On May 16, the governing party of Turkey sent a crypto bill draft to parliament. The bill is in line with global norms and focuses on crypto service provider registration and licensing. The goal of the proposed bill is to make the Capital Markets Board (CMB) in Turkey the go-to
After a month-long bear market, the cryptocurrency market finally looks back on track for a promising crypto summer. The current excitement in the market was triggered by a high inflow of capital through the Bitcoin ETFs last Wednesday. As a result, Bitcoin’s market value surged above the $66,000 resistance level.
With its 7% gain in value, the Bitgert Coin is gaining attention from the digital currency field. The primary driver of this market is traders’ concern for a sense of FOMO. Algorithms searching for both purchase and sale statistics are being put on trial. Many debates and concerns are being
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for the next big opportunity. With the recent surge in interest surrounding altcoins, analysts have identified three promising projects with the potential for significant growth: Retik Finance (RETIK), XRP, and Hedera. These altcoins, priced under $1, have
Utility tokens play a pivotal role within blockchain ecosystems, serving as access keys to various functions within projects. Each utility token has a smart contract outlining specific application scenarios, allowing holders to leverage the project’s functionality. While utility tokens hold significant promise, not all have fulfilled their potential, with some
Subsquid, a Web3 data access layer, has announced that many tier-one cryptocurrency exchanges are about to list its SQD token. On May 17, 2024, the native Subsquid token will be concurrently listed on Gate.io, Bybit, KuCoin, CoinList, and MEXC Global. SQD trading markets are scheduled to begin at 8:00 UTC, with
The French government has now begun to investigate the cryptocurrency exchange Bybit for possible regulatory violations. This comes regardless of reaching a worldwide user milestone of 20 million after five years of operation. Regarding Bybit’s unlawful status in the region, the French financial regulatory authority, the Autorité des Marchés Financiers
The cryptocurrency market is experiencing a resurgence, as Bitcoin has surged past the $66,000 mark in the last 24 hours. This impressive rally has propelled the total crypto market capitalization by approximately 6 percent, reaching a staggering $2.51 trillion on Thursday. Consequently, the sudden upswing has resulted in over $113
Ethereum (ETH) has been on a rollercoaster ride since the last bull run in March 2024, with the price down nearly 30% and struggling to sustain above the crucial $3,000 mark since May 2024. However, the bulls have shown some mercy, and ETH has managed to reclaim this region, currently
U.S. investing behemoth Vanguard’s new CEO has said that the firm would not be launching a spot Bitcoin (BTC) exchange-traded fund. An interview with Salim Ramji, the new CEO of Vanguard and a former head of BlackRock’s global ETF division, was published in Barron’s on May 15. Ramji said that
