Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Go to Source
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Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain … Read more
What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Go to Source
eToro US to cease nearly all crypto trading following SEC settlement
The trading platform agreed to pay $1.5 million as part of the settlement with the SEC. Go to Source
Bitcoin price slips from $58K as US PPI, jobless claims surprise
Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast. Go to Source
Turkey’s $200 limit on cash payments: What does it mean for crypto?
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%. Go to Source
Coinbase launches ‘cbBTC’ wrapped Bitcoin digital asset
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York. Go to Source
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography … Read more
UK Bill Recognizes Digital Assets as Personal Property Under New Law
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions … Read more
Analysts Anticipate Altcoin Outperformance and Bullish Q4
Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They discussed altcoin market capitalization growth, bitcoin’s declining dominance, and speculative exhaustion in altcoins as key indicators of this trend. Analysts … Read more