Crypto Analysts’ Failed Predictions for Bitcoin in June Even the best in the business can get it wrong when it comes to predicting the movements of the cryptocurrency market. In June, three crypto analysts made inaccurate predictions regarding the price of Bitcoin (BTC).…
We Could Be Decades Away from Settling on the Ideal Regulatory Approach to Crypto MIT professor and general partner of Shima Capital, Yida Gao, believes that it may take decades to determine the best regulatory approach for the crypto industry. In an interview…
Binance Faces Setback as Germany Denies License Application Binance, the world’s largest crypto exchange, has been dealt a significant blow as Germany’s BaFin rejects its license application. This development poses a major setback for Binance’s operations in the country and highlights the regulatory…
About the Content: In this article, Yi He, the co-founder of Binance, shares her views on the regulatory scrutiny and legal challenges faced by the cryptocurrency exchange. She highlights the importance of regulation for investor protection and expresses respect for regulatory institutions. However,…
Coinbase’s International Marketplace Sees Strong Trading Volumes Coinbase, the cryptocurrency exchange that recently entered the offshore crypto derivatives market, has already seen impressive trading volumes. In just one week, the exchange recorded nearly $900 million in trading volumes, with daily volumes reaching around…
German Financial Regulator Rejects Binance’s Application for Cryptocurrency Custody License According to a report, the German financial regulator BaFin rejected Binance’s application for a cryptocurrency custody license. Germany’s financial authority has chosen not to grant Binance a custody license for cryptocurrencies. BaFin has…
Mastercard Launches “Multi Token Network” for Crypto Industry Mastercard has announced the launch of a new product called “Multi Token Network” (MNT), which will serve as a blockchain app store for hybrid solutions in the crypto sector. The platform aims to bridge the…
Bitcoin mining has become 3.26% easier as the difficulty level decreased on June 28. This adjustment was unexpected, as it was anticipated to increase due to higher hashrates and faster block intervals. However, a decrease in hashrate and slower block intervals caused the…
AlloyX Launches Real-World Asset Vault for DeFi DeFi protocol AlloyX has announced the launch of a real-world asset vault after securing a $2 million pre-seed funding round. The vault, created in partnership with Credix Finance, aims to provide access to real-world asset liquidity…