Binance Secures 21st Regulatory Approval: Expands Reach in Latin America
Binance, the world’s largest cryptocurrency exchange, has achieved its 21st regulatory approval by acquiring a broker-dealer license in Brazil. This significant milestone highlights Binance’s growing influence in Latin America and its commitment to compliance on a global scale. Brazilian License: A Gateway to Latin America Binance has gained approval from
China Tightens Grip on Crypto with New Forex Rules
China has introduced stringent foreign exchange (forex) regulations aimed at curbing cryptocurrency trading and other financial activities deemed risky. The latest move underscores the nation’s ongoing efforts to tighten control over the digital asset industry, aligning with its longstanding anti-crypto stance. New Forex Rules Target Crypto Transactions At the close
Bitcoin Drops Below $92,000 Amid Profit-Taking and Macroeconomic Concerns
Bitcoin (BTC) has seen a sharp decline, dipping to $91,800, a level not seen since early December, as investors take profits following its meteoric rise earlier this month. A combination of profit-taking and a challenging macroeconomic environment is weighing heavily on the crypto market, causing volatility as the year ends.
MicroStrategy Acquires 2,138 Bitcoin, Strengthens $41.5B Crypto Holdings
MicroStrategy, a leader in business intelligence and a major Bitcoin investor, has added 2,138 Bitcoin to its portfolio in a $209 million purchase. The company’s holdings now total 446,400 BTC, valued at approximately $41.5 billion based on current market prices. The announcement, made on 30 December, detailed that the coins
XRP Leads Crypto Losses Amid Strong Dollar Pressure
The cryptocurrency market experienced a sharp downturn as the US dollar strengthened, impacting both traditional and digital assets. XRP spearheaded the decline, sinking over 5% in 24 hours, with major tokens like Bitcoin (BTC), Ether (ETH), and Solana (SOL) also suffering losses. XRP and Marketwide Losses XRP saw the steepest
Crypto Market Cools Down: Trading Volume Plummets 64%
The 2024 crypto market appears to have run out of steam, with market activity dropping sharply. A confluence of seasonal trends, reduced retail interest, and volatile trading has brought trading volumes to their lowest in seven weeks. Trading Volumes Sink Amid Volatility Recent data from Santiment reveals a significant 64%
Bitcoin Eyes Yearly Close as Q4 Gains Surpass 50% Amid Liquidity ‘Games’
Bitcoin’s Price Climbs Towards $95K Bitcoin (BTC) is trading near the $95,000 mark as it approaches the end of December, with traders observing liquidity “games” influencing the market across exchange order books. Despite recent downside volatility during the final Wall Street trading session of the week, Bitcoin has managed to
Top Cryptocurrencies to Watch for the 2025 Golden Bull Run
As anticipation for the 2025 “Golden Bull Run” builds, crypto enthusiasts and analysts alike are eyeing a parabolic rise in prices. With Bitcoin (BTC) potentially hitting $200,000 and altcoins gaining prominence, the stage is set for a transformative period in the crypto market. Here are the top cryptocurrencies to consider
Bitcoin Risks $80,000 Dip Amid Potential ‘Head and Shoulders’ Pattern, Warns Analyst
Bitcoin (BTC) could face a significant correction to $80,000, according to renowned market technician Aksel Kibar. The prediction comes as the cryptocurrency struggles to regain momentum after failing to sustain the $100,000 support level last week. Potential Uptrend Reversal Pattern Kibar highlighted the emergence of a potential head-and-shoulders (H&S) pattern
Russia Embraces Bitcoin for Global Trade
As Western sanctions tighten their grip on Russia, the country is turning to Bitcoin and other cryptocurrencies to settle international trade payments. This move, confirmed by Russian Finance Minister Anton Siluanov, highlights the growing role of digital assets in bypassing geopolitical restrictions. Circumventing Sanctions with Bitcoin Russia has faced stringent
