Swan and Coinbits Lead Crypto Firms Severe Prime Trust Ties
Prime Trust troubles mount as more crypto firms terminate ties, citing the need to safeguard customers' assets. The custodian has seen more firms disclose rescinding...
MicroStrategy Purchases Additional 12,333 Bitcoins for $347 Million
Under the supervision of its last CEO Michael Saylor, MicroStrategy purchased around 141,000 Bitcoins. However, the business intelligence firm has recently decided to acquire an...
HSBC to Offer Crypto ETF Investment Options in Hong Kong
Hong Kong has recently gained a reputation as the next epicenter for cryptocurrency innovation and development in the international markets. The friendly stance of the...
International Monetary Fund (IMF) Admits Cryptocurrency Bans are Ineffective
Currently, the IMF claims banning cryptos might not be the most effective strategy following claims that nations need to consider it. The IMF is altering...
Deutsche Bank Files for Digital Asset Custody License
Deutsche Bank is a $1.4 trillion banking enterprise that has recently filed for a cryptocurrency license. After the announcement of the Bitcoin ETF application filed...
Bitcoin Market Dominance Exceeds 51% as SEC’s Crackdown Erodes Altcoins Share
The scrutiny of the digital market shows increased Bitcoin dominance as prominent altcoins battle multiple crackdowns. A review of market data in TradingView shows recent...
MicroStrategy Founder Optimistic that Regulatory Clarity to Deliver Bitcoin ’10X’ Value
The MicroStrategy head delved into the debate on the absence of a clear regulatory framework in the US. Michael Saylor confessed that the continued reliance...
Altcoins Prices Drop Sharply after SEC Crackdown on Major Crypto Exchanges
The cryptocurrency market is expectantly in a downtrend. The flagship cryptocurrency, Bitcoin, has shifted from the $26K price point and currently trading at the $25K...
UK Financial Watchdog Imposes Strict Rules for Crypto Ads
Last year legislators in the UK took up issue with the cryptocurrency advertisements in the country. However, recently the Financial Conduct Authority or FCA is...
Tether Commits $1B in El Salvador’s Renewable Energy Initiative
Tether has decided to be a part of El Salvador’s plan to develop a $1B energy project. The organization has announced partnering with El-Salvador, a...