Cryptocurrency exchange FTX has officially scrapped plans for a comeback, choosing liquidation over revival as founder Sam Bankman-Fried faces legal troubles.
Despite a 20% dip in BTC/USD, Bitcoin ETFs, led by GBTC, show resilience as on-chain data reveals continuous outflows from exchanges, signaling a potential shift towards net inflows and challenging bearish predictions.
The remarkable positive performance of altcoins in the past six days is fueling optimism for the crypto space.
As of January 29, 2024, Google's latest policy shift allows the worldwide promotion of Bitcoin ETFs, signaling a transformative moment in global advertising dynamics and opening new vistas of exposure for cryptocurrency enthusiasts and the general public alike.
As Mt. Gox prepares to reimburse 200,000 Bitcoins to creditors, concerns loom over potential market turbulence, with fears that the substantial influx could impact Bitcoin prices, creating a delicate balance between restitution for affected parties and the broader stability of the cryptocurrency market.
As Donald Trump firmly opposes the introduction of Central Bank Digital Currencies (CBDCs) in the U.S., his stance not only amplifies concerns within the Republican Party but also raises the specter of falling behind China in the global digital currency race.
As Bitcoin plunges below the $40,000 threshold, despite the introduction of spot ETFs and substantial inflows, investors grapple with the intricate interplay of market dynamics and the shifting landscape of cryptocurrency trends.
The Securities and Exchange Commission (SEC) has prolonged its decision-making period for Fidelity's proposed Ethereum exchange-traded fund (ETF) until March 5, allowing more time for evaluation and consideration of the industry-shaping proposal.
The European Union takes decisive steps to combat money laundering, requiring cryptocurrency firms to implement enhanced due diligence measures and introducing specific checks for cross-border transactions in the latest Anti-Money Laundering Regulation agreement.
Indian crypto exchanges, spurred by the Financial Intelligence Unit's crackdown on 10 foreign platforms, launch initiatives to assist users in smoothly transferring assets from banned exchanges, offering fee waivers and support in compliance efforts.