Crypto news

RocketX ensures the API comes equipped with robust Anti-Money Laundering (AML) protocols, ensuring that multi-chain asset swaps occur in a compliant manner. RocketX has unveiled the beta phase of its developer application programming interface (API), streamlining the deployment of multichain decentralized applications (dApps) across any blockchain. According to a press release shared with Coinspeaker, the API incorporates an advanced discovery and routing algorithm, allowing self-custodial...

While BTC’s price has been on a roll in the past few months, certain stocks with strong relation to the asset or the industry have been flying as well. Such is the case with MicroStrategy, whose stock price is up by more than 250% since the start of the year, and Coinbase (COIN), which has seen a surge of 240% in the same timeframe. COIN and MSTR Up by Triple Digits YTD After the atrocious 2022, which saw market prices decline by more than 50% in months amid geo-political...

TL;DR Shiba Inu Scam Warning: Shibarmy Scam Alerts warns of fraudulent sites and NFT airdrops targeting SHIB investors, advising careful verification of URLs. Telegram Scam Alert: The team previously alerted about scammers on Telegram posing as legitimate contacts to deceive users in the Shiba Ecosystem & Shibarium Tech group. Safety Advice: Users are urged to verify identities and check official links to prevent falling victim to cryptocurrency fraud. SHIB Army Should...

During Binance Blockchain Week – a major conference held earlier in Istanbul on November 2023, CryptoPotato had the chance to speak to Binance’s Richard Teng. It’s worth noting that, at the time, Teng was serving as Binance’s Head of Regional Markets, as the conference took place before the most recent Binance developments. Recall that on November 21st, the United States Department of Justice settled charges against the cryptocurrency exchange, bringing an investigation...

The realized capitalization for bitcoin has recently witnessed significant growth and increment, indicating an improvement in the liquidity conditions of the leading digital asset. According to a report by on-chain market analytics platform CryptoQuant, bitcoin’s growing realized cap and the rising stablecoin market cap are evidence of the influx of new capital into the crypto market. Bitcoin’s Growing Realized Cap The realized cap is a metric that helps estimate bitcoin’s...

The Bitcoin spot ETF narrative has numerous analysts and famous figures in the crypto space debating how much BTC will be worth if the ETF gets approved. The recent developments in the cryptocurrency market — the aftermath of the DOJ settling with Binance in $4.3 billion deal and the removal of CEO Changpeng Zhao — have sparked a re-evaluation of the bullish narrative surrounding the potential approval of a Bitcoin exchange-traded fund (ETF). The Binance drama initially led...

Shares for the Grayscale Bitcoin Trust (GBTC) – the world’s largest Bitcoin fund – are nearly back to parity with Bitcoin (BTC)’s price after trading deeply underwater for the past two years. Their rising value reflects market confidence that Grayscale’s efforts to convert its fund into a Bitcoin spot ETF will prove successful. The SEC’s Promising Meetings Starting on Wednesday night, GBTC’s discount to NAV ratio shrank as low as 8.6%, according to Bloomberg ETF analyst Eric...

Following the conclusion of the extensive investigation and pursuit of cryptocurrency exchange giant Binance, reports suggest that the U.S. Commodity Futures Trading Commission (CFTC) now intends to pursue other platforms that violate trading laws. Despite experiencing a significant unforeseen event, the cryptocurrency industry has effectively mitigated the impact and is now observing signs of price recovery. CFTC to Intensify Crypto Crackdown Binance, the world’s largest...

British investment managers have received approval to create tokenized funds, marking a shift towards using blockchain technology in mainstream asset management. The country’s trade body gave the green light on Friday, allowing funds to be split into smaller digital tokens backed by blockchain technology. UK Investment Managers to Launch Tokenized Funds The Investment Association announced that funds authorized by the UK’s Financial Conduct Authority (FCA) can begin creating...

A prominent Bitcoin Lightning wallet provider – Wallet of Satoshi – announced its decision to remove its app from the US Apple and Google app stores. In a Twitter post addressed to the community, Wallet of Satoshi clarified that it will cease catering to customers in the country. This sparked speculation that the decision might be linked to a growing hostility from US regulatory authorities toward the cryptocurrency industry. Another Player Quits the US Market The latest...