Author name: Peter

Introduction In the month of November, non-fungible token (NFT) sales experienced a significant increase. This trend has continued into the first week of December, with sales skyrocketing by 57% compared to the previous week. Bitcoin-related NFTs have emerged as the top performers in terms of sales volume, outshining Ethereum-based NFTs. Let's delve into the details

The SEC's Warning on Crypto Investments The U.S. Securities and Exchange Commission (SEC) has issued a renewed warning regarding the high risks associated with investing in cryptocurrencies. The regulator emphasized that crypto-related investments are particularly susceptible to fraud, including fraudulent coin offerings, Ponzi and pyramid schemes, and instances where project promoters disappear with investors' funds.

Introduction China and Singapore have joined forces to launch a pilot program that allows tourists from both countries to use China's central bank digital currency, the digital yuan, for their purchases. This collaboration aims to enhance convenience and provide a seamless experience for travelers during their overseas trips. Expanding Financial Cooperation The Monetary Authority of

Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at cracking down on terrorist organizations and addressing emerging threats involving digital assets. The bill proposes applying sanctions to foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislators also aim to provide the Treasury Department with additional resources to counter

Gold Hits Record High, Yet Bitcoin Steals the Spotlight With Stellar 2023 Surge Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023. However, despite this unprecedented peak, its price per ounce has decreased by 5.33% in the previous week. In contrast, bitcoin, the leading crypto asset in terms of market

Asset management firm Vaneck has revealed its 15 crypto predictions for 2024. These predictions cover a wide range of topics, including the arrival of the US recession, the approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and an anticipated historic rally for bitcoin, which could be influenced by political