Gemini has received in-principle approval for a Major Payment Institution license in Singapore.  Crypto exchange Gemini has received preliminary approval from Singapore’s central bank to offer some of its services in the country.  On Oct. 29, the Monetary Authority of Singapore (MAS) granted in-principle approval to Gemini for a Major Payment Institution (MPI) license, allowing...Continue Reading

Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years. Bhutan’s government has started moving its quietly accumulated Bitcoin holdings as the price soared above the key $70,000 level. The Bhutan government-labeled wallet transferred over $66 million worth...Continue Reading

Cosmos Network’s Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps. A Web3 security researcher earned a bounty reward of $150,000 by reading the Cosmos Network documentation and finding a critical bug that could halt the Evmos blockchain and all decentralized applications (DApps) built on it. Pseudonymous Spearbit security researcher...Continue Reading

BTC price gains are boosting bullish sentiment, but the latest Bitcoin market analysis calls for a balanced perspective. Bitcoin needs a stronger breakout to secure a “multi-month long uptrend,” according to one analyst. In his latest X content on Oct. 29, trader and ex-fund manager Aksel Kibar cautioned on overly bullish BTC price sentiment. Bitcoin...Continue Reading

Bitcoin may strengthen its status as a hedge against monetary debasement due to China’s plans for over $1.4 trillion in new debt, raising interest among traders. Bitcoin’s status as a hedge against monetary debasement could be bolstered by China’s growing national debt. China is considering the approval of a fresh wave of debt of over...Continue Reading

The reputation system targets retail investors in Europe and projects worldwide seeking regulatory clarity for crypto fundraising.  Crypto fundraising platform Legion has launched a new reputation system targeting retail investors and startups interested in initial coin offerings (ICOs) under European Union regulations.  According to Legion, the reputation system “simplifies things for teams” as it allows...Continue Reading

Bitcoin derivatives markets are setting up for a potential BTC rally above $80,000 before the end of 2024, fueled by excitement over a potential Trump victory. Bitcoin may surpass $80,000 by the end of 2024 as derivatives markets and holder profitability show significant bullish signals, according to a report from crypto exchange Bitfinex shared with...Continue Reading

Coinbase CEO Brian Armstrong said an apology is owed to Americans for the damage done to the crypto space by the SEC.  Coinbase CEO Brian Armstrong said the next chair of the United States Securities and Exchange Commission (SEC) should apologize to Americans for the damage the agency has done to the crypto space.  On...Continue Reading

The total volume of crypto transactions in Indonesia in September reached 33.7 trillion Indonesian rupiah, worth $2.1 billion.  A majority of crypto users in Indonesia are age 30 and below, according to September data released by the country’s commodities regulator. Data from the Commodity Futures Trading Regulatory Agency (Bappebti) and local crypto platforms in Indonesia...Continue Reading

If Bitcoin produces a clear move above $72,000, its price could be in the six-figure range by 2025, the latest market analysts suggests. Bitcoin (BTC) price is up 5% on Oct. 29, breaking through the $70,000 mark and leading traders to set ambitious targets for BTC moving forward. Data from Cointelegraph Markets Pro and TradingView...Continue Reading