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Bitcoin Faces Significant Sell-off and Possibility of a Pullback to $38K Amid Market Uncertainty

December 13, 2023

SummaryBitcoin, the leading cryptocurrency, is currently undergoing significant sell-offs, exhibiting signs of a market dip with the potential of pulling back to $38K. This downturn follows the recent transfer of …

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El Salvador's Bitcoin Bonds and Freedom Visa Initiatives Show Promising Start

December 13, 2023

El Salvador's upcoming Bitcoin bonds, highly-anticipated financial instruments, have secured regulatory approval for a 2024 launch, according to the country's National Bitcoin Office (ONBTC). The bonds, described as a pivotal …

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SEC Serves Richard Heart with Lawsuit Over Alleged Fraud

December 13, 2023

The U.S. Securities and Exchange Commission (SEC) has served Richard Heart, founder of blockchain projects PulseChain and HEX, with a lawsuit. The lawsuit alleges Heart of fraud and unregistered securities …

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BlackRock Revises Bitcoin ETF Structure to Enable Wall Street Banks Participation

December 13, 2023

Global asset management titan, BlackRock, has modified its Bitcoin exchange-traded fund (ETF) model to enable easier access for Wall Street banks. The amendment allows the creation of new shares in …

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Learn Concept: Understanding Regulatory Impacts on Cryptocurrencies

December 13, 2023

With the rise of digital currencies, many countries are implementing regulation policies to mitigate risks and create a safer ecosystem for cryptocurrency use. For example, increased Senate support has been …

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S&P Global Ratings Reveal Stability Assessment of Major Stablecoins

December 13, 2023

S&P Global, widely known for the S&P 500 Index, announced the launch of a new stability assessment for different stablecoins, ranking USD Coin (USDC), Gemini Dollar (GUSD), and Paxos' Pax …

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Elizabeth Warren's Crypto AML Bill Stirring Controversy, Unlikely to Pass

December 12, 2023

Support is growing in Congress for the Digital Asset Anti-Money Laundering (AML) Act proposed by Senator Elizabeth Warren, but it's been noted that most bills sponsored by the senator don't …

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Two-Month Extension for Do Kwon's Custody in Montenegro

December 12, 2023

Terraform Labs co-founder, Do Kwon's stay in Montenegro has been extended by two months. The action comes amid potential extradition of the crypto-tycoon to the United States or South Korea, …

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Celestia to Integrate with Polygon CDK for Data Availability in 2024

December 12, 2023

Celestia, a data availability solution, will integrate with Polygon's Chain Development Kit (CDK) in early 2024, ensuring more efficient data availability for Polygon-based networks. This integration could potentially help reduce …

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New Advanced Type-1 zkEVM Introduced by =nil; Foundation to Boost Ethereum's Security and Scalability

December 12, 2023

A recent significant development in the world of blockchain by the =nil; Foundation is the introduction of its proprietary Type-1 Zero-Knowledge Ethereum Virtual Machine (zkEVM), powered by autonomous circuit compiler …

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