The cryptocurrency market surged higher on Thursday, with the price of Bitcoin (BTC) breaking above the $27,000 level alongside easing macro pressures. BTC earlier rose to just shy of $27,300 and, at press time, has been trading at $26,942. The total crypto market cap also jumped to $1.12 trillion. With this, the crypto fear and […]
Tag: STO
Gemini to halt services in the Netherlands due to regulatory challenges
Regulatory compliance issues have forced Gemini to suspend Dutch operations. Gemini is a New York-based cryptocurrency exchange. Gemini’s decision follows a similar move by Binance, which also ceased its activities in the Netherlands. Gemini, one of the leading cryptocurrency exchanges based in New York, has revealed plans to temporarily suspend its cryptocurrency services in the […]
Everything You Need to Know About Mt. Gox Repayments
Few events have had the same impact as the demise of Mt. Gox, the world’s largest Bitcoin exchange. The 2014 fiasco left hundreds of investors reeling as the exchange declared bankruptcy amid charges of theft and incompetence, culminating in the loss of an astounding 850,000 Bitcoins. Years later, a complex process of restoration and reparations […]
Is a Grayscale Spot Bitcoin ETF Likely to Happen?
The financial industry has been buzzing over the prospect of a Grayscale Bitcoin Exchange-Traded Fund (ETF). Grayscale Investments is well-known for its Grayscale Bitcoin Trust (GBTC), which allows investors to obtain exposure to Bitcoin through standard brokerage accounts. However, there has been an increase in demand for a Grayscale Spot Bitcoin ETF, which would track […]
What Historically Happens to Bitcoin During a US Government Shutdown?
Bitcoin is a digital asset that is well-known for its durability and independence from traditional financial systems. However, even this decentralized powerhouse is vulnerable to the effects of big external events, such as US government shutdowns. We’ll look at previous occurrences, the cryptocurrency’s behavior, and the lessons learnt from these events to better understand the […]
Click, Click, Cash: Remodeling Payments
Payment methods and technology are constantly evolving globally. Tracking this change has been the Finance Magnates London Summit (FMLS), which for over ten years has served as a payments hub for this transformation and knowledge sharing. This includes a number of pertinent trends that have redefined the payments industry in years past. Indeed, consumer desire […]
Gary Gensler Crypto Perspective: Why Bitcoin is Not a Security, but Refuses to Say It’s a Commodity?
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has been making headlines in the crypto space with his statements on the regulatory status of various digital assets.He has repeatedly affirmed that Bitcoin is a commodity, but has been reluctant to say the same for other cryptocurrencies, especially those that have been […]
Upbit Listing Catapults Moonbeam (GLMR) into the Limelight, Unleashing a Trading Frenzy
After seeing some action yesterday, crypto prices are back in the mix today. This week started with Bitcoin price going under $26,000 before recovering and exceeding $26,800 on Wednesday before retracing the entire move. At the time of writing, BTC has been trading at $26,460 while Ether is exchanging hands at $1,623. Ethereum also reached […]
Top 10 Decentralized Music Streaming Dapps You Need to Know
When it comes to getting your sounds out to the world, decentralized music streaming dapps are seen by many as the future of the industry. These protocols enable fans and artists to connect in new and innovative ways that drive engagement further. Here are the top 10 decentralized music streaming dapps you need to know […]
Exclusive: My Forex Funds Claims CFTC “Mischaracterized” Its Tax Payments to Freeze Assets
As My Forex Funds’s regulatory quagmire continues, new details of its legal line of defence emerge. The lawyers representing the now suspended company claim that the Commodity Futures Trading Commission (CFTC) has “recklessly mischaracterized transfers to and from Defendants’ bank accounts before the SRO [statutory restraining order] was entered.” Specifically, “the CFTC misrepresented that Traders […]
