Police in Canada revealed they had conducted an investigation using blockchain surveillance software Chainalysis Reactor to combat crypto crime. The police discussed the situation with Sergeant Kevin Talbot of the Lethbridge Police Service (LPS) Economic Crimes Unit. Talbot has been trained in blockchain analysis, which is considered a significant advance for a smaller force like […]
California Governor Gavin Newsom has recently approved a new bill, the Digital Financial Assets Law, signaling a notable shift in his approach towards crypto regulation. The bill, set to take effect in July 2025, introduces stringent measures for individuals and businesses involved in crypto activities in the state. Under the bill, all crypto entities must […]
Regulation (MiCA). As of December 2024, MiCA is set to enforce standardized licensing and tighter Anti-Money Laundering (AML) protocols for crypto firms across the European Union (EU). However, members of the Electronic Money Association, including Revolut, PayPal, and several other crypto entities, are advocating for an 18-month transition period, which could potentially be subject to […]
Ethereum price has successfully rebounded from the $1,520 level against the US Dollar. Currently, ETH faces obstacles near the $1,565 and $1,600 resistance levels. Ethereum is making an attempt to undergo a recovery wave above the $1,550 mark. The price is presently trading just above $1,550, alongside the 100-hourly Simple Moving Average. A significant bearish […]
The XRP community is abuzz as Ripple’s network achieves a significant milestone, but what does this mean for its price? Let’s dive in. Summary: The XRP Ledger has recently witnessed a remarkable surge, boasting nearly 5 million accounts and approximately 60 billion XRP tokens held within these accounts. Despite this growth, it’s important to note […]
ProShares, a prominent investment firm, is all set to launch an innovative financial product known as the Short Ether Strategy ETF (SETH). This move comes shortly after the introduction of the first Ethereum futures ETFs by ProShares, marking an intriguing development in the crypto investment landscape. Scheduled for trading on the NYSE Arca exchange, the […]
The latest data from DappRadar highlights that blockchain gaming attracted even more users, with a notable 12% surge compared to the previous quarter. This positive trend signifies the growing interest in this innovative gaming space. Despite its ongoing popularity, Web3 gaming encountered a decline in market share for the fourth consecutive quarter, accounting for only […]
Bitcoin, a prominent cryptocurrency, has recently witnessed a surge in its annualized funding rate, hitting a two-month peak of over 7.5%. This rate essentially represents the cost of holding a position in Bitcoin, which significantly influences how traders engage with the market. The spike in the funding rate could potentially attract more traders, leading to […]
JPMorgan in its latest research revealed that the Bitcoin (BTC) mining industry is at a difficult time. This is due to several factors that can burden the Bitcoin mining industry. One of them is the approval of a Bitcoin ETF that could catalyze a rally against the backdrop of record hashrate and block reward halving […]
The Prime Minister of the Bahamas, Philip Davis, has expressed his strong support for the digital asset industry, emphasizing its long-term viability. Despite critics who have raised concerns about the industry, he believes it’s here to stay. Speaking at the D3 Bahamas conference, Davis stated that the Bahamas will continue to play a pioneering role […]