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
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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
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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
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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 »
No New Users Accepted Bitgetx, the subsidiary of the Singapore-based cryptocurrency exchange Bitget, announced on November 13 that it has decided to drop its pursuit of a Virtual Asset Trading Platform (VATP) license in Hong Kong. As a result, Bitgetx will be closing its operations in Hong Kong and permanently exiting the region on December
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Blockchain.com Secures $110 Million in Series E Funding Blockchain.com, a cryptocurrency enterprise that offers a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently announced that it has raised $110 million in a Series E funding round. The funding round was led by Kingsway, a prominent investor in the crypto space. This
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A Game-Changer in Sports and Finance StocksFC, the innovative football (soccer) stock market platform built on Ethereum, has achieved remarkable success in just six months since its launch. This groundbreaking platform has redefined the sports investment landscape, offering fans an unprecedented opportunity to monetize their football knowledge and passion. Unrivalled Profits and Portfolio Power Since
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Weakening US Dollar Drives Gold Surge The recent surge in gold prices can be attributed to the weakening of the US dollar, rather than a sudden increase in gold demand. The drop in the value of the fiat currency was primarily caused by the release of October's Consumer Price Index (CPI) report. Similar to the
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