In a bipartisan effort, US Senators Elizabeth Warren and Bill Cassidy have called on US authorities to take decisive action against the use of cryptocurrency in the illegal trade of child sexual abuse material (CSAM). The senators highlighted the pseudonymity of cryptocurrencies as a key enabler for the movement of payments in the digital realm,
The recent launch of SPACEX, a meme coin developed by an Elon Musk enthusiast, has created quite a buzz in the cryptocurrency market. With a market price of $138 and a staggering 24-hour change of +78,940%, SPACEX has shown impressive gains and captured the attention of traders and investors. However, the sudden surge in price
The director of capital markets at Chainlink Labs has emphasized that traditional finance may not be the most ideal use case for tokenization. Instead, the real value lies in the tokenization of real-world assets (RWA), presenting a massive market opportunity within the blockchain industry. This shift towards tokenizing assets opens up a world of possibilities,
The Spot Bitcoin ETFs have recently faced a significant decrease in demand, leading to considerable outflows on April 26. Farside Investors reported that on April 25 alone, these ETFs recorded $217 million in net outflows, with Grayscale’s Bitcoin Trust (GBTC) accounting for the majority of these outflows by investors moving $139.4 million out of the
Bitcoin has been facing significant challenges as it attempts to recover above the crucial $65,500 resistance level. The cryptocurrency is once again experiencing downward pressure, with the potential for further losses below the $63,000 mark. Failed Recovery Attempt After hitting a support level of $62,750, Bitcoin managed to initiate a recovery wave, surpassing the $64,000
The Crypto Series of Poker is currently in full swing at CoinPoker, and there is a fantastic opportunity for one lucky player to win free entry to the main event on Sunday. The main event, which will take place at 18:30 GMT on April 28, boasts a guaranteed prize pool of $100,000 with a $500
Peter Schiff, a prominent chief economist and Bitcoin critic, has recently issued a somber prediction regarding the world’s largest cryptocurrency. In a cautionary X post, Schiff emphasized the importance of Bitcoin maintaining its stronghold above the critical support level of $60,000. He warned investors of the potential repercussions should BTC drop below these key levels,
The recent approval of new Anti-Money Laundering Regulations (AMLR) by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations mandate the implementation of stringent Know Your Customer (KYC) procedures to combat money laundering. As part of the new laws, obliged entities such as banks, assets and crypto assets
The recent announcement by the European Union (EU) regarding the new anti-money laundering regulation (AMLR) has significant implications for crypto-asset service providers (CASPs) operating within the region. These laws, as outlined under the Markets in Crypto-Assets Regulation (MiCA), aim to empower Financial Intelligence Units (FIUs) to enhance their capabilities in detecting and combating money laundering
The recent Bitcoin halving event, which took place on April 20, 2024, has ignited a sense of hope in the cryptocurrency market. Following the halving, there was a brief period of uncertainty indicated by a drop in a key futures metric. However, overall market indicators are pointing towards a bullish trend gaining momentum. Analysts at