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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 10 months ago

More Than 80% of Bitcoin (BTC) Supply Has Returned to Profit: Glassnode

The vast majority of Bitcoins held are in profit according to recent data from on-chain analytics firm Glassnode.\xa0

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  Posted by u/ 10 months ago

BlackRock met with SEC officials to discuss spot Bitcoin ETF

Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager?s bid for listing a Bitcoin ETF.

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  Posted by u/ 10 months ago

Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.

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  Posted by u/ 10 months ago

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.

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  Posted by u/ 10 months ago

Grayscale Investments Meets with SEC to Discuss Spot Bitcoin ETF Details

The SEC met with Grayscale Investments to comply with a court order, which requires the agency to reassess the ETF proposal from last month.

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  Posted by u/ 10 months ago

MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

The creator of the Mutant Ape Planet NFT collection pleaded guilty to wire fraud in a New York federal court.

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  Posted by u/ 10 months ago

Analyst: BlackRock is Holding Meetings With the SEC About its Bitcoin ETF ? Here?s What We Know

Blackrock held a meeting with the U.S. Securities and Exchange Commission (SEC) on Monday to discuss the structure of its upcoming Bitcoin ETF, according to a memo from the regulator.\r\n\r\nThe meeting?s attendees included 8 members from the SEC?s Division of Trading and Markets, 7 representatives...

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  Posted by u/ 10 months ago

Is Binance?s $4B settlement the green light for spot Bitcoin ETFs?

One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance.

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  Posted by u/ 10 months ago

3 Key Reasons Investors are Flocking to This Meme Coin Presale Alongside Shiba Inu

Cryptocurrency investors are always on the lookout for good crypto to buy, and Galaxy Fox has emerged as a strong contender alongside meme coin giants like Shiba Inu. With its unique approach to combining gaming and meme coins, Galaxy Fox has garnered attention and is currently in its presale phase. Here are three key reasons investors […]

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  Posted by u/ 10 months ago

Over $86M drained after HTX Global?s HECO Bridge security breach

Over $186 Million drained in a HECO Bridge-related hack. The HECO Bridge is a crucial link for transferring funds between Ethereum and the Heco Chain. Projects associated with blockchain entrepreneur Justin Sun are facing ongoing hacking challenges. In a recent development, the HECO chain bridge, built by the HTX Global exchange has fallen victim to […]

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  Posted by u/ 10 months ago

Binance delisting major trading pairs including APT and AXS pairs

Binance CEO Changpeng Zhao resigns and pleads guilty. Binance delisting of 10 major coins as regulatory response. Binance restructures leadership and commits to compliance. Binance, the world’s largest cryptocurrency exchange, is making significant moves in response to a groundbreaking settlement with the US Securities and Exchange Commission (SEC). The exchange has announced the delisting of […]

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  Posted by u/ 10 months ago

Could Celestia and NuggetRush Outperform Ethereum Classic in the Upcoming Bull Market?

TLDR Celestia (TIA) has maintained its skyrocketing price levels a few weeks after its launch. Ethereum Classic (ETC) has dipped despite bullishness from excitement around spot Bitcoin ETFs. NuggetRush nears round three of its presale after selling nearly 50 million tokens. Celestia’s performance has increased since its leading network went live on October 31. Now, […]

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  Posted by u/ 10 months ago

GCEX Receives Operational VASP Licence from Dubai?s Virtual Assets Regulatory Authority

Singapore, Singapore, November 22nd, 2023, Chainwire GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA). GCEX, which opened its Dubai office in July 2022 and received its MVP (Minimal Viable Product) Preparatory License from VARA in […]

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  Posted by u/ 10 months ago

MCADE price explodes ahead of Metacade?s mainnet launch, up 106% this week

Metacade’s native token MCADE has surged more than 20% in the past 24 hours and 106% this week.  The gains come amid massive interest from gamers as Metacade’s highly anticipated mainnet launch approaches. The team has announced major partnerships, highlighting its growth since the presale. A look at the charts shows that Metacade price was […]

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  Posted by u/ 10 months ago

Meme Moguls to unleash game-changing utilities in Q1 2024 to rival Polygon and Cardano

$0.62 is the next price target for Cardano. By the end of Q1, 2024, $1.15 will be the value of Polygon. Meme Moguls is projected to climb 100x and rival both other altcoins. Cardano (ADA) has experienced a notable upswing of 56% in its value during the past month. Its network activity is massive, as […]

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  Posted by u/ 10 months ago

Whales load up on BLUR after Season 2 airdrop

BLUR has outperformed other altcoins with 35% upside Data shows increased whale buying after the end of the NFT marketplace’s season 2 airdrop. BLUR price reached a high of $0.52, its highest level since late May. Blur (BLUR) was outperforming with a massive 35% upside at the time of writing. Meanwhile, top coins and tokens […]

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  Posted by u/ 10 months ago

This is your brain on crypto: Substance abuse grows among crypto traders

What is it about crypto trading that can make some users susceptible to substance abuse, and how can they get help?

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  Posted by u/ 10 months ago

65% plunge in Web3 Games in ?23 but ?real hits? coming, $26M NFL Rivals NFT: Web3 Gamer

Can Shrapnel save Web3 gaming after a horror 2023? Why Disney?s NFT platform is ?irrelevant? and the $26M NFT in free mobile game NFL RIvals.

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  Posted by u/ 10 months ago

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea

We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

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  Posted by u/ 10 months ago

Sam Altman?s Role at Worldcoin Remains Unchanged Despite OpenAI Controversy

Sam Altman's role at Worldcoin is expected to remain unchanged despite the recent OpenAI controversy.

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  Posted by u/ 10 months ago

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.

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  Posted by u/ 10 months ago

$230M Liquidated as BNB Dumped 20% Following the $4B DOJ Settlement and CZ?s Departure

Somewhat expectedly, Binance Coin was among the poorest performers following yesterday's events.

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  Posted by u/ 10 months ago

Binance Processes Nearly $1B in Net Outflows as Changpeng ?CZ? Zhao Resigns

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

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  Posted by u/ 10 months ago

Binance Fundamentals Are ?Very Strong,? Reassures New CEO Richard Teng

Richard Teng replaced Changpeng Zhao as Binance's CEO on November 21.

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  Posted by u/ 10 months ago

Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein

The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.

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  Posted by u/ 10 months ago

Kraken Exchange CEO Jesse Powell Slams SEC for ?Assault on America?

Kraken co-founder Jesse Powell has called the US regulators masochists attacking America and extortionists chasing crypto companies out of the country.

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  Posted by u/ 10 months ago

Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor

Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.

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  Posted by u/ 10 months ago

Bernstein Report: Binance Will Remain the Top Global Crypto Exchange Despite DOJ Settlement

Binance, the world's largest crypto exchange, is expected to maintain its position as the dominant global exchange, even after reaching a settlement with the U.S. Department of Justice (DOJ).

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  Posted by u/ 10 months ago

Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%

Order book liquidity refers to the capacity to trade quickly at quoted prices.

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  Posted by u/ 10 months ago

Tron Founder Justin Sun Confirms Exploit on HTX and HECO Cross-Chain Bridge

Justin Sun assured that HTX will fully reimburse users for any losses incurred in the hack.

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  Posted by u/ 10 months ago

KPMG Canada Teams Up With Chainalysis to Fight Crypto Frauds and Exploits

The duo will help companies adhere to crypto regulations and advance anti-money laundering compliance programs.

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  Posted by u/ 10 months ago

Genesis Files $689 Million Lawsuit Against Gemini to Recover ?Preferential Transfers?

The lawsuit claims Gemini made preferential transfers during market turmoil caused by Terraform Labs and Three Arrows Capital.

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  Posted by u/ 10 months ago

Crypto Banking Firm BCB Group CEO Quits 5 Months After His Deputy

Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.

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  Posted by u/ 10 months ago

Sam Altman to Return Back to OpenAI: What?s Going On?

Open AI?s co-founder and president Greg\xa0 Brockman says ?OpenAI is nothing without its people.?

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  Posted by u/ 10 months ago

Justin Sun Confirms HTX, Heco Chain Exploited After $100M in Suspicious Transfers

HTX withdrawals and deposits have been temporarily suspended, and all losses will be covered by the exchange, Sun said.

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  Posted by u/ 10 months ago

Sacked OpenAI CEO Sam Altman Reinstated Just Days After Departure

Sam Altman's comeback resulted in a 16% surge in WLD's price.

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  Posted by u/ 10 months ago

First Mover Americas: Binance, Binance, Binance

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 22, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 10 months ago

Top Crypto Gainers Today on DEXTools ? PEPEPE, CZ, SNAPCAT

Blue-chip cryptocurrencies are pumping on Wednesday amid a market-wide relief rally as traders digest recent news relating to Binance, the world?s largest cryptocurrency exchange. But meme coins are seeing even bigger moves. Here are some of the biggest crypto gainers.

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  Posted by u/ 10 months ago

1 Way to Revive Dead NFT Wallets

Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated ? with potentially significant tax benefits.

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  Posted by u/ 10 months ago

Tokenization and Real-World Assets Take Center Stage

Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.

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  Posted by u/ 10 months ago

Why On-Chain Transaction Is the Key Blockchain Indicator

The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.

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  Posted by u/ 10 months ago

The Protocol: CZ's out, Altman's in, and Kraken's Sued

In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain.

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  Posted by u/ 10 months ago

Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

The world's largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.

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  Posted by u/ 10 months ago

Binance Settlements Could End Death-Spiral Fears ? And Might Be Good News

The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.

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  Posted by u/ 10 months ago

Bitcoin's Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges 'Filter'

After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project's co-founder.

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  Posted by u/ 10 months ago

KyberSwap DEX Hacked for $48 Million, Attacker Teases Negotiations

Decentralized Exchange had over $80 million in total value locked before the incident.

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  Posted by u/ 10 months ago

Binance's Ex-CEO CZ 'Poses a Serious Risk of Flight,' Prosecutors Claim in Asking He Stay in U.S.

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  Posted by u/ 10 months ago

Bitcoin Supply Inactive For a Year Hits Record High of 70%

It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.

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  Posted by u/ 10 months ago

CZ resigned as CEO of Binance and Richard Teng will serve as the new CEO

In a significant move that signals a change in leadership for the cryptocurrency industry, the founder and CEO of Binance, CZ resigned as CEO of Binance.

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  Posted by u/ 10 months ago

Binance Labs Refunds Capital in Bold Summer Decision!

Binance Labs has made headlines by reimbursing external investors a substantial portion of their contributions in a $500 million fund over the summer.

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