The UK’s Financial Conduct Authority (FCA) has proposed tough new marketing rules that include a ban on crypto incentives. The proposed rules aim to protect retail investors from potential harm by prohibiting the use of incentives to promote crypto investments. The FCA is cracking down on crypto promotions and incentives
The U.S. Securities and Exchange Commission (SEC) swiftly initiated the crypto crackdown trapping the top crypto behemoths, Binance and Coinbase, in succession. The charges leveled allege that 67 cryptocurrencies offered by them and other industry players qualify as ‘unregistered securities.’ 67 Cryptocurrencies Tagged As “Securities” Recently, in the current lawsuit,
In the current distressing scenario in the cryptocurrency market, one metric continues to command the attention of analysts and crypto enthusiasts alike — the number of active addresses. It’s an unmissable signal of increasing mainstream adoption. Simply put, active addresses represent unique wallets engaged in transactions on a blockchain network
In the hustle and bustle of global finance, recent events are setting new precedents. Interestingly, cryptocurrencies are once again rising, this time notwithstanding legal complications. They are bouncing back and positively impacting the stock market, leaving investors astounded and economists intrigued. The Key Reason Behind this Recent Surge Essentially, the
In the last 24 hours, the cryptocurrency market has witnessed positive and negative developments. One significant event that sent shockwaves throughout the market this week was the Securities Exchange Commission (SEC) taking legal action against Binance, the leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ). However, certain cryptocurrencies have
Today, the Stella (ALPHA) market kicked off bullish. Soon, the bulls set support levels at $0.1133 and resistance levels at $0.1443. Presently, ALPHA, Stella’s native token, trades at $0.1327. This represents a solid 13.74% increase over the last 24 hours. Bullish momentum carries on as we head further into the
In an effort to streamline operations, Binance.US announced it would cease support for certain advanced trading pairs and pause its Over-The-Counter (OTC) trading portal. The changes, which affect a broad spectrum of crypto pairs tied to USDT, BTC, and BUSD, will come into effect from 9 a.m. PDT on June
In dYdX (DYDX) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about DYDX to analyze the future movement of the cryptocurrency. dYdX (DYDX) Current Market Status Current Price $2.02 24 – Hour Trading Volume $95,124,284 24 – Hour Price Change 2.78% Up Circulating Supply 156,256,174
The recently released 2023 New Value Report by Ripple, a leading player in the cryptocurrency and blockchain industry, paints an illuminating picture of the top trends shaping the global business landscape. The annual thought leadership publication, now in its sophomore year, provides a glimpse into the trajectory of crypto and
On Monday, the seventh consecutive week of outflows from Digital Asset Investment products accounts for $62M which then totals around $329 million. This indicates the one percent of overall assets under management (AuM). However, on a statistical basis, this coincides with the proportion of outflows seen in earlier 2022. The
