Month: March 2024

Dogecoin (DOGE), PEPE, SHIB Rally Could Be Early Signal for Impending Altcoin Season

However, the report pointed out that timing the altcoin season is a “risky sport,” as the bitcoin ETFs have altered the crypto investment landscape, and there’s no guarantee that the money flowing to bitcoin will eventually trickle down to smaller assets. “There is enough risk appetite to send a select few alts on big runs, but we have yet to see a new wave of retail entering the altcoin arena to create the rising tide that lifts all boats,” said K33. Source

Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls

The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s capacity to oversee and mitigate dubious transactions within the rapidly expanding realm of digital finance. Russia’s Financial Strategy Challenged by FATF Downgrade The […] Source CryptoX Portal

The Catch-22 of U.S. Crypto Regulation

The SEC, moreover, hasn’t allowed any currently registered exchange or broker-dealer to list, custody or trade crypto tokens. The SEC’s view is that any registered institution willing to work with crypto tokens “could not deal in, effect transactions in, maintain custody of, or operate an alternative trading system for traditional securities.” Source

Bitcoin Miner Survey Proposal to be Up for Comment

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Kelexo presale rockets, rides Bitcoin and Ethereum rally

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin (BTC) is discussing a possible new chapter of post-halving problems and Ethereum (ETH) gets bullish price forecasts on the back of ETF possibilities, Kelexo turns attention to itself with the launch of its inventive web3 lending platform, targeting to disrupt finance through decentralized lending. KLXO is changing hands at $0.028 in stage one of its presale. Kelexo prioritizes users’ assets, security and governance of the ecosystem. JP…

CEO Of Blockchain-Focused VC Firm Predicts XRP Price Will Reach $10

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Oliver Michel, founder and CEO of German-based venture capitalist firm Tokentus Investment AG, has given a bullish price prediction for the XRP price. According to him, XRP could hit $10 soon enough.  XRP Price To $10 Is Just The Beginning Michel mentioned during an interview with Der Aktionär, a leading German finance magazine, that he expects XRP to rise to between $5 and $10 in the first wave of its parabolic move to the upside. Interestingly, he added that XRP would eventually hit three to four figures and didn’t seem…

UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case

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Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme’s true mastermind manipulated her. The prosecution alleges Wen, working for her employer, Yadi Zhang, converted Bitcoin to cash via middlemen and purchased a Dubai flat with the funds. At the same time, Wen claims she was unaware that her employer’s wealth was criminally derived when over £1.7 billion in Bitcoin (BTC) was seized from her home. The defense argued that Zhang manipulated Wen, described…

Bitcoin Remains Above $62K Amid Crypto Market Slowdown

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The crypto market has shown an incredible performance over the past week. Bitcoin has sustained momentum and risen above the $60,000 level, reaching $64,000. The levels reached at the end of February have suggested to many investors that March could be an even more impressive month for the current bullish rally. However, no prediction is set in stone, as many factors could swing investors’ sentiments and move the trends in the opposite direction. At the moment, the crypto market seems to have taken a small pause to catch its breath.…