Recently, crypto exchange OKX made the decision to delist Tether (USDT) pairs in the EU, opting instead to support USDC and Euro-based stablecoin pairs. This move, as communicated to a customer on March 18, is said to be a response to the draft technical standards released by the EU that are set to take effect
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Cardano’s development and utility have been under intense scrutiny lately, particularly regarding the Hydra project. This layer 2 scalability solution is designed to improve transaction speed, reduce costs, and enhance Cardano’s overall functionality. Despite concerns within the community, Charles Hoskinson has reassured the public that the project is still actively being developed. The co-founder emphasized
Bitcoin recently reached a new all-time high of over $73,500 before dropping to $65,000 and now recovering to over $68,600. This volatility in price is not uncommon in the world of cryptocurrency. The upcoming Federal Open Market Committee (FOMC) meeting on March 20 could potentially drive another price surge for Bitcoin. If America’s central bank
This past weekend was a tumultuous one for the crypto market, particularly for Bitcoin. The leading cryptocurrency experienced a sharp decline, plunging to a ten-day low of under $65,000. This came after a period of bullish momentum that saw BTC reaching a new all-time high of $73,800 on Thursday. However, the euphoria was short-lived as
The recent events in the cryptocurrency market have shaken investors as Bitcoin prices have taken a sharp nosedive. After a period of significant gains and record highs, Bitcoin has dropped to a weekly low of $65,000. This sudden downturn has left many investors reeling, with the current price sitting at $65,710. The 24-hour and weekly
The Asia Pacific region (APAC) has undeniably solidified itself as a thriving environment for the rapidly expanding technology industry. With countries like Singapore, Hong Kong, Vietnam, and Japan leading the charge in innovation, APAC has demonstrated its prowess in technological creativity and advancement. From bustling tech hubs to financial powerhouses, APAC has consistently been at
Grayscale has made a significant regulatory filing amendment to convert its Ethereum Trust to a spot exchange-traded fund (ETF). The latest filing, released on March 15, strengthens their previous submission in various ways. One key point of the update is that it argues surveillance sharing within the CME ETH market is adequate to safeguard against
XRP, the digital asset associated with Ripple, has recently experienced a dip in its price, falling to $0.63 according to CoinGecko’s data. This marks a 5.5% decrease in a 24-hour period, as part of the broader market correction that affected many cryptocurrencies. Despite this setback, analysts are optimistic about XRP’s future prospects. According to analysts
The recent crash in the price of Bitcoin has been attributed to a significant decrease in net inflows into Bitcoin Exchange Traded Funds (ETFs). Spot Bitcoin ETFs, which were seeing a steady stream of inflows, suddenly experienced a sharp decline in net inflows over the last few days. This decrease in buying activity by institutions
The recent pushback from Senators Jack Reed and Laphonza Butler against the approval of non-Bitcoin crypto ETFs, particularly focusing on Ethereum, has put a spotlight on the challenges faced by the SEC in regulating these new investment products. The Senators highlighted concerns about the lack of trading volumes and market integrity in cryptocurrencies other than
