Bitcoin is not in the mood for another breakout attempt, and even five-month lows in the U.S. dollar index can’t budge a flat BTC price. Bitcoin (BTC) failed to react to positive inflation cues on Dec. 22 as United States macro data boosted bets of an interest rate pivot. Data from Cointelegraph Markets Pro and...Continue Reading
Ripple CEO Brad Garlinghouse called SEC chair Gary Gensler a “political liability” whose actions destroyed the agency’s integrity. Crypto community members were quick to clap back at United States Securities and Exchange (SEC) chair Gary Gensler for his latest jab at the space’s compliance. On Dec. 22, Gensler shared a post on X (Twitter) that...Continue Reading
Unveil the threat of crypto malware and learn effective detection methods to safeguard your digital assets and transactions. The ever-evolving nature of cybersecurity threats necessitates constant vigilance against emerging threats. One such threat gaining traction is crypto malware. Recent statistics reveal a disturbing trend: Over 300 million crypto malware attacks were recorded in the first...Continue Reading
The U.S. SEC might not be comfortable with BlackRock’s “prime execution agent” change in its new spot Bitcoin ETF update, but analysts still expect approvals in early January. As applicants for spot Bitcoin (BTC) exchange-traded funds (ETF) rush to incorporate new cash-only requirements into their proposals in the last month of 2023, some analysts still...Continue Reading
The People’s Bank of China has addressed issues related to regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report. The People’s Bank of China (PBoC) has addressed issues related to the regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report. The Chinese central bank devoted a separate...Continue Reading
The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens. The General Administration of Press and Publication of China (GAPP) aims to restrict the scope of activities related to in-game tokens. On Dec. 22, the GAPP published a draft of its guidelines for the online...Continue Reading
Bitcoin, Ether and altcoins have just weeks to go until the market flips fully bearish, Il Capo of Crypto insists. Bitcoin (BTC), Ether (ETH) and other crypto tokens are still in line for “new lows,” says the trader who has held a $12,000 BTC price target throughout the year. In his latest post on X...Continue Reading
Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions. Hong Kong is getting ready to welcome spot crypto ETFs, as its financial regulator announced on Dec. 22 that it is prepared to receive their applications. In a collaborative announcement today, the Securities...Continue Reading
Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue. While 2023 put crypto in a tough spot, analysts remain optimistic that the industry will continue to grow, with some predicting that the number of users will reach nearly one billion in 2024. ...Continue Reading
A rising wedge pattern is developing on Ether’s daily chart versus Bitcoin, increasing the likelihood of a breakout move by New Year’s. Ethereum’s native token, Ether (ETH), is well-positioned for gains versus Bitcoin (BTC) in the coming weeks, based on favorable ETH/BTC technicals and bullish divergences. One of the main reasons behind a potential ETH/BTC...Continue Reading
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