Cryptocurrency Analysis and News Portal
Crypto exchange Upbit may face possible sanctions in South Korea for not complying with the country's money laundering and know your customer (KYC) obligations, according to a report from local news site Maeil.Upbit which is one of South Korea's largest exchanges was reportedly notified by the Financial Information Analysis Institute
Read More
On Wednesday, bitcoin (BTC) briefly exceeded $100,000 for the fourth time, with trader sentiment switching to greed from fear as the price ranges between $90,000 and the six-figure level.The largest cryptocurrency may take several attempts to push through $100,000, as previous CoinDesk research showed.Since touching an all-time high of around
Read More
Crypto traders are optimistic again, anticipating bitcoin (BTC) will surpass record highs amid volatile trading as pro-crypto President-elect Donald Trump's inauguration on Jan. 20 nears. The price of bitcoin, the biggest cryptocurrency, has risen 11% from Monday's lows under $90,000. It has jumped nearly 3% in the past 24 hours,
Read More
Payments-focussed cryptocurrency XRP, which failed to set new price highs during the 2020-21 bull run due to regulatory struggles, is chalking out its fastest ascent in years, with derivatives tied to the token seeing record activity.The cryptocurrency's price has surged 50% to seven-year highs above $3 this month, extending the
Read More
Indian telecom and technology company Jio Platforms (JPL) is taking significant steps to enhance the digital experience for its more than 450 million users.Jio Platforms is a wholly-owned subsidiary of energy giant Reliance Industries. Reliance is led by one of Asia's richest man, Mukesh Ambani, and his family.Jio has partnered
Read More
On Jan. 20, 2025, the United States will start a new chapter in more ways than one. While the nation will be focused on President Trump's inauguration as our 47th President, the U.S. financial sector will be celebrating the resignation of Joe Biden's Securities and Exchange Commission Chair, Gary Gensler.As
Read More
The analyst who wrote this piece owns shares of MicroStrategy (MSTR).Since MicroStrategy (MSTR) become a bitcoin treasury company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings and convertible bond offerings.MicroStrategy's next method of raising capital is to buy bitcoin
Read More
The U.K. government has appointed Emma Reynolds as the new Economic Secretary in charge of overseeing digital assets and central bank digital currencies — alongside the broader financial sector.The appointment was announced on Tuesday following the resignation of Tulip Siddiq, who set out the government's crypto agenda weeks ago.It is
Read More
Decentralization is the foundation of blockchain technology, promising a more resilient and censorship-resistant alternative to centralized systems. But are the industry’s leading protocols as decentralized as they claim to be?Decentralization can be measured across multiple dimensions. At first glance, the number of entities participating in the validation or block-mining process
Read More
U.S. prosecutors have asked a federal judge to green-light the return of nearly 80% of the 119,754 bitcoins stolen in the 2016 hack of crypto exchange Bitfinex.In a Tuesday court filing, prosecutors said the 94,643 bitcoins recovered by the government from the original wallet used by the hacker, Ilya Lichtenstein,
Read More