Recently, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against 13 entities and two individuals operating in the financial services and technology sectors of the Russian economy. These entities were involved in developing or offering services in virtual assets that enabled the evasion of US sanctions. This move by
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Ethereum (ETH) is currently at a pivotal moment, aiming to reach the significant milestone of $4,000. However, its journey towards this price target is not without challenges, as the digital asset faces scrutiny from the US Securities and Exchange Commission (SEC). This regulatory obstacle could have a substantial impact on Ethereum’s future trajectory, potentially affecting
CommEX, a crypto exchange that recently took over Binance’s operations in Russia, has shocked its users by announcing its decision to cease operations in the country. This move comes after Binance’s exit from Russia, which was initially announced in September 2023. The withdrawal process was expected to take approximately one year to complete, but CommEX
The collaboration between Avalanche, Alipay+ D-store, and e-wallet partners in Southeast Asia has brought about a revolutionary Web3-enabled voucher program. This program offers users the opportunity to earn discounts of up to 50% on milk teas from popular brands across the region. With over 500 participating shops initially, the program plans to expand to more
In the ever-evolving world of cryptocurrency, it is essential to have expert voices guiding investors through the uncertain terrain. Doctor Profit, a renowned cryptocurrency analyst, has recently shed light on regions that are crucial for Bitcoin’s current trajectory. His insights have sparked optimism within the crypto community, particularly amidst concerns over Bitcoin’s recent price fluctuations.
The crypto market is ever-evolving, with new trends and opportunities emerging constantly. Recently, a Solana meme coin spin-off called ‘SOLGraph’ has captured the attention of investors, showcasing significant price movement and attracting high trading volumes. However, beyond SOLGraph, there is another emerging player in the meme coin space that is gaining traction – Dogecoin20. In
Bitcoin’s price has recently experienced a period of sideways consolidation around the significant $60K price level. This phase came after a notable surge towards the all-time high of $73K. The daily chart analysis shows that the price is currently hovering between the support region of $60K and the substantial resistance of $73K. The Fibonacci retracement
Binance recently made the decision to end support for Tron network-based USD Coin stablecoins by April 5. This announcement came following news that Circle, the company behind USDC, is pulling out of the Tron blockchain entirely. Users on Binance have less than two weeks to withdraw their assets or convert them to USDC on alternative
The recent EU anti-money laundering regulations have created a significant stir in the financial world. These new laws, which have been approved by most of the EU Parliament’s lead committees, have sparked a heated debate about striking a balance between combating financial crime and preserving the rights of citizens to privacy and economic freedom. Patrick
Recently, Binance confirmed that Nadeem Anjarwalla, one of its executives detained by Nigerian authorities, has managed to escape custody. While this news is shocking, it raises concerns about the effectiveness of the Nigerian justice system and brings to light questions about the security measures in place to prevent such escapes. Reports indicate that the Nigerian
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) is quickly approaching its trial phase, set for April 23. This contentious issue, which has been unfolding for over three years, is now reaching a critical juncture. American lawyer James Filan recently disclosed that the SEC has submitted its opening remedies-related
As the digital currency market continues to evolve, Bitcoin remains at the forefront of discussions among analysts and enthusiasts alike. The year 2024 has sparked a heated debate about the future price trajectory of Bitcoin, with contrasting viewpoints leading to uncertainty about where the cryptocurrency is headed. One school of thought, led by prominent crypto
Recently, U.S. District Judge Robert Shelby made a significant decision to levy sanctions against the Securities and Exchange Commission (SEC) for serious misconduct in the legal action against Utah-based cryptocurrency firm DEBT Box. The judge accused the SEC of engaging in a “gross abuse of power” in its handling of the case, sparking widespread attention
Bitcoin ETFs faced a challenging week last week, with Spot Bitcoin ETFs experiencing consecutive daily outflows. This trend indicated a potential decrease in bullish sentiment among institutional traders. The price of Bitcoin also reflected this bearish movement, dropping to as low as $61,370 during the week. The surge in investor interest in Spot Bitcoin ETFs