Binance, a cryptocurrency exchange, is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution. The new product, called “Send Cash”, allows users from nine countries to transfer crypto funds directly to bank accounts. The countries include Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama, and […]
Bitcoin Cash (BCH) is currently trading at $196.18, with a market cap of $3.7 billion and a circulating supply of 19.4 million. According to the daily chart, the Bitcoin Cash price may continue to face the upside and this could make the coin hit the nearest resistance level of $205. However, it is likely for […]
API3 is a cryptocurrency that is currently trading at $1.09, with a market cap of $93.8 million and a circulating supply of 86.4 million. It is currently ranked #184 on CoinmarkAPI3ap. The API3 price prediction shows that the coin is beginning to restart the uptrend after trading below the 9-day and 21-day moving averages.The API3/USD […]
The United States Securities and Exchange Commission (SEC) is facing its first deadlines to decide on seven new Bitcoin exchange-traded fund (ETF) applications. The latest deadline is September 4th. Investment firm Bitwise will learn if its ETF will win the SEC’s approval on September 1st, while BlackRock, VanEck, Fidelity, Invesco and Wisdomtree will all be […]
On August 29, Ethereum prices surged, and a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, the issuer of several trusts, including the Bitcoin Trust, versus […]
SEBA Bank, a Swiss bank with a crypto-friendly arm in Hong Kong, has been granted in-principle approval from the Hong Kong Securities and Futures Commission (SFC) to deal in virtual assets. This license will allow SEBA Hong Kong to offer services such as over-the-counter derivatives, asset management for discretionary accounts in virtual assets, and advice […]
Bitcoin’s recent sell-off has caused a shift in focus to on-chain metrics, with one indicator pointing to a potentially volatile September. The realized loss momentum, a tool developed by Glassnode, is designed to detect significant market turning points. This metric, based on the activity of short-term holders, could be used to predict Bitcoin’s next move.The […]
X, the popular social media platform, has been granted a currency transmitter license by Rhode Island regulators, marking a step forward for the company’s foray into the financial services sector. This license is legally required for companies conducting financial activities related to sending and receiving money, including both fiat and crypto assets.The approval will allow […]
The US Securities and Exchange Commission (SEC) recently initiated legal proceedings against media and entertainment company Impact Theory, resulting in a cease-and-desist order and a financial penalty of over $6.1 million. Two prominent commissioners at the SEC, Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFTs).The […]
Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that Ethereum (ETH) will win the “upcoming stablecoin wars”. He states that Ethereum and its broader ecosystem, including layer-2 projects like Optimism (OP), Base and Arbitrum (ARB), leads all other alternative networks across most network-adoption metrics. However, Coutts notes that transferring the top stablecoin by […]
