The Indonesian government’s proposed handover of crypto asset regulation from Bappebti to OJK is being delayed. The transition, stipulated by the Financial Sector Law, was supposed to be made by January 12, 2025. Nonetheless, the process still faces stagnation because there is no accompanying government regulation to support it. According ... Read more
Banco Bilbao Vizcaya Argentaria (BBVA) Kripto- the cryptocurrency platform behind one of Spain’s largest financial institutions, is about to release its crypto-currency trading services to the mass public. This occurred after the company signed a strategic action with Bit2Me, one of the major players in the crypto space, to offer ... Read more
The embattled crypto lending platform Celsius Network has escalated its legal fight against FTX by notice of appeal after a judge rejected its claims for damages. This is while the company is dealing with a very complicated bankruptcy process and, simultaneously, trying to recover substantial sums of money from the ... Read more
Elon Musk has, once again, sparked a buzz in the cryptocurrency market by making a change to his X profile: changing his display name to “Kekius Maximus” and using the Pepe the Frog avatar, which brought excitement from the meme coin community. The change has generated a lot of attention, ... Read more
Ethereum’s recent price movement has captured the attention of traders and investors as it recovers from a significant correction, holding steady around the $3,000 level. The cooling-off period in the futures market has sparked renewed expectations for a potential bullish rebound. In this scenario, the key indicator to watch is ... Read more
The notorious hacker group Blockchain Bandit has come back to the cryptocurrency community with a new attack plan. At this address, on December 30, 2024, the group moved 51,000 Ether (ETH), which is approximately $172.2 million, into a single wallet. This is the first major activity of the group for ... Read more
El Salvador has taken one more vital step in its relentless commitment to Bitcoin (BTC). It is the sixth country to cross over 6,000 BTC. On December 29, the country’s Bitcoin reserves crossed 6000.77 BTC, valued at approximately $569.3 million, according to the National Bitcoin Office of El Salvador’s portfolio ... Read more
The altcoin market is standing at the doorstep of a major turnaround. Analysts foresee a euphoric rally once the total market capitalization breaks past a key level. Pseudonymous trader Daan Crypto Trades noted in a post on December 28 that the “mania” phase for altcoins would begin when the TOTAL3 ... Read more
The United States Internal Revenue Service (IRS) has released regulations forcing brokers to report digital asset transactions. This means extending reporting requirements to include decentralized exchanges and other front-end platforms. These regulations will come into effect in 2027 and greatly enhance transparency and compliance in the ever-changing digital asset landscape. ... Read more
The analytical service Cryptoquant has pointed to the growth of the Bitcoin Taker Buy Volume on the Binance exchange, which has exceeded $8.3 billion. This increase indicates that more people want to buy Bitcoin and it has attracted the interest of investors meaning that BTC may experience lot of price ... Read more
