In the past 24 hours, $521 million has been liquidated from the crypto market. Source: https://cointelegraph.com/news/us-entities-hold-65-more-bitcoin-than-offshore-players-crypto-quant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will […] Source: https://news.bitcoin.com/nigerias-sec-warns-crypto-license-applicants-meet-registration-requirements-or-face-rejection/
Coinbase informs users of CFTC subpoena involving Polymarket
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket. Source: https://cointelegraph.com/news/coinbase-cftc-subpoena-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Glassnode: Crypto Market Shifting to Selling Phase as Big Whales Dump Bitcoin
Glassnode recently disclosed that the bitcoin market shifted to a new phase this year, following the rise to over $100K experienced after President Donald Trump’s victory in the polls. Glassnode states that the movements of whales indicate that a distribution phase has already started. Glassnode Numbers Suggest Crypto Markets Are Entering a Distribution Phase Glassnode, […] Source: https://news.bitcoin.com/glassnode-crypto-market-shifting-to-selling-phase-as-big-whales-dump-bitcoin/
IMF urges Kenya to align crypto laws with global standards
IMF recommends Kenya overhaul outdated regulations, address scams and align its crypto framework with global standards for financial stability. Source: https://cointelegraph.com/news/kenya-crypto-regulation-imf-advice?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Whistleblowers Expose FDIC Operation Chokepoint 2.0 Coverup and Disinformation Campaign
A group of insiders at the FDIC has blown the lid on a coverup of the agency’s procedures to avoid having its Operation Chokepoint 2.0 linked documents released through FOIA requests. Additionally, the institution would run disinformation campaigns against its detractors on social media. FDIC Shenanigans Allegedly Exposed: Hiding Documents in Operation Chokepoint 2.0 Coverup […] Source: https://news.bitcoin.com/whistleblowers-expose-fdic-operation-chokepoint-2-0-coverup-and-disinformation-campaign/
Bitcoin investors exit spot ETFs at near-record levels as BTC slumps 2.3%
Bitcoin holders have been offloading their spot Bitcoin ETF shares as the asset dipped to $92,500 and remains below $95,000. Source: https://cointelegraph.com/news/bitcoin-price-slump-spot-btc-etf-investors-pull-out?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?
Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in […] Source: https://news.bitcoin.com/china-and-us-tighten-payment-grip-on-europe-can-the-digital-euro-stop-them/
Shkreli says Wu-Tang Clan should have say in lawsuit over one-off album
Martin Shkreli argues members of the Wu-Tang Clan should be forced into a court battle he’s facing over a rare album they produced as they still hold rights to it. Source: https://cointelegraph.com/news/martin-shkreli-wu-tang-clan-court-over-one-off-album?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong launches initiative to help banks with DLT adoption
The initiative will initially focus on tokenized deposits with the HKMA providing support for trials to local banks. Source: https://cointelegraph.com/news/hong-kong-launches-incubator-help-banks-adopting-distributed-ledger-technology?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound