Crypto news

The US Securities and Exchange Commission has reportedly issued a warning that the recent Bitcoin Spot ETF filings by financial giants, such as Fidelity and BlackRock, could lack comprehensive details. The agency has a long history of rejecting such products in the States, and its current war on crypto is likely not helping. BlackRock made the headlines a few weeks ago when it filed to launch a Bitcoin Spot ETF in the States, which, if approved, would be the first such...

In addition to its focus on risk management and liquidity solutions, aiPX, the perpetual DEX built on Flare blockchain, offers a range of features designed to enhance the trading experience for users. In an exciting development within the blockchain space, Flare, a data-centric Layer 1 blockchain, has announced a partnership with aiPX to launch a decentralized non-custodial perpetual exchange on the Flare network. According to a press release shared with Coinspeaker, Flare’s native network...

Freshippo’s expansion comes three months after its parent company Alibaba revealed its restructuring plans. Freshippo, Alibaba Group’s retail grocery subsidiary, has opened 12 new stores across Mainland China. The stores are strategically located in key cities such as Beijing, Shanghai, and Guangzhou, aiming to cater to the growing demand for high-quality products and exceptional service in the highly competitive grocery market. According to an official press release on June 30, seven of...

Litecoin’s upcoming halving is less than five weeks away, which is expected to happen on August 2, 2023, at block 2,520,000. Leading up to the much-anticipated fact, the network hash rate has already reached a historic high, thereby serving as a positive catalyst for the Litecoin miners As a result of this increased confidence, LTC was up by more than 15% over the past week, climbing near the crucial $100 mark. According to the data compiled by Bitinfohcharts, Litecoin’s hash...

In the Coinbase defense that triggered a new hearing date in July, the exchange noted that many of the tokens SEC highlighted in its allegations are outside the Commission’s purview. The long-awaited legal battle between crypto exchange Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC) has been scheduled to hold on the 13th of July. Coinbase is just one of the crypto companies under the radar of the US financial watchdog. The Commission alleges that the exchange...

As per the VAUP legislation, the Financial Services Commission (FSC) will get the authority to oversee crypto operators as well as crypto custodians. South Korea has now implemented the first independent bill for digital assets in order to boost investor protection in the region. The development comes one year after the country’s biggest implosion of the Terra ecosystem last year which triggered the $2 trillion crypto market rout. On Friday, the South Korean parliament passed the Virtual...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A survey suggests that should the United States ever default, the public sees bitcoin as more of a “safe haven” than the U.S. dollar. Bitcoin Is a Bigger Safe Haven Than USD, Survey Says Things aren’t as strong as one would assume considering bitcoin only placed third on the list. The first “safe haven” viewed...

The leading South Korean cryptocurrency exchange – Upbit – has recorded a trading volume of more than $350 million for the Bitcoin Cash (BCH)/Korean Won (KRW) pair for the past 24 hours. In comparison, trades involving Bitcoin (BTC) have been three times less. BCH has been among the best performers in the crypto market lately, with its USD valuation up over 180% for the past two weeks. BCH Grabs the Attention of Koreans  As revealed by Wu Blockchain, BCH/KRW trades on South...

Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of SkyBridge Capital, advised AI stock investors to concentrate on long-term investments amidst these concerns. He highlights...

Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets...