Bitcoin Halving Could be a ‘Sell-the-news’ Trend for Months

In the world of bitcoin and cryptocurrencies, there’s growing excitement as the anticipated Bitcoin halving approaches in 2024. Steno Research analysts propose an intriguing take: “Buy before the announcement, sell after.” Similar to what occurred prior to the 2016 Bitcoin halving, some analysts predict an increase in BTC value before the event, followed possibly by … Read more

Crypto.com’s Dubai Entity Acquires Full Operational Approval

Today, Crypto.com announced that its Dubai branch, CRO DAX Middle East FZE, has received complete approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate. This marks a significant achievement for the company as it prepares to introduce the Crypto.com Exchange, which is open to institutional investors, marking Crypto.com’s first operational milestone in Dubai. The … Read more

US Treasury Urges Congress for Tools Against Crypto Finance

Deputy U.S. Treasury Secretary Adewale O. Adeyemo urges Congress to provide the government with effective instruments for combating illicit financing associated with cryptocurrencies. During a Senate hearing, Adeyemo shared that terrorist organizations such as al-Qaeda have utilized cryptocurrencies for money laundering through social media channels, bringing up an instance from half a decade ago as … Read more

30% of Deutsche Bank clients expect Bitcoin to drop below $20k

In simpler terms,Deutsche Bank, a German financial institution, recently released a study indicating that people’s caution towards cryptocurrencies is easing up slightly. Deutsche Bank, a large German investment bank based in Frankfurt, recently shared findings from a survey it conducted with over 3,600 American consumers. The results suggest a change in public opinion regarding cryptocurrencies. … Read more

Base Network Surpasses Arbitrum in Monthly Active Addresses

In the first few days of April, the Base network, which is backed by Coinbase, has outpaced Arbitrum as the leading layer-2 solution on Ethereum. The network has attracted over 1.48 million new active addresses. This number is only slightly higher than Arbitrum One’s count of approximately 1.43 million during the same period, according to … Read more