Crypto news

Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC accused the crypto exchange of illegally operating in the country without licenses. In a recent notice, the Philippine SEC...

Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March. For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in that regard. Per Bloomberg, Reddit is currently in talks with potential investors and its Initial Public Offering (IPO) could happen as early as the first quarter...

The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of a Bitcoin exchange-traded fund (ETF). This move comes shortly after the SEC decided to postpone the consideration of the previous proposal. The Franklin Bitcoin ETF...

Welcome to SIX Digital Exchange, the world's first fully regulated stock exchange and central securities depository (CSD). SDX, ein führender Anbieter von Krypto-Dienstleistungen und -Infrastruktur, der zur SIX Group gehört, arbeitet ab sofort mit DLT Finance, einem BaFin-lizenzierten Handels- und Brokerunternehmen zusammen, um ihre institutionellen Krypto-Dienstleistungen zu erweitern. Im Rahmen der Zusammenarbeit wird SDX die Rolle des Custodian...

Solana price started a fresh increase from the $51.20 zone against the US Dollar. The price is now trading above $55.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $60.00 and $61.20 to continue higher in the near term. Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could...

Bitcoin price started a strong increase above the $37,500 zone against the US Dollar. The price is now trading above $37,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $36,700 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $36,500 support zone. Bitcoin price is showing positive signs above $37,000 against the US Dollar. BTC might...

TL;DR Ethereum (ETH) is showing strong performance, currently trading around $2,000, with predictions of reaching its all-time high of over $4,800. Analyst FieryTrading forecasts ETH to reach nearly $5,000 by early 2025, citing a long-term bullish pattern. The same analyst predicts a significant rise for Cardano’s ADA, expecting it to exceed $35 by 2025 based on bullish market patterns. ‘Big Gains for ETH’ on the Horizon? Ethereum’s native cryptocurrency – Ether (ETH) – is...

Cardano co-founder Charles Hoskinson blasted U.S. regulators on Monday for labeling ADA and other cryptocurrencies as unregistered securities while giving bitcoin (BTC) a “complete pass” from the same level of scrutiny. According to the developer, Bitcoin could easily meet the legal criteria of an investment contract due to the “overly broad” nature of securities laws. How the SEC Defines a Security During a Monday livestream, one of Hoskinson’s viewers asked him to “talk...

With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency – Agencia Tributaria – unveiled form 721, a dedicated tax declaration form for virtual assets held abroad. Spanish Tax Authorities Set Threshold of $55K The latest announcement, made in the official state gazette on July 29,...

Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November 28 in a California hospital. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom, and participation,” said Warren...