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Crypto – Page 112 – DIGIT INFO

Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval

Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished. SFC … Read more

JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold

JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in … Read more

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, … Read more

Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar

Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards: Treasury Should Buy Gold to Avoid … Read more

Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing

The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the high extraction costs and the time needed for developing new mines. Upcoming Silver Supply Crunch Might … Read more

Binance Has Not Complied With 86% of Israel’s Account Block Requests

Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts referenced did not appear to be involved in illicit activities, as determined by Binance’s investigations. These statements … Read more

Memecoins Skyrocket As Vitalik Buterin Sells Off Tokens And Supports TornadoCash Developers

The memecoin craze continues to dominate the crypto world, with Ethereum-based $PEPE seeing unprecedented growth as it nears 290,000 holders. Meanwhile, Solana memecoins are also gaining traction, with their total market cap surging to a massive $8.70 billion. 🚨 LATEST: @Solana memecoins Market Cap has surged to $8.70 billion. Top 3 memecoins now exceed $1 … Read more

TRON Network Emerges As The Fastest Blockchain, Driven By Stablecoins

Recent on-chain data analysis reveals that the TRON network is currently the fastest blockchain in terms of transactions per second (TPS), largely fueled by stablecoin activity. A comparative visualization of major blockchains—including Bitcoin, Ethereum, TRON, and Polygon—shows TRON consistently leading in transaction volume. With an impressive TPS rate of 85, TRON outperforms its competitors significantly, … Read more

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