Spanish financial services giant Banco Santander recently made a significant move into the digital asset space. The bank’s Swiss private banking unit, Santander Private Banking International, unveiled a new trading service for its clients with Swiss accounts. This offering allows clients to trade in two of the most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH).
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The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory regarding Binance’s operations within the country. While Binance is registered in other countries, the regulatory body stated that the exchange is not registered in the Philippines and lacks the necessary license and authority to operate. This article will delve into the implications of
In a recent turn of events, the exploiter responsible for the $46 million crypto theft against KyberSwap has issued a warning, demanding a more civil approach from KyberSwap executives, tokenholders, and liquidity providers during negotiations. The exploiter has threatened to postpone discussions until a more amicable atmosphere is established. This article delves into the details
Louis Vuitton, a renowned luxury brand, has recently introduced its latest digital collectible, the VIA Tile Trunk NFT. Designed by Nicolas Ghesquière, the creative director for women’s collections at LVMH, this NFT is inspired by Ghesquière’s trunk-shaped mini cube bag showcased at the Spring-Summer 2024 fashion show. It embodies a perfect balance between innovation and
Ethereum (ETH) has been demonstrating impressive performance in the cryptocurrency market, currently trading around $2,000. This marks a significant increase compared to the beginning of the year, indicating a potential upward trend. Analyst FieryTrading has predicted that ETH has the potential to reach its all-time high of over $4,800 in the near future. FieryTrading, a
In the world of cryptocurrency, Bitcoin (BTC) has always been a hot topic of discussion. Recently, the controversial Stock-to-Flow (S2F) model creator, known as PlanB, made a bold prediction that has captured the attention of the crypto community. According to PlanB, Bitcoin’s price will never plummet below the $35,000 threshold again. In this article, we
In a recent development, a U.S. court has made a ruling regarding Jump Crypto’s involvement in the ongoing case between the Securities and Exchange Commission (SEC) and Terraform Labs. The court has granted Jump Crypto the ability to submit certain information confidentially, as stated in a November 28 order. Judge Jed S. Rakoff clarified that
Cardano’s ADA token is currently exhibiting a range-bound behavior, as observed by a well-known YouTube crypto analyst. This analysis suggests that ADA has been trading within specific support and resistance levels, forming a distinctive triangle pattern on its price chart. While the pattern’s qualification as an Elliott Wave triangle remains uncertain, the analyst anticipates an
A recent analysis conducted by crypto expert CryptoCon suggests a bullish outlook for Bitcoin, with a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, which has a history of signaling previous price movements with considerable accuracy. The Weekly Ichimoku Cloud has been especially reliable, accurately predicting the rise
In the world of blockchain and cryptocurrency, there is no shortage of hype. With so many coins trading off the hype and promises of artificial intelligence (AI), it can be difficult to separate the genuine projects from the scams. However, there are indeed some legitimate use cases for AI in this space. Magazine spoke with
The Spanish Tax Administration Agency, Agencia Tributaria, has announced new regulations that will require Spanish citizens to disclose their cryptocurrency holdings for tax purposes. Starting in January of next year, individuals and businesses will need to report any crypto assets held on non-Spanish platforms that exceed 50,000 euros (about $55,000). This move aligns with the
Bitcoin has been on an upward trajectory, with its recent surge to new yearly highs resulting in a substantial number of investors seeing positive returns on their investments. According to the Bitfinex Alpha report, over 83% of the total Bitcoin supply is currently held at a profit. This figure marks the highest percentage of profit
In the rapidly growing world of Non-Fungible Tokens (NFTs), the need for secure and efficient storage solutions is becoming increasingly important. Akord, built on the Arweave blockchain, addresses these concerns by offering permanent and decentralized storage for NFT assets. This article delves into the unique features and advantages of Akord, highlighting its user-friendly interface, accessibility,
Coinbase, one of the largest cryptocurrency exchanges in the United States, recently disclosed that it has been subpoenaed by the U.S. Commodity Futures Trading Commission (CFTC). In an email sent to its users, Coinbase revealed that it has been requested to provide information about its users’ accounts and transaction activities. While the email does not