Author: CryptooTimes
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter financial crimes. The rules mandated digital asset exchanges to register, adhere to anti-money laundering (AML) practices, […] Source link
For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in terms of the Argentinean and the Philippines peso. Source link
As a result of this significant development, the ether implied volatility curve, which shows market expectations of future volatility across different strike prices and expirations, flattened as 25-delta risk reversals hit YTD highs above 18%, and traders heavily bought $4000 calls for 24 May 2024 and 31 May, Presto Research analysts wrote in a note shared with CoinDesk. Source link
ETH prices topped $3,700 in an intraday high in early trading in Asia on Tuesday, May 21. It is the highest the asset has been since early April when it spiked to similar levels before dumping below $3,000 a week later. The massive 20% move has been triggered by renewed hopes that the US Securities and Exchange Commission will approve the first spot ETH ETF from VanEck on May 23. It is the largest 24-hour move for ETH for more than a year and it has pulled the rest of the crypto market up with it. Total market cap is…
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following is a comprehensive overview of what […] Source link
Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC. Source link
Ether (ETH) surged 10% on Monday in the span of a few minutes following credible rumors that the asset could receive its own spot ETF in the United States within days. ETH traded for $3150 on Monday at 17:44 UTC, before surging to $3450 within 25 minutes. This followed a tweet from Bloomberg ETF analyst Eric Balchunas at 17:20 UTC that he and his partner, James Seyffart, were upping their odds of ETH ETH approval this month from 25% to 75%. “Hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone…
David Bailey, CEO of Bitcoin Inc., took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoin.com’s COO, Jason Sheman. The conversation delved into the lessons learned from past mistakes, the strategic pivot to Bitcoin, the Bitcoin Conference, Bitcoin Layer twos, and stablecoins on Bitcoin. Bitcoin Asia Conference Highlights: […] Source link
A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them. Source link
TL;DR The upcoming US presidential elections feature Trump vs. Biden, with Trump leading in recent polls. Charles Hoskinson criticized both nominees but endorsed independent candidate Robert F. Kennedy Jr. for his friendly stance on the digital asset industry. Cardano’s founder believes the pro-crypto vote will be crucial, suggesting that millions of Americans support the sector. ‘Crypto is the Decider’ The US presidential elections are scheduled for November this year and promise to be quite contested. The Republicans’ candidate is the former president Donald Trump, while the Democrats’ nominee is the current political leader of the nation – Joe Biden. Recent…
