Bitcoin Dips Below $68,000 Amidst Macroeconomic Uncertainty
The cryptocurrency market is experiencing significant downturns, with Bitcoin falling below the $68,000 mark as traders await key economic data releases.
1 min read
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Latest news from the Web3 ecosystem
Animoca Brands Obtains Dubai License for Middle East Expansion
Animoca Brands has secured a crypto asset license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling it to offer services to institutional and qualified investors in the region.
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Animoca Brands Secures Dubai License for Digital Asset Operations
Animoca Brands has obtained a key license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling the company to offer a range of digital asset services within the emirate.
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OKX Secures Maltese License for EU Stablecoin and Crypto Card Growth
OKX has obtained a Payments Institution license in Malta, positioning the crypto exchange for expanded stablecoin and crypto card services across the European Union ahead of upcoming regulatory deadlines.
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CZ and Industry Leaders Highlight Privacy as Key Hurdle for Crypto Adoption
Binance CEO Changpeng Zhao, or CZ, has reiterated concerns raised at Consensus, identifying a significant lack of privacy as a major impediment to widespread cryptocurrency and blockchain adoption for both individual users and institutions.
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Russia's Daily Crypto Turnover Exceeds $650 Million, Finance Ministry Reports
Russia's Ministry of Finance has reported that the country's daily cryptocurrency turnover has surpassed $650 million. This significant figure underscores the substantial engagement with digital assets within the nation.
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Crypto Firm's Strategy Aims to Withstand Bitcoin's $8,000 Plunge
A prominent crypto firm has outlined a strategy designed to ensure its solvency even if Bitcoin's price plummets to $8,000, while also planning to address its substantial debt.
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OKX Secures EU Payment License for Stablecoin Expansion
OKX has obtained a payment institution license in Malta, paving the way for expanded stablecoin services across the European Union, including payments and card offerings.
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Quantum Computing Threat Looms Over Bitcoin's Value Proposition
Onchain analyst Willy Woo suggests that the growing awareness of quantum computing's potential impact is influencing market perceptions of Bitcoin, challenging its historical performance against gold.
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Digital Asset Funds Face Fourth Consecutive Week of Outflows
Digital asset investment funds experienced $173 million in net outflows last week, marking the fourth consecutive week of outflows as major cryptocurrencies saw price declines.
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Bitcoin Eyes $75K Amidst Liquidation Activity and Price Wicks
Bitcoin's price action is under scrutiny as liquidations and price movements below $60,000 offer clues for its next major directional shift on shorter timeframes.
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Ether Stabilizes Above $2,000 Amidst Broader Market Volatility
Ether shows resilience, recovering towards the $2,000 mark following a significant weekend sell-off, while the wider cryptocurrency market continues to face pressure.
1 min read