the deadline set for October 2025. Mt. Gox executed a massive transfer by moving over 30,000 BTC, valued at around
November 11, 2024 2 mins read
The overall cryptocurrency market recorded a modest 1.70% gain during its latest bullish phase, letting the market cap settle at $2.75 trillion. Recent price patterns of assets demonstrate a bullish shift, as Bitcoin (BTC) and Ethereum (ETH) prices crossed crucial junctures. Meanwhile, the price movements of the meme coin sector
November 11, 2024 2 mins read
