Cryptocurrency exchange Bybit said,Hong Kong financial regulators have declared the cryptocurrency trading platform “suspicious” even though the company’s local arm, Spark Fintech, submitted an application for a cryptocurrency exchange license earlier this year.Thursday Hong Kong Securities and Futures Commission updated A list of “suspicious virtual asset trading platforms” that includes Bybit. The SFC also identified 11 products offered by Bybit as suspicious.“Suspicious” investment products are Bybit futures contracts and reverse futures contracts, Bybit options, Bybit leveraged tokens, Dual Asset, Dual Asset 2.0, Bybit Shark Fin, Liquidity Mining, ETH 2.0 Liquid Stake, Bybit Web3 Stake, Bybit Lending and Bybit . Wealth…
Author: Crypto Flexs
Read More
join us telegram A channel to stay up to date on breaking news coverage Despite recent underperformance, XRP is poised for a resurgence in the current cryptocurrency bull market. The price rise of $XRP has been greatly influenced by the ongoing legal dispute with the SEC. Since October, XRP has risen about 50% from $0.487 to its recent yearly high of $0.74. Nonetheless, many analysts remain bullish on XRP and predict a bullish phase that could see it outperform other cryptocurrencies. XRP’s market is struggling amid a legal battle with the SEC. $XRP’s market performance has lagged that of other…
Closely tracked cryptocurrency traders are bullish on Sam Altman’s identity-focused cryptocurrency project Worldcoin (WLD). pseudonym trader The Flow Horse says 200,300 followers on social media platform He suggests that Worldcoin could get a boost from the upcoming GTC conference hosted by Nvidia (NVDA), a leading provider of chips specifically designed to train and run AI applications, which could increase interest in projects related to the AI world. . “There are 6 days left until the NVDA conference (March 18th to 21st) and I think WLD will have this much $10.” Source: The Flow Horse/X Worldcoin is trading at $9.50 at…
This article originally appeared on the Sound Advisory blog. Sound Advisory specializes in providing financial advisory services and educating and guiding clients to become financially successful in the Bitcoin-based world. Click here for more information.“Faith is a wise bet. If a belief cannot be proven, what harm will it do you if you gamble on its truth and it turns out to be false? You get everything when you get it. If you lose, you lose nothing. Then do not hesitate to assure us that He exists.”- Blaise PascalAlthough Blaise Pascal lived until the age of 39, he became world…
Blocktober #24 Announced: Convening Month of Major Web3 Events in Hong Kong – Chainwire housenewsroomBlocktober #24 Announced: A Month of Convening Major Web3 Events in Hong Kong We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for…
El Salvador became the first country to purchase Bitcoin as a government bond asset in September 2021, with a single coin costing about $52,000. The price of BTC on Thursday exceeded $72,000, but in the last 24 hours the asset has traded above $73,000 and as low as $68,000.
Bitcoin Bulls Spark $2.7 Trillion Crypto Resurgence The cryptocurrency market is absolutely booming right now. Bitcoin has surpassed its previous all-time highs and is currently targeting a whopping $100,000 valuation. The BTC explosion sparked a broader cryptocurrency resurgence, with the overall market capitalization soaring past $2.7 trillion. You know what that means. Meme coin season is in full swing once again! Dogecoin and Shiba made gamblers millionaires. Still think meme coins are just stupid jokes? Tell the story to the lucky punters who caught the Dogecoin Shiba Inu and Floki madness early. While Doge only returned 128.70% over the past…
Policy • March 14, 2024, 10:58 PM EDT Posted 1 minute ago In ~ El Salvador’s President Nayib Bukele said he had moved “a large chunk” of his Bitcoin holdings into cold wallets.In a post to X on Friday morning Asian time, Bukele wrote that the cold wallet setup represents the country’s first Bitcoin piggy bank. “We have decided to relocate a significant portion of our company. Bitcoin BTC -5.47% Put it in a cold wallet and store that cold wallet in a physical safe within our country,” he said. Added.The screenshot he posted shows that the address received 5,689.69…
Cryptocurrency investors rebounded with significant returns in 2023 after a difficult period, according to blockchain analytics firm Chainalytic. Realized gains, which are profits earned from selling assets for more than their purchase price, totaled $37.6 billion in 2023, according to the report. This is a notable recovery from the $127.1 billion in realized losses reported in 2022, but falls short of the reported profits of $159.7 billion. During the 2021 bull market.Steady profits even during market fluctuationsDespite market fluctuations, 2023 saw steady gains, including two consecutive months of losses in August and September. These losses coincided with a crackdown on…
MAP Protocol has partnered with NVIDIA to use AI to enhance Bitcoin L2 interoperability, marking an important milestone in blockchain technology integration. MAP Protocol, a peer-to-peer (P2P) blockchain interoperability solutions company, has officially announced its partnership with tech giant NVIDIA. This collaboration is part of MAP Protocol’s strategic efforts to strengthen AI-based Bitcoin Layer 2 (L2) interoperability technology. The MAP protocol leverages NVIDIA AI for blockchain interoperability. The introduction of the MAP Protocol into the NVIDIA Developer Program marks a significant step toward leveraging cutting-edge AI technologies to facilitate seamless interoperability within the Bitcoin ecosystem. The MAP Protocol aims to…