As the bears tighten their hold on the crypto market, the community experiences FUD. The crypto fear index has dropped to 21 indicating strong liquidations. Bitcoin fell to $79,000 in the past hour, further driving tensions upwards. Meanwhile, the SEC is scrutinizing memecoins. Notably, the SEC published an article discussing
The Financial Services Commission in South Korea plans to enable fund sales from digital asset donations in 2025. Operations such as charities, universities, and cryptocurrency exchanges receive the capability to convert their donated crypto assets into cash. The regulator also seeks to launch a pilot program on corporate crypto trading.
Major crypto exchange Coinbase now plans to re-enter the Indian crypto market after more than a year of exit from the country. The second largest crypto exchange now engages with the FIU to restart its operations as it aims to comply with regulatory principles. When Coinbase first entered India in
SEC Commissioner Hester Peirce claims most meme coins may not fall under the SEC jurisdiction. In an exclusive interview with Bloomberg, Hester stated “Many of the meme coins that are out there probably do not have a home in the SEC under our current set of regulations.” She further reinforced
The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements.
The Securities and Exchange Commission has approved the Bitwise Bitcoin and Ethereum ETF (Exchange Traded Fund) which allows investors to gain exposure to both assets in a single-regulated product. The approval of the fund’s 19b-4 filling for the Assets Management Firm is a first step before it launches, then SEC
The crypto community continues to rejoice in the upward momentum in the market over the past few days. Bitcoin has finally risen to the $101K level after days of consolidation. The timing couldn’t be better, as one of the external factors contributing is Trump’s inauguration day approaching. This has inadvertently
The crypto community is leaning increasingly towards bullish signals as activity increases and prices rise from the slump. This positive weather ahead of Donald Trump’s inauguration might result in further upward movements in cryptocurrency prices. Bitcoin has surged to the $99K level after much ado in the past weeks. Meanwhile,
The Asian crypto community has once again woken to a price consolidation in the market. Bitcoin has docked firmly at the $94K level causing anticipations among members. Meanwhile, JP Morgan’s recent investment in the cryptocurrency has caught the spotlight sparking discussions in our sector. On the other hand, the political-crypto
Crypto custody firm Copper Technologies withdrew its application to get a UK crypto license. The news came to light when Bloomberg reported on the company’s decision to withdraw its application today. The company stated the reason behind its withdrawal as its shift in priorities of the new CEO. The company’s
