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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ 9 months ago

Crypto users to reach almost $1B in 2024, analysts predict

Bitfinex analysts said the number of users could jump to between 850 and 950 million next year if bullish market conditions continue in 2024.

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  Posted by u/ 9 months ago

Hong Kong Financial Regulator Prepared to Accept Applications for Spot Crypto ETFs

Hong Kong's Securities and Futures Commission (SFC) has expressed its readiness to consider applications for spot crypto exchange-traded funds (ETFs).

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  Posted by u/ 9 months ago

BarnBridge DAO and Founders Agree to $1.7 Million Settlement with SEC

BarnBridge DAO and its two founders are set to pay the SEC over $1.7 million to settle allegations of neglecting to register the offer and sale of BarnBridge?s structured crypto asset securities.

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  Posted by u/ 9 months ago

New Argentina President Legalizes All Foreign Currencies For Payment ? Including Bitcoin

Argentina?s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC).\r\n\r\nThe rule comes attached to a sweeping executive order repealing over 300...

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  Posted by u/ 9 months ago

Spot Bitcoin ETF Analysts Eye January 10th Approval Deadline

As approval for a spot bitcoin ETF from the U.S. Securities and Exchange Commission (SEC)\xa0 looms closer and closer, research experts are still expecting the federal agency?s approval deadline to occur before January 10th, 2024 despite a series of grueling last-minute changes.

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  Posted by u/ 9 months ago

Bitfinex Market Analysts Predict $3.2 Trillion Crypto Market Capitalization ? Here?s More

Bitfinex analysts say the digital asset market capitalization could hit $3.2 trillion if bullish factors remain amid soaring prices towards the end of the year.

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  Posted by u/ 9 months ago

People?s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets

China?s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets in its recent financial stability report.

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  Posted by u/ 9 months ago

Multiple Crypto Influencers Struck By SIM Swap Attacks ? Here Are The Details

SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on X.\r\n\r\nSome include the accounts of crypto investment firm Manifold Trading and its founding partner, Jae Chung. Unlike regular posts about platform products...

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  Posted by u/ 9 months ago

Bitcoin Price Prediction: BTC Rises to $44,050, Coinbase Expands, and Musk?s 2024 Financial Plans

Bitcoin, the pioneering cryptocurrency, has surged to $44,050, marking over 1.4% increase and signaling a buoyant phase for the crypto industry. This upswing coincides with Coinbase's strategic expansion, as the company secures a crypto license in France, indicating a broader global outreach. Meanwhile, tech maverick Elon Musk has announced plans for 'X' to delve into financial services by mid-2024, potentially reshaping the fintech landscape.

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  Posted by u/ 9 months ago

Bitcoin ETF Approval Set to Propel BTC Price Beyond $50K: Matrixport

TV commercials are already being rolled out by various ETF applicants, a move that will continue to bolster Bitcoin prices.

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  Posted by u/ 9 months ago

Bitcoin trader with $12K BTC price target warns 'weeks' to crypto comedown

Bitcoin, Ether and altcoins have just weeks to go until the market flips fully bearish, Il Capo of Crypto insists.

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  Posted by u/ 9 months ago

Hong Kong?s financial regulator opens door for spot crypto ETFs

Hong Kong?s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.

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  Posted by u/ 9 months ago

BTC price shirks US PCE inflation win as Bitcoin $42K buyers step in

Bitcoin is not in the mood for another breakout attempt, and even five-month lows in the U.S. dollar index can't budge a flat BTC price.

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  Posted by u/ 9 months ago

Bitcoin ETF Token ($BTCETF) Spikes on Exchange Listing as BTC Price Eyes $45K

With rumors stating that the SEC is likely to approve the first-ever Bitcoin Spot ETF in January 2024, there is a speculative ERC-20 token, which could offer soaring returns following

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  Posted by u/ 9 months ago

Price analysis 12/22: BTC, ETH, SOL, BNB, XRP, ADA, AVAX, DOGE, DOT, LINK

Bitcoin is expected to face stiff resistance at $45,000, but the possibility of a rally above the key price level remains high.

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  Posted by u/ 9 months ago

Can BlackRock ?Front Run? The Bitcoin ETF Approval? Bloomberg Explains

BlackRock recently upped the cash with which it plans to seed its Bitcoin ETF by 100x.

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  Posted by u/ 9 months ago

Nigeria's central bank loosens rules for banks facilitating crypto transactions

The guidelines aim to set minimum standards and requirements for banking relationships and account openings for virtual asset service providers in Nigeria.

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  Posted by u/ 9 months ago

Solana Struggles With Saga Phones Inventory Amid Excessive Demand

Solana faces challenges in managing inventory for its Saga phones, leading to unexpected order cancellations following excessive demand.

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  Posted by u/ 9 months ago

Merging Crypto and TradFi: Mastercard Backs Fideum Group as Winner of Lighthouse FINITIV Program

Financial aggregator Fideum has been announced as the Mastercard Lighthouse Finitiv program winner on its path to merging crypto and traditional finance.

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  Posted by u/ 9 months ago

Solana Mobile Faces Inventory Management Issue, Unable to Fulfill New Orders

Solana Mobile has also canceled suspicious orders due to potential payment risks or excessive device orders.

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  Posted by u/ 9 months ago

Amid Solana?s Hot Streak, FTX and Alameda?s 73% Locked SOL Stash Ignites Market Speculation

With a valuation of $3.99 billion, FTX's 73% SOL holdings comprising 40.5 million tokens are yet to be unlocked.

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  Posted by u/ 9 months ago

After Office Raid, Bulgaria Drops All Charges Against Nexo

Prosecutors found no evidence that Nexo committed tax fraud or money laundering following months of investigations.

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  Posted by u/ 9 months ago

Memeinator puts meme tokens on their toes as investment potential drives presale

Memeinator aims to destroy weak and non-original meme tokens. Memeinator has utilities in gaming, NFTs, and staking. The project’s presale delivers 132% ROI with a bonus on token purchases during Christmas. Think of this: The meme sector rose to a peak of $36 billion this year from a market cap of nearly $0 in 2020. […]

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  Posted by u/ 9 months ago

Clock Ticking: 6 Hours Left in MetaWin?s Thrilling $1 Million USDC Prize Race

London, UK, December 22nd, 2023, Chainwire   Revolutionary Web3 Platform Prepares to Award $1 Million USDC Prize MetaWin, the premier web3 competition platform leveraging blockchain technology, is counting down the last 6 hours in its record-breaking MetaWin Millionaire prize draw, where one lucky player will win a life-changing $1 Million USDC! $1 Million Grand Prize […]

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  Posted by u/ 9 months ago

Injective (INJ) 2024 price prediction after 3000% rise in 2023 as Pullix?s presale hits $1.2M

Injective (INJ) hits ATH at $43 after a 3000% in 2023. Pullix disrupts DeFi with $1.2M raised, $0.044 per PLX, and a unique hybrid approach. INJ’s AI integration and Pullix’s innovative DeFi platform signal a transformative 2024. The recent Injective (INJ) price surge to $43 has captivated the crypto community. With a 3000% increase in […]

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  Posted by u/ 9 months ago

Hong Kong regulators open doors to spot crypto ETFs

Hong Kong’s SFC and HKMA are ready for spot crypto ETF applications. SFC revises rules, allowing funds direct exposure to spot virtual assets, emphasizing secure transactions. Contrary to China’s stance, Hong Kong attracts 11% of global crypto VC funding. Hong Kong’s financial regulators, the SFC and the Hong Kong Monetary Authority (HKMA), have jointly announced […]

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  Posted by u/ 9 months ago

Paxos expands its stablecoin to the Solana blockchain

Paxos has expanded to Solana, the first expansion for its USDP stablecoin to a new blockchain. The regulated company will issue its stablecoin on Solana starting January 17, 2024. Stablecoin issuer Paxos has expanded its stablecoin issuance to the Solana blockchain, marking the company’s second blockchain integration after Ethereum.  The firm’s Pax Dollar (USDP) stablecoin […]

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  Posted by u/ 9 months ago

BarnBridge DAO agrees to settle $1.7M with the SEC for charges against it

BarnBridge DAO, founders to settle SEC charges for $1.7M over unregistered SMART Yield bonds. SEC alleges failure to register crypto asset securities, cites violation of securities laws. Gurbir Grewal emphasizes blockchain compliance, highlighting the universal application of securities laws. Decentralized finance (DeFi) protocol BarnBridge DAO and its founders, Tyler Ward and Troy Murray, are set […]

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  Posted by u/ 9 months ago

Tether invests in Georgia education platform Academy of Digital Industries

Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia. The ongoing financial investment will help support the “real world” education about blockchain, bitcoin, stablecoins and P2P technologies, Tether CEO Paolo Ardoino said. Tether Operations Limited, the company behind the USDT stablecoin, has made […]

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  Posted by u/ 9 months ago

Stocks Extend Bull Run on Soft Landing Narrative: Markets Wrap

Stocks Extend Bull Run on Soft Landing Narrative: Markets Wrap

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  Posted by u/ 9 months ago

Protocol Village: Fountain, Podcast App With Bitcoin Lightning Network Payments, Launches Redesign

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)

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  Posted by u/ 9 months ago

Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally

Value locked on the blockchain?s applications has more than doubled since November.

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  Posted by u/ 9 months ago

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

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  Posted by u/ 9 months ago

First Mover Americas: Optimism?s OP and Solana Rally

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 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/ 9 months ago

SEC Chair Gary Gensler: 'Far Too Many Frauds and Bankruptcies'

Earlier this month, I had the opportunity to speak with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, recognized by CoinDesk as one of the most influential figures in the crypto industry over the past year, about how he views his agency's role in the digital asset world.

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  Posted by u/ 9 months ago

SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge

BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.

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  Posted by u/ 9 months ago

Next Year Crypto Will Wash Away the Stains of the ICO Boom

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  Posted by u/ 9 months ago

2024: The Revenge of Bitcoin

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  Posted by u/ 9 months ago

How NFTs Will Make a Comeback in 2024

NFTs are poised to be a major driver of Web3 adoption in 2024 ? but the successful projects will look very different from what?s come before.

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  Posted by u/ 9 months ago

Is it Really ?Up Only? for Bitcoin?

With spot Bitcoin ETFs set to be approved, and a halving on the way in April, everyone expects bitcoin to rise in 2024. But history suggests that might not be the case, says Frank Corva.

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  Posted by u/ 9 months ago

Nexo's Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report

The Bulgarian Prosecutor's Office reported to have said that it found ?no evidence of criminal activity,? adding that ?no evidence of tax offenses or computer fraud was found against the defendants, either.?

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  Posted by u/ 9 months ago

The Unified Future of AI, Blockchain and Virtual Worlds in 2024

Convergence is more than just a blending of technologies: It is a harmonization that enhances, expands, and redefines our experience of the digital world, says the co-founder of Decentraland Foundation.

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  Posted by u/ 9 months ago

7 Real World Asset Trends in 2024 That Will Unlock the Future of Finance

Stablecoins, tokenized treasuries, decentralized private credit, physical-backed NFTs, DeFi in climate and regenerative finance ? these are just some of the trends set to remake capital markets in the coming year.

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  Posted by u/ 9 months ago

Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings

Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it ? and other companies ? continue to hope for an approval for the U.S.'s first spot bitcoin ETF early in the new year.

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  Posted by u/ 9 months ago

Paxos Expansion To Solana Approved By NY Authorities

Previously confined to Ethereum, Paxos expansion to Solana in direct competition with peers like Circle and Tether for critical market share.

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  Posted by u/ 9 months ago

Bulgaria Closes Crypto Investigation, Declares Nexo Free of Charges!

Bulgaria's prosecutor's office officially closed its crypto investigation into the cryptocurrency firm Nexo on December 22.

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  Posted by u/ 9 months ago

Tether Announces Investment In Academy of Digital Industries!

Tether has revealed its undisclosed investment in the Academy of Digital Industries' Series A funding round.

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  Posted by u/ 9 months ago

BarnBridge DAO Settlement Hit By SEC With $1.7M Fine

The BarnBridge DAO settlement includes $1.5 million in disgorgement and $125,000 in civil penalties for each founder, Ward and Murray.

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  Posted by u/ 9 months ago

The Power of Community in Crypto: 7 Secrets to Build a Crypto Community Success

In the fast-paced world of the crypto community, the power of community cannot be underestimated. This insightful piece explores the secrets behind building a thriving and successful crypto community, providing valuable strategies and insights for crypto projects. With the crypto industry heavily reliant on community support, this article serves as a must-read for anyone looking

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  Posted by u/ 9 months ago

BlackRock Spot Bitcoin ETF Revised 4th Aims To Accelerate Launch

In a strategic move, BlackRock has submitted its fourth amendment to the BlackRock spot Bitcoin ETF with the SEC.

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