On Thursday, the cryptocurrency industry celebrated a significant legal triumph as the U.S. Securities and Exchange Commission (SEC) announced its decision to drop the investigation into stablecoin issuer Paxos and its Binance USD (BUSD) stablecoin without pursuing enforcement action. Paxos, a leading regulated blockchain and tokenization infrastructure platform, revealed in...

The cryptocurrency market has experienced another round of volatility, with Bitcoin’s (BTC) dominance showing a notable decline. This shift has sparked speculation that an altcoin season may be on the horizon. According to analysis from AMBCrypto, Bitcoin’s dominance has decreased from 55.10% on July 10 to 54.62%. This change is...

The cryptocurrency market is abuzz with news that the U.S. Securities and Exchange Commission (SEC) has released S-1 amendment filings, prompting companies to revise and resubmit their registration statements. According to information on the SEC’s official website, major firms including BlackRock, Fidelity, Grayscale, VanEck, 21Shares, Bitwise, and Franklin Templeton have...

In the ever-volatile crypto world, Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” is known for his unwavering belief in Bitcoin’s potential. Recently, Kiyosaki took to social media to share his insights and predictions about the market and Bitcoin’s future. In his latest forecast, he warned of what...

Recently, Bitcoin and the entire cryptocurrency market have experienced significant corrections, with Bitcoin dipping below $54,000 and altcoins facing substantial losses. Several factors have contributed to the market downturn, chief among them being the negative news surrounding the compensation of BTC by the bankrupt Japanese exchange Mt. Gox. Additionally, the...

After weeks of significant capital outflows from the cryptocurrency market, which raised concerns about investor confidence, the situation appears to be shifting. Over the past week, the market saw an inflow of $441 million, suggesting a potential recovery and renewed investor interest. James Butterfill, Head of Research at CoinShares, commented...

Bitcoin has dropped more than $7,800 in July alone, following its peak of just over $73,000 in mid-March. Despite this decline, some experts believe that the current market conditions could lead to a significant surge in Bitcoin prices in the coming months, driven by technological advancements, regulatory changes, and broader...

On July 5, Taiwan’s second-largest telecom operator, Taiwan Mobile, received approval from the Financial Supervisory Commission (FSC) to offer cryptocurrency services. The FSC announced the approval, revealing that the company has successfully registered as a Virtual Asset Service Provider (VASP). Taiwan Mobile: A New Player in the Virtual Asset Service...

In the past 24 hours, Solana’s price has experienced a significant 7.76% pullback, falling below the crucial long-term support level of $139.50. This movement indicates that Solana might be gearing up for further declines. This recent drop is part of a broader 10.78% decline since last Thursday, mirroring the retracement...

On Thursday during the Asian trading session, the cryptocurrency market saw a collective downturn, with Bitcoin briefly dipping below $58,000. Over the past 24 hours, Bitcoin long positions worth $54.9 million were liquidated. Other major cryptocurrencies and altcoins also experienced significant sell-offs. Ethereum dropped 4.5%, hitting a low of $3,145....