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BTC Markets CEO sees silver lining in Australian banks’ crypto clampdown

Australian banks are heightening scrutiny on digital asset exchanges and restricting crypto payments due to rising scams and frauds. Caroline Bowler, CEO of BTC Markets highlights the challenges and opportunities faced by the industry in the country.

Blockchain is fast, direct and all too cryptic — can it reshape international aid?

As explored in the first installment of this two-part series, crypto funding is being used to provide small but important items to troops on the frontline. But beyond the battlelines, how can crypto help get aid to civilians in times of crisis?

Weekly Market Wrap: Bitcoin plunges under US$30,000 amid market turbulence. Is US$27,000 next? 

Bitcoin dips below US$30,000 and Ether loses ground as a mix of bleak sentiment, SEC suits and recent hacks test investor nerves.

Bitcoin price falls, heads for weekly loss; Ether flat, Matic leads gainers, Solana the losers

Bitcoin fell on Friday morning in Asia as other top 10 cryptocurrencies traded mixed. Bitcoin again slipped below support at US$30,000.

XRP triumphs over SEC, but crypto clarity remains in the shadows

Top blockchain and crypto news: Ripple not clear of hurdles | NFTs in historically slow period | Hong Kong banks dither

Alibaba’s home province of Zhejiang sets up metaverse industrial association

China’s Zhejiang province, the home province of e-commerce giant Alibaba Group,has established a metaverse industrial association.

Standard Chartered’s great expectations for Bitcoin in 2024

Top blockchain and crypto news: Standard Chartered eyes US$120,000 per Bitcoin | Another week of declines in NFT market | Sega and Line team up.

Bitcoin, Ether fall, Polygon leads losers; U.S. equities gain as inflation slows

Bitcoin dropped on Thursday morning in Asia to below US$30,500. Ether and most other top 10 non-stablecoin tokens also logged losses.

Crypto gets a boost following reports of Fidelity’s imminent Bitcoin spot ETF filing

Top blockchain and crypto news: Fidelity Investment is reportedly close to filing its own Bitcoin ETF. NFT traders seek liquidity. Singapore eyes asset tokenization.

Bitcoin dips but holds above US$30,000, all top 10 cryptos drop

Despite a slight dip in crypto prices, positive investor sentiment persists, buoyed by the potential of Bitcoin ETFs, rising institutional adoption, and recovery from regulatory concerns.

Bitcoin, other top 10 cryptos rise; Fidelity said to plan spot Bitcoin ETF application in U.S.

Bitcoin rose along with other major cryptocurrencies. Fidelity reportedly plans a second spot Bitcoin ETF application in the U.S. following BlackRock’s move earlier this month. A strong day on Wall Street also offered support.

Wall Street-backed crypto exchange a sign of lingering interest despite SEC’s crackdown

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.

Crypto in the time of cockroaches

An account of a holiday from hell draws parallel to the dark world of cybercrime and how anyone can fall victim to sophisticated crypto thefts.

Bitcoin below US$25,000; all top 10 cryptos fall

Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.

Bitcoin, Ether, top 10 crypto in red amid thinner trading, Fed warning of more rate hikes

Bitcoin fell below US$25,000 support at one stage, while other top 10 non-stablecoin cryptocurrencies dropped as the Fed warned of more interest rate hikes this year.

Bitcoin, Ether extend losses; XRP drops most among top 10 cryptos

Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.

XRP reverses gains after document release in SEC lawsuit vs Ripple

Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.

How American courts have become central to crypto law

To date, none of the 30-plus crypto bills in Congress have become law, so judges are stepping up to fill the void. What does this mean for crypto in America?

Bitcoin, Ether retreat; BNB leads gainers on U.S. court ruling, top 10 crypto mixed

Bitcoin trading remains stuck under the US$26,000 resistance line. Ether dips while other top 10 crypto were mixed.

Bitcoin edges up, but stuck under US$26,000; Ether slides with Solana, BNB; top 10 mixed

Bitcoin rose but failed to break through US$26,000. Ether slipped, while other top 10 crypto were mixed as SEC chair Gary Gensler doubled down on reasons for suing U.S. crypto exchanges.

Bitcoin falls below US$27,000; Ether, all top 10 cryptos slide amid SEC lawsuit fallout

The SEC lawsuits against Binance and Coinbase have sent alt coins tumbling. Binance’s BNB lost 15.7% over the past week.

Bitcoin little-changed around US$27,000, Ether treads water; Solana, XRP gain

Bitcoin, Ether traded little changed Monday morning in Asia, along with most other top 10 non-stablecoin cryptocurrencies. However, both Solana and XRP rose.
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Bitcoin, Ether in red, XRP lone gainer in top 10

A downturn impacted Bitcoin and Ether, along with the majority of top 10 non-stablecoin cryptocurrencies in Wednesday’s Hong Kong trading session. XRP remained the sole exception, maintaining its positive performance from the morning.

In battle to be Asia’s crypto hub, which city will emerge victorious?

Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China’s red carpet for metaverse investment.

XRP lone gainer among top 10 cryptocurrencies

Bitcoin and Ether fell during afternoon trading in Asia, along all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding XRP.

Bitget crypto exchange doubles down on expansion, to hire 300 more

Bitget is looking to hire 300 more people across operations, compliance, research and development, and customer support, the cryptocurrency exchange said.

Bitcoin slips below US$27,000, XRP leads gains in top 10 cryptos

Bitcoin prices dropped below US$27,000 on Wednesday afternoon in Asia, while XRP gained the most after positive news for Ripple Labs on its lawsuit against U.S. Securities and Exchange Commission.
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Israel confiscates suspicious Binance accounts allegedly linked to Islamic State: Reuters

Binance says it works closely with law enforcement to freeze funds and the news agency’s report left out “critical facts.”

Trump’s Series 2 sells out, tops daily NFT sales chart

Former U.S. President Donald Trump’s second set of NFTs sold out within the first 24 hours since launch, according to the project’s website.

Bitcoin reclaims US$30,000, Ether heads higher after grilling of SEC’s Gensler; Polkadot leads winners

Bitcoin rebounded above US$30,000 on Wednesday morning in Asia. All top 10 tokens rose after SEC chair Gary Gensler was criticized at a congressional hearing for his approach to digital assets.

Trump announces more NFTs but the first collection’s price tanks

Former U.S. President Donald Trump has announced a second drop of his NFT trading cards, but the first collection’s price is sinking.

Bitcoin fluctuates at US$30,000; Ether gains; Litecoin, XRP drop; U.S. equities fall on recession concern

Bitcoin dipped but held above US$30,000 in Thursday morning trading in Asia that saw mixed performances among the top 10 non-stablecoin cryptocurrencies.

Bitcoin slips but remains above US$30,000 ahead of U.S. inflation data

Bitcoin slipped in Wednesday afternoon trade in Asia but remained above the US$30,000 mark. Ether prices sank, along with all top 10 non-stablecoin cryptocurrencies by market capitalization, with Cardano and Dogecoin as the biggest losers.
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Weekly Market Wrap: Bitcoin stuck at US$28,000 amid signs of slowing economies

Bitcoin bounced around the US$28,000 mark as worries about bank failures were replaced by concerns about a recession in the U.S. Just for good measure, the IMF forecast the global economy will see its slowest growth in two decades.

Bitcoin, Ether dip; Dogecoin loses Twitter tailwind; U.S. equities drop on recession concerns

Bitcoin dipped below US$28,000 in Thursday morning trading in Asia as most other top 10 non-stablecoin cryptocurrencies lost steam. Dogecoin led the losers.

Arbitrum’s AIP-1 proposal to be split after community backlash

Top blockchain and crypto news: Arbitrum to segment AIP-1. DeGods NFT collection moves to Ethereum. Crypto on the agenda at ‘China’s Davos.’

DeGods begins migration to Ethereum

Largest Solana NFT DeGods has started its migration to Ethereum just days after Y00ts began to move to Polygon.

Internal Revenue Service in U.S. solicits public opinions on proposed NFT taxes

The IRS intends to tax NFTs as collectibles in the U.S. and is soliciting public opinions on the proposal through June.

India, UAE to collaborate on cross-border central bank digital currencies

The Indian central bank and the UAE will jointly run pilot programs on their central bank digital currencies, according to the Reserve Bank of India. 

Bitcoin dips, Ether little changed, with top 10 crypto mixed following U.S. equity slump

Bitcoin and other major cryptocurrencies traded mixed on Wednesday morning in Asia, largely shrugging off the slump in U.S. equities overnight.

Blur NFT wash trading soars, fueling market distortions

Top blockchain and crypto news: Blur wash trading explodes. Coinbase extends developer foray with Base test. Hong Kong crypto embrace gets Beijing’s nod.

Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry

Officials at Bitcoin mining companies say the rebound in prices so far this year for the world’s biggest cryptocurrency has thrown a lifeline to the industry after some miners sought protection from creditors last year amid the slump in the token’s price.

Huawei forms Web3 alliance with Polygon, Morpheus Labs, others

Chinese smartphone maker Huawei partnered with multiple overseas Web3 firms, as part of the company’s blockchain and metaverse venture.

Markets: Bitcoin, Ether little changed; Polygon’s Matic token leads losers in top ten crypto

Bitcoin and Ether traded little-changed on Tuesday morning in Asia, while most top 10 non-stablecoin cryptocurrencies fell, with Polygon leading the losers
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Asia’s Opportunity to Lead Crypto Regulations

Crypto industry’s interaction with regulators is important and quite common in Asia but missing in the US, says Brooks Entwistle of Ripple Labs.

Bitcoin back above US$24,000, Fed releases February minutes

Bitcoin fell in a mixed morning for the top 10 non-stablecoin cryptocurrencies, with XRP posting the biggest gains in the list and Solana leading losses.
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Markets: Bitcoin, Ether fall as 2-year bond nears 15-year high

Bitcoin and Ether fell on Wednesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies by market cap.
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Bitcoin surpasses Visa’s market cap to be 11th largest asset in the world

Bitcoin, the world’s first cryptocurrency, gained 15% in the past week to trade at US$24,885 and 7 p.m. in Hong Kong, surpassing payments giant Visa in market capitalization for the third time in history. See related article: Industry reacts: US cracks down on crypto, India calls for regulatory collaboration Fast facts See related article: Bitcoin […]

Markets: Bitcoin dips below US$24,000 to start the trading week in Asia

Bitcoin fell below US$24,000 in a mixed morning for the top 10 non-stablecoin cryptocurrencies by market capitalization on Monday in Asia.

Markets: Bitcoin slips back below US$24,000 as inflation worries resurface in U.S., equities slide

Bitcoin and Ether fell Friday morning in Asia, curtailing a strong run up in the week, after the U.S. January PPI rose much faster than expected.

Sam Bankman-Fried’s bail backers revealed as former Stanford dean, research scientist

Academics from Stanford Law School and Stanford University are the previously two unknown individuals who signed bonds that allowed the release of FTX crypto exchange founder Sam Bankman-Fried from prison on bail, according to court filings released Wednesday. 

Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action

Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.

Markets: Bitcoin, Ether, other major tokens rise despite hotter-than-expected CPI reading

Bitcoin rose in Wednesday morning trading in Asia to move back above US$22,000 as investors shrugged off a seeming U.S. regulatory crackdown on digital assets and data showing U.S. inflation for January was above forecasts.

Markets: Bitcoin rises amid market jitters as Paxos stablecoin issuer next regulator target after Kraken clampdown

Bitcoin was the only top 10 non-stablecoin cryptocurrency to gain in Tuesday morning trading in Asia in a market unsettled by regulators in the U.S. targeting digital asset companies.

Binance makes Korea comeback with GOPAX acquisition

Top blockchain and crypto news: GOPAX deal sees Binance return to South Korea. Inflation fight spooks crypto markets. Chinese liquor giant gives cheers to NFTs.

Markets: Bitcoin rises above US$23,000 as Fed says ‘disinflation’ started. All top 10 tokens gain

Bitcoin traded back above US$23,000 on Wednesday morning in Asia after U.S. Federal Reserve Chairman Jerome Powell overnight said the “disinflationary process” has started in the economy.

Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower

Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised concerns markets may face more interest rate hikes to slow the economy and inflation.

Markets: Bitcoin breaks US$24,000 ceiling after Fed says ‘disinflationary process’ started in U.S. economy

Bitcoin rose above US$24,000 for the first time since mid-August in Thursday morning trading in Asia before sliding back slightly.

Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground

Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.

Bitcoin falls in broad crypto pull back ahead of U.S. Fed meeting on interest rates

Bitcoin fell along with Ether and all other top 10 non-stablecoin cryptocurrencies in Tuesday morning trading in Asia, wiping out most of Monday’s gains.

Bitcoin trades higher in Nigeria amid cashless economy drive

Bitcoin price was trading at a premium in Nigerian cryptocurrency exchanges on Monday following the central bank’s limit on ATM cash withdrawals.

Markets: Bitcoin closes in on US$24,000, lifts crypto top 10

Bitcoin was up on Monday morning in Asia, reaching its highest price in five months. Ether also rose along with all other top 10 non-stablecoin cryptocurrencies, with Solana and Litecoin posting the biggest gains.

Blockstream says it raised US$125 million to expand Bitcoin mining operations

Blockchain infrastructure firm Blockstream Corporation Inc. on Tuesday said it raised US$125 million from convertible note and secured loan financing to expand its Bitcoin mining operations and meet strong demand for what it called “institutional hosting services.”

Markets: Bitcoin, Ether dip as investors take profits; earnings reports, economic data rattle equities

Bitcoin and Ether fell in Wednesday morning trading in Asia, along with the other top 10 non-stablecoin cryptocurrencies as investors seemed to be taking profits after the strong gains in crypto prices since the start of the year.

Crypto lender Nexo to pay US$45 mln to settle U.S. SEC charges

Crypto lender Nexo Capital has agreed to pay US$45 million in a settlement with the SEC and the NASAA, over allegations of failing to register its lending product,

S. Korean city Busan to launch digital commodities exchange, shelves crypto

Busan, South Korea’s second-largest city, announced Thursday that it will launch a digital commodities exchange in the second half of this year.

Markets: Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates

Bitcoin and Ether fell Thursday morning in Asia along with most other top 10 non-stablecoin cryptocurrencies on concerns about the direction of the U.S. economy and interest rates.

Genesis, Gemini face US charges over unregistered securities sales

Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?

Markets: Bitcoin inches up, Ether slips; China posts 3% GDP growth for 2022

Bitcoin inched up and Ether slipped in Tuesday afternoon trading in Asia, with most other top 10 cryptocurrencies trading lower on the day.

Markets: Bitcoin holds above US$21,000 as crypto market cap briefly tops US$1 trillion

Bitcoin held above US$21,000 in Tuesday morning trading in Asia with the total cryptocurrency market capitalization also briefly breaching the US$1 trillion-dollar mark in the last 24 hours for the first time since mid-November.

China’s digital yuan needs WeChat, Alipay to boost adoption, experts say

The central bank rolled out a “red packet” feature for its digital currency, the e-CNY, for the Lunar New Year holiday but it will require help from the tech giants it has bashed to popularize the digital yuan.
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Markets: Bitcoin, Ether rises; Solana is biggest gainer among top 10

Bitcoin and Ether gained in Monday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies.