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Australian Dollar Withdrawal Requests The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26 million recovered. Australian investors with crypto-to-crypto withdrawal requests will have to […]

Stablecoin Market Capitalization Sees Significant Increase Recent data shows a notable rise in the combined market capitalization of leading stablecoins over the past month. The total market capitalization has increased from $131.71 billion to $136.56 billion, indicating a growth of approximately $4.85 billion. Tether (USDT) Approaching 100 Billion Tokens in Circulation Tether, the top stablecoin

On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve made the decision to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) also stated that the committee "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation" is steadily approaching the 2%

NFT Market Faces Sharp Decline From January 20 to January 27, 2024, there was a significant decline in the sales volume of non-fungible tokens (NFTs), with a plunge of 21.25% compared to the previous week. Both Ethereum and Bitcoin, the leading blockchains in seven-day sales, experienced substantial decreases, ranging from 28.78% to 12.62%, respectively. Steepest

SEC Prioritizes Crypto Enforcement The U.S. Securities and Exchange Commission (SEC) experienced a significant surge in crypto-related enforcement actions in 2023, surpassing the previous year by over 50%, according to a recent report. The SEC considers cryptocurrency-related enforcement as one of its top priorities and has initiated 46 enforcement actions against various participants in the

Self-Directed Gold IRAs are great as they let you put money into precious metals without needing to work with middlemen. These accounts are so simple that even your grandmother could set it up! If you purchase physical gold, silver palladium, platinum and rhodium coins, bars, rounds and bullion, you’ll get instant liquidity. If you’re looking

Chinese investors are increasingly diversifying their portfolios by investing in cryptocurrency, driven by the current state of the national stock market. Despite the ban on cryptocurrency trading and purchasing since 2021, investors in China have found alternative ways to allocate a significant portion of their assets to crypto. Chinese Investors Seeking Profitability in Crypto According

Introduction Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin ETFs are likely to attract investors who are keen on "more regulated

SEC Provides Update on Unauthorized Access The U.S. Securities and Exchange Commission (SEC) recently provided an update regarding the unauthorized access of its @SECGov account on social media platform X. The attack occurred on January 9th, when the SEC's X account was used to post a fraudulent message claiming the agency had approved spot bitcoin

On Monday, Jan. 22, 2024, the price of bitcoin fell below the $40K mark for the first time in 48 days, according to market analysis. Over the past 24 hours, bitcoin experienced a 4% decline, with a 14.2% decrease observed in the previous two weeks. Bitcoin Falls Below $40K Amid Market Turbulence Since early December