Cryptocurrency exchange Bybit has obtained a licence to operate in Cyprus, allowing it to offer a range of services including trading and custody solutions. Cyprus is seen as a thriving hub for cryptocurrency activities, with a supportive regulatory environment and a growing community…
The police in Shanghai have dismantled a cross-province drug trafficking gang in China and uncovered a network of software contacts and cryptocurrency payments used to cover their tracks. Drug users and traffickers utilized “overseas social software” to establish contact, while payments were made…
Bitcoin has seen a surge in its price, surpassing the $30,000 mark and reaching $30,322. However, its future performance could be influenced by a series of significant events in the upcoming week. Analyst Michael van de Poppe highlights key financial announcements and testimonials…
HSBC, the largest bank in Hong Kong, has become the first bank in the city to offer cryptocurrency services to its customers. Customers can now buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange through HSBC. This move aims…
The adoption of bitcoin as legal tender in El Salvador in 2021 generated global interest and now other nations are following suit, potentially signaling a global trend. Liechtenstein recently announced plans to accept bitcoin as payment for government services, while Bhutan has been…
Bitcoin emerged in 2008 with the publication of the whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” by Satoshi Nakamoto. Nakamoto’s concept introduced the idea of a decentralized digital currency, eliminating the need for intermediaries like banks. The revolutionary nature of Bitcoin quickly attracted…
The crypto market sentiment has experienced a notable upswing in recent weeks due to the filing of spot Bitcoin exchange-traded fund (ETF) applications by institutional investors. This has boosted confidence among market participants and driven crypto prices to new multi-month highs. The trend…
The bear market in the crypto industry has been longer than expected, with factors such as the SEC, the collapse of Voyager, Terra, FTX, and others contributing to its prolonged duration. Despite this, people are still searching for opportunities to earn passive income…
Michelle Bowman, a governor of the Federal Reserve System, has expressed concerns about the risks faced by financial institutions due to uncertainty surrounding digital assets and rising interest rates. During her speech at the Salzburg Global Seminar, she emphasized the need for increased…
