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Coinbase, a leading US-based crypto exchange, has unveiled the availability of USD transfers for its retail clientele in Singapore. This development, reported by various sources, allows users in Singapore to seamlessly transfer US dollars (USD) to and from their Coinbase accounts utilizing the SWIFT network—a prominent bank-based global financial messaging system. This enhancement not only

Hut 8’s strategic collaboration with Celsius Network marks a pivotal moment in the rapidly evolving realm of digital asset mining. The joint venture is not merely a business agreement but a symbiotic relationship aiming to navigate the complexities of the current economic landscape, particularly within the context of Celsius Network’s ongoing bankruptcy proceedings. As the

The recent intervention by the US Department of Justice (DOJ) into Binance’s operations has triggered a profound transformation in the dynamics of the cryptocurrency industry. Binance, once hailed as a haven for decentralized crypto commerce, is now poised to undergo what industry experts are calling an “unprecedented” level of scrutiny, marking a significant shift in

Bitcoin is experiencing a notable surge in on-chain transaction fees, reaching a 20-month high, with miners reaping the rewards as the average cost of sending BTC skyrockets to nearly $40, according to data from BitInfoCharts as of December 17. The recent influx of Bitcoin transactions has led to elevated fees for all network users, sparking

The Ministry of Finance in Palau has officially initiated the second phase of its Palau Stablecoin (PSC) program, marking a strategic move towards further development and user engagement in the digital currency space. Jay Hunter Anson, a cybersecurity consultant and adviser to the Ministry of Finance in Palau, announced the launch of the program’s second

An XRP advocate, John Deaton, has made significant claims against the United States Securities and Exchange Commission (SEC), accusing the regulatory body of utilizing ‘gaslighting’ methods in its ongoing legal battle with Coinbase. According to Deaton, the SEC’s present position in the Coinbase rulemaking debate contradicts statements made by SEC Chair Gary Gensler during congressional

In a recent announcement, Samson Mow, the CEO of Jan3, has sparked speculation about Bitcoin’s rapid ascent to $1 million within a matter of days to weeks following the potential approval of a spot Bitcoin exchange-traded fund (ETF). Mow highlights the key drivers behind this remarkable surge, emphasizing the scarcity of Bitcoin on exchanges and

In a year marked by dynamic shifts in the digital asset landscape, the crypto market has witnessed a series of positive developments, particularly in the fourth quarter of 2023. The most recent report from CCData’s Q4 2023 Market Outlook paints a robust picture, showcasing amplified market sentiment, increasing Bitcoin (BTC) dominance, a surge in cryptocurrency

Sotheby’s, a prominent auction house, concluded its first inscription auction with remarkable results, accumulating a total of approximately $451,000. This unique event unfolded online from December 6 to 13 in New York, featuring a collection of select BitcoinShrooms from the innovative Bitcoin Ordinals project, meticulously crafted by the artist Shroomtoshi. According to Sotheby’s website, these

The digital currency realm is currently in a state of excitement as Bitcoin experiences a substantial 4% surge, reaching $42,777, fueled by positive developments in the financial landscape. This surge is attributed to the optimistic sentiments following the Federal Reserve’s recent Federal Open Market Committee (FOMC) meeting, which indicated a dovish stance on future rate