Bitget Now Supports VND Bank Transfers in Vietnam

Bitget, a Seychelles-based crypto exchange, has announced that it now supports VND bank transfers in Vietnam. Vietnamese can now use the nation’s leading payment system, VND bank transfers via VietQR, to have instant access to crypto tokens. Biget users can seamlessly trade, sell, and buy cryptocurrencies using the local bank payment method through their Biget…

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Crypto Fraud Penalties Propel SEC’s 2024 Enforcement to $8.2 Billion

The US Securities and Exchange Commission (SEC) achieved $8.2 billion in financial remedies during its 2024 fiscal year, marking a significant milestone despite fewer enforcement actions. The agency reported that it filed 583 cases this year, reflecting a 26% decrease compared to 2023. However, substantial financial penalties, particularly from high-profile cases like Terraform, drove remedies…

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Bitcoin’s $100K Push Keeps Altcoin Season on Hold, Index at 32

The Altcoin Season Index at 32 indicates that Bitcoin currently dominates the market. A slight increase in altcoin performance suggests the potential for a shift in market dynamics. Bitcoin nearing $100,000 and the altcoin market cap approaching $492 billion may trigger altseason. The crypto market is under Bitcoin dominance, as reflected in the Altcoin Season…

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Did a Shanghai Court Just Legalize Bitcoin in China?

Bitcoin has been very popular in the United States, Europe, the Middle East, and Latin America. The cryptocurrency has also enjoyed great success in neighboring South Korea and Japan. Cryptocurrency policy in China has been varied—from allowing citizens and residents of mainland China to own crypto, to banning the asset class in 2021. It would…

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Cardano Snubbed for Wyoming Stablecoin Project: Hoskinson Hints at Legal Action

Wyoming excludes Cardano and its Midnight project from its state-backed stablecoin development shortlist. Charles Hoskinson criticizes the process as opaque and potentially influenced by Ethereum ties. Hoskinson hints at possible legal action and warns of political consequences. Cardano founder Charles Hoskinson has responded to Wyoming’s decision to exclude Cardano and its privacy-focused Midnight project from…

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How Will Gary Gensler’s Resignation Affect the Crypto Market?

Along with Bitcoin getting closer to $100k, the crypto market is filled with joys discussing Gary Gensler’s resignation. The current SEC Chair is the most hated personality among investors due to his constant severe actions against the crypto industry and putting legal objections on various crypto service providers, which has kept most in fear and…

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