Overview of the Article • US inflation data releases have had a positive impact on the cryptocurrency market, with Bitcoin (BTC) and Ethereum (ETH) both seeing an increase in their values. • The surge in BTC’s value was driven by the US regulators’ backing for Silicon Valley Bank and Signature Bank, which many investors viewed …
Bitcoin Surges Above $24K: US Regulators Give Banks Crypto Boost Read More »
• The Bank for International Settlements (BIS) has completed a pilot study of the use of central bank digital currencies (CBDCs) for cross-border payments. • Results showed that CBDCs can be used to complete international transfers in seconds, with almost full autonomy and reduced costs and risks. • The project was praised by central banks …
Project Icebreaker: CBDCs Enable Cross-Border Payments in Just Seconds Read More »
• Thomas Kralow is a financial markets expert, influencer, mentor and entrepreneur behind ‘University Grade Trading Education. • In this exclusive interview with cryptonews.com, he talks about what is affecting the price of bitcoin, BTC price predictions, and the current market outlook. • He provides insights on Bitcoin’s price movements in relation to external factors …
Summary • The Federal Reserve has indicated that more rate hikes are on the way, according to the minutes of the February 1st FOMC meeting. • This could be a major medium-term headwind for crypto. • Financial markets have responded by increasing their Fed tightening bets, with interest rates now seen peaking in the 5.25-5.5% …
Fed Signals More Rate Hikes Ahead: Here’s What That Means For Crypto Read More »
Positive News from Hong Kong • Hong Kong recently announced that it will be opening its doors to digital assets and investors, with plans to become a leading crypto hub in the region. • Buying, selling and trading of cryptocurrency will be legal for all Hong Kong citizens including mainland Chinese institutions. • The news …
Bitcoin and Ethereum Soar to New Heights: BTC Reaches $24K, ETH Follows Read More »
• Dubai’s virtual asset authority has prohibited the use of privacy coins such as Monero (XMR) and ZCash (ZEC). • The regulator sets licensing and authorization requirements for firms that want to operate in Dubai. • Companies that do not follow the new rulebook may be fined, per violation and depending on the offense, with …
Dubai Bans Privacy Coins, Sets Rules For Crypto Firms Read More »
• The US Securities and Exchange Commission (SEC) has denied Ark Investment Management and exchange-traded note (ETN) issuer 21Shares’ proposal to list a spot Bitcoin (BTC) exchange-traded fund (ETF) for the second time. • The SEC concluded that the Cboe BZX Exchange on which the ETF would be listed has failed to demonstrate that its …
SEC Denies Spot Bitcoin ETF Proposal, Citing Manipulation Concerns Read More »
• Calvaria’s native token, RIA, has raised more than $2.87 million in its presale, with only $200k left to raise before its presale ends. • The alpha version of the Calvaria: Duels of Eternity game is set to be released in the second quarter of 2023. • RIA will be listed on centralized exchanges soon, …
Invest in Calvaria Now: Presale Almost Over & Alpha Version of Game Coming Soon! Read More »
• The US Securities and Exchange Commission (SEC) has charged Gemini Trust Company, LLC and Genesis Global Capital, LLC with unregistered offering of securities. • The SEC’s complaint alleges that the Gemini Earn program constitutes an offer and sale of securities which should have been registered with the regulator. • The complaint seeks permanent injunctive …
SEC Charges Gemini and Genesis with Unregistered Crypto Securities Offering Read More »
• The CEO of a bogus South Korean crypto exchange, V Global, has been sentenced to 25 years in prison for $2.3 billion fraud. • The exchange had promised customers 300% returns on their initial stakes, but turned out to be bogus. • Other senior executives of V Global have been sentenced to between four …
V Global Exchange CEO Sentenced to 25 Years in $2.3 Billion Crypto Fraud Read More »