In a recent announcement, it was revealed that Tokocrypto, a subsidiary of Binance, has achieved a significant milestone by securing a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This development is a testament to Tokocrypto’s dedication to regulatory compliance and positions the exchange as the third in Indonesia
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Over the past two weeks, the cryptocurrency market has witnessed an 11% correction in bitcoin’s price, leading to extremely volatile trading conditions. Despite a brief rebound to $58,000, bitcoin still has a long way to go before reaching its all-time high levels. According to on-chain data from Santiment, wallets holding less than 1 BTC have
Nubank, a prominent fintech bank, made headlines with the recent announcement of suspending trading for its own cryptocurrency, Nucoin. The cryptocurrency, which was introduced as part of a reward program on the Polygon blockchain, will no longer be available for buying or selling within the bank’s app. Instead, it will function solely as an asset
As seen in the past, Cardano faced a significant 57% drop when the Federal Reserve initiated rate cuts back in 2019. This sudden downturn in the cryptocurrency market was triggered by the cut in interest rates and was further exacerbated by the uncertainties surrounding the link between rate cuts and crypto declines. The correlation between
In a groundbreaking move, the Law Commission of the United Kingdom (UK) Parliament presented the Property (Digital Assets, etc.) Bill to acknowledge digital holdings as legally binding assets. This legislation aims to categorize cryptocurrencies, non-fungible tokens (NFTs), and carbon credits under British property law for the first time in history, setting a new precedent in
The cryptocurrency market has been on a rollercoaster ride lately, with Ethereum (ETH) being one of the assets that has experienced significant fluctuations. After a sharp decline that saw ETH’s price drop to $2,154, there are now signs of a possible recovery. In the past 24 hours, Ethereum has made modest gains and is inching
The price of Ethereum (ETH) has been trading sideways, much like Bitcoin (BTC), in recent times. This stagnant trend has led to speculations and predictions from various analysts, including the legendary crypto analyst, Benjamin Cowen. In his analysis, Cowen suggests a potential correlation between Ethereum’s price declines and the rising unemployment rates in the United
As Bitcoin remains stuck in a downtrend, there is a glimmer of hope in the form of fundamental analysis suggesting that it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is showing more promising dynamics than it did during the previous halving cycle. Despite facing challenges in crossing
After months of persistent price declines, Bitcoin has finally seen a resurgence in its market value. Recently, the cryptocurrency retested the $57,000 level, signaling a potential start of a long-awaited market bull run. This renewed momentum has sparked a positive price rally, driving Bitcoin’s price to new heights. Bitcoin’s price surged more than 4.8% on
The upcoming airdrop for the highly anticipated Rocky Rabbit Telegram game has sparked excitement in the crypto gaming community. Scheduled to take place on September 23, 2024, on The Open Network (TON), this event marks a significant milestone in the game’s development. The airdrop aims to reward loyal players who have actively engaged with the
