Coinbase’s UK arm, CB Payments Limited, got slapped with a hefty $4.5 million fine from the Financial Conduct Authority (FCA). Why? They broke a promise to keep high-risk customers off their platform. What Happened? Back in 2020, CBPL agreed to limit onboarding new customers the FCA considered “high-risk.” This was supposed to help prevent criminal…
A Rare Buy Signal Has Appeared A crypto analyst named Mikybull Crypto has spotted a rare buy signal for Bitcoin. This signal, called the “hash ribbon,” suggests that miners are finally done selling off their Bitcoin. This could be a big deal for the price of Bitcoin. What is the Hash Ribbon? The hash ribbon…
Get ready for a wave of crypto-based exchange-traded funds (ETFs)! That’s the prediction from Matt Hougan, the big boss at Bitwise, a company that manages digital assets. Ethereum ETF Launch a Big Success Hougan is super excited about the future of crypto ETFs, especially after the recent launch of the Bitwise Ethereum (ETH) ETF. He…
The altcoin market is having a tough time right now, and experts are trying to figure out why. Macroeconomic Headwinds One big reason is the overall economy. Interest rates are staying high, which is making investors cautious about risky investments like crypto. Crypto-Specific Issues There are also some problems specific to the crypto world: Supply…
Investment giant Franklin Templeton is keeping a close eye on the Bitcoin world. They’re excited about the recent growth of Bitcoin, especially after the approval of Bitcoin exchange-traded funds (ETFs) earlier this year. Here are five areas they’re particularly interested in: Bitcoin’s New Tricks Layer-2s: These are like shortcuts on the Bitcoin network, making transactions…
Crypto expert Kevin Svenson thinks Bitcoin is about to skyrocket. He’s telling his YouTube followers that Bitcoin’s recent price action has been super strong, with huge gains. He believes Bitcoin could jump 50% from its current price, putting it on track to hit $100,000. A Quick Rise to $100,000? Svenson says Bitcoin could reach that…
The crypto market is buzzing with talk of an altcoin season – a time when the prices of cryptocurrencies other than Bitcoin surge. While many predicted it would already be here, it hasn’t happened yet, even with Bitcoin hitting a new all-time high. But could it be just around the corner? Capo of Crypto Sees…
MonoSwap, a decentralized exchange platform, was hit by a major hack on July 23rd. The attack resulted in the theft of a significant amount of staked funds. How the Hack Happened The hack began when one of MonoSwap’s engineers accidentally installed a malicious program while joining a call with scammers posing as venture capitalists. This…
A popular indicator is flashing a buy signal, suggesting Bitcoin is ready for a big jump. The Hash Ribbons: A Bullish Sign The Hash Ribbons indicator, which tracks Bitcoin’s mining activity, is showing a strong buy signal. This is the first time this signal has appeared in 2024, and it’s a big deal! The indicator…
Ripple, the company behind the XRP cryptocurrency, has launched a new project called Filedgr. This project aims to make AI systems more reliable by ensuring that the data they use is accurate and trustworthy. How Filedgr Works Filedgr uses blockchain technology, specifically the XRP Ledger, to create a secure and transparent system for managing data….
