South Korea’s Financial Services Commission (FSC) has expressed concerns regarding domestic securities firms brokering overseas-listed Bitcoin exchange-traded funds (ETFs). In a notice issued on January 12, the regulator highlighted potential violations of local laws, specifically the Virtual Asset User Protection Act and the Capital Markets Act. This article examines the FSC’s warning and its implications
The recent approval of the Bitcoin spot ETF in the US has ignited a surge in cryptocurrency prices. Ethereum Classic (ETC), in particular, has seen a remarkable rally, soaring over 50% in the past seven days. After months of stagnation around $20, ETC is now hovering around $29.45, inching closer to reclaiming the $30 mark.
Poldo Token, a Polygon memecoin that leverages the viral potential of Polygon’s dog mascot, experienced a staggering +35,000% price explosion overnight. While the surge in DEX-traded tokens in recent months has garnered significant attention, it’s crucial to evaluate the red flags that have emerged in Poldo’s price analysis. The initial price action of Poldo token
Crypto expert Anthony Sassano has presented an optimistic outlook for the Ethereum ecosystem, suggesting that Ethereum (ETH) could reach a new all-time high (ATH) this year. According to Sassano, ETH has the potential to hit $10,000 if the Ethereum Spot ETF hype were to escalate. The Securities and Exchange Commission (SEC) is expected to approve
The much-anticipated debut of 11 spot Bitcoin exchange-traded funds (ETFs) on the US stock markets was far from uneventful. The first trading day was marked by significant price movements, resulting in both a multi-year peak and a massive dump. While the primary cryptocurrency received long-awaited recognition and validation from the US Securities and Exchange Commission
Cardano, one of the leading blockchain platforms, has recently released a report showcasing its latest updates and improvements. The team behind Input Output Global (IOG) has been working tirelessly to enhance the performance and scalability of the network. These developments have sparked regained bullish momentum for Cardano in the crypto market, with ADA’s price reaching
Vendetta Games’ flagship game, Chalk River Metaverse, is revolutionizing the wild-west genre by merging it with NFTs and web3 technology. As the game prepares for its upcoming token generation event, there are numerous exciting developments to discuss, including the highly successful NFT drop and the anticipation for the TGE. This article provides an in-depth guide
Crypto aficionados should have more reasons now to be upbeat. Samson Mow, a prominent figurehead and former CSO at Blockstream, has recently made a bold prediction for the king of digital currencies. Mow envisions a colossal price surge, dubbed the “Omega Candle,” leading to a staggering milestone of $1 million per coin. This audacious prophecy
Gas Hero, developed by Find Satoshi Lab, has emerged as a prominent NFT trading platform on the Polygon network. This innovative platform allows users to engage in the trading of various items, including characters, weapons, pets, and more, all in the form of NFTs. The success of Gas Hero is evident from its staggering trading
In recent times, the prevalence of hacking incidents has become a growing concern for the cryptocurrency community. One of the most prominent cases involved the major crypto data aggregator, Coingecko. Hackers managed to gain control over Coingecko’s official X accounts, leading to the promotion of a fake token launch and airdrop. This article aims to