Digital Assets

The Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) jointly announced the launch of a new framework that establishes legal and regulatory foundations for digital assets. The QFC Digital Assets Framework 2024 covers crucial aspects such as tokenization...

Crypto analysis firm QCP Capital is highlighting a potential bullish trend for Bitcoin (CRYPTO: BTC) in the coming months, despite September’s historically bearish outlook. What Happened: While September typically sees downward pressure across various asset classes, including cryptocurrencies...

The Securities and Exchange Commission (SEC) on Wednesday issued a Wells notice to NFT marketplace OpenSea, indicating the regulatory body’s intent to sue the company, alleging that certain NFTs traded on its platform should be classified as securities. What Happened: Expressing his shock...

In a significant development to the arrest of Telegram founder Pavel Durov in France, Paris Public Prosecutor Laure Beccuau has released a detailed statement outlining an extensive list of charges against the tech entrepreneur. What Happened: Prosecutor Beccuau’s press release reveals that...

Marathon Digital Holdings Inc. (NASDAQ:MARA), a key player in the digital asset and cryptocurrency mining space, has been on a roller-coaster ride. While the stock is down 18.49% year-to-date, it has surged 75.99% over the past year, making it a favorite among investors looking for exposure to the...

Sun.io, the DeFi protocol affiliated with Tron (CRYPTO: TRON) founder Justin Sun, has unveiled SunPump, a new platform designed to enable the creation of meme coins on the Tron blockchain. What Happened: This initiative positions SunPump as a direct competitor to Solana‘s (CRYPTO: SOL)...

Circle CEO Jeremy Allaire on Wednesday emphasized that cryptocurrency is already a bipartisan issue in the U.S., but stressed that more needs to be done to solidify this status. What Happened: In an interview with CNBC, Allaire warned that without stronger bipartisan support, the U.S. risks missing...

Liquidators for the defunct cryptocurrency hedge fund Three Arrows Capital are pursuing a claim of at least $1.3 billion against TerraForm Labs Pte., the bankrupt digital assets company co-founded by Do Kwon. The claim arises from significant losses Three Arrows suffered following the 2022...

The U.S. Federal Reserve is widely expected to continue raising interest rates aggressively in 2024 to tackle persistent inflation, but there are signs that market participants may not be fully aligned in their expectations. What Happened: A key divergence has emerged between the implied...

Analysts from 10x Research suggest that Bitcoin‘s (CRYPTO: BTC) price could potentially fall to the low $40,000s, signaling a significant downturn in the digital asset market. What Happened: This prediction comes amid a complex backdrop of institutional involvement, technical indicators and...

In a harrowing incident, four men have been arrested in Kyiv, Ukraine, for allegedly kidnapping, robbing and murdering a 29-year-old foreigner. What Happened: The case, reported by the Main Directorate of the National Police (GUNP) in Kyiv on Monday, highlights the potential dangers faced by...

Tech magnate Elon Musk has shared his thoughts on cryptocurrency, acknowledging some merit in Bitcoin (CRYPTO: BTC) and expressing a fondness for Dogecoin (CRYPTO: DOGE). What Happened: In an appearance on the X Takeover podcast over the weekend, Musk addressed his views on digital currencies....

The Bitcoin (CRYPTO: BTC) Coinbase Premium Index has turned negative, signaling a decrease in demand from U.S. investors. What Happened: Crypto analytics firm CryptoQuant reported the negative turn in the Coinbase Premium Index. This index measures the percentage difference between Bitcoin prices...

The much-anticipated launch of Ethereum ETFs in the U.S. saw a promising start, attracting a combined net inflow of nearly $107 million on their first day. What Happened: The launch saw a flurry of activity with over $1 billion in shares traded across nine newly introduced ETFs. BlackRock Inc.'s...

As the 2024 presidential race heats up, internal debates within the Democratic Party are drawing attention, particularly regarding Vice President Kamala Harris‘s potential candidacy. Recent polling data and betting odds suggest that Harris might have a more substantial chance against Donald...