The Hong Kong Securities and Futures Commission (SFC) has said that it would revise its regulations concerning the sales and requisite of virtual currencies amid current market trends and demands from the industry. The SFC said on October 20 that under the new regulations, only institutional investors would be authorized
The crypto market has faced a challenging year so far, with bearish trends dominating the charts. Enthusiasts and traders awaited an overall green chart in the market, and today marked an eventful shift as the bulls took control, pushing Bitcoin to the $30,000 mark and ushering in double-digit surges for
Bitcoin, the largest cryptocurrency by market capitalization, is currently experiencing bullish momentum. This uptrend was initially sparked by fake news that went viral, claiming an unverified approval of BlackRock’s iShares spot Bitcoin exchange-traded fund (ETF) by a popular news platform. As a result of this misinformation, it made a momentary
Ethereum (ETH) faced a lackluster response to the launch of its futures Exchange-Traded Funds (ETFs), in stark contrast to the initial enthusiasm seen with Bitcoin (BTC) futures ETFs. Over recent weeks, trader activity has dwindled, resulting in remarkably low transaction fees on the Ethereum network, the lowest since late 2022.
The SEC decided last Friday not to challenge a recent setback in the D.C. Circuit Court of Appeals. Grayscale Investments wanted to turn the Grayscale Bitcoin Trust (GBTC) into an ETF, but the SEC denied their application. Since the SEC did not appeal the decision, the court will overturn the
Bitcoin (BTC) prices exhibit a sudden rally following the recent news from Binance.US suspending direct U.S. dollar withdrawals. The price of BTC soared from $28,189 to $28,793 in the last 24 hours. Further, speculation continues to circulate within the crypto market regarding the potential approval of spot Bitcoin exchange-traded funds
Memecoins took center stage in the 2023 crypto landscape. In Q2, big names like Shiba Inu, Floki, and Pepe dominated discussions among traders and investors, leading to extraordinary price surges. Their social dominance reached new heights during this period. However, in the middle of Q3, a shift occurred. Other significant
In the vast, ever-evolving world of cryptocurrencies and blockchain technology, decentralized exchanges (DEXs) have emerged as pivotal players. Bypassing the traditional centralized gatekeepers, DEXs have democratized access to crypto-assets, offering direct peer-to-peer trading. They’ve redefined the very essence of trading, ensuring greater security, transparency, and control for users. Yet, amidst
Ethereum, the second-largest cryptocurrency by market capitalization experienced a significant downturn by hitting $1,551, nearing a seven-month low. This drop comes after a challenging week in which it declined by over 8%. The Ethereum community is reeling from this shock, especially considering that ETH began October by breaking the resistance
New crypto and bitcoin destination to showcase network of industry leaders, blockchain experts and independent media brands at TheStreetCrypto.com NEW YORK–(BUSINESS WIRE)–TheStreet and Roundtable Media today announced the launch of a new partnership covering bitcoin and the blockchain industry, TheStreetCrypto.com. The partnership combines TheStreet’s extensive newsroom experience with Roundtable’s network
