The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory regarding Binance, one of the world’s largest cryptocurrency exchanges, and its operations within the country. The advisory, released on November 28, warns that Binance is not registered as a corporation in the Philippines and operates without the necessary license and authority. While the
Banco Santander, a prominent Spanish financial services provider, has recently made a significant move into the world of cryptocurrencies. The company has chosen digital asset management firm Taurus to safeguard the Bitcoin (BTC) and Ether (ETH) holdings of its Swiss clients. This partnership marks an important step forward in the adoption of digital assets by
Ethereum (ETH) has been demonstrating strong performance, currently trading around $2,000. This showcases its resilience following the devastating market crash in the second part of 2022. Compared to the first day of this year, ETH has experienced a 70% price increase, according to CoinGecko’s data. Analyst FieryTrading predicts that Ethereum has the potential to reach
In a bold move, the mastermind behind the recent $46 million crypto heist involving KyberSwap has issued a demand for a change in the tone of negotiations. The anonymous exploiter sent an on-chain message on November 28th to KyberSwap executives, tokenholders, and liquidity providers, stating that they would only release a statement regarding a potential
Louis Vuitton, the iconic luxury brand known for its impeccable craftsmanship and timeless designs, has recently introduced their latest digital collectible, the VIA Tile Trunk NFT. This unique piece was conceptualized by Nicolas Ghesquière, the creative director for women’s collections at LVMH. Drawing inspiration from Ghesquière’s trunk-shaped mini cube bag showcased during the Spring-Summer 2024
In a recent order, a U.S. court has granted permission for Jump Crypto, a “third party” involved in the Securities and Exchange Commission’s (SEC) ongoing case against Terraform Labs, to submit certain information to the court in confidence. This ruling was made on November 28th, adding another layer of complexity to the already controversial case.
Bitcoin (BTC) has been the topic of numerous debates and predictions in the crypto community, and the latest bold claim comes from the controversial Stock-to-Flow (S2F) model creator, PlanB. In a recent statement, PlanB stated that Bitcoin would never drop below the $35,000 threshold again, capturing the attention of many. Although this prediction goes against
Bitcoin, the world’s leading cryptocurrency, has recently experienced a surge in value, leading to a positive return for the majority of its holders. The latest Bitfinex Alpha report reveals that over 83% of the BTC supply is currently held at a profit. This percentage is the highest since Bitcoin’s all-time high in November 2021, when
Cardano’s ADA token has been moving within a range-bound consolidation phase, as observed by a popular YouTube crypto analyst. The analyst notes that ADA has been unable to establish new price highs or lows in recent days, indicating a stagnant market condition. The price chart reveals a triangle pattern formed by key support and resistance
Spain’s Tax Administration Agency, Agencia Tributaria, has announced that starting January next year, Spanish citizens must disclose their crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes. In order to facilitate this process, the tax agency has introduced Form 721, a declaration form specifically designed for virtual assets held abroad.
