Cryptocoins News / Finance Magnates - 4 months ago
Robinhood is expanding its services to the Asian market, now setting its sights on Singapore as a base for its activities in the region. The trading platform plans to introduce crypto products in the country once it finalizes its $200 million acquisi...
Cryptocoins News / Finance Magnates - 4 months ago
MARA Holdings, a publicly listed Bitcoin mining company on Wall Street, has finalized its acquisition of a wind farm located in Hansford County, Texas. The facility has an interconnection capacity of 240 megawatts and a nameplate wind capacity of 114...
Cryptocoins News / Finance Magnates - 4 months ago
FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group includes creditors with claims of $50,000 or less.These individuals will receive full repayment along with 9% annual interest accrued sinc...
Cryptocoins News / Finance Magnates - 4 months ago
While the broader cryptocurrency market struggles, Cardano’s ADA is among the top-performing altcoins. At the time of this publication, Cardano’s ADA traded for 0.8035, representing a 3% and 14% decline in the past day and week, respectively. On the...
Cryptocoins News / Finance Magnates - 4 months ago
Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale.Co-founder Yi He also addressed the rumors. She claimed they were part of a PR strategy by a competitor and suggested that Binance would r...
Cryptocoins News / Finance Magnates - 4 months ago
Although Ethereum’s price has been steadily declining, it is attempting a recovery but faces a possible pullback at key price resistance levels. The market is now closely watching whether ETH can surge past $3,036 or if a further downside is inevitab...
Cryptocoins News / Finance Magnates - 4 months ago
The European Securities and Markets Authority (ESMA) has unveiled comprehensive guidelines requiring crypto-asset service providers to ensure their staff meet stringent knowledge and competency standards. This marks a significant step toward professi...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency scams are on track to reach an unprecedented $12.4 billion in 2024, with artificial intelligence and sophisticated investment schemes driving the surge, according to new data from blockchain analytics firm Chainalysis.Crypto Investment...
Cryptocoins News / Finance Magnates - 4 months ago
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced today (Monday) that it has taken action against 13 remittance and digital currency exchange providers while investigating more than 50 other such firms.Reporting Failure Leads...
Cryptocoins News / Finance Magnates - 4 months ago
Phoenix Group, the first UAE-listed cryptocurrency mining company, reported mixed financial results for 2024, with strong mining revenue growth contrasting against an overall decline in total revenue and profitability.UAE Bitcoin Miner Sees Mixed Res...
Cryptocoins News / Finance Magnates - 4 months ago
Juventus FC, one of Italy's most iconic football clubs, found an unexpected backer in the cryptocurrency space. Tether, the issuer of the $140 billion stablecoin USDT, has acquired a minority stake in the club, signaling a broader expansion into spo...
Cryptocoins News / Finance Magnates - 4 months ago
Bybit, one of the renowned cryptocurrency exchanges, was removed from the regulatory blacklist of France’s Autorité des Marchés Financiers (AMF). “After more than 2 years of working with the French regulator through multiple remediation efforts, BYBI...
Cryptocoins News / Finance Magnates - 4 months ago
Dogecoin's price movements have been anything but stable, yet there is optimism the meme coin is primed for a major rally. Recent predictions place DOGE's next peak anywhere between $2.20 and $4, with influential traders highlighting the current rang...
Cryptocoins News / Finance Magnates - 4 months ago
Dubai’s Virtual Assets Regulatory Authority (VARA) recently issued a consumer alert addressing the risks associated with advertisements promoting subscriptions to memecoins. This alert follows the recent partnership between the UAE Ministry of Energy...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Bitget has received regulatory approval to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. The license permits the company to offer trading, custody, and other digital asset services as it prepares for broader...
Cryptocoins News / Finance Magnates - 4 months ago
A federal judge yesterday (Thursday) ordered a hold on the Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange giant Binance for 60 days. The order followed a joint request by both parties.Relying on the Crypto Task ForceIn the...
Cryptocoins News / Finance Magnates - 4 months ago
The crypto bull market of late 2024 propelled Coinbase to a strong fourth quarter, with revenue reaching $2.27 billion. The company also experienced a solid growth in transaction volumes, boosted in part by renewed optimism in the regulatory landscap...
Cryptocoins News / Finance Magnates - 4 months ago
Two Estonian nationals pleaded guilty to running a large-scale cryptocurrency Ponzi scheme. The scheme defrauded hundreds of thousands of people worldwide, including in the United States. The defendants agreed to forfeit more than $400 million in ass...
Cryptocoins News / Finance Magnates - 4 months ago
Binance Coin (BNB) has surged 13% in the past 24 hours, reaching $721 today (Thursday). This strong rally has outpaced the broader crypto market, driven by increasing demand for BNB in memecoin trading and Binance Chain’s latest developments. With Bi...
Cryptocoins News / Finance Magnates - 4 months ago
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, saw a notable increase on Wednesday as it attempted to rebound from multi-month lows. The price movement followed reports that CBOE and 21Shares plan to introduce staking opt...
Cryptocoins News / Finance Magnates - 4 months ago
Coinbase is in discussions with Indian regulators as it considers reentering the market after halting operations in 2023. The US-based cryptocurrency exchange has engaged with India’s Financial Intelligence Unit (FIU) to explore regulatory compliance...
Cryptocoins News / Finance Magnates - 4 months ago
Riot Platforms, a publicly listed Bitcoin miner from Wall Street (NASDAQ: RIOT), is strengthening its leadership team and accelerating its push into artificial intelligence computing. It has appointed three new board members with extensive data cente...
Cryptocoins News / Finance Magnates - 4 months ago
A hotter-than-expected U.S. inflation report shocked the financial markets today (Wednesday), triggering sharp declines across cryptocurrencies and equities. Bitcoin tumbled below $95,000 following the release of January’s Consumer Price Index (CPI)...
Cryptocoins News / Finance Magnates - 4 months ago
Bitpanda has received approval from the UK’s Financial Conduct Authority (FCA) to expand its cryptocurrency services in the country. The approval allows the Austria-based platform to offer its full range of digital asset products to UK investors.This...
Cryptocoins News / Finance Magnates - 4 months ago
President Donald Trump's cryptocurrency venture, World Liberty Financial (WLFI), announced a major strategic initiative called "Macro Strategy" to establish a token reserve, marking a significant expansion in the digital asset space during his second...
