Crypto

Source: Bitcoinist Ethereum is struggling to break through key resistance levels, even after the recent crypto market surge led by Bitcoin. While ETH’s price remains under pressure, there’s encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, reinforcing its position as a major player in the DeFi…

Source: Bitcoinist Centralized cryptocurrency trading platform Kraken has again refuted the US Securities and Exchange Commission’s (SEC) allegations that the exchange sold digital assets that qualify as unregistered securities. Kraken vs. SEC, A Battle Of Legal Definitions In its response, the San Francisco-headquartered exchange insisted it had not violated federal securities laws. Specifically, the exchange…

Source: Coin Tegraph 2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire. Read Full Article

Source: Bitcoinist The on-chain analytics firm Santiment has explained how this could be the signal that leads into the next bull run for Bitcoin. Bitcoin Miner Supply May Hold Key To Start Of Next Bull Rally In a new post on X, the analytics firm Santiment has discussed the trend in the “Supply held by…

Source: Coin Tegraph First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins. Read Full Article

Source: Bitcoinist Hong Kong is considering changes to its cryptocurrency regulatory framework, particularly concerning over-the-counter (OTC) virtual asset trading services. The Securities and Futures Commission (SFC) may play a larger role in overseeing the sector, working alongside the Customs and Excise Department (C&ED), according to a recent report from the South China Morning Post. Hong…

Source: Bitcoinist The US Department of the Treasury sanctioned a Cambodian mogul and his businesses for their role in crypto-related human trafficking operations. The magnate’s companies have been investigated for their serious human rights abuse related to trafficking crimes and online scams for the past two years. US Sanctions Cambodian Senator On Thursday, the US…

Source: Bitcoinist Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors. This sharp decline could have significant repercussions for the meme coin’s price, especially as Shiba Inu has been under severe downward pressure in the last few months. Shiba Inu Whale…

Source: Coin Tegraph New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States. Read Full Article

Source: Bitcoinist Bitcoin’s market is experiencing a surge in positive sentiment, with enthusiasm from crypto enthusiasts reaching a new height as the largest digital asset undergoes a brief price recovery, raising the possibilities for more price growth in the short and long term. Bitcoin’s Positive Market Sentiment On The Rise In a recent data report…