Business

21 February

KuCoin Seeks EU Compliance, Files MiCA Application in Austria

Leading cryptocurrency exchange KuCoin is taking a significant step toward regulatory compliance in Europe by filing for a Markets in Crypto-Assets (MiCA) license in Austria. This move aligns with the European Union’s new crypto regulations, aimed at creating a standardized framework for digital asset platforms operating within the region. KuCoin’s Push for Regulatory Approval By applying for a MiCA license, …

21 February

Altvest Capital Dives into Bitcoin: South African Firm Joins Institutional Crypto Wave

In a landmark move for South Africa’s financial sector, Altvest Capital has made its first Bitcoin investment, signaling a growing shift among institutional investors toward cryptocurrency. The decision aligns Altvest with a broader global trend of traditional firms integrating Bitcoin into their portfolios as a hedge against inflation and a bet on digital assets’ long-term value. Why Altvest Capital Is …

21 February

”Javier Milei-Linked Libra Token Hit by $99M Team Wallet Exodus: Report”

A new controversy has erupted in the crypto space as reports suggest that $99 million worth of Libra Token, a cryptocurrency linked to Argentinian President Javier Milei, was withdrawn from team-controlled wallets. The sudden outflow has raised concerns about the project’s transparency, prompting speculation about insider activity and its potential impact on investors. What Happened? According to blockchain analytics reports, …

21 February

Ross Ulbricht Pushes for Clemency for ‘Bitcoin Jesus’ Roger Ver Amid Tax Evasion Case

Ross Ulbricht, the imprisoned founder of Silk Road, is advocating for clemency for Roger Ver, the early Bitcoin investor known as “Bitcoin Jesus.” Ver, who was recently detained in Spain over tax evasion charges, now faces extradition to the United States. Ulbricht’s public support adds a new twist to the high-profile case, drawing attention to issues of financial freedom and …

21 February

Franklin Templeton Launches ‘EZPZ’ ETF, Blending Bitcoin & Ethereum for Easy Crypto Exposure

Global asset management giant Franklin Templeton is making waves in the crypto space with the launch of its latest exchange-traded fund (ETF), ‘EZPZ’, designed to provide balanced exposure to Bitcoin (BTC) and Ethereum (ETH). The move underscores the growing institutional interest in digital assets and offers investors a simplified way to gain diversified crypto exposure. What Is the ‘EZPZ’ ETF? …

21 February

South Korea’s Tax Agency Probes Upbit and Altcoin Issuers in Crackdown

South Korea’s National Tax Service (NTS) has launched an investigation into Upbit, the country’s largest cryptocurrency exchange, along with several small-cap altcoin issuers. The probe is reportedly focused on tax compliance, potential illicit activities, and market manipulation concerns. This marks yet another regulatory push as South Korea tightens its oversight of the crypto industry. Why Is Upbit Under Investigation? According …

21 February

Canary’s Spot Litecoin ETF Hits DTCC List as SEC Decision Looms

In a major step toward potential approval, Canary’s Spot Litecoin ETF has been added to the Depository Trust & Clearing Corporation (DTCC) list, signaling growing anticipation for regulatory clearance from the U.S. Securities and Exchange Commission (SEC). The move suggests that market infrastructure is being prepared for the ETF’s possible launch, fueling speculation about broader institutional adoption of Litecoin (LTC). …

21 February

Litecoin Transactions Skyrocket to $9.6B Daily Amid U.S. ETF Buzz

Litecoin (LTC) is making headlines as daily transaction volumes surge to a staggering $9.6 billion, fueled by growing anticipation surrounding a potential U.S. ETF listing. On-chain data from Santiment reveals a sharp rise in LTC activity, sparking renewed interest from investors and traders alike. Litecoin’s Explosive Growth in Transactions Recent data highlights a remarkable increase in Litecoin’s transaction volume, marking …

20 February

Libra Meme Coin Wipeout: 86% of Traders Sell at a Loss, Losing $251M – Nansen

The hype around the Libra meme coin has turned into a financial nightmare for most investors, as new data from blockchain analytics firm Nansen reveals that over 86% of traders sold at a loss, resulting in $251 million in total realized losses. The staggering numbers highlight the risks of speculative meme coin trading, where rapid price swings often leave retail …

20 February

Montana Moves Forward: Bill to Approve Bitcoin as Reserve Asset Advances

Montana is taking a bold step toward Bitcoin adoption as the House Business and Labor Committee advances a bill that would allow the state to hold Bitcoin as a reserve asset. This move aligns with a growing trend of U.S. states exploring cryptocurrency-friendly policies to attract investment and embrace financial innovation. Bitcoin as a Reserve Asset: What the Bill Proposes …