South Korean authorities may suspend Upbit for up to six months over alleged KYC and anti-money laundering violations.Investigations into Upbit include monopolistic practices and a 2019 theft of 342,000 ETH linked to North Korean hackers. The South Korean authorities have issued a suspension notice against Upbit, the country’s largest crypto exchange, for suspected anti-money laundering...
Dogecoin (DOGE) has been tipped to hit $3 this cycle as whales holding between 10 million and 100 million DOGE make an additional acquisition of $140 million worth of DOGE in a week. An analyst has highlighted that DOGE could likely hit $3 this cycle; however, the asset could make a groundbreaking entry into the $30...
Bitcoin, XRP, and SOL ETFs are key catalysts in HashKey’s $10T market forecast, bridging traditional and crypto investments.Regulatory clarity and stablecoin adoption are crucial drivers of market expansion and financial stability in the crypto sector. HashKey’s bold prediction for the cryptocurrency market’s future envisions a $10 trillion valuation, with Bitcoin, XRP, and SOL exchange-traded funds...
Bitcoin surpassed $100K before stabilizing at $99,900, marking an 8% weekly gain, despite $50M liquidations and persistent market volatility.Analysts project Bitcoin reaching $145K-$249K by 2025, fueled by $520B in capital inflows and pro-crypto reforms boosting investor confidence. Bitcoin’s price recently surpassed $100K before stabilizing at $99,900, reflecting a 1.25% daily increase. After flirting the 100K...
Senator Lummis demands FDIC accountability for alleged document destruction tied to Operation Chokepoint 2.0, a move critical to regulatory transparency.The crypto industry adapts through stablecoins, showcasing resilience amid the banking restrictions imposed by Operation Chokepoint 2.0. The Federal Deposit Insurance Corporation (FDIC) faces scrutiny for allegations of document destruction related to Operation Chokepoint 2.0, as...
Grayscale Litecoin Trust is reported to have raised $2.3 million from 242,900 shares in a private placement, sending the issued and outstanding to 24.1 million.Analysts have predicted that LTC could stage a parabolic run to hit $150 after it successfully breaches a crucial resistance level at $126. A private placement of 242,900 new shares has...
Meta shareholders push Mark Zuckerberg to explore Bitcoin as a treasury reserve asset for financial resilience.Corporate Bitcoin adoption grows as companies like Tesla and MicroStrategy showcase its potential for inflation hedging and innovation. The topic of whether Mark Zuckerberg would transform Meta into the next MicroStrategy has stirred passionate debate. Now under more pressure is...
During a recent CNBC interview, outgoing SEC Chair Gary Gensler reiterated his view that most digital assets are securities, with Bitcoin being the sole exception due to its decentralized nature.Under Paul Atkins’ SEC leadership, the Ripple lawsuit could be settled, offering regulatory clarity for all assets and potentially leading to the approval of XRP-based ETFs...
The Strategic Bitcoin Reserve Act integrates Bitcoin into state savings and pension funds, shielding residents from inflation while supporting innovation.Oklahoma’s move aligns with federal pro-crypto efforts, emphasizing a national shift toward digital assets and financial modernization. The Strategic Bitcoin Reserve Act aims to position Oklahoma as a leader in digital asset adoption by integrating Bitcoin...
Samson Mow predicts Bitcoin adoption by more nation-states, supported by strategic reserves and new Bitcoin bond initiatives.Increasing global adoption trends highlight countries exploring Bitcoin strategies, signaling a major shift in the financial landscape. In a recent video, the Modern Investor channel’s host has explored some of the most audacious Bitcoin projections and worldwide adoption patterns...