🔵Top #CryptoNews of This Week #Cryptocurrency
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
South Korea unveils plan for stricter #crypto #regulations to combat money laundering, enhance oversight. #CryptoNews
Measures include preemptive transaction suspension system, aligning with international guidelines, and proposed legislative amendments.
https://coinpedia.org/news/south-korea-unveils-ambitious-crypto-regulations-in-2024-work-plan/
Measures include preemptive transaction suspension system, aligning with international guidelines, and proposed legislative amendments.
https://coinpedia.org/news/south-korea-unveils-ambitious-crypto-regulations-in-2024-work-plan/
CoinPedia
South Korea Crypto Regulation: All You Need to Know About the ‘2024 Work Plan’
South Korea has introduced a groundbreaking '2024 Work Plan,' signaling a major shift in its approach to regulating virtual assets. This comprehensive
Breaking: Hong Kong's Crypto Crackdown on Over the counter(OTC) #crypto outlets #CryptoNews
🔵As per Recent Press Release by DL News Hong Kong considers crackdown on #cryptotrading shops amid concerns over fraud and illegal activities.
🔵Proposed regulations would require licenses, local offices, and transparent transaction data from OTC shops.
🔵The initiative aims to subject OTC outlets to Anti-Money Laundering and Counter-Terrorist Financing Ordinance #regulations.
🔵Traders would need licenses, disclose ownership, while peer-to-peer trading remains outside regulatory scope.
🔵As per Recent Press Release by DL News Hong Kong considers crackdown on #cryptotrading shops amid concerns over fraud and illegal activities.
🔵Proposed regulations would require licenses, local offices, and transparent transaction data from OTC shops.
🔵The initiative aims to subject OTC outlets to Anti-Money Laundering and Counter-Terrorist Financing Ordinance #regulations.
🔵Traders would need licenses, disclose ownership, while peer-to-peer trading remains outside regulatory scope.
The UK plans comprehensive #crypto legislation within six months, covering #stablecoins and staking services.
Staking to be reclassified, ensuring it's not seen as a collective investment; #regulations aim for transparency. #cryptoNews
https://coinpedia.org/news/uk-govt-to-launch-crypto-and-stablecoin-regulations-in-the-next-6-months/
Staking to be reclassified, ensuring it's not seen as a collective investment; #regulations aim for transparency. #cryptoNews
https://coinpedia.org/news/uk-govt-to-launch-crypto-and-stablecoin-regulations-in-the-next-6-months/
CoinPedia
UK Government Fast-Tracks Crypto Reform with New Stablecoin Regulations
The United Kingdom is on the verge of a major crypto overhaul with the upcoming Crypto and Stablecoin Regulations 2024. Set to roll out in the next six
SEC vs. #Ripple lawsuit unfolds, influencing #XRP's future and potentially reshaping #cryptocurrency #regulations globally.
Timeline speculates legal proceedings from 2024 to 2033, ranging from district courts to Galactic Senate involvement.
https://coinpedia.org/news/crypto-influencer-share-a-realistic-outlook-of-what-might-happen-in-ripple-lawsuit/
Timeline speculates legal proceedings from 2024 to 2033, ranging from district courts to Galactic Senate involvement.
https://coinpedia.org/news/crypto-influencer-share-a-realistic-outlook-of-what-might-happen-in-ripple-lawsuit/
CoinPedia
What to Expect Next in the Ripple vs SEC Lawsuit? Expert Details 10-Year Timeline
The SEC vs. Ripple lawsuit is one of the most anticipated events in the crypto ecosystem. XRP holders are eagerly speculating about the lawsuit's outcome,
Top #CryptoNews In Last 12 Hours
1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.
2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.
3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.
4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.
5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.
1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.
2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.
3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.
4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.
5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.
Galaxy Digital CEO Novogratz predicts #Bitcoin dip to $42,000 due to #regulations but remains optimistic for long-term growth.
#ETFs could attract major wealth players like baby boomers, driving future growth, says Novogratz. #cryptonews
https://coinpedia.org/news/galaxy-digital-ceo-warns-of-possible-bitcoin-drop-to-42000-amid-market-uncertainty/
#ETFs could attract major wealth players like baby boomers, driving future growth, says Novogratz. #cryptonews
https://coinpedia.org/news/galaxy-digital-ceo-warns-of-possible-bitcoin-drop-to-42000-amid-market-uncertainty/
CoinPedia
Bitcoin Could Drop to $42,000 Before a Long-Term Rally, Warns Galaxy Digital CEO
In a recent interview, Galaxy Digital CEO Michael Novogratz shared his thoughts on Bitcoin's future, urging caution while predicting a potential dip to
In a landmark move, the #Crypto Council for Innovation stands with #Coinbase against the #SEC, fighting for clearer crypto #regulations.
This legal battle could shape the future of crypto in the US.
https://coinpedia.org/news/crypto-council-backs-coinbase-by-filing-amicus-brief-against-sec-over-regulatory-clarity/
This legal battle could shape the future of crypto in the US.
https://coinpedia.org/news/crypto-council-backs-coinbase-by-filing-amicus-brief-against-sec-over-regulatory-clarity/
CoinPedia
Coinbase Battles SEC for Clear Crypto Regulations: CCI Joins the Fight!
In a significant move on the 18th of March 2024, the Crypto Council for Innovation (CCI) threw its weight behind Coinbase by filing an amicus brief
#Stablecoin adoption lags despite clear #regulations, with analysts projecting $2.8 trillion market in four years.
Majority of #stablecoin transactions driven by bots and traders, highlighting infancy of organic payment activity. #CryptoNews
https://coinpedia.org/news/visas-data-shows-over-90-of-stablecoin-transactions-in-april-emanated-from-crypto-bots/
Majority of #stablecoin transactions driven by bots and traders, highlighting infancy of organic payment activity. #CryptoNews
https://coinpedia.org/news/visas-data-shows-over-90-of-stablecoin-transactions-in-april-emanated-from-crypto-bots/
CoinPedia
Stablecoin 2024 Update: Are Crypto Bots Driving the $161 Billion Market?
Stablecoins have become a major player in the digital finance arena, boasting a whopping market valuation exceeding $161 billion and a daily trading
#Ripple CEO confident in lawsuit, predicts SEC loss, emphasizes clarity in #regulations, and long-term investments. #Crypto
Garlinghouse forecasts $5 trillion #cryptomarket, suggests #XRP price increase, criticizes SEC Chair Gary #Gensler.
https://coinpedia.org/news/ripple-vs-sec-brad-garlinghouse-is-bullish-on-ripples-win-in-xrp-lawsuit/
Garlinghouse forecasts $5 trillion #cryptomarket, suggests #XRP price increase, criticizes SEC Chair Gary #Gensler.
https://coinpedia.org/news/ripple-vs-sec-brad-garlinghouse-is-bullish-on-ripples-win-in-xrp-lawsuit/
CoinPedia
Ripple vs SEC: Brad Garlinghouse Predicts Win Soon; XRP to Rise?!
Ripple's CEO, Brad Garlinghouse, recently provided a detailed look into the ongoing Ripple vs. SEC battle, discussing legal tussles, market outlooks, and
#Altcoins surged due to #Bitcoin's rise and positive #crypto #regulations in key countries. #Cryptomarket
Top #altcoins like #Chainlink and #memecoins anticipate significant gains amid bullish sentiment.
https://coinpedia.org/news/top-altcoins-on-the-cusp-of-bullish-breakout-in-the-coming-weeks/
Top #altcoins like #Chainlink and #memecoins anticipate significant gains amid bullish sentiment.
https://coinpedia.org/news/top-altcoins-on-the-cusp-of-bullish-breakout-in-the-coming-weeks/
CoinPedia
Top 3 Altcoins Set for a Bullish Breakout Soon
On Friday, many altcoins saw a significant rebound, driven by Bitcoin's (BTC) impressive price jump above $66,000. Optimistic regulatory developments in
Will SAB 121 Shape the Future of #Crypto #Regulations?
Will the Tokenization Reporting Act Revolutionize #CryptoMarkets?
What to Expect from Two Major Congressional Hearings on June 5th?
#CryptoNews #Cryptobill
Click Here to Read Below 👇
https://coinpedian.substack.com/p/two-major-congressional-hearings
Will the Tokenization Reporting Act Revolutionize #CryptoMarkets?
What to Expect from Two Major Congressional Hearings on June 5th?
#CryptoNews #Cryptobill
Click Here to Read Below 👇
https://coinpedian.substack.com/p/two-major-congressional-hearings
Substack
Two Major Congressional Hearings Today: Crypto Industry Braces for Impact
How Will Congress Shape the Future of Crypto Tomorrow?
Top #CryptoNews of This Week
1️⃣ #Powell stated that Fed officials were not in a hurry to cut rates significantly.
2️⃣ The IMF urged El Salvador to revise its Bitcoin #regulations and overhaul its framework.
3️⃣ Japan’s new PM introduced policies supporting #blockchain and NFTs to boost regional economies.
4️⃣ #CZ shared that Binance thrived well without him after his release from custody.
5️⃣ #BlackRock's exec noted that Ethereum ETF underperformed compared to Bitcoin ETF in the short term.
6️⃣ Bitcoin miner revenue fell to $816 million in September, marking a yearly low.
7️⃣ Bitwise submitted the first #XRPETF application, aiming to attract mainstream investors.
8️⃣ #FTX's restructuring plan promised small creditors potential payments by the end of 2024.
9️⃣ Over a dozen blockchain companies hired North Korean IT staff unknowingly through identity fraud.
🔟 #Coinbase predicted positive Q4 2024 performance due to U.S. rate cuts and China stimulus measures.
1️⃣ #Powell stated that Fed officials were not in a hurry to cut rates significantly.
2️⃣ The IMF urged El Salvador to revise its Bitcoin #regulations and overhaul its framework.
3️⃣ Japan’s new PM introduced policies supporting #blockchain and NFTs to boost regional economies.
4️⃣ #CZ shared that Binance thrived well without him after his release from custody.
5️⃣ #BlackRock's exec noted that Ethereum ETF underperformed compared to Bitcoin ETF in the short term.
6️⃣ Bitcoin miner revenue fell to $816 million in September, marking a yearly low.
7️⃣ Bitwise submitted the first #XRPETF application, aiming to attract mainstream investors.
8️⃣ #FTX's restructuring plan promised small creditors potential payments by the end of 2024.
9️⃣ Over a dozen blockchain companies hired North Korean IT staff unknowingly through identity fraud.
🔟 #Coinbase predicted positive Q4 2024 performance due to U.S. rate cuts and China stimulus measures.