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Bitcoin's 1.26% Price Surge to $26,783.01: Key Takeaways for September 27, 2023

Bitcoin's price has seen a moderate 1.26% increase over the past hour, bringing it up to $26,783.01 at the time of writing. This comes after a 1.92% gain over the past 24 hours, showing some positive momentum in the near-term for the world'

By Albert Morgan Sep 27, 2023

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India's Mudrex Makes Rare Global Crypto Move Into Italy Despite Market Gloom

In a rare bullish sign for the struggling Indian crypto industry, investment platform Mudrex has successfully registered to operate in Italy and started the approval process in the UK, CEO Edul Patel revealed in an exclusive interview. This international expansion defies the global crypto winter and makes Mudrex one of

By Albert Morgan Sep 26, 2023

News

Spain Approves Coinbase Registration: A Step Toward Crypto Clarity or Confusion?

In a move that is being hailed by some as a step toward regulatory clarity yet criticized by others as overly restrictive, Coinbase has successfully registered with the Bank of Spain to provide cryptocurrency exchange and custody services in the country. The registration, announced Monday, September 25, requires the major

By Albert Morgan Sep 26, 2023

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Bitcoin Shows Historic Strength In Key Metrics Amid Bear Market

Despite Falling Prices, On-Chain Data Reveals Growing Adoption NEW YORK - Bitcoin is exhibiting historic strength in key on-chain metrics even as prices remain depressed, according to new analysis. The dichotomy suggests growing network adoption amid the ongoing crypto bear market. Jamie Coutts, a crypto analyst at Bloomberg Intelligence, highlighted

By Albert Morgan Sep 26, 2023

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Australian Man Faces Theft Charges After Spending $6.7 Million Erroneously Sent by Crypto.com in Lavish Spending Spree

Is it right to keep money sent to you by mistake? That is the ethical question facing an Australian man who stands accused of theft after going on a multi-million dollar spending spree with funds erroneously deposited in his cryptocurrency account. Jatinder Singh of Melbourne, Australia is set to appear

By Albert Morgan Sep 26, 2023

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Treasurys Tokenized on Ethereum Bring the Real World to Crypto in a Big Way

Decentralized finance projects face a critical question of how to steward resources during the crypto winter to be ready when the market turns around. The answer may lie in an unusual place: U.S. government debt. Tapping into yields from U.S. Treasurys will be vital for keeping crypto'

By Albert Morgan Sep 26, 2023

News

Belgian Crypto Users Rejoice as Binance Resumes Exchange Services

Binance, one of the world's largest cryptocurrency exchanges, has reopened its services to users in Belgium just three months after regulators ordered the platform to cease operations in the country. This surprising reversal comes as welcome news to Belgian crypto enthusiasts who faced limited trading options since the

By Albert Morgan Sep 26, 2023

News

The Titanic Sinks As Taiwan Issues Long-Awaited Crypto Guidance

In a historic move that promises to rock the crypto world to its core, Taiwan's financial watchdog on Tuesday finally published guiding principles for crypto issuers and firms, taking a bold first step towards regulating the wild west of digital assets. This monumental crypto guidance surfaces like an

By Albert Morgan Sep 26, 2023

News

Financial Institutions Embrace Blockchain Despite Crypto's Regulatory Uncertainty

The finance industry is quietly adopting blockchain technology, drawn to its potential benefits despite regulatory uncertainty in the crypto space. But how will increasing blockchain integration impact crypto adoption? The crypto industry has faced crises recently, hurting trust in decentralized finance. Meanwhile, regulators worldwide have ramped up enforcement actions against

By Albert Morgan Sep 26, 2023

News

Massive Growth Ahead for Crypto Asset Management Industry

The cryptocurrency asset management industry is on the cusp of explosive growth, with assets under management potentially reaching $650 billion within five years, according to a new report by brokerage firm Bernstein. This staggering figure would represent a 13-fold increase from the current $50 billion in crypto assets professionally managed

By Albert Morgan Sep 26, 2023

News

Cryptocurrency Chaos: Chase Bank's Crypto Payment Ban Signals Growing Divide Between Banks and Digital Assets

Chase Bank has dropped a bombshell on the cryptocurrency industry, announcing in an email to customers that it will ban all crypto-related payments starting October 16th. This drastic move escalates the brewing tension between traditional finance and digital assets. But what are the implications of such a divisive policy? This

By Albert Morgan Sep 26, 2023

News

The Battle for Decentralization: Can Crypto's First Movers Make Room for Distributed Power?

Ethereum’s staking ecosystem is at an inflection point. With the Shanghai upgrade enabling unlocked staked Ether, liquid staking derivatives (LSDs) have exploded in popularity. But critics warn this rapid growth has consolidated power among just a few dominant players like Lido and Rocket Pool. As crypto aims for mass

By Albert Morgan Sep 26, 2023

News

The Rise and Fall of Crypto King Sam Bankman-Fried: A Cautionary Tale of Hubris, Naivety, and Financial Alchemy

The stunning collapse of Sam Bankman-Fried's cryptocurrency empire has left investors reeling and regulators racing to prevent the next crypto catastrophe. But how did the vegan billionaire who seemed to appear from nowhere rise so high, so fast, only to fall even faster? Sam Bankman-Fried was the poster

By Albert Morgan Sep 26, 2023

News

Stolen Future: How the Huobi Hack Threatens the Promise of Crypto

The cryptocurrency world was rocked this week by news that major exchange Huobi was hacked, resulting in the theft of nearly $8 million worth of Ethereum. This brazen cyberattack serves as a chilling reminder that despite crypto's utopian promise of decentralization, greed and exploitation still lurk in the

By Albert Morgan Sep 26, 2023

News

Will the Impending Government Shutdown Further Delay Crypto's Progress in the U.S.?

The impending government shutdown, instigated by House Republicans over budget disputes, could hamper the crypto industry's efforts to gain regulatory clarity and mainstream adoption in the United States - but for how long? This article will provide the key facts, expert opinions, an objective analysis, predictions, historical parallels,

By Albert Morgan Sep 26, 2023

News

Cryptocurrency Investors Shift Interest Towards XRP and Solana Amid Prolonged Bear Market

The crypto market has seen six straight weeks of outflows, totaling $9 million in the week ending September 24th, according to the latest report from digital asset manager CoinShares. While Bitcoin and Ethereum have seen continued selling pressure, some altcoins like XRP and Solana are gaining favor among investors seeking

By Albert Morgan Sep 26, 2023
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