DBS Bank to offer cryptocurrency trading in Hong Kong
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory. Singapore state-owned megabank DBS Group is…
First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts. Bitcoin (BTC) starts a new week just…
UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments. The Central Bank of the United Arab Emirates (CBUAE) is planning to…
ROSE Price Prediction As Countdown To CPI Data Release Tests Investors’ Focus On Renewed Risk Appetite
ROSE, the native token for the Oasis Network, thrust into the weekend with a bullish front that raised the price 33% to the Sunday high Go to Source
Kraken And Coinbase Bosses Square Off With The SEC
The U.S. Securities and Exchange Commission (SEC) has recently enforced action against crypto staking. However, Kraken CEO Jesse Powell and Coinbase’s chief legal officer are Go to Source
TON Price Prediction: Can the Asset Protect Investors From the Market Downturn?
Toncoin (TON) appears to be one of the best-performing coins in the crypto market heading into this week, which is great given that most coins Go to Source
Paxos: BUSD Redemptions Continue Till At Least February 2024
Summary: Paxos will wind down its relationship with Binance for the BUSD stablecoin. BUSD redemptions will continue till at least February 2024 but no new tokens will be minted following…
Internet Computer Price Prediction As $75 Million In Trading Volume Rushes In – Time To Buy ICP?
The cryptocurrency market is progressing with the pullback this week as pressure mounts on major assets like Bitcoin (BTC) and Ethereum (ETH). Mid-cap altcoins like Go to Source
Coinbase Stock Plummets After SEC Enforcement Actions
What – Coinbase stock is facing its most significant 24-hour loss in the past seven months. Why – The price is declining because of the ongoing Go to Source
Paxos to stop minting BUSD stablecoins for Binance
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. Blockchain infrastructure platform Paxos will halt issuance of new…
Binance to support BUSD while exploring non-USD stablecoins, CZ says
Binance CEO Changpeng ‘CZ’ Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S. SEC and New York…
SEC lawsuit against Paxos over BUSD baffles crypto community
Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value. Paxos and Binance USD (BUSD) being in the…
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move. Cryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud…
DASH Price Stares At 37% Losses – Here Is Why
DASH is trading at $62.9 with a bullish bias as buyers fight to rise above a significant supplier congestion zone. Despite a positive outlook from Go to Source
SEC Targets Binance Stablecoin, Paxos To Stop Minting BUSD
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order coincided with the SEC’s plans to sue Paxos for selling…