Author name: Peter

Hong Kong Securities Regulator Warns Against Unlicensed Virtual Asset Trading Platforms

The Hong Kong Securities and Futures Commission (SFC) has issued a warning to cryptocurrency investors, urging them to only use or trade on approved virtual asset trading platforms (VATPs). The regulator emphasized the importance of verifying a VATP's regulatory status before engaging in any transactions. Background This warning comes after the SFC previously advised users […]

Hong Kong Securities Regulator Warns Against Unlicensed Virtual Asset Trading Platforms Read More »

Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence

Monero Faces 32% Value Slash as Binance Cuts Ties With Privacy Coin Monero (XMR), the leading privacy-focused cryptocurrency, experienced a sharp 32% decline within the last day following the announcement that Binance, the world's leading cryptocurrency exchange, intends to remove the coin from its platform. Binance cited non-compliance with its listing criteria as the reason

Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence Read More »

Vast Bank Withdraws from Cryptocurrency Sector, Closes Mobile App

Vast Bank's Decision to Exit the Cryptocurrency Market Vast Bank, a financial institution based in Oklahoma, United States, has recently made the decision to withdraw from the cryptocurrency market. As part of this strategic shift, the bank will be shutting down its crypto mobile banking application, effective January 31st. This move signifies a change in

Vast Bank Withdraws from Cryptocurrency Sector, Closes Mobile App Read More »

Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood

Cathie Wood: Investors Favor Bitcoin Over Gold Amid Financial Uncertainty Cathie Wood, CEO of ARK Invest, believes that there is a notable shift in investment trends, with investors increasingly favoring bitcoin over traditional gold investments. This shift has become more apparent since the introduction of spot bitcoin ETFs, which provide investors with easier access to

Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood Read More »

Blackrock’s Ishares Bitcoin Trust (IBIT) Ranks Among Top ETFs in 2024 Inflows

Blackrock's Ishares Bitcoin Trust Attracts Rapid Inflows Blackrock's Ishares Bitcoin Trust (IBIT) has quickly climbed the ranks in the exchange-traded funds (ETFs) market, emerging as one of the top five funds in terms of 2024 inflows in just 17 days. This remarkable achievement highlights the growing interest among investors in cryptocurrency as a legitimate asset

Blackrock’s Ishares Bitcoin Trust (IBIT) Ranks Among Top ETFs in 2024 Inflows Read More »

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market

Bitcoin's Consolidation Phase Bitcoin (BTC) continues to exhibit a pattern of consolidation with subdued activity over the last week. BTC's consolidation phase is marginally upward trending, as its price endeavors to surpass $43,500, signaling a consolidation above the 50-day moving average. Concurrently, a closer examination through moving averages and oscillators offers a detailed perspective. Mixed

Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market Read More »