The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24. Per Naeil Shinmun, the project is “showing signs of trouble” after effectively delaying its official launch. Busan Digital Exchange Hit With Launch Delay Busan’s digital asset exchange plans have been...
Today, Bitcoin (BTC/USD) shows modest growth, trading at $64,165. This Bitcoin price prediction explores this slight uptick in detail, highlighting the cryptocurrency’s resilience in a fluctuating market. Key resistance lies at $67,687 while support hovers around $63,654, indicating potential fluctuations in Bitcoin’s near-term market trajectory. Bitcoin ETFs See Turnaround with $59.7M Inflows: Market Sentiment Shifts...
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February. Data from Statistics Canada showed that retail sales fell 0.1 percent in February following a 0.3 percent drop in the previous month. Economists had expected retail sales to rise...
The Brazilian megabank Nubank is launching withdrawal services for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), in the latest bullish move from the neobank. In an official notice on the Nubank community page, the bank said that it would allow customers to “send and receive [cryptoassets]” from their app-based wallets. The bank first announced its...
Hong Kong Securities and Futures Commission (SFC) has approved three spot Bitcoin and Ethereum exchange-traded funds (ETFs) that will start trading on April 30. According to a recent social media post by Bloomberg Intelligence ETF analyst James Seyffart, the issuers of the ETFs have revealed their fees, including one as low as 0.3% after a...
The Switzerland market ended on a weak note on Wednesday as investors largely stayed cautious and chose to lighten some commitments ahead of a slew of crucial economic data from the U.S. The benchmark SMI, which stayed weak right through the day\'s session, settled with a loss of 98.41 points or 0.86% at 11,370.74, the...
The European Union (EU) has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial Intelligence Units (FIUs) to detect and combat money laundering and terrorist financing. Per a Wednesday’s announcement, the package of legislations would impact crypto exchanges, brokers, regulated under...
Bitcoin’s inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving. With 93.3% of Bitcoin already mined, translating to 19.6 million out of the possible 21 million BTC, the scarcity factor is anticipated to drive demand further, potentially fueling a surge in the price...
The Crypto Series of Poker (CSOP) is currently underway at CoinPoker, and to celebrate the website is offering one lucky player the opportunity to gain free entry to its main event on Sunday. Taking place at 18:30 GMT on April 28, the event offers a guaranteed prize pool worth $100,000, with participants playing in the...
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle. Like BRC-20s, Runes is a protocol that uses the Bitcoin network. It pays fees in Bitcoin to generate new tokens. However, Runes uses the Unspent Transaction Output (UTXO) model to “etch”...