BTC/USD Chart / Source: CoinDeskBitcoin prices rallied recently, breaking through the $28,000 as the cryptocurrency experienced some notable gains. The world’s most prominent digital currency climbed to an intraday high of nearly $28,600 around 6 p.m. EST yesterday, according to CoinDesk data. Following this upward movement, bitcoin pulled back, trading below $28,300…

California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025. On Friday, October 14, Newsom declared that the bill, titled the Digital Financial Assets Law, will make…

South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings.The incident took place in the affluent Gangnam District in Seoul in March this year.The woman is believed to have worked at a crypto-related…

Launchpad XYZ is set to introduce a platform designed to uncomplicate the intricate field of Web 3.0 investments. The dashboard it provides will feature comprehensive analytics and insightful data on crypto and NFTs, curated to suit both novice and experienced investors.The proprietary LPX token unlocks exclusive features and rewards when…

Binance will temporarily shut its doors to new customers in the UK. This follows a restriction on the exchange’s operating partner in the UK by the Financial Conduct Authority (FCA). According to an announcement by the exchange on October 16, 2023, crypto traders and investors who have not registered with the…

Today, Bitcoin’s price experienced a swift rise from $27,900 to $30,000 following a false announcement regarding BlackRock’s Bitcoin spot ETF approval. The misleading information, originally shared on social platform X, led to a flurry of trading activity resulting in about $100 million in trading liquidations within just one hour.Misleading Information’s Immediate…

Recent price action in Bitcoin showcases the asset’s volatility and susceptibility to market rumors. Earlier on Monday, Bitcoin surged from just under $28,000 to $30,000 in a matter of minutes. This rapid climb was attributed to unconfirmed whispers on social media platforms that the US SEC had greenlit BlackRock’s iShares spot…

Crypto projects and investors are turning to Asia in search of growth opportunities amid increasing regulatory scrutiny in the United States.Over the past year, there has been a notable increase in the expansion of U.S.-based crypto projects into the Asia-Pacific (APAC) region, driven by favorable policies and the growing adoption of cryptocurrencies, Kevin Goldstein,…

Monday, October 16th, 2023 – After the US Securities and Exchange Commission (SEC) declined to request an appeals court reconsideration of the Grayscale Bitcoin ETF, the Bitcoin price has exploded – triggering a scramble for Bitcoin alternatives such as Bitcoin Minetrix ($BTCMTX).Allured by the prospect of this new tokenized Bitcoin…

The largest stablecoin issuer, Tether, has announced the freezing of 32 addresses associated with criminal funds related to incidents in Israel and Ukraine, amounting to $870,000.On October 16, Tether stated that they had been working with the Israeli crime control authority, NBCTF, to counter cryptocurrency-funded terrorism and warfare. Tether says…