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Bitcoin Price Could Face Decline as Crypto Exchanges Experience $1 Billion USDT Withdrawal: IntoTheBlock
August 14, 2024Bitcoin’s recent downtrend was triggered by USDT exchange outflows exceeding $1 billion earlier this year, signaling a shift towards a risk-off stance among investors, according to insights from IntoTheBlock. Drawing…
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Starting July 24th, HSBC will prohibit all transactions to crypto exchanges.
July 26, 2024Effective immediately, HSBC will restrict all payments to cryptocurrency exchanges when deemed necessary. Specifically, from July 24, 2024, HSBC will block payments from bank accounts and credit cards that they…
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Which Centralized Exchanges Will List Bitcoin Runes Next?
April 23, 2024Bitcoin’s new Runes fungible token standard, launched during the quadrennial halving event, led to unprecedented network fees on the original blockchain network. The Cayman Islands-based exchange, Gate.io, quickly listed three…
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SEC is reviewing the New York Stock Exchange’s proposal for trading options on Bitcoin ETF
February 29, 2024The Securities and Exchange Commission (SEC) recently released an announcement regarding a proposed rule change put forth by NYSE American LLC. This amendment, known as Amendment No. 2, is designed…
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South Korea to Increase Digital Asset Scrutiny and Ban Unfit Exchanges
February 18, 2024South Korea’s anti-money laundering watchdog, the Korean Financial Intelligence Unit (KoFIU), is gearing up for a thorough examination of virtual asset service providers (VASPs) in the first half of this…
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New Data Reveals Crypto Exchanges’ Trading Volume Surpasses $10.3 Trillion in 2023
January 18, 2024CoinGecko’s 2023 Annual Crypto Industry Report has recently been published, providing a comprehensive overview of the current state of the crypto industry. The report not only covers the impressive growth…
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Major Crypto Exchanges Removed from Indian App Stores by Apple and Google Due to Regulatory Crackdown
January 16, 2024Tech giants Google and Apple have taken action against several major crypto exchange apps in India following the crackdown on offshore crypto exchanges by Financial Intelligence Unit India (FIU IND),…
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Is Whale Alert’s Claim of Over $100 Billion XRP Deposited on Cryptocurrency Exchanges Accurate?
January 14, 2024Whale Alert, a notable source for monitoring significant transactions in the crypto market, brought attention to a suspicious transfer of over $147 billion worth of Ripple (XRP) coins to the…
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Central Bank Reports Domestic Exchanges Make Up 99.7% of Brazilian Cross-border Crypto Trades
January 12, 2024Please be aware that crypto assets are considered a high-risk asset class and the information in this article is intended for informational purposes only and should not be considered as…