According to a Kyros Ventures report, 33.3% of Chinese investors hold a large number of stablecoins, ranking them second only to Vietnam’s 58.6%, indicating a higher level of risk appetite. Crypto enthusiasts in China are more willing to invest heavily in cryptocurrency than their counterparts in Vietnam, South Korea, Taiwan and Thailand. This is according...Continue Reading

21Shares’ “State of Crypto” report says global regulatory shifts and their implications for the industry have created “jurisdictional competition” among emerging crypto hubs. The crypto exchange-traded products (ETPs) service provider 21Shares released the eleventh version of its “State of Crypto” report on Jan. 28, which described the impact of forthcoming regulatory changes and their impact...Continue Reading

The cryptocurrency exchange submitted its license application on Jan 31. Bybit cryptocurrency exchange has applied for a Virtual Asset Trading Operator (VATP) license with the Hong Kong Securities and Exchange Commission (SFC). According to the SFC’s website, the exchange applied for the license on Jan. 31 through the business entity Spark Fintech Limited. The financial...Continue Reading

Ray Chan, the CEO of Memeland, explains why SocialFi may not be the best way to describe decentralized social media and how social apps are easier to onboard users than trading apps. On episode 46 of Cointelegraph’s Hashing It Out podcast, Ryan Chan, the CEO of Memeland — a Web3 venture studio created by 9Gag...Continue Reading

El Salvador is likely to keep its Bitcoin ambitions if President Nayib Bukele is reelected on Feb. 4. As El Salvador prepares for the general elections, vice president Felix Ulloa has expressed confidence that the country will keep its commitment to Bitcoin (BTC) if his party is reelected. Ulloa — who’s temporarily on leave to...Continue Reading

Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs. Bitcoin (BTC) is primed for a “surge” as it channels classic bull market signals from the past, the latest research says. In a post on X (formerly Twitter) on Jan. 30, popular social media commentator...Continue Reading

Despite aggressive selling by the Grayscale Bitcoin Trust ETF, the spot Bitcoin ETF ecosystem in the U.S. collectively added around 10,000 BTC in January. The Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) was aggressively selling Bitcoin (BTC) in January, but other ETFs bought significantly more BTC. According to public holdings data tracked by Cointelegraph, GBTC...Continue Reading

The proposal by Chairwoman Jessica Rosenworcel aims to prohibit robocall scams under the Telephone Consumer Protection Act (TCPA), a 1991 law regulating automated political and marketing calls made without the receivers’ consent. The Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel has made a proposal considering calls featuring AI-generated voices as illegal, subject to the regulations...Continue Reading

Core Scientific, which filed its Chapter 11 bankruptcy plan in June 2023, emerged from bankruptcy on Jan. 27 and relisted its stock on the Nasdaq. Core Scientific became North America’s largest publicly listed crypto mining company in 2023 after mining 19,274 Bitcoin worth $812 million. In an X post on Jan. 31, the Bitcoin (BTC)...Continue Reading

ARK Invest’s annual research report suggests that institutional portfolios aiming for maximized risk-adjusted returns should have allocated 19.4% to Bitcoin in 2023. A 2023 research report from ARK Invest highlights Bitcoin’s historical outperformance of major assets and suggests an institutional portfolio allocation as high as 19.4% to maximize risk-adjusted returns. The investment management firm published its...Continue Reading