Arkham Intelligence is gearing up to unveil its crypto derivatives exchange next month, a move reported by Bloomberg News on October 11. This announcement has sparked considerable excitement within the cryptocurrency community, leading to a notable 12% increase in the price of its native token, ARKM. As the market is currently experiencing a general upswing,
The United Arab Emirates (UAE) has taken a significant step forward in the realm of cryptocurrency by exempting digital asset transactions from the nation’s 5% value-added tax (VAT). This amendment, documented on October 4, is set to assess its impact starting November 15, 2024, while simultaneously applying retroactively to transactions made since January 1, 2018.
The legal confrontation between Ripple Labs and the United States Securities and Exchange Commission (SEC) has drawn considerable attention within the cryptocurrency ecosystem. The complexities of this case highlight larger issues surrounding digital asset regulation in the United States, particularly as Ripple recently filed a notice of cross-appeal to the Second Circuit Court. This critical
In the multifaceted universe of financial trading, where the tides of currency and cryptocurrency markets can shift dramatically, few individuals have managed to carve out a niche quite like Aayush Jindal. With over 15 years of experience under his belt, Aayush has emerged as a leading figure, transforming the complex world of Forex and cryptocurrency
Samuel Edyme, known in various spheres of the online universe as HIM-buktu, embodies the evolving spirit of the cryptocurrency landscape as a content writer, journalist, and aspiring trader. His journey into the chaotic world of digital currencies is rife with challenges, triumphs, and, at times, sheer absurdity that would make for a compelling cinematic plot.
Bitcoin (BTC) has recently faced significant volatility, trading below the crucial $60,000 mark. This recent decrease highlights the challenges the cryptocurrency is experiencing in establishing an upward momentum, particularly in the face of resistance levels that appear to impede recovery efforts. The cryptocurrency’s price dynamics reflect a broader trend of uncertainty, complicating the prospects for
The South Korean Financial Services Commission (FSC) has initiated an investigation into Upbit, the nation’s preeminent cryptocurrency trading platform. This inquiry stems from concerns regarding Upbit’s market dominance and its consequential influence on the virtual asset landscape, as highlighted in a report from the local media. The FSC, led by Chairman Kim Byung-hwan, is poised
On October 10, 2023, South Korea’s Financial Services Commission (FSC) unveiled a significant development in the regulatory landscape of digital assets by announcing the formation of a Virtual Asset Committee. This new body aims to facilitate the approval process for spot crypto exchange-traded funds (ETFs) and is portrayed as a crucial advisory group for overseeing
In the dynamic world of cryptocurrency, Bitcoin stands as a bellwether for market movements, and its price fluctuations often send ripples across the digital landscape. Recently, the cryptocurrency space has been abuzz with discussions surrounding Bitcoin, particularly its struggle to maintain a stable price above the $60,000 mark. This article delves into recent on-chain data
The world of cryptocurrency investing is notorious for its volatility and unpredictability. Bitcoin, the flagship cryptocurrency, often serves as a bellwether for the entire market. Recent analyses indicate that Bitcoin’s price could be returning to a familiar situation that mirrors past behavior, particularly in light of market sentiments and fractal patterns observed in previous years.