Our weekly news roundup from East Asia selects the most important developments in the industry. Hot week for Hong Kong exchanges Hashkey Exchange, one of Hong Kong’s first regulated cryptocurrency exchanges, has announced insurance coverage for customer assets stored in hot and cold wallets. account. The policy covers 50% of digital assets in Hashkey’s cold wallets and 100% of digital assets in hot wallets and will pay out between $50 million and $400 million in the event of a claim. Hashkey’s partnership with fintech OneDegree will see the two co-develop a new cryptographic security solution for exchanges to manage server…
Author: Crypto Flexs
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It’s been another interesting week in the cryptocurrency industry, with the US government imposing the largest fine ever. $4.3 billion Against Binance. You might think this had a negative impact on the market, but Bitcoin hit a new high above $38,000 this week, the cryptocurrency market was largely in the green and the Fear and Greed Index rose 10 points to 73.Additionally, small-cap markets posted their biggest gains of the year this week (see bottom of article).XBinance was fined $4.3 billion and CZ was de-escalated.Changpeng Zhao, the billionaire founder and CEO of Binance, resigned after pleading guilty to federal criminal…
join us telegram A channel to stay up to date on breaking news coverage Bitcoin Minetrix, with its unique approach to Bitcoin mining, raised $4.3 million in pre-sale, demonstrating a potential investment opportunity. The upcoming pre-sale is gearing up for 10 phases within 48 hours. With Bitcoin heading toward its $40,000 target, $BTCMTX offers investors an attractive option, highlighting its low price that offers the potential for significant percentage growth in value once trading begins. Bitcoin Minetrix stands out in the Bitcoin-related cryptocurrency space by providing a next-generation approach to Bitcoin mining. This project provides an easy-to-use solution to the…
Klever Announces $20 Million Major Investment Commitment from GEM Digital Limited – Chainwire housenewsroomKlever Announces Major Investment Commitment of $20 Million from GEM Digital Limited 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or…
Key Takeaways Bitcoin is eyeing the $40,000 level. Bitcoin, the world’s leading cryptocurrency by market capitalization, has performed well over the past few weeks. Over the past seven days, its value has risen by more than 7% and the current Bitcoin price is $37,100 per coin. The broader cryptocurrency market is also rebounding, with the overall cryptocurrency market cap now sitting at $1.4 trillion. If the bulls remain in control, Bitcoin could test the $40,000 resistance level in the near term. What is Memenator? Bitcoin and other major cryptocurrencies have been on the rise since the beginning of this week.…
Bitcoin BTC -0.01% Lightning wallet provider Wallet of Satoshi has removed its app from the U.S. Apple and Google app stores and the company said it “will not serve U.S. customers going forward.”The Wallet of Satoshi team did not specify a specific reason for the decision and said they understand this news is disappointing for US customers. You can still download the app in other countries.The Bitcoin Lightning app sought to ensure that funds were accessible to existing users in the United States and could be withdrawn and transferred to other wallet services. Users previously speculated that the app may…
Ethereum (ETH) continues to absorb Bitcoin (BTC) selling pressure in November, looking at its price action at the time of writing on November 24th. On the daily chart, ETH bulls dominate, rising about 9% versus BTC from the October low. Ethereum Surpasses Bitcoin in November ETH buyers are holding firm and price action is still locked within the prominent bull market of November 9th. Despite bears forcing prices lower in the second week of November, the failure of BTC bulls to reverse all losses suggests that ETH buyers are still in charge. If anything, prices could rise in the coming…
Crypto analyst Fiery Trading has a very bullish outlook for Cardano (ADA) price. The digital asset, which has performed reasonably well over the past few weeks, is expected to shatter expectations as analysts suggest a price of $35. Crypto analysts predict an 8800% rise for ADA, reaching $35. Fiery Trading’s latest Cardano (ADA) forecast is one of the most optimistic predictions for the digital asset this year. ADA, the native token of the Cardano network, is currently trading at $0.388 and would rise 8,800% to $35 if crypto analysts’ predictions prove true. Analysts suggest that ADA has already bottomed out…
Welcome to the Succession Spotlight series. Here we do deep dives with guests to explore solutions, problems, and services for people holding decentralized assets.In our first article, we are pleased to introduce you to Wasim Ahmad from Vault12 Guard.I met Wasim at NFT_NYC in London last year, where we discussed all things Web3 Inheritance.Earlier this month at NFT_NYC in New York, Wasim detailed the exciting relaunch of Vault12 Guard in a Q&A.What is Vault12 Guard?Vault12 Guard is a secure, inherited and self-archiving backup app that lets you safely store web3 wallet seed phrases, private keys, NFT media and digital art…
shiba inu and Dogecoin, which revolutionized the meme coin industry, has been weak this year and has underperformed its peers. SHIB price has barely moved in 2023 despite Bitcoin surging more than 120%. Dogecoin, on the other hand, rose less than 10%. Why SHIB and DOGE are struggling Dogecoin and Shiba Inu were two of the most popular meme coins of 2021, which explains why they are multi-billion dollar assets. Dogecoin’s market capitalization is over $11 billion, and Shiba Inu is worth over $4.9 billion. The two lost momentum as investors focused on other cryptocurrencies. Some of the fastest-growing tokens…