News - Page 21

The amended law has introduced several key changes that enhance the benefits of the original law. One significant change is the provision for a faster registration time, reducing it from a range of 30-60 days to a maximum of 30 days. This streamlined process will expedite the registration of entities and promote efficiency.

A widely followed crypto analyst has provided insights into what a 'worst-case scenario' could look like for Bitcoin (BTC) leading up to the anticipated April 2024 halving event.

The first Bitcoin exchange-traded fund (ETF) has registered its highest weekly trading volume since its inception. The BTC futures ETF released by ProShares, known as BITO, recorded $1.7 billion in trading volume, while the Grayscale Bitcoin Trust (GBTC) saw $800 million. This data suggests a strong appetite for Bitcoin ETFs.

In the aftermath of FTX, there were concerns about the future of centralized exchanges (CEXs) and the rise of decentralized exchanges (DEXs). However, data shows that CEXs are still thriving and offer unique advantages for traders and investors.

Terraform has filed a motion for summary judgment in response to the Securities and Exchange Commission's (SEC) investigation. The motion argues that after two years of investigation, the SEC has failed to provide sufficient evidence to prove that the defendants did anything wrong. Terraform highlights that during the discovery period, more than 20 depositions were taken and over two million pages of documents and data were exchanged. Despite this extensive process, the SEC has not made any progress in demonstrating its case. Terraform has requested Judge Jed Rakoff of the U.S. District Court for the Southern District of New York to dismiss the SEC's case and avoid proceeding to trial.

CoinShares recently reported significant inflows, although they noted that these inflows were only the 21st largest weekly gain over the past three years. This suggests that investors may still be exercising caution when it comes to deploying capital.

Bitget, the world’s largest crypto copy trading platform, is excited to announce the initial listing of Memecoin (MEMECOIN) on its platform.

The SOL coin has recently reached a 10-month high of $35, indicating a robust recovery in the cryptocurrency market. However, there is a crucial resistance trendline at the $35 mark that could pose a challenge for further price growth. This article explores whether the current rally can push past this pivotal level.

ZachXBT, a prominent figure in the crypto community, recently issued a warning to users who may have stored their seed phrase or keys in LastPass. According to ZachXBT, it is crucial to migrate your crypto assets immediately if you have ever used LastPass for this purpose.

Celestia, a decentralized network, is set to launch its native token with a total supply of 1 billion. This puts its fully diluted value at $3.1 billion, based on the futures price.

The recent downturn in the cryptocurrency market has affected the Pepe coin recovery rally, causing a bearish reversal and eroding the asset's market value by approximately 13.35% over the past four days. However, there are key levels that can support buyers and potentially resume the previous recovery.

The estate of bankrupt crypto exchange FTX and its associated trading arm Alameda Research recently transferred approximately $19.4 million in crypto assets. This movement was detected by blockchain tracking firm Lookonchain. The transferred assets mainly consisted of Solana (SOL) and several other altcoins.

In a recent testimony, the speaker expressed their initial goal of building a revolutionary product that would integrate the best features of traditional financial products and the crypto ecosystem. However, the outcome was far from what they had anticipated.

Animoca, a prominent name in the Web3 investment sector, has been making waves for several years. In July 2022, the company reached a valuation of $6 billion, with backing from Singapore's state investment fund, Temasek.

Bitcoin price officially formed a “Golden Cross” on October 30, indicating a potential all-time high (ATH) in the future. Traders and institutional investors have been closely monitoring BTC chart patterns and have already made significant investments in anticipation of this historic event.

Ethereum (ETH) price has been steadily rising, indicating a strong bullish grip with support above $1,800. Investors are optimistic about Ethereum's long-term prospects and are positioning themselves ahead of the next bull market.