Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish […]
A renewed call from the Financial Action Task Force (FATF) has asked countries to implement the “travel rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies. On June 23, the United Nations body — whose role is to promote strategies to combat money laundering and terrorist financing […]
Ethereum strengthened its altcoin dominance as its market share moved slightly above 40% of the market capitalization. Decentralized applications on Ethereum play a huge role in the network’s dominance, with its TVL miles ahead of its competitors. Observers back Ethereum to maintain its huge lead despite the growth of other […]
During a speech at the Salzburg Global Seminar on bank regulation and supervision, Bowman called for attention from global regulators to the current supervision of novel banking activities, in particular banking as a service and digital assets. According to Bowman, financial institutions have been left in a “supervisory void” in […]
Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States. In his new position, Callaghan aims to steer crypto rule-making in the country and avoid making similar moves […]
Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence. According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to […]
Changpeng Zhao has argued that multiple reports of mass withdrawals from Binance are a misrepresentation in the light of new facts. On-chain analytics firms like Nansen and DefiLlama reported net outflows from the digital exchange giant post the SEC lawsuit. Binance’s BNB token plummeted 10% in the aftermath of recent […]
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Bitcoin hit its lowest levels since March during the midway point of May, and analysts are trying hard to figure out why. Bitcoin and Last Month Didn’t Go Well Together In many ways, the arena […]
The CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong’s embrace of Web3 regulation following the collapse of crypto exchange FTX last November, noting that crypto trading is an important part of the virtual asset ecosystem. During a recent speech, Leung reportedly explained that […]
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 It looks like crypto is on its way to the Hundred Acre Wood – the legendary home of famed literary character Winnie the Pooh. A new meme currency called $POOH, inspired by the heavyset, honey-loving […]
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