The global cryptocurrency landscape witnessed a significant development as Binance, renowned as the world’s largest cryptocurrency exchange, achieved a highly anticipated milestone by obtaining a crypto license in Dubai. This achievement coincided with the resignation of Changpeng Zhao, popularly known as “CZ,” from his role as CEO of Binance. Richard Teng, the CEO of Binance,…

During a prominent event held in Dubai on April 19, He Yi, one of the co-founders of Binance, took the opportunity to delve into the legal predicament facing Changpeng Zhao, commonly known as CZ. Despite the impending sentencing awaiting CZ in the United States, He Yi conveyed an air of positivity and hope regarding the…

Pavel Durov, the mastermind behind the popular encrypted messaging platform Telegram, has articulated his belief in the necessity for heightened security measures in the realm of digital communication, drawing parallels with the innovation witnessed in the realm of cryptocurrency hardware wallets. In a recent interview with Tucker Carlson, Durov shed light on his concerns regarding…

In a significant turn of events, the South Korean won has emerged as the dominant fiat currency for cryptocurrency trading, surpassing the US dollar in trading volume during the first quarter of 2024. According to a recent research report published by Kaiko, a prominent cryptocurrency market data provider, the South Korean won accounted for an…

Senators Cynthia Lummis and Kirsten Gillibrand have teamed up to unveil a new legislative proposal designed to bring stablecoins under regulatory oversight within the United States. This collaborative effort underscores the growing recognition among policymakers of the need to establish clear guidelines and regulations for the burgeoning cryptocurrency market, particularly concerning stablecoins. At its core,…

In the latest development, crypto firms operating in Canada are poised to encounter heightened disclosure requirements, as outlined in the 2024 federal budget unveiled on Tuesday. The Canadian government has articulated its intention to institute the Crypto-Asset Reporting Framework (CARF), a regulatory framework designed to enhance transparency and accountability within the cryptocurrency sector. Notably, this…

The recent Bitcoin price predictions have become a focal point of discussion within the cryptocurrency community as the digital asset holds steady at $63,900, experiencing a modest uptick of 0.15%. This stability is particularly notable given the fluctuating market conditions prevalent in the cryptocurrency landscape. One significant factor influencing the current market sentiment is the…

Despite ongoing on-chain accumulation, recent data suggests a concerning trend regarding the demand for Bitcoin exchange-traded funds (ETFs) in the United States. Ki Young Ju, the founder of CryptoQuant, a leading on-chain analytics platform, has pointed out that this stagnation in demand has persisted for the past four weeks. What’s particularly noteworthy is that this…

The dramatic decline in Bored Ape NFT prices, plummeting by a staggering 90% from their peak of 120 ETH to a mere 10 ETH at present, reflects a seismic shift in the NFT market landscape. During the frenzied cryptocurrency bull run of 2021, the Bored Apes Yacht Club (BAYC) NFTs emerged as one of the…

In a letter dated April 12th, Senators Elizabeth Warren, representing Massachusetts, and Charles E. Grassley, from Iowa, both prominent figures within the United States Senate, have taken a bold stance. They are calling upon Rostin Benham, the Chair of the Commodity Futures Trading Commission (CFTC), to provide comprehensive disclosure regarding any prior engagements or connections…