Bitcoin Maintains Top Position in NFT Sales, Generates $853 Million In November, Bitcoin emerged as the frontrunner in monthly non-fungible token (NFT) sales, and to everyone's surprise, it continued to dominate the NFT market in December, racking up an impressive $853 million in sales. NFT Sales Surge in December, Bitcoin Retains Top Spot Despite a […]
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An Overview of BONK's Recent Performance The meme coin phenomenon bonk (BONK) has captured the attention of users on the Solana network. However, in the past two weeks, BONK has experienced a significant decline. Over the preceding fortnight, the cryptocurrency witnessed a 41% drop, accompanied by a 20.8% descent in the past week. Since reaching
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The Outrage and Accusations The recent announcement by the U.S. Department of Justice (DOJ) regarding their decision not to proceed with a second trial against Sam Bankman-Fried (SBF), the disgraced founder of FTX, has sparked outrage within the crypto industry. Crypto exchange Coinbase has gone as far as calling this decision a "miscarriage of justice."
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Spot Bitcoin ETFs Shouldn't Be Restricted to Cash Only, Says Vaneck Director Gabor Gurbacs, the Director of Digital Assets Strategy at asset management firm Vaneck, has criticized the U.S. Securities and Exchange Commission (SEC) for requiring spot Bitcoin exchange-traded fund (ETF) issuers to use the cash creation method instead of the in-kind model for their
The cryptocurrency exchange Okx has made the decision to sever its ties with privacy coins, following in the footsteps of Binance. This move comes as regulatory pressure mounts on these types of cryptocurrencies. Okx has announced the removal of several spot trading pairs associated with privacy tokens such as monero, zcash, and dash. The exchange
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Self-DirectedGold IRAs are fantastic as they let you place your money in the precious metals and not have to deal with any middlemen. They are so simple that your grandmother could set it up! When you buy physical silver, gold platinum, palladium and bar, rounds and bullion, you will receive immediate liquidity. However, if you
DOJ Drops Second Trial against Sam Bankman-Fried On December 29, 2023, after 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) made the decision to not proceed with a subsequent trial against Sam Bankman-Fried, the former CEO of FTX. This update was disclosed by Matthew Russell Lee of the Inner City Press, who shared
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Sofi Stops Offering Crypto Services Starting Dec. 19, the financial services platform Sofi will cease providing cryptocurrency services to its customers. The decision was made due to increased scrutiny of the crypto sector by banking regulators. Sofi has provided instructions on how customers can transition their accounts to Blockchain.com during this period. No New Accounts
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New Regulations for Virtual Currency Listings and Delistings The New York Department of Financial Services (NYDFS) has recently released new standards for virtual currency (coin) listings and delistings. These regulations, which affect Bitlicensees and limited-purpose trust companies, include guidelines for business models of virtual currency entities (VCEs), risk assessment expectations, advance notification requirements, and updated
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Alchemy Pay, the leading fiat-crypto payment gateway, has recently announced its partnership with Worldpay, a renowned payment processor. This collaboration aims to provide Alchemy Pay's users with access to Worldpay's Visa and Mastercard payment rails through its on and off-ramp service. By leveraging Worldpay's extensive global reach, Alchemy Pay aims to enhance the efficiency and
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