Cryptocurrency Exchange KuCoin Introduces Mandatory KYC Rules Cryptocurrency platform KuCoin has announced that it will be introducing mandatory Know Your Customer (KYC) rules as it looks to embrace regulations. The KYC rules will kick in as early as next month, with customers required…
Insider Trading Rampant in Crypto Market, Study Shows A recent study conducted by Solidus Labs has revealed that insider trading in the cryptocurrency market is much more widespread than previously believed. The study focused on crypto assets listed on major platforms and exchanges…
An Exciting Development in the Ripple vs. SEC Legal Battle In an exciting development in the Ripple vs. SEC legal battle, attorney John Deaton has revealed evidence that casts doubt on the SEC’s “common enterprise” argument. Deaton, a respected lawyer known for his…
Ripple’s Token Price Starts Downside Correction Ripple’s token price is currently moving lower below the $0.488 support against the US dollar. It is trading below $0.48 and the 100 simple moving average (4 hours). On the 4-hour chart of the XRP/USD pair, there…
Binance’s EUR Banking Partner Withdraws Support Binance, the world’s leading cryptocurrency exchange, has received a setback as its current EUR banking partner, Paysafe Payment Solutions Limited, announced it will no longer support the exchange after September 25. Binance users will have to update…
The total assets under management for digital asset investment products have increased by 9.05% in June, reaching $33.4 billion. This represents a year-to-date growth of around 69.5%. Products offering exposure to Bitcoin specifically saw a 12.4% rise in assets under management, reaching $24.4…
Binance, the world’s largest cryptocurrency exchange, has reversed its decision to delist privacy-oriented cryptocurrencies in certain EU jurisdictions. Last month, Binance announced its intention to remove 12 privacy coins in France, Spain, Italy, and Poland due to local regulatory requirements. However, after receiving…
Ethereum Price Moves Toward $1,790 Ethereum is trading below the $1,880 resistance and the 100-hourly Simple Moving Average. A short-term bearish trend line is forming with resistance near $1,840 on the hourly chart. The price could decline further toward the $1,790 support in…
Wall Street’s Changing Attitude Towards Crypto Bitcoin was initially held in contempt by Wall Street elites, including Warren Buffett and JPMorgan Chase. Wall Street’s criticism of Bitcoin was due to its disruption of the traditional financial system. A new generation of investors, including…
