ValueZone London, England, May 03, 2024 (GLOBE NEWSWIRE) — In the ever-changing world of cryptocurrency trading, traders need automated tools if they hope to make the most of the digital asset boom. Cryptocurrencies such as Bitcoin have been valued at around $60,000 recently and interest in these digital assets has never been higher. This trend has brought
The cryptocurrency market is showing recovery signs after its recent correction, following the four-month prison sentence for Binance chief Changpeng Zhao (CZ). Bitcoin (BTC) has reclaimed the $59,000 level, and the global crypto market cap has risen by 2.7% in the last 24 hours to $2.32 trillion. With that said, let’s look at three crypto
The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in the crypto sphere were actually
Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defense Secretary Lloyd Austin and Treasury Secretary Janet Yellen, sent on May 1, the senators have urged the Biden administration to detail the possible ties between the Iranian
The largest U.S. cryptocurrency exchange posted first-quarter revenue of $1.6 billion, a 72% increase quarter on quarter. Reported net income for Coinbase was $1.18 billion (or $4.40 per share) and was fueled by a boost in transactions, thanks to the wider crypto market’s upswing, and by a favorable change to crypto accounting rules. Consumer transaction
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $59,000 mark, trying to recover the losses it made earlier this week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens as the overall Market Fear
The 10 U.S. spot Bitcoin exchange-traded funds continue to unravel. On Wednesday, outflows were recorded from every ETF for the first time, amassing the greatest losses since trading began in January, with $563.7 million exiting the funds, according to CoinGlass data. The latest figures continue an almost two-month decline. In the past four weeks, the
The crypto industry is littered with former regulators, typically serving as legal counsel at top companies or advisors on political lobbying. More rare is a regulator serving as an investor at a venture firm, let alone a founding partner, with the exception of former Department of Justice prosecutor Katie Haun. Matthew Homer, previously a senior
If you ask ChatGPT, the popular artificial intelligence (AI) chatbot, about the most feasible investing option one could explore as a high-risk investor, it promptly asks you to put your money in cryptocurrencies, among other options. Not only does it suggest investing in cryptos, but it also shares with the inquisitive user the key reason
The European Parliament has passed stringent AML regulations affecting the crypto industry, mandating enhanced KYC and AML practices, with oversight by the newly established AMLA. In a significant development, the European Parliament has approved a comprehensive set of regulations aimed at strengthening the Anti-Money Laundering (AML) and counter-terrorism financing framework. This move has profound implications