Bitcoin will replace Ethereum as the foundation for NFTs and meme coins in 2024 | CoinDesk JAPAN
When people hear the term “smart contract,†many people probably think of DAOs (decentralized autonomous organizations), DEXs (decentralized exchanges), and NFTs, which are mainly based on the Ethereum blockchain. However, that situation is about to change. In 2024, Bitcoin will…
Bitcoin ETF approval could be “selling on the newsâ€: CryptoQuant | CoinDesk JAPAN
Bitcoin (BTC) will fall to $32,000 next month (January 2024) following the anticipated approval of a physical ETF, data provider CryptoQuant predicts. Regarding the ETF approval, which is said to be a “sell on the news†event, CryptoQuant told CoinDesk…
SEC Scored, Kwon Floored: Judge Rules Terraform Must Answer For Alleged Crypto Scam In Court
In a court ruling on Thursday, Dec. 28, a U.S. federal judge sided with the Securities and Exchange Commission (SEC) against Terraform Labs and its founder Do Kwon regarding the offering and sale of unregistered securities. The decision was handed…
Number of Binance users to increase by 30% in 2023 ─ Huge fine, Zhao’s resignation shows strength | CoinDesk JAPAN
The number of users at crypto exchange Binance will increase by 30% in 2023, CEO Richard Teng said on December 28. In November, the company paid a huge fine and reached a settlement with US regulators, which led to the…
Indian authorities request access to 9 exchanges including Binance to be blocked for violating anti-money laundering laws
Binance and others request URL blocking On the 28th, the Financial Intelligence Bureau under the Indian Ministry of Finance asked the Ministry of Electronics and Information Technology to cut off access (block the URLs) to nine overseas crypto asset (virtual…
SEC Clamps Down On ‘Self-Styled Entrepreneur’ For Using $364K Crypto Investor Funds For Personal Expenses
Entrepreneur Diana Mae Fernandez is facing charges from the Securities and Exchange Commission (SEC) for allegedly defrauding investors through promises of substantial returns from crypto investments while misappropriating the funds for personal use. What Happened: The SEC alleged that Fernandez…
U.S. District Court upholds SEC in lawsuit against Terraform Labs
“UST is an unregistered security†Judge Jed Rakoff of the U.S. District Court for the Southern District of New York announced on the 28th that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs, alleging…
Bitfinex Analysts Project a $3.2 Trillion Crypto Market Cap – Insights for 2024
The post Bitfinex Analysts Project a $3.2 Trillion Crypto Market Cap – Insights for 2024 appeared first on Coinpedia Fintech News While Bitcoin and the broader crypto market face regulatory challenges and reputation hurdles in 2023, Bitfinex, a prominent cryptocurrency…
This Could be Why Bitcoin (BTC) Price is Chopping around $42,500Â
The post This Could be Why Bitcoin (BTC) Price is Chopping around $42,500Â appeared first on Coinpedia Fintech News The Bitcoin price has maintained a steep ascending trend since the start of the last quarter. Despite the volume remaining at…
Bitcoin Miners’ Two-Month Selling Streak Poses No Alarm Before ETF Decision! Here’s What To Expect
The post Bitcoin Miners’ Two-Month Selling Streak Poses No Alarm Before ETF Decision! Here’s What To Expect appeared first on Coinpedia Fintech News As Bitcoin struggles to break the $44,000 threshold, miners are showing signs of impatience, leading to a…