Cryptocurrency
FinCEN Investigates TD Bank for Suspicious Crypto Trading
The Financial Crimes Enforcement Network (FinCEN) is investigating Toronto-Dominion Bank (TD Bank), the sixth-largest bank in North America, for potential involvement in suspicious cryptocurrency trading activities. The investigation revealed TD...
Hong Kong SFC to Issue New Crypto Exchange Licenses This Year
Hong Kong’s Securities and Futures Commission (SFC) is getting ready to issue new licenses for cryptocurrency exchanges and crypto-related companies this year. The announcement aligns with the SFC’s 2024 to...
Retail Buys vs. Whale Sells: SHIB Price Faces Pressure Amid Rising Volatility
Shiba Inu has seen a 13.61% increase in trading volume over the past 24 hours. This surge in activity is raising concerns about a potential price breakout as market volatility...
Cumberland vs. SEC: Crypto Market Maker Fights Back Against Lawsuit
Chicago-based crypto market maker Cumberland, the latest target of the SEC, is pushing back against the regulator’s allegations. The SEC sued Cumberland on Thursday for allegedly operating as an unregistered...
Crypto ETFs Gaining Popularity: Millennials Lead the Charge
A recent survey by Charles Schwab shows changing preferences in ETF investments, with cryptocurrencies becoming a top choice, according to Bloomberg ETF analyst Eric Balchunas. The survey, which included responses...
Brazil’s Crypto Soars on 42% Stablecoin Growth And Institutional Influx
Brazil’s crypto market is changing, with strong growth in stablecoin usage and renewed institutional interest from major financial entities. According to data from Chainalysis, the stablecoin market in Brazil is...
Colombian Neobank Littio to Offer USD Accounts on Avalanche
Littio, a leading Colombian neobank, has teamed up with Opentrade to address currency devaluation challenges in Latin America. This partnership aims to provide Littio customers with access to a more...
Crypto-Backed PACs Fuel Record Spending in Ohio Senate Race
Crypto-backed spending in Ohio’s Senate race has hit unprecedented levels, making it the highest in the 2024 U.S. election cycle. With Election Day fast approaching, ad spending on both Democrat...
Taiwan’s FSC to Launch Virtual Asset Custody Trials with Major Banks
Taiwan’s Financial Supervisory Commission (FSC) will launch its first virtual asset custody trials in early 2025, with three major banks already interested. The trial aims to boost financial innovation and...
Japan’s FSA Simplifies Crypto Rules for Non-Custodial Wallets
Japan’s Financial Services Agency (FSA) has said that non-custodial wallet services using authentication technology are not crypto asset trading businesses. This decision, made through the “gray area elimination system,” aims...
Chinese Stocks Crash, Crypto Emerges as a Safe Haven
The rally in Chinese stocks has ended after a week-long holiday. This decline follows a government briefing that did not announce any new economic stimulus measures. As a result, the...
Ethereum Staking Surges in 2024, 28.9% of ETH Now Staked
long-term confidence in Ethereum, especially with over 15% of staked ETH locked for more than three years. This trend reflects a shift in investor behavior. While short-term staking was more...
China’s New Stimulus Package Could Boost Crypto Prices
China’s massive new stimulus package could be a major catalyst for the crypto market. With officials set to announce further details today, investors are watching closely to see how these...
Tim Draper: Bitcoin’s Decentralization Will Make it a Global Currency
Venture capitalist Tim Draper, speaking on the Thinking Crypto podcast, reaffirmed his bullish stance on Bitcoin, even after experiencing significant losses in the past. He believes Bitcoin’s decentralized nature will...
Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken
A Bitcoin whale, dormant since near Bitcoin’s genesis block, just moved $634,000 in BTC to the Kraken exchange. This transfer, flagged by crypto intelligence platform Arkham on X, comes from...
SEC Scrutinizes Robinhood as Trump Eyes Dan Gallagher for Top Role
Reports suggest that Dan Gallagher, Robinhood’s Chief Legal Officer and a former SEC commissioner, may emerge as a strong candidate to lead the U.S. Securities and Exchange Commission (SEC) if...
Crypto’s Political Spending Spree: Free Speech or “Monstrous” Influence?
The tech industry, and particularly the cryptocurrency sector, has been deeply involved in political races this year. Paul Grewal, Chief Legal Officer at Coinbase, addressed criticisms of this involvement on...
South Korea Investigates KOK Token Crash, $3 Billion Lost
Lawmakers in South Korea are calling for a deeper investigation into the KOK crypto token scam and have urged the government to take action against those responsible for the token’s...
Inverse Head-and-Shoulders Pattern in Altcoin Season Index Hints at Bullish Breakout
The cryptocurrency market may be in for a breakout as the Altcoin Season Index has formed a bullish inverse head-and-shoulders pattern over the past 3.5 years. This strong bullish signal...
Ripple Exec: Crypto Will Be as Big as the Internet
Ripple’s Chief Legal Officer, Stuart Alderoty, posted an interesting poll on X (formerly Twitter) to his 174.5K followers and the crypto community. The results offer insights into the growth of...
PayPal Completes First Corporate Payment Using PYUSD Stablecoin
Financial technology company PayPal Holdings achieved a significant milestone in corporate payments, potentially driving mainstream crypto adoption. The platform executed its first business transaction using its stablecoin PayPal USD (PYUSD)...
UAE Makes Crypto VAT-Free, Strengthening Hub Ambitions
The United Arab Emirates (UAE) made crypto transactions and conversions VAT-free with amendments to its Value-Added Tax (VAT) regulations. This change, effective January 1, 2018, solidifies the UAE’s position as...
Fed Rate Cut: Dividend ETFs and Crypto See Massive Inflows
The Federal Reserve’s recent interest rate cut ignited a rally in both the stock and crypto markets. U.S. dividend ETFs saw a surge in inflows, attracting $3.05 billion in September,...
AerodromeFi Dominates Base Network with 60% DEX Activity
AerodromeFi has quickly become the leading decentralized exchange (DEX) on the Base network, now accounting for 60% of all DEX activity, according to recent insights shared by David Alexander. With...
Solana’s 40,000 TPS Exposes Cardano’s Outdated Claims
Solana’s transactions per second (TPS) have surged to 40,000 with the mainnet-beta launch of Frankendancer, a new validator client. This surge has ignited comparisons with Cardano, whose TPS currently sits...
