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Search Results for: crypto market

U.S. DOJ Cracks Down on Crypto Exchanges Engaged in Illicit Activities

The U.S. Department of Justice (DOJ) will target crypto exchanges that engage in or allow criminal activity, such as money laundering. Moreover, the illicit transaction rate has surged up to $20 billion in 2022, which is an increase of 40% from 2021. On Monday, the Financial Times reported that the

May 16, 2023 1 min read

G7 Unites to Embrace Global Crypto Regulations and IMF Guidelines

In a resounding display of unity, the Group of Seven (G-7) intergovernmental political forum has voiced its unwavering dedication to embracing the upcoming regulations for overseeing crypto assets set forth by the Financial Stability Board (FSB). Additionally, the G-7 has reaffirmed its support for the International Monetary Fund’s (IMF) guidelines

May 16, 2023 2 mins read

MarketVector Indexes™ Launches the MarketVector™ Digital Assets Max 10 VWAP Close Index

Index to underlie the performance of the digital assets portfolio FRANKFURT, Germany–(BUSINESS WIRE)–MarketVector IndexesTM (“MarketVector”) announces the launch of the MarketVectorTM Digital Assets Max 10 VWAP Close Index (ticker: MVDAMV), a modified market cap-weighted index that tracks the performance of the largest and most liquid digital assets. To ensure investability,

May 15, 2023 3 mins read

MarketAcross Selected as the Official Media Partner of Blockchain Futurist Conference

The Blockchain Futurist Conference, the most renowned annual crypto event in Canada, has chosen MarketAcross as its official worldwide media partner. MarketAcross is the world’s top blockchain PR and marketing firm. Through the agreement, MarketAcross will take charge of pre-and post-event marketing initiatives, choose illustrious speakers, and use its broad

May 15, 2023 2 mins read

OrBit Markets Executes Trades on New Option DEX Aevo

SINGAPORE–(BUSINESS WIRE)–OrBit Markets, the leading institutional liquidity provider in digital asset options and structured products, has executed its first trades on the newly-launched option decentralised exchange (DEX) Aevo OTC, run by Ribbon Finance. One of the trades was an option on popular alternative token Aptos with DeFi-focused hedge fund Re7.

May 15, 2023 2 mins read

Top Crypto Gainers of the Week: LADYS, PEPE, and SUI

The crypto market is likely bearish over a week yet some cryptocurrencies kept surging with an expanded market capitalization. Let us look into the coins which ruled over the week in this article. As per the CoinMarketCap analysis, the top gainers include Milady Meme Coin (LADYS), Pepe (PEPE), and Sui

May 14, 2023 2 mins read

Do Bitcoin Deserve the Title “King Of Cryptocurrencies”; While Falling Apart?

Bitcoin, the original blockchain, has been facing significant challenges in recent times. Network congestion and soaring transaction fees have raised concerns among Bitcoin enthusiasts. The surge in activity, primarily driven by the emergence of BRC-20 tokens and ordinals, has put Bitcoin’s scalability to the test.  While some maximalists advocate for

May 14, 2023 3 mins read

‘Crypto is Global Phenomenon’ Says Crypto Freak Lark Davis

Cryptocurrencies have become a global phenomenon, with Bitcoin leading the charge. Bitcoin, the world’s largest cryptocurrency by market capitalization, has grown in popularity in recent years, and its impact is being felt worldwide. However, Bitcoin is just one of many cryptocurrencies that are challenging traditional notions of money and finance.

May 14, 2023 3 mins read

Crypto Disasters of the Week: Series of Events

The past week has been a rough ride for the crypto industry, with a series of unfortunate events leading to significant setbacks for some of the most prominent players in the market. From regulatory crackdowns to legal battles and price drops, here’s a roundup of what went down. Binance Shuts

May 14, 2023 2 mins read

Binance Departs From Canada Following New Crypto Regulations

Binance has opted to withdraw from Canada amid the implementation of a set of fresh guidelines for cryptocurrency exchanges. The regulations impose limits on investors and require exchanges to register with authorities. In recent months, Canada has implemented stricter regulations for trading platforms dealing with crypto assets. This includes the

May 13, 2023 1 min read
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