Crypto News Center

HKX joins growing list of crypto exchanges exiting Hong Kong

Hong Kong, Hong Kong, July 21st, 2024, Chainwire SoMon, a decentralized Web3 forum with a vision to create a space for user-owned content and connections, recently launched its app on Base and has already gained more than 300,000 on-chain transactions in 14 days since its launch, making it the most active and fastest-growing social app in the Web3 space. SoMon, short for Social Monster, allows users to monetize and create...

Altcoins See Window of Opportunity as Bitcoin Dominance Fails to Hit 62% Amid Extreme Greed

On Friday, November 15, Bitcoin’s (BTC) dominance — a metric tracking the cryptocurrency’s share of the overall market — showed readiness to climb to 65%. However, this scenario did not happen as Bitcoin’s price fell short of retesting $93,000, suggesting that the altcoin season cycle could be here. This stagnation seems to have created an opportunity for altcoins, which have lagged significantly behind BTC. The pressing question now is whether...

HSBC Australia Says Crypto’s Popularity with Scammers is Reason for Recent Block

HSBC Australia halts outbound payments to cryptocurrency exchanges, effective 24 July 2024. The bank cites scam-related losses and the irreversible nature of crypto transactions as reasons. Despite crypto’s use in crime, cash remains the preferred method for criminal transactions. As reported earlier, HSBC Australia has stopped customers from sending money to cryptocurrency exchanges. The sweeping change was made without prior notice and came as a surprise to customers. The bank...

SEC retargets Ripple’s XRP sales on exchanges, distributions of XRP to employees in Form C filing

The Commission does not dispute the $125 million fine imposed on Ripple Labs. Key Takeaways The SEC's appeal does not contest XRP's classification as a non-security but challenges other aspects of the ruling. The appellate court will conduct a de novo review of the SEC's claims against Ripple's XRP transactions. The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital asset platforms, executives’ sales, and...

Holiday-Shortened Week; Bitcoin Flirting With $100K

bitcoin flirts with $100K. (Photo Illustration by Justin Sullivan/Getty Images) Getty Images Key Takeaways Small Caps Surge 5%, Leading Broad Market Gains Last Week Earnings Forecast Up 5.8%, With Forward P/E Ratio High Light Trading Week Ahead With Key Data And Earnings Reports Stocks posted strong gains last week with small cap stocks again leading the way. The Russell 2000 jumped nearly 5%. That was followed by a 2% gain...

XRP on Fire: Bullish Signal & Potential $3.84 Surge

You are here: Home / News / Altcoin News / XRP on Fire: Bullish Signal & Potential $3.84 Surge XRP is showing strong bullish signals, with technical analysts predicting a significant price surge. A potential collaboration between Ripple and Cardano could unlock new opportunities and drive demand. The departure of former SEC Chair Gary Gensler could create a more favorable regulatory environment for XRP. XRP, the Ripple-backed token, is garnering...

£10 billion BSV investor class action lawsuit given green light in UK

A £10 billion BSV investor class action lawsuit against digital asset exchanges has been approved by the United Kingdom’s Competition Appeals Tribunal (CAT), making it one of the largest collective legal actions to be approved in U.K. history. The lawsuit is BSV Claims Limited v Bittylicious Limited & Others . Brought on behalf of over 200,000 BSV investors, it accuses a group of prominent digital asset exchanges—Binance, Kraken, Shapeshift and...

Top 4 Altcoins You Must Buy Before November Ends: DOGS, PEPE, WLTQ, BONK

With many altcoins showing promise, savvy investors are on the lookout for the next big opportunity this November. Among the myriad of options available, Dogs (DOGS), Pepe (PEPE), WallitIQ (WLTQ), and Bonk (BONK) stand out. Each of these tokens offers unique features and potential for growth, making them must-haves for your portfolio before the month concludes. WallitIQ (WLTQ): A Revolutionary Wallet Solution WallitIQ (WLTQ) is a groundbreaking decentralized wallet that...

3 Hidden Gem Altcoins Poised for Gains in August 2024

The crypto market has noted recovery over the past month, and it has resulted in many altcoins striking gains and taking top spots in their fields. BeInCrypto has curated these tokens to present three assets that could continue their growth in the next month. Undead Games (UDS)  Undead Games has seen a considerable rise this past month as it became a leading asset in the gaming sector. The protocol has...

Solana Outpaces Bitcoin in Gains: What Is Driving This Rally?

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...