The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), set to take effect on January 31, 2025. This change distinctly separates blockchain validation activities, such as cryptocurrency staking, from collective investment schemes, providing clearer regulatory guidance for the crypto industry. Staking, a pr
How High Can Cardano (ADA) Go? Price Bounces Back amid Surging Trading Volume
ADA is nearing the $0.8455 support level, which, if breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its price climbing over 9.5% in the past 24 hours. After hitting a low of $0.8873 on January 9, the cryptocurrency has recovered to $0.9716, highlighting a potential continuation of its upward [&hel
Bybit Freezes Indian Trades, Cites Regulatory Compliance Challenges
Cryptocurrency exchange Bybit has decided to temporarily suspend several of its services in India due to recent regulatory developments.
Ripple Moves $682 Million XRP to Unknown Wallet as XRPUSD Rebounds
Ripple, a San Francisco-based blockchain company, recently transferred $682 million worth of XRP to an unknown wallet, according to data from Whale Alert, a service that tracks large cryptocurrency transactions. Meanwhile, XRPUSD has been moving upward on the intraday charts following a decline yesterday (Thursday). XRP Transfer Marks First Major M
Wall Street Crypto Fever Drives OTC Trading to Double in 2024
The cryptocurrency over-the-counter (OTC) market experienced unprecedented growth in 2024, with trading volumes more than doubling amid strong institutional adoption and favorable market conditions. Total OTC trading volume surged 106% year-over-year, while stablecoin transactions saw an even more dramatic increase of 147%, according to a comprehen
Midjourney V7 Brings Big Updates and Hints at a Video Revolution
Midjourney is preparing to introduce V7, a major update that completely revamps its artificial intelligence (AI) image generation system.
Have Bitcoin ETFs Lived Up to the Hype?
The launch of Bitcoin ETFs in January 2024 was heralded as a groundbreaking moment for the market. Many expected these products to open the floodgates for institutional capital and catapult Bitcoin prices to new heights. But now, a year later, have Bitcoin ETFs delivered on their promise? For a more in-depth look into this topic, […]
Binance Lists ChainGPT (CGPT): Unlocking a New Era for AI-Powered Blockchain Solutions
Dubai, United Arab Emirates, 10th January 2025, Chainwire The post Binance Lists ChainGPT (CGPT): Unlocking a New Era for AI-Powered Blockchain Solutions appeared first on Crypto-News.net.
$10 Million in Bitcoin Seized: Russia’s Biggest Crypto Bribery Case Exposed
Russian officials have seized 103 Bitcoin BTC worth $10 million from Marat Tambiev, a former employee of the Investigative Committee of the Russian Federation (ICRF).
Senate Banking Committee to Set Up Crypto Subcommittee Amid Pro-Crypto Momentum
Key Takeaways: The Senate Banking Committee has announced plans to form a crypto subcommittee dedicated to digital assets, signaling growing legislative interest in cryptocurrency regulation and innovation. The decision, spearheaded by Senator Tim Scott, head of the Senate Banking Committee, is set to take effect following President-elect Donald Tr