In a decisive step towards enhancing its presence in the Asian cryptocurrency market, OSL Group Limited has recently announced the acquisition of a major stake in Japanese crypto exchange CoinBest K.K. Through its subsidiary, OSL Investment (Japan) Limited, the firm has procured an 81.38% share in CoinBest, a deal made public in a press release
Ethereum, with its unique position in the cryptocurrency market, is currently trading at a crucial support level around $2,450. This value comes after an unsettling 11% decline from recent peaks, making many analysts and investors uneasy. The importance of the $2,450 mark cannot be overstated, as it is considered a vital “last line of defense”
The world of cryptocurrency has been rife with volatility and competitive tension, particularly concerning the listing fees imposed by exchanges. Recently, a heated dispute surfaced between key figures in the crypto industry regarding the practices of one of the largest exchanges, Coinbase. This article dissects the claims made by Tron Network founder Justin Sun and
The cryptocurrency market has been shrouded in uncertainty, particularly concerning Bitcoin’s future trajectory. As speculations mount about a potential end to the Bitcoin bull market, insights from crypto analysts shed light on various outcomes that investors must consider. Among these, the cautionary analysis presented by Bob Loukas provides a unique and critical lens through which
In the rapid-paced world of cryptocurrency trading, security breaches can undermine trust and lead to significant financial losses. M2, a UAE-based cryptocurrency exchange, experienced a notable security incident on October 31, resulting in a staggering $13.7 million theft of digital assets. The event transpired at around 3:16 A.M., prompting immediate action from M2’s team. Despite
The cryptocurrency landscape is notoriously volatile and high-risk. As we delve into the incidents of hacking that plagued October 2024, it becomes evident that the integrity of this space hangs in a precarious balance. Cybersecurity concerns consistently loom large, with significant financial implications that reverberate throughout the entire market. Recent reports from PeckShieldAlert detail a
The asset management firm 21Shares has become the latest participant in the competitive race to establish spot exchange-traded funds (ETFs) focused on XRP. On November 1, the company submitted its S-1 registration form to the U.S. Securities and Exchange Commission (SEC), aiming to list its Core XRP Trust shares on the Cboe BZX Exchange. This
As the United States gears up for its presidential elections, slated for November 2024, the implications extend well beyond just political ideologies. The electorate faces a critical juncture: choose to maintain the existing administration or switch gears with Republican candidate Donald Trump. Given the significant influence the outcome will have on economic policies, millions of
In the ever-evolving world of cryptocurrencies, Bitcoin remains at the forefront, capturing the attention and interest of both seasoned investors and newcomers alike. October marked a significant milestone for Bitcoin, as the cryptocurrency recorded a notable price gain of 10%, closing the month with its second consecutive green candle. This anomaly has sparked renewed optimism
As Ethereum (ETH) languishes around the $2,500 mark following a notable 9% retreat from a peak of $2,820, the cryptocurrency market is rife with speculation. This recent downturn has ignited fresh interest among both investors and analysts, who are keenly eyeing the possibility of future price movements. Prominent market analyst Carl Runefelt has weighed in,
