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The Indian App Store has recently removed several cryptocurrency exchange applications, including Binance, Kraken, MEXC Global, HTX, and Gate.io. This move is consistent with Apple’s strict stance on crypto-related apps. While Binance South Asia emphasized that existing app users are unaffected, the removal raises concerns about the regulatory challenges faced by offshore crypto trading platforms
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Decentralized Finance (DeFi) has become the latest buzzword in the world of cryptocurrencies and blockchain technology. While it promises to revolutionize the financial industry by eliminating intermediaries and increasing accessibility, a new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee sheds light on the risks and challenges inherent in this emerging field.
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Bitcoin’s recent price dip has triggered the third-highest volume of long liquidations since the bear market reached its lowest point in November 2022. However, a closer analysis by IntoTheBlock reveals an interesting trend in the market. Large Bitcoin holders, who own more than 1% of the total supply, have actively accumulated a substantial amount of
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The cryptocurrency community has been buzzing with discussions about Bitcoin SV (BSV), its founder Dr. Craig S. Wright, and the original intent of Bitcoin as outlined in the Bitcoin white paper. Dr. Wright’s assertive comments regarding the misuse of Bitcoin’s initial vision have garnered attention and resonated with some investors. This renewed interest has coincided
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As crypto markets brace for major movements, Bitcoin SV price has undertaken a major +2-% BSV price pump, leaving some side-lined traders asking ‘is it too late to buy Bitcoin SV?’. However, question marks remain over ongoing BSV price action due to an imminent removal of support for BSV on the Coinbase app. This could
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The U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, recently issued a cautionary advisory regarding crypto asset investments. As the deadline for the approval of a spot Bitcoin exchange-traded fund (ETF) approaches, Gensler emphasized the risks associated with investing in cryptocurrencies. He highlighted regulatory non-compliance, volatility, and potential fraudulent activities as key concerns. Non-Compliance
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Bloomberg analyst Eric Balchunas recently raised an interesting question about the potential effects of a spot Bitcoin ETF approval on the pricing structures of crypto exchanges. He suggested that the low fees offered by some prominent exchanges might be forced to be reconsidered. However, digital asset custody platform Custodia Bank’s Caitlin Long expressed concerns about
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