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10 months, 1 week agoUpbit Singapore Secures MPI License, Plans Service Expansion
South Korean crypto exchange, Upbit, has secured a Major Payment Institution (MPI) license for its Singapore branch, Upbit Singapore, from the Monetary Authority of Singapore (MAS). The announcement was made on…
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10 months, 1 week agoCFTC Report Highlights Accountability Challenges in Decentralized Finance Sector
The United States Commodity Futures Trading Commission (CFTC) has published a comprehensive report outlining the challenges decentralized finance (DeFi) is currently facing. The report underscores the urgent need…
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10 months, 1 week agoSpot Bitcoin ETFs May Trade at 8% Premium, Predicts GTS Executive
Reggie Browne, Co-Global Head of ETF Trading and Sales at GTS, recently shared his predictions on the potential trading dynamics of spot Bitcoin exchange-traded funds (ETFs) in an interview with Bloomberg. Browne…
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10 months, 1 week agoUBS and Credit Suisse Plan More Job Cuts Amid Integration Process
In a surprising turn of events, UBS is set to continue its job cuts at Credit Suisse in 2024, with a reported 35,000 people being cut from the combined workforces. By the third quarter of 2023, only 13,000 of these…
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10 months, 1 week agoJTC Token to be Listed on BitMart, Enhancing Legal Recourse in Crypto
Standard Chartered, a multinational banking firm, has projected a potential surge in Bitcoin’s value to nearly $200,000 by late 2025. This prediction is based on the anticipated success of Bitcoin exchange-traded f…
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10 months, 1 week agoFinancial Giants Fuel Bitcoin ETFs, Signaling New Era in Cryptocurrency
Financial giants BlackRock, VanEck, and Pantera Capital have made significant investments in Bitcoin ETFs, indicating a strong institutional confidence in the cryptocurrency market. These strategic investments…
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10 months, 1 week agoStandard Chartered Predicts $200K Bitcoin; Meme Moguls Enters Crypto Space
As anticipation builds in the crypto world over the potential approval of spot Bitcoin ETFs in the US, major players are making bold predictions. Banking giant Standard Chartered has forecasted a staggering…
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10 months, 1 week agoSEC's Swift Response Sparks Debate on Bitcoin ETF Approval Timeline
As the deadline for the approval of several spot Bitcoin ETFs approaches on January 10, the US Securities and Exchange Commission (SEC) has stirred up a debate within the crypto community. The SEC has sent new…
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10 months, 1 week agoBitcoin Pioneer Foresees Million Dollar BTC and Potential Disruptions
Bitcoin pioneer and CEO of JAN3, Samson Mow, has expressed his belief that the price of one Bitcoin (BTC) will eventually reach a million dollars. However, he also warns that if this happens too quickly, it could…
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10 months, 1 week agoSwiss National Bank Reports Loss, Halts Payouts for Fiscal Year 2023
The Swiss National Bank (SNB) is set to report a loss of around 3 billion Swiss francs for the fiscal year 2023, according to provisional calculations released on Tuesday. This follows a trend from the previous…
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10 months, 1 week agoBitcoin Leads Recovery Amid Anticipation of Spot ETF Approval in US
The approval of spot Bitcoin ETFs in the United States appears to be inevitable. This comes after the US Securities and Exchange Commission (SEC) has taken civil actions to weed out the majority of rogue players,…
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10 months, 1 week agozCapital Pushes for Voting Rights Change at Baloise's General Meeting
The Basler Insurance Group, Baloise, is facing a potential change in its voting rights restriction. The Swiss asset manager, zCapital, intends to abolish the existing voting and registration restriction of 2…
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10 months, 1 week agoSolana Reports Growth in Developer Activity Amid Price Rally
The Solana SOL ecosystem has reported over 2,500 monthly active developers, as per recent data from the Solana Foundation. A report released on Jan. 9, 2023, stated that the network had maintained between 2,500 and…
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10 months, 1 week agoSwiss Financial Regulator's Absolute Power Threatens Market Stability
Switzerland’s financial markets regulation is under scrutiny due to its dysfunctional regulatory framework. Unlike the United States, which has a functional regulatory framework with proper checks, balances, and e…
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10 months, 1 week agoCrypto Mining Firms Outpace Tech Giants in US Trading Volumes
Crypto mining firms experienced strong trading volumes on American exchanges on Monday, with some mining shares even surpassing well-known U.S. tech giants. The combined trading volume of four mining firms — M…
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10 months, 1 week agoCleanSpark to Boost Bitcoin Mining Capabilities with Bitmain S21 Purchase
United States-based Bitcoin miner, CleanSpark Inc., is preparing to significantly enhance its mining capabilities. The company has plans to purchase up to 160,000 Bitmain S21 miners by the end of 2024. This…
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10 months, 1 week agoActivist Investors Intensify Campaigns, Financial Sector Becomes Prime Target
While the attack by US investment firm Hindenburg on the Indian Adani Group last year made the most headlines, many other activist campaigns have shaken the boardrooms of companies: from the British major bank…
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10 months, 1 week agoFormer SEC Chair Predicts Inevitable Approval of Bitcoin ETF
Former chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has stated that the approval of a spot Bitcoin ETF is “inevitable”. In a recent interview with CNBC, Clayton expressed his…
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10 months, 1 week agoFormer SEC Chair Foresees Inevitable Approval of Bitcoin ETFs
Former US Securities and Exchange Commission (SEC) chair Jay Clayton has expressed his belief in the inevitable approval of Bitcoin ETFs. Clayton, who served as SEC chair from 2017 to 2020, emphasized the…
