US Government to Report Seized Crypto as ‘Nonmonetary Property’
The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while...
Bitcoin
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest...
JasmyCoin defies broader crypto market as price surges 12%
JasmyCoin surges 12% as price defies broader crypto market JASMY could flip to $0.04 if bulls hold above key support...
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets...
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope...
McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets
The world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized...
Ethereum’s Path to $10,000: Analysts Weigh in on the Most Asymmetric Bet in Crypto
TLDR Ethereum’s price reaching $10,000 is considered the most “asymmetric bet” in the current crypto market by some analysts, representing...
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices....
Meme Coin Craze Drives Solana’s Token Issuance to New Heights
According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a...
Crypto funds inflows surpass $15 billion and set new record
Share this article Crypto funds registered $185 million in inflows last week, amounting to $2 billion in May, and $15...
Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date...
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be...
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware,...
Standard Chartered set to debut spot Bitcoin, Ethereum trading platform
Share this article Standard Chartered is launching its spot trading operations specifically for Bitcoin (BTC) and Ethereum (ETH), Bloomberg reported...
Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations,...
Bitcoin is part of Milei’s vision for free currency market in Argentina
Share this article Argentina’s President Javier Milei has expressed his support for the use of Bitcoin (BTC), alongside other currencies...
Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations....
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at...
Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining...
Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands...
MoonPay integrates PayPal for crypto purchases in the UK and EU
MoonPay integrates PayPal for EU and UK crypto purchases using fiat. PayPal, the third most popular payment method in the...
Bitcoin stays above $65k as Bitbot unveils its Mini App UI
Key takeaways Bitcoin has been trading above the $65k level as the broader market stagnates. Bitbot has unveiled its Mini...
