Tag: Cryptocurrency

What does the rest of the trading year have in store for Cryptocurrency?

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Este artículo también está disponible en español. By Matthew Hayward, Senior Market Analyst at PrimeXBT Traditionally, the fourth quarter and October have been strong months for cryptocurrencies, particularly Bitcoin. However, this year, the gains have been less impressive than in previous years. Currently, Bitcoin has increased by over 5% this month, providing a glimmer of optimism. So, what has caused this underwhelming performance, and why haven’t we seen the expected rally? Reflecting on early October, a series of announcements and shifts in the economic landscape contributed to Bitcoin’s initial decline,…

People Will Care About Cryptocurrency When This One Thing Changes – SuperCryptoNews

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This Tweet: Hey @MDBitcoin, guess what? That is incredible — incredible that so few people use their Bitcoins! Here are some other things that haven’t moved in a year: 99% of rocks. 93% of posters. 84% of dead people. (There’s a lot of demand for medical cadavers.) Years ago, I published Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency. That was in 2019, before the 2021 explosion that brought crypto into the mainstream. It was a lonely and uncertain time. Nobody paid attention to Bitcoin. They thought crypto was dead, a…

Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil

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The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant, with Tether’s USDT leading the charge. The leading stablecoin registered volumes of $27.4 […] Source

The Global Digital Asset & Cryptocurrency Association Announces Proposed Information Guidelines for Certain Tokens Made Available in the United States

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Proposed Voluntary Framework for Digital Asset Tokens Designed to Identify Material Information Enabling the Market to Make Informed Decisions CHICAGO, Oct. 20, 2024 /PRNewswire/ — The Global Digital Asset and Cryptocurrency Association (Global DCA), in collaboration with Global Blockchain Business Council (BGGC), The Digital Chamber and the Proof of Stake Alliance, today announced the Proposed Information Guidelines for Certain Tokens Made Available in the United States, a comprehensive, voluntary framework designed to enhance transparency and enable informed decision-making in the rapidly evolving digital asset market. Prominent attorneys along with distinguished law…

Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline

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Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to ensure compliance with new European Union money laundering and financing of terrorism laws, which are set to take effect on December […] Source

Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

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SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2021, Fairdesk Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few years, Fairdesk Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be…