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. Ether and most other top 10 non-stablecoin cryptocurrencies also bounced back from yesterday’s losses amid strong gains in U.S. equities for January and optimism the U.S. economy is heading for a soft landing. Top memecoin Dogecoin led the pack, still gaining from reports on Monday that long-time advocate and Twitter Inc. boss Elon Musk is looking to bring payment systems to the social media platform. The crypto market cap rose 1.4% to US$1.05 trillion, with total trading volume slipping 17.1% to US$47.26 billion. (forkast)
Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022
In cryptocurrency, criminal holdings can’t be stashed away in opaque networks of banks and shell corporations — almost everything is out in the open.
Crypto 2023: A Focus on Real-World Utility
So, what does 2023 hold for crypto and blockchain? In a word: utility. This was the watchword of nearly every Ripple executive that weighed in with predictions for the year.
86% of UK Crypto Firms Fall Short of Anti-money Laundering Standards, FCA Reveals
On Friday, the UK Financial Conduct Authority (FCA) revealed that only 41 crypto firms had passed its regulatory approval scrutiny out of 300 applicants. The 300 companies in the UK had tendered applications as part of an ongoing process towards regulating and standardizing the fledging financial sector.
5 Most Common Mistakes Made by Crypto Investors
In this article, we will outline some of the most common mistakes made by crypto investors, and methods for how to mitigate these risks.
Investment Manager Hamilton Lane Opens First Tokenized Fund With Securitize
Last October, Hamilton Lane (HLNE) – an investment management firm with $824 billion in assets under management and supervision – announced plans to tokenize three of its funds under a partnership with digital assets securities company Securitize to make private market funds available to a broader set of investors.
UK Home to Hundreds of Companies Running Crypto, Forex Scams
The Bureau of Investigative Journalism (TBIJ) has identified 168 companies accused of running running crypto or fraudulent foreign exchange trading scams in the U.K.
What Can We Learn From 60% Bitcoin Premiums in Nigeria?
Nigerians are paying 60% above the spot price for Bitcoin. This is what happens when people lose faith in monetary policy.
The Crypto Secret You Don’t Know About
There is a hidden dynamic between — some — crypto developers, exchanges, influencers, and coin rankings sites. Most retail users are unaware of this. Which is why you should know about it.
Currency Union in Latin America: Brazil and Argentina to Launch Common Currency
The Eurozone of the South: A Regional Currency to Strengthen Trade and Reduce Dependence on the US Dollar
