Introduction Tether, the leading stablecoin in terms of market capitalization, has witnessed a remarkable growth in its supply, with an increase of 5.5% in the past month. As a result, it has achieved a significant market valuation of $90 billion. Tether's Impressive Growth in 2023 Since the beginning of 2023, tether (USDT) has experienced substantial […]
Brazil to Discuss Digital Currencies as G20 President The government of Brazil, as the current president of the Group of the Twenty (G20), will focus on the topic of digital currencies and their potential benefits for financial transactions. Brazil aims to leverage its position to advance the digital agenda and evaluate how the twenty largest
Brazil to Discuss Digital Currency Usage for Financial Transactions in G20 Read More »
Introduction As bitcoin's price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin's Market Cap and Trading Volume Bitcoin (BTC) currently boasts a market cap of $856 billion, with
Bitcoin Market Analysis: Oscillators and Moving Averages Signal Complex Picture Read More »
Bitcoin Reaches Highest Level in 20 Months On December 5, 2023, the value of bitcoin surged to $44,490 per coin, marking its highest level in 20 months. This recent increase in value has not only benefitted bitcoin but also a multitude of other cryptocurrencies. However, despite significant percentage gains, these digital currencies have yet to
Bitcoin Hits 20-Month High, Other Cryptos Struggle to Reach Previous Peaks Read More »
A new bill has been introduced in the state of New Jersey that aims to classify all cryptocurrencies issued and sold directly to institutional investors as securities. While the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security, SEC Chairman Gary Gensler believes that all other crypto tokens should
Lawmaker Criticizes SEC's Approach to Crypto Industry A U.S. lawmaker has criticized the Securities and Exchange Commission (SEC) for its deliberate policy preference to provide less clarity to the crypto market. Congressman Tom Emmer accused the SEC of not adhering to the law and suggested that this was the reason behind the SEC's frequent losses
U.S. Lawmaker Slams SEC for Lack of Clarity in Crypto Market Regulation Read More »
Introduction BRN Metaverse, a groundbreaking project at the intersection of Artificial Intelligence, Metaverse and WEB3 Gaming, has recently announced a monumental token burn of 90%. This strategic move, communicated through the project's official channels, will result in a significant reduction in the total token supply, setting a historical precedent in the cryptocurrency space. Token Burning
Bitcoin Hits $44K Milestone, Outperforming Meta and Berkshire Hathaway On Tuesday, the price of bitcoin surpassed $44,000, reaching a peak of $44,011 per unit. Over the past month, the leading cryptocurrency has experienced a surge of more than 24%, with a 17% increase in the last two weeks alone. Bitcoin Breaks Through $44K Barrier, Reaching
Bitcoin Surpasses Meta and Berkshire Hathaway with $44,000 Market Capitalization Read More »
Insights into the Bitcoin Price Surge Yiannis Giokas, a senior director with Moody's Analytics, has shed light on the factors that have contributed to the recent surge in the price of Bitcoin. He specifically highlighted the anticipated approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a
Spot Bitcoin ETFs: The Driving Force Behind the Recent Price Surge Read More »
The Indian government has recently disclosed that there are currently 28 crypto service providers registered with the country's Financial Intelligence Unit (FIU). In addition, the Ministry of Finance has clarified that the anti-money laundering (AML) guidelines and reporting requirements also extend to offshore cryptocurrency exchanges that cater to the Indian market. Overview of the Ministry
The Indian Government Reveals 28 Registered Crypto Service Providers Read More »