In anticipation of impending legislation, the Dutch Financial Markets Authority (AFM) issued a warning against the dangers of pump-and-dump schemes using cryptocurrencies. On December 30, the Markets in Crypto-Assets Regulation (MiCA) will be put into force. As stated in an official press release by the AFM. Market manipulation methods, such
Former Chinese finance minister Lou Jiwei called on China to carefully study cryptocurrency progress during his comments at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing. The speech was reported by Sina Finance and it said that the former minister warned about the dangers of cryptocurrency, including its volatility
With inflows of almost $1.1 billion, the United States spot Bitcoin exchange-traded funds had their best week since July 15-19. According to Farside Investors, the best-performing day since June 4 was on September 27th, when $494.4 million was added. The spot Bitcoin ETFs raised $366 million on September 26th, the
With US job statistics due out soon, the crypto market is bracing for a pivotal week. Especially in light of last week’s weaker US PCE inflation statistics, this data would be useful for investors in gauging fourth-quarter market patterns. With anticipation building for a possible “Uptober” surge, traders will also
As we approach the fourth quarter of 2024, the cryptocurrency market is heating up. The Bittensor (TAO) forecast suggests a promising rally might be on the horizon as it nears a pivotal $400 resistance level. Meanwhile, Bitcoin has seen a notable 2.6% increase in price following a U.S. Federal Reserve
The crypto world never sleeps, and while Bitcoin continues to dominate the headlines, a new coin in the PropFi (Proprietary Finance) space is quickly gaining traction among investors. This coin, FXGuys ($FXG), is making waves as it looks set to deliver extraordinary returns, with some analysts suggesting it could turn
Bitcoin (BTC) has been making a notable comeback this week, peaking at $66,376—an increase of 1.29% against the U.S. dollar on the day and a solid 5% gain over the past week. After nearly two months of consolidation, Bitcoin appears to be entering a more favorable trend. On September 27,
The cryptocurrency market is gearing up for a potential bullish surge in October, famously dubbed “Uptober,” following a historically positive trend during this month. Uptober, a blend of “Up” and “October,” represents the expected bullish performance of Bitcoin and other altcoins based on historical data. According to Coinglass, Bitcoin has
The beginning of September was crucial for Bitcoin (BTC) which failed to flaunt notable price movements. BTC has faced difficulty maintaining a rally above the $58K mark. The recent price momentum suggests that the leading cryptocurrency might be on the verge of a brief bullish trend. The bears continue restraining
Velar, a Bitcoin trading protocol announced that it would be launching a stableswap pool on Stacks in collaboration with Hermetica, a stablecoin developer. Velar will help provide the liquidity needed to power the USDh pool that will be introduced on Stacks’ Bitcoin L2. USDh, the first synthetic dollar with yield-bearing and backed by
