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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Binance halts onboarding of new UK users

The move comes after the Financial Conduct Authority imposed restrictions on its U.K. partner REBS.

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  Posted by u/ one year ago

From Larry David to Tom Brady, FTX paid $1.13 Billion in Endorsement Deals says Former Head of Engineering

The trial of Sam Bankman-Fried readjourned Monday morning with FTX's former head of engineering, Nishad Singh, beginning his testimony.

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  Posted by u/ one year ago

SEC Announces Increased Oversight of Cryptocurrencies in 2024 Fiscal Plan

The SEC's 2024 fiscal plan reveals a heightened focus on cryptocurrencies and related fintech. The plan, issued by the SEC's Division of Examinations, seeks to address emerging market risks by focusing on issues like compliance, custody practices, and standards of conduct for crypto assets.

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  Posted by u/ one year ago

Uniswap to charge 0.15% swap fees beginning Oct. 17

Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether.

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  Posted by u/ one year ago

Clarification on sharing false spot Bitcoin ETF news

Cointelegraph apologizes to its readers and discusses its investigation into what led to the posting of unverified news on X about a spot Bitcoin ETF.

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  Posted by u/ one year ago

California Governor Signs 'BitLicense' Crypto Licensing Bill Into Law, Effective July 2025

California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025.

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  Posted by u/ one year ago

South Korean 'Crypto Killers' May Face Death Penalty

South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings.

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  Posted by u/ one year ago

Sega's Co-COO Sees Potential in Blockchain Gaming and NFTs \x93 Crypto Adoption Rising?

Shuji Utsumi, co-COO of Japanese multinational video game and entertainment companyÂ\xa0Sega, has expressed optimism about the potential of blockchain gaming and the role of non-fungible tokens (NFTs) in the future of video games.

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  Posted by u/ one year ago

?I?m still not seeing it? ? Judges skeptical of Ryder Ripps? BAYC appeal

The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs? case against his clients should be thrown out under California?s anti-SLAPP statute.

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  Posted by u/ one year ago

Mining BTC is harder than ever ? 5 things to know in Bitcoin this week

Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of ?World War III.?

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  Posted by u/ one year ago

The Story Behind the U.S. Government's $5 Billion in Bitcoin \x93 Here's What You Need to Know

The U.S. governmentÂ\xa0has become one of the largest holdersÂ\xa0of Bitcoin (BTC), acquiring approximately 200,000 coins (worth around $5 billion) through seizures related to criminal activities.

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  Posted by u/ one year ago

Crypto payment option for Honda cars only works via third-party platform

FCF Pay?s X account has been suspended amid circulating misreporting about its ?partnership? with Honda, which has never happened.

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  Posted by u/ one year ago

Crypto yield platform Haru Invest to suspend server

After halting withdrawals in June 2023, Haru Invest is yet to come up with a timeline to repay its customers.

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  Posted by u/ one year ago

GBTC Discount Continues to Shrink as Bitcoin ETFs Move Closer to Reality

SEC had previously missed the deadlines to appeal Grayscale's GBTC conversion to ETF.

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  Posted by u/ one year ago

Anthony Scaramucci Projects Bitcoin Market Cap Could Hit $15 Trillion: Here's How

SkyBridge Capital's founder Anthony Scaramucci says Bitcoin (BTC) could soar to a $15 trillion market cap, a massive 2,662% despite recent regulatory hurdles and market tightening factors.

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  Posted by u/ one year ago

Fake BlackRock ETF News Caused This Crypto Whale To Lose Big

A whale lost $49,000 trying to trade around a false report related to Blackrock?s spot Bitcoin ETF.

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  Posted by u/ one year ago

Price analysis 10/16: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Stock markets flashed green at the weekly open, and crypto prices followed.

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  Posted by u/ one year ago

Haru Invest Crypto Firm Suspends Servers to Reduce Maintenance Costs

Crypto yields platform Haru Invest has revealed plans to suspend its server as a cost-saving measure amid a fallout with one of its service partners. This new development comes a few months after the company suspended deposits and withdrawals in June 2023.

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  Posted by u/ one year ago

Bitcoin Price Spikes Following Fake BlackRock ETF Announcement: $100 Million Liquidated

Bitcoin's price soared from $27,900 to $30,000 following a misleading announcement about BlackRock's Bitcoin ETF approval. The fake news led to approximately $100 million in trading liquidations within an hour. BlackRock later clarified its ETF application is still under SEC review.

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  Posted by u/ one year ago

SEC Holds Back from Appealing Court Decision on Grayscale Bitcoin ETF: Report

The agency's decision to hold back does not automatically endorse the idea that a spot Bitcoin ETF will be approved soon.

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  Posted by u/ one year ago

BlackRock CEO Larry Fink Calls Bitcoin Pump A ?Flight to Quality?

Fink says BlackRock is hearing from clients around the world about a need for cryptocurrency.

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  Posted by u/ one year ago

Binance Burns Over $450 Million Worth of BNB in 25th Quarterly Burn

BNB leverages an auto-burn system to slash its total supply to 100 million BNB.

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  Posted by u/ one year ago

XRP Price Prediction as Price Sees 1.19% Increase in 24 Hours: Time to Buy or Just a Fluke?

The XRP price has risen by 1.2% in the past 24 hours, climbing back to $0.494007 on a day when the wider cryptocurrency market has also recovered a little from last week's damage.

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  Posted by u/ one year ago

Shiba Inu Price Prediction as SHIB Bounces 4% From Recent Bottom \x93 Is The Sell-Off Over?

The price of Shiba Inu (SHIB) has risen by 1.5% in the past 24 hours, with the meme token's jump to $0.00000712 marking a 4% increase from its seven-day low.

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  Posted by u/ one year ago

SEC Compliance News Sends BOND Token Soaring \x93 Here's What Happened

Tokenization protocol BarnBridge's BOND token surged in price over the weekend after the project said it would comply with unspecified SEC demands.

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  Posted by u/ one year ago

Today in Crypto: Jack Dorsey's Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Tether Freezes $873k in Crypto Linked to Terrorism in Israel and Ukraine: Report

Tether has also teamed up with Israel's NBCTF to tackle cryptocurrency-funded terrorism and warfare.

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  Posted by u/ one year ago

Crypto Projects Turn to Asia for Growth Opportunities Amid Regulatory Scrutiny in the U.S.

Crypto projects and investors are turning toÂ\xa0AsiaÂ\xa0in search of growth opportunities amid increasing regulatory scrutiny in the United States.

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  Posted by u/ one year ago

Sam Bankman-Fried?s Access to ADHD Medication Raises Concerns

Bankman-Fried's defense claims Adderall shortage impacts concentration during trial.

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  Posted by u/ one year ago

Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism

With Solana (SOL) pumping on Monday, eyes are on whether the cryptocurrency can break to the north of this key level, which could open the door to near-term gains of over 30%.

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  Posted by u/ one year ago

UPbit Receives Preliminary Greenlight From Singaporean Authorities

The largest Korean exchange has received in-principle approval by the Singaporean MAS.

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  Posted by u/ one year ago

Bitrace Reveals Over 3.4 Billion Risky TRC20 USDT Flowing into OTC Addresses: Report

19.4% of the mentioned addresses have been linked to money laundering schemes.

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  Posted by u/ one year ago

Pennsylvania House Representative to Remove Crypto Mining Ban from Energy Regulation Bill

AÂ\xa0Pennsylvania House RepresentativeÂ\xa0has decided to eliminate a proposed two-year ban on crypto mining from a bill aimed at regulating the sector's energy consumption.

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  Posted by u/ one year ago

As Pepe struggles to maintain its early 150x boom, is there a new contender to its throne?

TLDR: Pepe ($PEPE) struggles post-150x boom due to lack of market sustainability and utility. NuggetRush ($NUGX) emerges with strong tokenomics, real-world utility, and community engagement. NuggetRush’s innovative approach presents a meaningful, forward-thinking crypto investment opportunity. Pepe ($PEPE) once soared to staggering heights with a 150x price boom, showcasing the euphoric yet unpredictable nature of the […]

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  Posted by u/ one year ago

Spot Bitcoin ETF a ?done deal,? but how does this boost optimism for Shiba Memu?

Analysts have increased their expectations of a spot Bitcoin ETF. A spot ETF would boost crypto sentiment, benefiting Shiba Memu. Shiba Memu is a potential 10x investment in 2023. Analysts are growing anxious over a potential approval of spot Bitcoin ETF. They believe the latest loss of SEC in the Grayscale case increases the odds for […]

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  Posted by u/ one year ago

Why a Bitcoin rally could mean big business for NUGX as whales continue to diversify

TLDR Bitcoin’s upcoming pre-halving event has set the tone for a rally. The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally. Crypto whales seeking ways to diversify their portfolios are looking to NuggetRush for considerable returns. As the pioneering digital asset, the movements of Bitcoin ($BTC) can sway the […]

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  Posted by u/ one year ago

Memeinator price jumps in stage 4 while Australia proposes new crypto licensing

Memeinator presale has entered the fourth stage. The presale occurs in 29 stages, with the token returning by 132%. Memeinator carries a 1,000% potential due to strong speculation and utility. The crypto landscape keeps changing, with new tokens and regulations shaping the future of the sector. In response to the uncontrolled growth of new meme […]

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  Posted by u/ one year ago

MT Tower Elevates the Metaverse Experience: Listed on MEXC Exchange and Redefining Engagement, Authenticity, and Inclusivity

Madrit, Spain, October 16th, 2023, Chainwire   The metaverse is ablaze with excitement and innovation, and standing tall at the forefront of this digital revolution is none other than MT Tower. MT Tower is poised to transform the influencer and social media landscape into a vibrant and immersive wonderland. With a commitment to cutting-edge innovation, […]

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  Posted by u/ one year ago

Tether freezes 32 addresses linked to terrorism in Israel and Ukraine

Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel. The crypto addresses held over $800k collectively. Tether freezes crypto addresses linked to warfare in Ukraine and Israel Tether, the issuer of the USDT stablecoin, announced in a blog post on Monday that it has frozen […]

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  Posted by u/ one year ago

Fake spot Bitcoin ETF approval news pushes BTC to $30k

Bitcoin spikes to highs of $30k amid fake spot ETF news. BlackRock has confirmed its spot Bitcoin ETF application remains under review. Over $130 million shorts were liquidated as the price of Bitcoin shot to near $30k on Monday A relatively quiet crypto market sparked into a frenzy for a few minutes on Monday as […]

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  Posted by u/ one year ago

Bitcoin SV (BSV), Bitcoin Cash (BCH) Pops as BTC ETF Hopes Rise

Bitcoin SV and Bitcoin Cash prices were among the top-performing currencies on Monday as a sense of hope returned in the crypto market. BSV jumped by more than 13% to $38.27 while Bitcoin Cash jumped to $228.64. Other top-performing cryptocurrencies were Solana and Stacks. The main catalyst for the rally was the ongoing hopes that the […]

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  Posted by u/ one year ago

Bitcoin vs Gold: Bernstein analyst Gautam Chhugani picks a side

Bernstein analyst says Bitcoin is more attractive than gold. Gautam Chhugani explained why in a research note today. Bitcoin is currently down about 10% versus its YTD high. Gold has a history of doing well in a recession – but this time Bitcoin is an even better investment, as per a Bernstein analyst. Bitcoin has […]

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  Posted by u/ one year ago

Bitcoin Jumps to Near $28K as Bulls Bet on ETF Approval

Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.

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  Posted by u/ one year ago

Grayscale 'GBTC Discount' Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window

The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund.

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  Posted by u/ one year ago

FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried's Trial Continues

Addresses tied to the bankrupt crypto exchange controlled by a creditors? group have apparently staked the tokens to earn yield, blockchain data suggests.

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  Posted by u/ one year ago

Binance Burns $450M BNB in Quarterly Move

The burn mechanism is based on BNB's price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter.

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  Posted by u/ one year ago

Investor Demand for Ether Staking Yields Has Slowed: Coinbase

Staking yields have dropped to 3.5% from above 5% in the last few months, the report said.

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  Posted by u/ one year ago

Ferrari to Start Accepting Crypto Payments in U.S, Europe to Follow

Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers.

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  Posted by u/ one year ago

SBF Trial: What Did FTX?s Terms of Service Say About Customer Funds?

A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX?s terms of service were worded in such a way that there's no case to argue funds were misappropriated.

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  Posted by u/ one year ago

Bitcoin Gains Spark Bullish Call of ?$15T Asset;? BTC Forks Jump

One bull said bitcoin is ?more valuable than gold? and will become a $15 trillion asset.

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