Sanae Takaichi just secured a win in the Japan election, clarifying a move that could happen in the times to come. This has helped the global crypto market to make its own movement on the price chart, supported by expectations around the US unemployment rate. Meanwhile, Gold and Silver regaining
The Financial Supervisory Service (FSS) of South Korea released its business plan, which included aggressive measures to tighten crypto regulation by targeting risk practices that collapse the crypto market, as well as stronger IT and cybersecurity accountability for financial firms. According to South Korea’s Yonhap local news agency report, Financial
ARK Invest, led by Cathie Wood, has just adjusted its crypto ETFs position by buying about 716,000 shares of Bullish, which is worth around $17 to $18 million, while selling 119,000 shares of Coinbase, which is worth around $17.4 million. The trades were executed across three ETFs: ARK Innovation ETF,
Bitcoin’s sharp decline of over 20% this past week took crypto liquid funds by surprise, despite the commodity later rallying back on certain fronts. According to fund managers, the impact of Bitcoin’s decline was less from any particular event and more so because of the swiftness of the shift in
Bithumb, a South Korean crypto firm, accidentally transferred Bitcoin tokens in large numbers to its users. This triggered a sell-off on the platform, possibly and briefly affecting BTC prices on the chart. The flagship token has declined slightly since the report of the incident surfaced. All sights are also on
Artificial intelligence is racing to get from discourse to execution. Kris Marszalek, a cryptocurrency executive, founded ai.com, a new consumer AI platform that is joining the market with self-governing AI agents that can do more than simply respond to commands. According to the firm, its agents can plan activities, carry them
Luxembourg’s financial regulator has confirmed that UCITS investment funds can now gain limited crypto asset exposure under strict conditions. This step brings cryptocurrency to the mainstream of investing. On February 4, Luxembourg’s financial watchdog, Commission de Surveillance du Secteur Financier (CSSF), announced the decision. What has changed Under the new
One of the largest public Bitcoin treasury companies, Marathon Digital Holdings, transferred nearly $87million worth of Bitcoin to major crypto financial and investment firms, indicating potential selling pressure. On February 6, the on-chain analytics platform Lookonchain revealed that the Bitcoin Miner MARA Holdings transferred a total of 1,318 BTC valued
The US Dollar just lost its shine on its index. Meanwhile, crypto prices continue to lose their momentum with the recent decline bringing out bearish sentiments for every token. Consecutive outflows are adding worry to the plunge in the sector. US Dollar Against the Basket The US Dollar Index shows
Binance and Bybit have been said to have frozen withdrawals as a crypto sell-off continues to worsen in the marketplace. This freezing of withdrawals seems to have occurred as a result of a sell-off among the crypto assets in the marketplace. The recent sell-off appears to have influenced the decision
