Thu, July 23

Will Bitcoin Bulls Remain Restless Until the End of 2024?

In a recent report by the British multinational bank Standard Chartered, a bold prediction has emerged regarding the trajectory of Bitcoin’s value. The bank projects a staggering surge in Bitcoin’s worth, estimating it to reach an impressive $100,000 by the close of 2024. This forecast stands as a reaffirmation of

November 30, 2023 2 mins read

Paxos Secures Preliminary Approval from ADGM to Offer Services in UAE

As part of its ongoing global expansion, crypto firm Paxos recently obtained two preliminary approvals in Abu Dhabi. On Wednesday, Paxos said that the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM) had given the firm two in-principle permissions to issue stablecoins and provide crypto brokerage and

November 30, 2023 2 mins read

Crypto Mixer Sinbad Faces U.S Sanctions Over Money Laundering

The cryptocurrency mixer Sinbad was sanctioned by the US Treasury Department’s Office of Foreign Assets Control (OFAC) on charges that it laundered funds for the North Korean hacker organization Lazarus. The OFAC said on November 29 that Sinbad had handled cryptocurrencies valued at millions of dollars from thefts carried out

November 30, 2023 1 min read

Santander Chooses Taurus for Safeguarding Cryptocurrencies

Spanish financial behemoth Santander reportedly has chosen digital asset management firm Taurus to launch a self-custody model for digital assets. Bitcoin and Ethereum trading was confirmed to be live and accessible for customers with accounts in Switzerland last week by Santander Private Bank. Additionally, Santander will only offer Bitcoin and

November 29, 2023 1 min read

Bitcoin Price Eyes $40k Level as Bulls Continue Strong Domination

Despite recouping a significant portion of the losses sustained during the catastrophic market collapse of 2022, Bitcoin’s price has seen significant volatility this year. Compared to its value on January 1, 2023, the current price of Bitcoin is over $38,200, a rise of 130%. Some market watchers think BTC’s rise

November 29, 2023 2 mins read

Spain Tightens Grip on Crypto Holders With New Reporting Rules

Residents of Spain are now required under new regulations put in place by the Agencia Tributaria, the country’s tax administration, to report any cryptocurrency holdings stored on platforms outside of Spain. At the same time, anyone who has more than $55,000 in cryptocurrency must report their abroad holdings on the

November 28, 2023 2 mins read

Can Bitcoin (BTC) Really Hit the $40K Target This Week?

In the midst of increased regulatory scrutiny within the cryptocurrency sector, Bitcoin (BTC) has displayed a spring, maintaining a consolidation level between $36,000 and $37,000. Recent market data reveals that Bitcoin reached a new yearly high of $38,307 on Friday, signaling its steadfastness in the face of ongoing challenges. CoinShares’

November 28, 2023 2 mins read

Bitcoin Faces Severe Selling Pressure as Bulls Domination Fades

Bitcoin bulls are keeping a close watch on past developments that indicate December might be another positive month for the BTC price. Bitcoin’s price has been on an upward trend lately; it gained 28.5% in October and is anticipated to record a 7.18% surge by the end of November. According

November 27, 2023 2 mins read

BitMEX Co-founder Highlights Dollar Liquidity Connection to Bitcoin’s Price

Arthur Hayes, co-founder of BitMEX, has a positive outlook on Bitcoin. Hayes discussed his views on twitter recently. The co-founder used the moniker with a chart showing shifts in the net reverse repurchase agreement (RRP) and the Treasury general account balance (TGA). Getting my feet did and observing how Bad

November 26, 2023 2 mins read

Bitcoin Records New 18 Month High, $40K Target Next?

Bitcoin, the dominant force in the cryptocurrency realm, has ignited fervent conversations within the community during this holiday season. Its recent climb to $38,544 marks a monumental high not witnessed since May 5, 2022, a staggering 18-month gap. The surge follows a turbulent two-day period that saw Bitcoin dip below

November 25, 2023 2 mins read