Dennis

Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

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Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

UK financial watchdog restricts Binance partner from issuing crypto ads The UK’s Financial Conduct Authority (FCA) has placed restrictions on peer-to-peer lending platform Rebuildingsociety, which partnered with cryptocurrency exchange Binance for compliance with the FCA’s marketing rules. The FCA stated that Rebuildingsociety was not authorised to approve the content of any financial promotion related to … Read more

Is It Time to Take Control of Your Digital Assets? Cryptocurrency Exchange Uncovers 159,000 Attempts by Hackers to Breach Security

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Is It Time to Take Control of Your Digital Assets? Cryptocurrency Exchange Uncovers 159,000 Attempts by Hackers to Breach Security

Time For Self-Custody? Crypto Exchange Reveals Hackers Tried To Gain Access 159,000 Times South Korean crypto exchange Upbit has experienced over 159,000 hacking attempts in the first half of 2023, a 117% increase from the same period in 2022. This represents a staggering 1,800% increase compared to the second half of 2020. Upbit suffered a … Read more

If This Occurs, Former BlackRock Manager Foresees $17.7 Trillion Inflow Into Bitcoin

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If This Occurs, Former BlackRock Manager Foresees .7 Trillion Inflow Into Bitcoin

Former BlackRock Manager Says Prepare For $17.7 Trillion Inflow Into Bitcoin If This Happens Former BlackRock manager Steven Schoenfield predicts that spot Bitcoin exchange-traded funds (ETFs) will be approved in the United States within the next three to six months, potentially resulting in an influx of up to $17.7 trillion from institutional investors. The approval … Read more

Report: CFTC Considering Enforcement Action Against Former Voyager Digital CEO

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Report: CFTC Considering Enforcement Action Against Former Voyager Digital CEO

CFTC weighs enforcement action against former Voyager Digital CEO: Report The United States Commodity Futures Trading Commission (CFTC) is reportedly considering taking enforcement action against Stephen Ehrlich, the former CEO of Voyager Digital, a crypto lending firm. The CFTC staff believes that Ehrlich violated U.S. derivatives regulations prior to Voyager’s bankruptcy filing. Ehrlich denies these … Read more

Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

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Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

Bitcoin experienced a sudden drop to $27,000 following the release of US employment data, which showed stronger-than-expected job growth. This was seen as negative for risk assets, including cryptocurrencies. However, Bitcoin quickly rebounded and the focus shifted back to the $27,700 level. The data raised the likelihood of a potential interest rate hike by the … Read more

3 Alleged Falsehoods Bankman-Fried Reportedly Stated Prior to Gaining Fame

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3 Alleged Falsehoods Bankman-Fried Reportedly Stated Prior to Gaining Fame

3 Alleged Lies Bankman-Fried Told Before He Was Famous Alameda Research, a quantitative cryptocurrency trading firm founded by Sam Bankman-Fried (SBF), experienced a decline in profits when the arbitrage opportunities it had been capitalizing on came to an end. Although Bankman-Fried portrayed this period as legendary, it is believed that the firm actually lost its … Read more

What Does It Signify as Crypto Investor Buying Power Hits a 6-Month Peak?

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What Does It Signify as Crypto Investor Buying Power Hits a 6-Month Peak?

Crypto Investor Buying Power Just Reached A 6-Month High, What This Means Investors in the cryptocurrency market are showing a growing interest in buying digital assets, as indicated by the accumulation of Tether’s stablecoin, USDT, on exchanges. The total amount of USDT held on exchanges has reached a six-month high, signaling a readiness to enter … Read more

9-Year DXY Formation Resurfaces: Crypto Prepares for an Explosive Onset

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9-Year DXY Formation Resurfaces: Crypto Prepares for an Explosive Onset

Crypto Is On The Brink Of Explosion As 9-Year DXY Formation Returns Crypto analyst TheCryptoMann has identified a bullish formation in the United States Dollar Index (DXY), which measures the value of the dollar against major currencies. In the past, a rise in the DXY has signaled a bull rally in the crypto market. The … Read more

The XRPL’s Capacity to Process Over 293 Million Daily Transactions Positions XRP as a Global Utility Asset

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The XRPL’s Capacity to Process Over 293 Million Daily Transactions Positions XRP as a Global Utility Asset

XRPL’s Capability To Handle 293+ Million Transactions Daily Can Make XRP A Global Utility Asset XRP enthusiasts are optimistic about the cryptocurrency’s growth potential, following Ripple’s partial win against the SEC. Popular XRP influencer Alex Cobb shared data about the XRP Ledger’s capabilities, highlighting its potential as a global payment facilitator. Cobb revealed that XRPL … Read more

BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

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BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

The crypto market, including bitcoin, has experienced a significant surge, driven by factors such as the endorsement of ether futures ETFs by the SEC and various government rulings. Bitcoin has surged by 15% over the past two weeks. Nonetheless, QCP Capital has expressed apprehensions about the longevity of this rally due to fluctuations in demand … Read more