Crypto

Bankrupt crypto exchange FTX announced on Dec. 19 that it has entered into a settlement with its Bahamas-based subsidiary, FTX Digital Markets, according to a press release. The move comes in response to the challenges that emerged following the FTX group’s collapse in November of the previous year. The proposed settlement is still subject to […]

Cryptocurrency payment network Ripple has successfully secured a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI). The development comes over a year after Ripple established an office in Dublin and applied for the license to expand into Europe.  In 2021, CBI initiated the registration process for the VASP license. The […]

Shiba Inu, the canine-themed memecoin, eyes a new frontier: the “.shib” domain. It’s tailored to work seamlessly with mainstream internet tools, unlike “.crypto” and “.eth.” Aiming for user-friendly integration, it stands apart in the domain space. In collaboration with D3, an internet domain specialist, Shiba Inu’s team has formally applied for approval of the “.shib” […]

Revolut, one of the most innovative digital banks, will temporarily suspend cryptocurrency purchases on its business platform in the UK at the start of the new year, according to a media report on December 18. An email notifying customers of this decision specifically addressed purchasing, implying selling crypto and holding it could go uninterrupted. Revolut […]

Prominent cryptocurrency investors and firms intend to support pro-innovation and pro-crypto political candidates during the 2024 US election cycle. The crypto community is seeking to elect a pro-crypto president who will help bring regulatory clarity and prevent frivolous SEC complaints. Crypto and blockchain leaders have contributed $78M to support the Fairshake political action committee (PAC). […]

Ripple chief legal officer Stuart Alderoty has provided insights into what the crypto sector might look like in the next year. He discussed predictions regarding Ripple’s lawsuit against the United States Securities and Exchange Commission (SEC), the court’s impact on cryptocurrency laws, and possible legislative challenges in the US Congress. #2024Predictions — It’s that time […]

Grayscale is actively seeking the green light from the U.S. Securities and Exchange Commission (SEC) to convert Bitcoin Trust (GBTC) into a spot Bitcoin ETF. As anticipation grows for SEC approval of spot Bitcoin ETF filings, Grayscale aims to dispel the confusion surrounding the tax implications for GBTC shareholders. In a recent twist, a Bloomberg […]

Bitcoin has staged a strong recovery over the past few days from a significant retracement and has already broken through several key areas of resistance. With the end of 2023 ahead, the crypto space is cluttered with predictions over Bitcoin’s performance in 2024. Ryan Rasmussen, a research analyst working for Bitwise, has gathered next year’s […]

Bitcoin enthusiasts brace themselves as Reflexivity Research co-founder Will Clemente predicts an impending correction in the cryptocurrency’s price. Clemente suggests a sharp downturn is on the horizon, aimed at shedding the market of overly leveraged and “greedy” investors. This price action recently has been awesome, but friendly reminder that there will be sharp corrections along […]