Bitcoin Dips Below $60K as SEC Ends Ethereum Probe

Bitcoin Dips Below $60K as SEC Ends Ethereum Probe

Bitcoin (BTC) experienced a brief dip below the $60,000 mark, reflecting the volatile nature of the cryptocurrency market. This fluctuation comes amid significant news from the U.S. Securities and Exchange Commission (SEC), which has decided to end its investigation into Ethereum (ETH). The closure of the investigation has led to various speculations and reactions within…

Coinbase Lawsuit Against SEC and FDIC Explained

Coinbase Lawsuit Against SEC and FDIC Explained

Coinbase, one of the leading cryptocurrency exchanges, has recently filed a lawsuit against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The lawsuit alleges that these regulatory bodies have overstepped their boundaries and imposed unfair regulations on the cryptocurrency market. This legal battle highlights the ongoing tension between the rapidly…

Bitcoin’s Price Watch: A Critical Analysis

Bitcoin’s Price Watch: A Critical Analysis

Bitcoin has experienced significant volatility recently, with its price fluctuating widely after a strong performance last month. Investors are closely monitoring key support and resistance levels to gauge future movements. The cryptocurrency market, known for its rapid changes, continues to attract attention from both retail and institutional investors. In the past month, Bitcoin’s price surged,…

Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Finance Asset Management

Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Finance Asset Management

FINMA-supervised unit renamed Matrixport Asset Management AG SINGAPORE, Sept. 30, 2024 /PRNewswire/ — Matrixport, a leading all-in-one crypto financial services hub, today announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG (“CFAM”), a licensed Swiss crypto asset manager that was previously part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Renamed…

OKX’s ‘My Fabric’ Campaign Continues with McLaren F1 Team Driver Oscar Piastri’s Motorsport Journey

OKX’s ‘My Fabric’ Campaign Continues with McLaren F1 Team Driver Oscar Piastri’s Motorsport Journey

SINGAPORE, Sept. 27, 2024 /PRNewswire/ — OKX, a leading onchain technology company and an Official Primary Partner of the McLaren Formula 1 Team, today released the second installment of its ‘My Fabric’ campaign featuring McLaren F1 driver Oscar Piastri. In the video, the rising star reflects on his journey from young junior driver to his…

Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds

Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds

DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key…

Dubai Crypto Regulations Mandate New Risk Disclaimers

Dubai Crypto Regulations Mandate New Risk Disclaimers

New Dubai crypto regulations are set to enforce stricter guidelines for virtual asset companies operating within the United Arab Emirates (UAE). The Virtual Assets Regulatory Authority (VARA), Dubai’s cryptocurrency regulator, has updated its advertising policies, requiring crypto companies to provide clear risk disclaimers. This move aims to enhance consumer awareness of the volatile nature of…

Bybit Surges to 50 Million Users in 40 Days, Leading Web3 and Global Compliance

Bybit Surges to 50 Million Users in 40 Days, Leading Web3 and Global Compliance

DUBAI, UAE, Sept. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is delighted to announce a major milestone as its registered user base surpasses 50 million worldwide. This extraordinary achievement underscores Bybit’s rapid growth and solidifies its position as a preferred platform for millions of crypto enthusiasts and traders globally. Strengthening…