The Securities and Futures Commission (SFC) of Hong Kong has issued a stern warning to unregistered Virtual Asset Trading Platforms (VATPs) operating within its jurisdiction. These platforms have been given an ultimatum – either submit their licensing applications by February 29 or face closure of their businesses by May 31. This move by the financial
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Bitcoin, the largest cryptocurrency, has been experiencing a stagnation in its price movement in recent weeks. Despite this lackluster price action, on-chain data reveals that large holders, known as whales, have been actively accumulating more Bitcoin in their wallets. This accumulation has brought the total number of wallets to its highest point in 15 months.
The domain registry company NJAL.LA, also known as ‘Njalla’, recently made headlines in the cryptocurrency world due to its questionable acquisition of Mollars.com from the “Mollars Cryptocurrency Project.” The project’s original domain was abruptly shut down without any explanation, causing concern among crypto investors. In an attempt to address the issue, a PSA was issued
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has recently witnessed a significant exodus from centralized exchanges. This emerging trend indicates a growing preference among investors to hold their ETH outside of trading platforms. The data shows that the amount of ETH being withdrawn from exchanges has been increasing, raising questions about the motivations
The healthcare sector is recognizing the growing importance of advanced data management solutions to effectively manage, govern, exchange, and analyze both internal and external datasets. As data breaches continue to pose a significant threat to patient privacy, organizations are exploring innovative ways to enhance data protection. In the United States alone, 87 million patients fell
Cryptocurrency exchange Coinbase has recently released a comprehensive report predicting a significantly positive performance for Bitcoin and the overall crypto market in the second quarter of 2024. This optimistic outlook comes as Bitcoin continues its market recovery, with a 3.31% gain in the past week, reaching a trading price above $43,000. In their weekly report,
The native token of the Binance Smart Chain, BNB, experienced a significant drop on Friday, as indicated by a large red candlestick. Opening at approximately $305, the token steadily moved downward to reach $297.93. This decline began after facing rejection at $312.53 earlier in the week, creating a resistance level at this price point. Currently,
The world of cryptocurrency has been revolutionized by the emergence of Spot Bitcoin ETFs, which have witnessed remarkable growth. These funds have successfully orchestrated the institutional adoption of Bitcoin, attracting significant attention from major asset managers. Recent analysis demonstrates the massive accumulation of Bitcoin by influential entities such as BlackRock, confirming the impact of Spot
In the world of technology, the collaboration between blockchain and artificial intelligence (AI) has the potential to create a transformative impact. The combination of these two fields can lead to exciting advancements and diverse opportunities. According to a recent report from TenSquared Capital, AI can enhance the speed, efficiency, and structure of the Web3 arena
The recent price movements of Bitcoin have captivated the attention of market participants, as it briefly dipped below $40,000 and then quickly climbed back to $42,000. While many expected a surge in retail trading, the reality of the situation, as revealed by Glassnode’s data, is more complex. This article delves into the unprecedented behavior of