Crypto Price Today – Bitcoin $29,000 while XRP CRASH?

The cryptocurrency market is navigating a complex period of volatility, showing signs of a short-term downtrend. As of today, investors are witnessing a mixed bag of gains and losses across the major ...

Elizabeth Warren pressures Treasury, IRS for swift action on $50B crypto tax loophole

In a recent letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, US Senators led by Elizabeth Warren have demanded prompt action on implementing new tax reporting re...

Hong Kong Moves To Provide Safe Crypto Trading Platforms For Retail Investors

Hong Kong’s Securities and Futures Commission (SFC) has taken steps to provide an opportunity for retail investors to invest in crypto trading via safe and regulated crypto trading platforms. As part ...

Shiba Inu Will Tie Digital Identity to All Applications in a Bid to Move Away From Meme Coin Status

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

Crypto.com rolls out direct EUR transfers for retail traders

The prominent cryptocurrency exchange Crypto.com announced on August 2 that traders on the platform may now make EUR deposits and withdrawals.  This means that retail traders can make direct EUR fiat ...

Elon Musk’s Tweets Impact Altcoin Prices 📈

Table of contents In addition to Musk’s tweets, the firms used images to boost their tokens Twitter bots could be assuming a much bigger part in misleadingly expanding the cost of altcoins than ...

Hong Kong Now Welcomes Compliant Crypto Exchanges For Retail Investors

Key Points: Hong Kong approves compliant crypto exchanges for retail investors. HashKey Group gains clearance for off-platform virtual asset trading. New regulatory regime positions Hong Kong as a maj...

Sanders, Warren Urge Biden To Crackdown On “Crypto Tax Evaders”

Prominent lawmakers have urged the Biden administration to initiate a crackdown on crypto tax evaders and enforce tax reporting guidelines for users in the crypto space.  The United States Congress ha...

Korean Digital Marketing Giant FSN Nears an Investment in Crypto Exchange WEEX with a $100 Million Valuation

[Press Release – Singapore, August 3rd, 2023] Singapore, 1 August, 2023 Cryptocurrency exchange WEEX announces that it set to raise funds in a new funding round with a valuation of $100 million, and K...

Hong Kong to Approve First Compliant Exchanges for Crypto

Market News Hashkey will become the city’s first licensed Compliant Exchange for Crypto. Livio Weng, Hashkey Group COO, tweeted that a good card is coming. The Hong Kong Securities Regulatory Commissi...

Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013

According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more than $81 million to the national budget in the last dec...

Australia ASIC sues eToro alleging lax oversight of crypto derivatives, causing consumer losses

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the online trading platform eToro for allegedly violating financial regulations related to cryptocurrency deriva...

HashKey Exchange Becomes First Licensed Retail Crypto Trading Platform in Hong Kong

Hong Kong, 3 August 2023 – HashKey Exchange has announced the official upgrade of its Type 1 and Type 7 licences, becoming the first licensed virtual asset exchange for retail users in Hong Kong...

Minnesota’s Biggest Crypto Scam: Victim Loses $9.2 Million

A bad actor conned a Minnesota resident out of $9.2 million over 21 transactions in an elaborate crypto scam. At the time, the victim believed he was sending a potential lover funds for cryptocurrency...

HashKey With Standard Chartered To Offer Crypto Retail Trading In Hong Kong

Hong Kong Securities Regulatory Commission approved type 1 & 7 licenses for HashKey Exchange to offer retail trading services under the new crypto regime. HashKey Exchange becomes the first crypto...

A Blessing For Bitcoin, Crypto Markets?

The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy ...

Elizabeth Warren and Bernie Sanders Urge a Crackdown on Crypto Tax Evaders!

Crypto Live News Author: Mustafa Mulla Aug 3, 2023 11:11 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech i...

Biden Administration Feels the Heat to Hasten Crypto Regulation Implementation

In a recent report by the Wall Street Journal (WSJ), there have been notable delays within the U.S. Treasury Department concerning the implementation of a law aimed at identifying tax evaders within t...

New Report Shows Majority Of Spanish Residents Want To Hold Crypto For The Long Term

The crypto industry has seen massive growth and adoption in recent years as more and more major companies are accepting crypto as payment, allowing people to actually use their digital assets in their...

Binance Announces Zero-Fee Bitcoin And Ethereum Trading, Bullish For Crypto Market?

The world’s largest crypto exchange Binance on Thursday announced zero-free Bitcoin and Ethereum trading with newly added FDUSD stablecoin spot and margin pairs. Crypto, including Bitcoin (BTC) and Et...

Hong Kong Regulator to Approve Compliant Crypto Exchanges for Retail Investors!

The post Hong Kong Regulator to Approve Compliant Crypto Exchanges for Retail Investors! appeared first on Coinpedia Fintech News The Hong Kong Securities Regulatory Commission is all set to approve t...

$20M Saved as Binance Boss Warns of Latest Crypto Scam

On Aug. 2, Changpeng “CZ” Zhao said he wanted to “share this (luckily) unsuccessful, but very clever and close scam incident from yesterday. It saved $20 million, he said before adding, “hope it may a...

Crypto’s Bullish Surge — Would There be a ‘Soft Landing’ to Expect?

Grayscale report highlights improved digital asset markets since 2022. Risk to crypto valuations lies in US economic “soft landing.” “If the economy stumbles or the Federal Reserve raises real rates f...

Robinhood crypto transaction revenues drop 18%

Robinhood’s second quarter crypto trading revenues sank 18% to $31 million, the company said in its earnings report on Wednesday.  The drop marks the second consecutive quarter of revenue declines in ...

XDC up +28.53%, BTC -1.68%, FLEX Coin is The Coin of The Day – Daily Market Update for Aug 03, 2023 | CoinCodex

Key highlights: The total cryptocurrency market cap decreased from $ 1.20T to $ 1.18T in the past 24 hours, representing a -1.31% change The Bitcoin price at press time is $ 29,149 after falling by -1...

Chamber of Digital Commerce Highlights Impact of Ripple Ruling for Crypto

The Chamber of Digital Commerce has released an impact and analysis report on the SEC v. Ripple ruling, highlighting the decision’s relevance to the industry.  The Chamber of Digital Commerce (CDC), a...

Crypto Custodian Hex Trust Announces France Expansion With DASP Registeration

Popular digital asset custodian, Hex Trust, announced obtaining Digital Asset Service Provider (DASP) registration granted by Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel ...

What do crypto exchanges really do with your money? – Cointelegraph Magazine

So, you’ve deposited some cryptocurrency onto an exchange. You expect that these funds will be held in your name as a liability, with safeguards in place to make sure that you can withdraw them when y...

Bankrupt Crypto Lender BlockFi’s Disclosure Statement Gets Approval From Court

“BlockFi’s mission through this process has been to maximize recoveries for our creditors, and conditional approval of our Disclosure Statement moves us one step closer to accomplishing that goal,” sa...

Decoding Bitcoin’s Gold Coin Analogy

If you are a newcomer to Bitcoin, the concept of UTXO may need to be clarified and easier to grasp. However, comparing Bitcoin transactions to exchanging gold coins helps provide clarity regarding how...

Crypto Market Rebound Hinges On U.S. Economy’s ‘Soft Landing’, Grayscale Reports

The ripples of macroeconomic events extend far beyond traditional markets, encroaching on the nascent space of cryptocurrencies. A recently published report by Grayscale, the world-renowned digital as...

Binance Defies China’s Crypto Ban: WSJ

Alex Dovbnya Despite China’s stringent ban on cryptocurrency trading, Binance, the world’s largest cryptocurrency exchange, continues to thrive in the country Binance, the world’s la...