In a significant move to align with emerging European regulations, Crypto.com has announced the delisting of Tether’s USDT stablecoin, set for completion by January 31. This decision marks a pivotal shift in the exchange’s operations as it strengthens compliance with the European Union’s Markets in Crypto-Assets (MiCA) framework. Alongside USDT, Crypto.com plans to remove additional
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Arthur Hayes, a notable figure in the cryptocurrency space as the Chief Investment Officer at Maelstrom and co-founder of BitMEX, presents a nuanced analysis of Bitcoin’s trajectory in his latest essay titled “The Ugly.” Hayes argues that while the cryptocurrency market is rife with volatility, Bitcoin might experience a significant correction in the near future
The cryptocurrency market has shown incredible volatility, with one of its major players, Bitcoin (BTC), recently facing significant fluctuations in its price. After a turbulent start to the week characterized by notable losses, Bitcoin has rebounded and is now showing signs of potential upward movement. This article will delve into the key events that impacted
Bitcoin has recently made an energetic upward movement, breaking through the pivotal $100,000 threshold. However, the ascent has been met with staunch resistance around the $103,000 mark, making it a crucial point for traders and investors alike. Following the upward trend, Bitcoin encountered a temporary setback as it neared $102,500 but demonstrated resilience by not
The Ethereum market has recently experienced significant fluctuations, with prices dropping below critical levels. After reaching a peak around $3,220, Ethereum (ETH) found itself unable to maintain this momentum and has since faced considerable selling pressure. Currently, ETH is trading below the $3,200 mark and is grappling with resistance that has surfaced at various points,
Caroline Pham, the Acting Chairman of the Commodity Futures Trading Commission (CFTC), has introduced a groundbreaking initiative aimed at fortifying the regulatory landscape of financial markets. This initiative comprises a series of public roundtables that seek to explore the challenges and opportunities posed by emerging trends in market structure, particularly in the realm of digital
The recent approval of Coinbase to launch its platform in Argentina marks a significant milestone in the nation’s burgeoning relationship with cryptocurrency. As a newly registered Virtual Asset Service Provider (VASP) under Argentina’s National Securities Commission (CNV), Coinbase’s entry into this market not only signifies the company’s expansion aspirations but also speaks volumes about the
In the fast-paced world of cryptocurrency, few assets generate as much intrigue as Bitcoin. Recent price fluctuations within a short span of 24 hours showcase the cryptocurrency’s notable volatility, oscillating between significant price points of $98,380 and $103,369. Such dramatic swings prompt traders and investors alike to delve deeper into market analysis to uncover potential
On January 27, 2024, KuCoin, a prominent cryptocurrency exchange founded in 2017, reached a significant settlement with the U.S. Department of Justice (DOJ) by pleading guilty to operating an unlicensed money-transmitting business. This plea underscores a pivotal moment not only for KuCoin but also for the broader cryptocurrency landscape, especially relating to compliance and regulatory
Ethereum has recently encountered challenges in maintaining upward momentum, particularly struggling to hold above the $3,350 threshold. The asset has experienced a notable decline, dipping below key support levels and triggering a correction phase that has many traders and investors on alert. At present, Ethereum’s pricing is generating significant interest as it attempts to recover