Mon, November 18

Bitcoin(BTC) In Bearish Zone | Caution for Investors?

Bitcoin, the largest cryptocurrency by market cap, is currently facing bearish momentum with a 3.69% decline. Despite hitting an all-time high of this year’s $31,474 in early July, it struggled to maintain its position amid high market volatility. Within two weeks, the price fell to $29,030. Crypto Commonly known as

July 28, 2023 2 mins read

U.S SEC Mandates Stringent Cybersecurity Reporting for Crypto Firms

Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days.  Organizations

July 28, 2023 2 mins read

ECB Raises Interest Rates by 0.25% Amid Inflation Concerns

Investors are wondering whether today’s announcement of a 0.25% hike in the European Central Bank’s benchmark interest rate is the final one of the year despite persistently high inflation. Since last summer, the ECB has tightened policy by 400 basis points, the most rapid pace in the bank’s history. With

July 27, 2023 2 mins read

Bitcoin Whales Move BTC to Binance; Dump Incoming?

Being the most popular cryptocurrency, Bitcoin (BTC) has set its back soaring higher compared to the previous year. As per the reports of the whale alert, a huge number of whales are activated transferring Bitcoin, on Thursday with a transaction fee of 0.00002938 BTC worth 0.86 USD.  🚨 🚨 🚨

July 27, 2023 2 mins read

Nexo and ACSS Collaborate To Strengthen Compliance Standards

In a significant step, Nexo, the world’s leading institution for digital assets, has joined an innovative group of companies by joining the Association of Certified Sanctions Specialists (ACSS), proving a steadfast dedication to international regulatory compliance. Nexo wants to boost the team’s competencies by using ACSS’s vast databases, rigorous training

July 27, 2023 2 mins read

Stellar(XLM) Surpasses Bitcoin With Most Crypto Off-Ramps

Stellar, the decentralized and open-source blockchain project, is making a notable impact in the crypto world with its impressive achievement in the number of off-ramps available for digital assets.  According to a recent blog post by the Stellar team, the project now boasts the most crypto off-ramps on its blockchain.

July 27, 2023 1 min read

South Korea Ramps Up Crypto Crackdown With New Investigative Team

As illicit activities in the crypto sector have increased, South Korea on Wednesday formed an interagency investigative team. This is an effort to combat cryptocurrency-related crimes. The Prosecutor’s Office said in a statement that around 30 individuals from judicial, financial, tax, and customs departments would comprise the Joint Investigation Centre

July 26, 2023 1 min read

Bitcoin Price Consolidates Amid Fed’s Interest Rate Decision Today

Bitcoin (BTC) was under selling pressure early in the week, sending the price down below the $30,000 support level to roughly $29,000. Some on-chain signs suggest potential development despite its relatively dismal prognosis. The fact that more and more Bitcoins are being removed from crypto exchanges and placed in private

July 26, 2023 2 mins read

Namibia Enacts Virtual Assets Act 2023 To Regulate Crypto Sector

After passing a virtual assets bill into law on Friday, the Namibian government plans to create a regulatory body to monitor the sector. To better regulate and oversee virtual asset service providers and associated activities, the government of Namibia has enacted the Namibia Virtual Assets Act 2023. The National Assembly

July 25, 2023 2 mins read

Crypto Market Remains Resilient Ahead of FOMC Outcome

On July 26, Wednesday, the Federal Reserve of the United States is expected to reveal its interest rate decision. At 18:00 UTC (14:00 ET), the Federal Reserve is likely to announce a rate hike to a range of 5.25%-5.5%, followed by a news conference by Chairman Jerome Powell. According to

July 25, 2023 2 mins read