Author name: Peter

Bithumb Considers Public Listing on Kosdaq in 2025

Bithumb's Potential IPO Strategy to Challenge Upbit's Market Supremacy Local reports suggest that Bithumb, one of South Korea's prominent cryptocurrency exchanges, is considering a public listing on the Kosdaq platform in 2025. Insider information indicates that Bithumb may also transition to the Korea Exchange (KOSPI) platform in the future. According to South Korean news outlet […]

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JPMorgan: US Crypto Regulations Unlikely to Ease Despite SEC Legal Defeats

Global investment bank JPMorgan has warned investors that U.S. crypto regulations are unlikely to ease, even though the Securities and Exchange Commission (SEC) has lost several recent court cases against crypto firms. "It is far from clear that the regulatory tightening of the crypto industry will lessen significantly going forward given how unregulated this industry

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Solana’s Rally Soars by 184% in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours

Solana Emerges as Crypto Winner with a 45% Weekly Surge Solana (SOL) has taken the crypto market by storm with its impressive surge in value against the U.S. dollar. In the past 24 hours alone, SOL has gained 11%, and over the course of the week, it has skyrocketed by 45.2%, securing its position as

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Robert Kiyosaki Reveals Why He Continues to Invest in Bitcoin

Robert Kiyosaki's Ongoing Investments in Gold, Silver, and Bitcoin Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, has recently shared the reasons behind his consistent investments in gold, silver, and bitcoin. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has remained on the New York Times

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Nigerian Central Bank Dismisses Rumors About Demonetized Naira Banknotes

All Banknotes Issued by the Central Bank of Nigeria (CBN) Remain Legal Tender The Nigerian Central Bank has recently clarified that the previously demonetized naira banknotes are still considered legal tender. In response to ongoing rumors suggesting otherwise, the bank emphasized that all banknotes issued by the CBN should not be rejected by anyone. CBN

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Grayscale Investments Engages with SEC on Bitcoin ETF Application

Grayscale Investments CEO Discusses Bitcoin ETF Conversion Grayscale Investments CEO Michael Sonnenshein recently spoke about the company's plan to convert its flagship bitcoin trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). In an interview with Bloomberg at DC Fintech Week, Sonnenshein revealed that the company is engaging with the U.S. Securities and Exchange Commission

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UBS Offers Wealthy Clients Access to Crypto ETFs in Hong Kong

UBS Group AG Expands Crypto Services UBS, the Swiss financial services giant, has reportedly started offering wealthy clients in Hong Kong the opportunity to trade three crypto exchange-traded funds (ETFs). According to Bloomberg, the move comes after the Securities and Futures Commission (SFC) granted regulatory approval for these ETFs. Authorized Crypto ETFs Available The three

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Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist

Federal Reserve Chair Jerome Powell's recent remarks have sparked a debate on the adequacy of current interest rates, adding to the uncertainty in the economic landscape. Despite strong gross domestic product growth, Powell's address revealed the Fed's firm position, as he expressed his lack of confidence in the effectiveness of their restrictive policies. Federal Reserve

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