Cryptocurrency Analysis and News Portal
The European Union’s financial watchdog will launch a three-part consultation process for the recently adopted Markets in Crypto-Assets framework, or MiCA.In a notice posted to the European Securities and Markets Authority (ESMA) website on June 12, regulators said the consultation packages would cover the authorization, governance, conflicts-of-interest and complaint-handling procedures
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In his Tuesday ruling, Judge Brendan Shannon authorized Bittrex U.S. and its affiliates “to permit their customers holding undisputed, noncontingent, and liquidated claims to withdraw cryptocurrency assets and fiat currency from the Debtors’ trading platform to the extent of such claims.” Source
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Summary: Coinbase users will no longer be able to borrow up to $1 million using Bitcoin as collateral.The crypto exchange plans to shut down its Borrow program starting May 10, 2023, due to insufficient demand for the product.Wednesday’s decision also comes amid a tussle between U.S. regulators and crypto businesses
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Starting May 8, Know Your Customer (KYC) identity verification will be mandatory for all products and services offered by cryptocurrency exchange Bybit.According to an Apr. 24 update, Bybit users who have not completed KYC by May 8 can only "close existing open positions or orders, return loans, or withdraw. Any
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The price of Dogecoin (DOGE) has almost doubled after bottoming out at $0.0491 in June 2022, alongside a similar recovery across the cryptocurrency market.On April 20, DOGE is trading for as high as $0.0942, up around 94% versus the last year's bottom. But, despite its impressive rebound, its price is
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The United Kingdom could see its first centrally cleared trading venue for digital asset derivatives due to a partnership between a London Stock Exchange Group (LSEG) business and trading startup Global Futures and Options (GFO-X). They intend to launch the service in the fourth quarter of this year.According to an
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The Shapella upgrade was triggered at 22:27 UTC and is processing withdrawal requests. Source
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After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet. Original Source
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The issuance of Djed’s overcollateralized stablecoins has been a much-hyped topic in the Cardano community. Original Source
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In mid-January, FTX Japan customers will first be directed to set up an account with Liquid Japan, a local crypto exchange purchased by FTX earlier this year. Then, after customers check their balances, withdrawals will be made available as of mid-February, according to the post. Source
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