In a shocking incident, Changpeng Zhao (CZ), the CEO of Binance, one of the leading cryptocurrency exchanges, revealed that executives of a Binance client were kidnapped and coerced into emptying their crypto wallets. CZ shared the details of the incident and highlighted how Binance was able to track the stolen funds and freeze over 94% […]
FTT Records Colossal Gains Over the Past Fortnight The exchange token FTT, originally developed by the now-defunct FTX cryptocurrency trading platform, has experienced a significant surge in value, surpassing the $3 per unit mark. Despite the challenges faced by FTX, including the fraud conviction of Sam Bankman-Fried and ongoing bankruptcy proceedings, FTT has shown remarkable
FTT Surges 200% in Two Weeks, Becoming the Fifth Largest Exchange Coin Read More »
Introduction The U.S. Securities and Exchange Commission (SEC) recently announced the postponement of its decision regarding the Global X Bitcoin Trust's application to list a spot bitcoin exchange-traded fund (ETF). This delay, revealed on November 17, 2023, adds to the ongoing uncertainty surrounding spot bitcoin ETFs. Global X Spot Bitcoin ETF Delayed by SEC The
The SEC Postpones Decision on Global X Bitcoin Trust’s Spot Bitcoin ETF Read More »
A Decline in Market Value Throughout 2023, various sectors within the cryptocurrency market have witnessed significant gains. However, privacy-centric crypto tokens have lagged behind their counterparts in terms of performance. Over the last ten months, the market value of the privacy cryptocurrency sector has diminished by $440 million, marking a notable downturn. An Overview of
The Performance of Privacy Crypto Tokens in 2023: A Detailed Analysis Read More »
SEC’s Advice Regarding Spot Bitcoin ETFs The Securities and Exchange Commission (SEC) has provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. This development has been seen as real progress within the crypto industry, as it brings clarity to the cash versus in-kind
Introduction The National Pension Service of South Korea, the world's third-largest pension fund, has made its first foray into the cryptocurrency sector by acquiring 282,673 shares of Coinbase Global. This move, valued at approximately $20 million, reflects the pension fund's growing interest in the burgeoning crypto market. About the National Pension Service The National Pension
National Pension Service of South Korea Acquires 282,673 Shares of Coinbase Global Read More »
Star Atlas, a trailblazer in the integration of gaming and blockchain, has reached a significant milestone with the listing of its ATLAS token on LBank. This marks the beginning of an exciting new chapter for Star Atlas and has generated a surge of interest in the market, resulting in a 60% increase in the value
Star Atlas: A New Era in Gaming and Blockchain Read More »
Overview Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market behavior. Market Analysis Ethereum's market
Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution Read More »
Bitcoin's Recent Price Swing and Current Market Status Between November 16 and 17, 2023, bitcoin (BTC) experienced a significant shift in its value, with its price fluctuating from $35,579 to $37,904 within a span of 24 hours. Currently, the market has stabilized, and bitcoin is trading at $36,387 per unit. On November 17, 2023, bitcoin
Bitcoin Technical Analysis: Overcoming $38K Resistance Level to Propel BTC Forward Read More »
Commerzbank, a leading German full-service bank, has made a groundbreaking move in the digital asset sector by becoming the first bank in Germany to receive a Crypto Custody License. This significant achievement positions Commerzbank at the forefront of the rapidly growing crypto market in the country. The bank sees this license, granted under the German
Commerzbank Secures Crypto Custody License, Paving the Way for Digital Asset Services Read More »