Recently, the Estonian government announced a significant shift in crypto oversight by passing legislation that will transfer regulatory authority to the Financial Supervision Authority (FSA) starting in 2026. This move aims to bring local crypto service providers under stricter regulations in order to better manage the emerging market. The proposed bill includes provisions to enhance
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XRP price recently rebounded from the $0.5680 support level and has started to show signs of an upward trend. The bulls are now eyeing a move towards the key resistance at $0.700. XRP found support near $0.5680 and initiated a recovery wave above $0.60. The price is currently trading above $0.620 and the 100 simple
In the recent crypto market, there has been a significant wave of liquidations totaling nearly $300 million, coinciding with a sharp rise in Bitcoin’s value to over $67,000. This sudden increase in Bitcoin’s price took many traders by surprise, particularly those who had placed bets on the market continuing its downward trend. Data provided by
Bitcoin recently experienced a striking retrace in its price, dropping from $73,000 to $61,000. However, as Wednesday came to a close, the cryptocurrency witnessed a significant recovery, climbing back up to $67,000. This sudden resurgence has sparked optimism within the cryptocurrency community, with many believing that a bullish trend may be on the horizon. Despite
The newcomer AI-integrated security token and meme coin known as $SCOTTY The AI made its debut on the decentralized exchange Uniswap to great fanfare. Starting at a price of $0.01 per token, it quickly surged to $0.02597 within half an hour of its launch, marking a significant increase of approximately 150%. Prior to its official
BlackRock, a prominent asset management firm, has chosen Coinbase as the primary infrastructure provider for its innovative tokenized investment fund, known as the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund is designed to provide investors with a stable value of $1 per token, along with daily accrued dividends that are directly deposited into
The recent movement in the price of Ethereum has shown signs of recovery as it started a decent wave from the $3,050 zone. Currently, ETH is trading above $3,350 and the 100-hourly Simple Moving Average, indicating a positive momentum in the market. There was also a break above a major bearish trend line with resistance
Uzbekistan’s National Agency for Prospective Projects (NAPP) has recently declared a significant change in the fee structure for individuals involved in the crypto market within the country. This decision, made on March 19, 2024, is expected to lead to a doubling of revenue in the sector. The objective behind revising the fee structure is to
In a recent development, the Commodities and Futures Trading Commission (CFTC) has given the green light to Coinbase Derivatives Exchange to list futures contracts tied to Dogecoin (DOGE), Bitcoin Cash (BCH), and Litecoin (LTC). This move marks a significant step forward for the cryptocurrency market, as these new listings are set to go live and
As the United States Securities and Exchange Commission (SEC) Chair Gary Gensler faces increased scrutiny over his leadership, the recent hearing by the U.S. House Committee on Financial Services (HCFS) highlighted various concerns regarding the agency’s direction. Members of the committee expressed significant concerns about the SEC’s rapid implementation of new rules and insufficient comment
