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The use of cryptocurrency in illicit activities has been a growing concern, as revealed by recent research from Chainalysis. In 2023, an estimated $24.2 billion worth of cryptocurrency was sent to illicit wallet addresses. These addresses were associated with various illegal activities, including sanctions evasion, terrorist financing, and scams. However, it is important to note
Bitcoin Spot Exchange-Traded Funds (ETFs) have recently obtained approval, triggering excitement within the cryptocurrency industry. However, amidst this celebratory atmosphere, a different event has caught the attention of the community. Bitcoin miners, the backbone of the cryptocurrency network, have been engaging in an aggressive selling spree, causing concerns about the implications of this sell-off. Cryptocurrency
In the world of cryptocurrencies, meme coins have gained significant attention, and Hoppy token is the latest to experience an explosive pump. Trading on DEXTools, this lesser-known coin has seen a staggering 100x increase. However, the price analysis of HOPPY reveals a potential next move that crypto experts are skeptical about. The recent trend in
The highly anticipated court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) on January 17, 2023, shed light on the ongoing dispute over alleged securities violations. Originally, in June 2023, the SEC accused Coinbase of operating an unregistered national securities exchange, broker, and clearing agency. Additionally, the SEC raised concerns about Coinbase’s
The Securities and Exchange Commission (SEC) is currently embroiled in a legal battle with Coinbase, marking a pivotal moment in the cryptocurrency industry. The SEC sued Coinbase in June, accusing the platform of listing “crypto-asset securities” without registering as a securities exchange. This lawsuit has far-reaching consequences and is likely to reshape the regulatory landscape
Crypto exchange Gemini has recently announced its registration as a Digital Asset Service Provider (DASP) in France, paving the way for its entry into the French market. The Autorité des Marchés Financiers (AMF), the French financial markets regulator, has granted Gemini this regulatory milestone, allowing the exchange to cater to both retail and institutional customers
In a recent technical update, EGRAG Crypto presented a compelling case for the XRP price, suggesting a significant upward trend in the cryptocurrency. By analyzing the Average Sentiment Oscillator (ASO), an indicator that provides insights into market sentiment, EGRAG Crypto identified key patterns and historical comparisons that point to a potentially bullish outlook for XRP.