The Chinese government has recently ramped up its efforts to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading. In a joint statement issued by the Supreme People’s Procuratorate and the State Administration of Foreign Exchange (SAFE) on December 28, authorities called for prosecutors and forex regulators to strengthen supervision in order to
After temporarily scaling back in India, Worldcoin has recently launched its services in Singapore, marking a new chapter for the project. The latest announcement reveals that individuals in Singapore can now verify their “unique humanness” at an Orb. This move comes after the release of World ID 2.0 and the open-sourcing of the Worldcoin iris
A YouTube analyst, known as Crypto Capital Venture, suggests that Cardano (ADA) may be on the verge of a breakout from a multi-week symmetrical triangle pattern. In a detailed analysis of the ADA charts on December 28, the analyst observed the formation of this pattern over the past few weeks. The breaking of Cardano’s upper
In a surprising turn of events, a wallet connected to former U.S. President Donald Trump has been making headlines in the crypto world. According to Arkham Intelligence, an on-chain firm, this wallet has transferred over $2.4 million worth of ether (ETH) to the popular crypto exchange Coinbase. This revelation comes after Arkham Intelligence previously identified
The rapid advancement of artificial intelligence (AI) has had a profound impact on various industries worldwide, revolutionizing processes and enhancing efficiency across sectors such as manufacturing and medicine. Now, the transformative power of AI is extending its reach to the world of cryptocurrency trading and investing. Among the platforms making significant strides in this space
In a surprising move, ARK Invest, the institutional asset management firm led by Cathie Wood, has liquidated all of its remaining holdings in the Grayscale Bitcoin Trust (GBTC), amounting to a total of $200 million. This decision comes at a critical time as the Securities and Exchange Commission (SEC) is expected to make a decision
The co-founder of Ethereum, Vitalik Buterin, has recently put forward a proposal to reduce the strain on the Ethereum blockchain and streamline its proof-of-stake (PoS) consensus. This article will critically analyze Buterin’s proposal and its potential impact on the Ethereum network and its users. One of the main motivations behind Buterin’s proposal is Ethereum’s pursuit
Bitcoin SV (BSV) has experienced a remarkable surge in price recently, benefiting greatly from the bullish sentiment in the cryptocurrency market. With BSV skyrocketing by 53.74% yesterday and an additional 19.03% today, investors are now questioning whether this upward trajectory can be sustained. Analyzing the key technical indicators, it becomes evident that while BSV remains
In recent news, the XRP Ledger (XRPL) has experienced a significant increase in daily transactions, reaching a new record of approximately 4.11 million transactions in a single day. This surpasses the previous record set in November 2021, indicating a surge in user activity and interest in the platform. Accompanying the surge in transactions is a
Binance Coin (BNB) has been through a rollercoaster ride this year, facing challenges such as market volatility and the SEC lawsuit against Binance and its founder Changpeng Zhao (CZ). However, despite these hurdles, BNB has shown remarkable recovery and promising prospects. In this article, we will analyze the recent price movements of BNB and explore
In today’s world, artificial intelligence (AI) has permeated almost every aspect of our lives. From autonomous vehicles to personalized medicine, AI has become an undeniable force of innovation. Now, the finance industry is experiencing the impact of AI as it infiltrates cryptocurrency trading. Launchpad XYZ, a groundbreaking project, is gaining significant traction among seasoned crypto
China’s Supreme Procuratorate has taken a significant step in combatting illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. This move highlights China’s commitment to crack down on illicit activities within the cryptocurrency industry, particularly in the realm of unauthorized foreign exchange
In a recent YouTube video, the crypto analyst behind the LuckSide Crypto channel made a bold prediction regarding the future price movement of Cardano (ADA). By conducting a thorough technical analysis, the analyst believes that ADA is on the verge of a decisive bullish or bearish move in the next few days. This prediction is
Tether, the company behind the popular stablecoin USDT, has recently achieved a significant milestone with its market value reaching $91 billion. This achievement highlights Tether’s growing influence and success in the volatile digital currency market. The company’s commitment to stability and resilience has been evident as it has added approximately $4 billion in excess reserves
The South Korean government is taking a significant step towards greater transparency and accountability by implementing a unified public official asset disclosure service. In an announcement made by the Ministry of Personnel Management, it was revealed that starting from January 1, 2024, all asset disclosure information for public officials will be accessible through a centralized
The cryptocurrency community has been captivated by the recent surge in value of PancakeSwap. The platform’s native token, CAKE, has experienced an extraordinary 54% increase in just the past seven days. With a market capitalization of nearly $900 million and a fully diluted valuation of $1.3 billion, PancakeSwap has firmly established itself as a major
In the dynamic and ever-evolving world of cryptocurrency, YPredict (YPRED) has emerged as a rising star. This innovative platform has been making waves in the crypto community, with its successful presale phase capturing the attention of investors. So far, YPredict has raised over $5.8 million in its presale, inching closer to its hard cap of
In a shocking turn of events, BONK token has experienced a calamitous fall-from-grace, with its price plummeting by a staggering 20%. This dramatic loss of 20DMA support has raised concerns among investors and traders, leading them to question whether BONK is on the verge of extinction. This concerning development follows the token’s incredible surge of
The future of Ethereum (ETH) appears to be bright, despite concerns surrounding network congestion and high gas fees. According to borovik.eth, a partner at Rollbit, Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous Layer-2 solutions are the key factors driving the positive outlook. While other layer-1 coins like
Ethereum price is currently undergoing a correction after facing resistance at the $2,320 level. As a result, ETH is moving lower and there is a possibility that it might test the key support level at $2,050 before the bulls regain control. The price of Ethereum has fallen below the crucial support zone of $2,250 and
In a groundbreaking move that aims to revolutionize player authentication within the gaming industry, Mojang, the creators of the beloved sandbox game Minecraft, have announced their partnership with Worldcoin and Microsoft. This collaboration introduces the use of World ID, a unique digital proof-of-humanity passport, as a secure and reliable method to authenticate players’ identities. The
Chainers is not your average online game. It is an innovative, browser-based, play-to-earn Massive Multiplayer Online (MMO) game that operates on Solana’s blockchain. This groundbreaking platform offers players a unique way to monetize their gaming achievements and opens up a whole new world of possibilities. At the heart of Chainers is the concept of Non-Fungible
Cryptocurrency analysts have been closely monitoring the price movement of Cardano (ADA) in recent weeks. In a video published on the More Crypto Online YouTube channel, an analyst highlighted that ADA is currently trapped in a trading range and may continue to move sideways in the short term. This article aims to explore the potential
The Sandbox (SAND) has experienced substantial growth in December, with its price surging over 50% within the month. Starting at a price of $0.410807, SAND’s current value has reached $0.634422. This represents a significant growth of 54.4%. Furthermore, SAND has seen a 9.6% increase in the last 24 hours, appreciating 25.9% in a week, 22.5%
In a rapidly evolving digital landscape, where cryptocurrency, blockchain, web3, and NFTs are revolutionizing industries, it is crucial for projects to have strong visibility and effective communication strategies. Visionary Financial, a pioneering agency in crypto PR distribution, is excited to announce its ambitious expansion plans for 2023 and beyond. Through strategic partnerships and a comprehensive
Bitcoin experienced a significant drop in value over the past 24 hours, falling below the $43,000 threshold. Despite trading above $43,000 during the Christmas holidays, the cryptocurrency couldn’t maintain its momentum. The bears exerted pressure on the market, causing Bitcoin to slip further down to $42,600. Although it quickly recovered and approached $44,000 once again,
In the midst of a broader cryptocurrency market downturn, NEAR Protocol (NEAR) stands out as a notable exception. While many cryptocurrencies have experienced a decline in value, NEAR has shown remarkable resilience and consistent upward momentum. Since mid-December, NEAR has been able to weather the storm and continue to thrive, defying the prevailing market conditions.