Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect
May 10, 2024 17:43 pm UTC| Technology Digital Currency
Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...
South Korea Sets to Implement Crypto Delisting Under New Regulations
May 10, 2024 13:31 pm UTC| Technology Digital Currency
South Koreas Financial Supervisory Service has announced a forthcoming regulation that mandates the delisting of several cryptocurrencies. This move, set to take effect with the Virtual Asset User Protection Act in July,...
Binance and KuCoin Gain FIU Registration in India
May 10, 2024 13:24 pm UTC| Technology Digital Currency
In a significant move towards regulatory compliance, Binance and KuCoin have been officially registered with Indias Financial Intelligence Unit (FIU). This registration signals a major shift in the Indian cryptocurrency...
FxWirePro- BTCUSD Daily Outlook
May 10, 2024 12:03 pm UTC| Technicals Digital Currency
BTCUSD showed a minor pullback on rate cut hopes. It hit a low of $63876 at the time of writing andis currently trading around $63038. The dismal US jobless claims increased the chance of a rate...
FxWirePro- Ethereum Daily Outlook
May 10, 2024 11:56 am UTC| Technicals Digital Currency
ETHUSD holds above $3000 on upbeat market sentiment. It hit a high of $3058 at the time of writingand is currently trading around $3021. Grayscale CEOsaid: We are just a couple of weeks away from seeing the SECs first...
FxWirePro- ARUSD Daily Outlook
May 10, 2024 11:19 am UTC| Technicals Digital Currency
Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever. Proof of Access- Arweaves consensus mechanism is based on Proof...
Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC
May 10, 2024 04:44 am UTC| Technology Digital Currency
At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...