Bitcoin spot and futures ETFs remain blocked in South Korea, with financial authorities maintaining strict regulatory controls over cryptocurrency-related investment products. In a move that has raised eyebrows, the Financial Supervisory Service (FSS) has also barred the launch of ETFs that invest in companies tied to virtual assets, including major global firms such as Coinbase….
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.
Bitcoin is smashing through new all-time highs, climbing higher each day. The excitement in the crypto market is palpable as seasoned and new investors watch the leading cryptocurrency’s ascent. Amid this surge, certain altcoins are set to soar, offering opportunities for significant gains as the altcoin season looms on the horizon. One altcoin to watch…
Ethereum (ETH) price has struggled to keep pace with other major cryptocurrencies this cycle. While ETH is up 32% year-to-date, its performance lags significantly behind Bitcoin’s 112% and Solana’s 115% gains. Among the top 10 coins, Ethereum has seen the least growth, outperforming only Avalanche. This lackluster performance highlights growing uncertainty around ETH, as key…
POL’s $0.4250 support remains critical for stability amid reduced trading volume. SAND faces $0.3350 as key support, with declining volume signaling lower momentum. AAVE consolidates near $161.00 support, eyeing a potential breakout past $165.00. Polygon (POL) is holding steady at $0.37 despite a recent dip, while The Sandbox (SAND) and Aave (AAVE) are facing bearish…
Nearly 90% of users who traded meme coins launched from Pump.fun have either lost their investment or made less than $100 in profits. Despite these facts, only the successful trades gain the spotlight and create FOMO. Several speculative tokens created via Pump.fun have accumulated millions in market cap, but the profits were wracked up by…
A Shiba Inu whale holding over 10% of the token supply has sparked concerns about market concentration. On-chain data shows a decline in SHIB transaction volumes and reduced whale activity. Blockchain data has revealed that a single investor holds over 10% of the total Shiba Inu (SHIB) token supply. This investor, known by the wallet…
Russian President Vladimir Putin has approved new measures to restrict cryptocurrency mining in several regions to address energy supply concerns. These restrictions are part of Russia’s broader efforts to regulate the industry while conserving electricity during peak winter months. Russia Crypto Mining Restrictions Enforced in 13 Regions Russia will introduce the crypto mining restrictions in…
Binance clarified that BFUSD is a reward-bearing margin asset, not a stablecoin. The announcement triggered concerns, with many comparing BFUSD to the collapse of TerraUSD (UST). Binance has clarified the nature of its new asset, BFUSD, stating that it is a reward-bearing margin asset rather than a stablecoin. The statement posted on X (formerly Twitter)…
Ethereum (ETH) whales have increased transaction activities as analysts predict an end of the long correction. Ali Martinez has also predicted that ETH could follow in the footsteps of the S&P 500 to hit $10k by the end of the cycle. Ethereum (ETH) declines by 2.5% on the weekly chart following the recent attempt by…
Subscribe to our weekly newsletter below and never miss the latest news.
