WazirX, one of India’s leading cryptocurrency exchanges, finds itself in increasingly turbulent waters following a new order from the Delhi High Court for a thorough investigation into its operations. On December 18, coinciding with the announcement from Binance regarding the delisting of WazirX’s native token, WRX, concerns surrounding the platform have escalated dramatically. The court’s
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Hong Kong’s rapid advancement in the sphere of virtual asset regulation marks a significant milestone for the region’s finance industry. As of December 18, the Securities and Futures Commission (SFC) granted licenses to four virtual asset trading platforms (VATPs), broadening its regulatory reach and enhancing consumer confidence. This decision emphasizes Hong Kong’s ambition to position
The cryptocurrency landscape is as dynamic as ever, and Cardano (ADA) finds itself amidst notable fluctuations. Recently, Cardano faced a price rejection around $1.1, which has initiated discussions among analysts and investors regarding its future trajectory. This downturn comes after an impressive resurgence that saw the digital asset briefly surmount the $1 threshold for the
In an exclusive interview with Yahoo Finance, Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, laid out an optimistic forecast for Bitcoin’s trajectory, suggesting a potential surge to above $200,000 by the end of 2025. This bullish perspective is anchored in the increasing demand fueled by several factors, notably exchange-traded funds (ETFs), corporate
In the ever-evolving cryptocurrency landscape, Shiba Inu (SHIB) has recently found itself on a tumultuous trajectory. With a notable decline in price, the cryptocurrency community is grappling with concerns about the adverse market conditions affecting this popular meme coin. Over the past fortnight, while several mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) recorded upward
In a significant development within the Australian financial landscape, the Australian Securities and Investment Commission (ASIC) has initiated a lawsuit against Oztures Trading Ltd, the entity responsible for Binance Australia Derivatives. This legal action underscores the regulator’s increasing scrutiny over the practices of cryptocurrency exchanges operating within its jurisdiction. ASIC has raised serious concerns regarding
The cryptocurrency market has always been a hotbed of speculation, excitement, and often bewilderment. Recently, Bitcoin (BTC) found itself in the spotlight as its price reached a staggering new all-time high (ATH) of $108,000. This significant milestone has sparked myriad discussions among analysts and investors alike, with prominent cryptocurrency analyst Charting Guy providing crucial insights
In the volatile world of cryptocurrency, few events capture attention like Bitcoin’s rapid fluctuations. After a week of remarkable gains that saw Bitcoin surge past the $100,000 mark, the cryptocurrency recently experienced a significant correction, dropping over $4,000 within a mere 12 hours. This swift descent comes as no surprise; after a substantial rally where
On December 17, Bitcoin (BTC) reached an astonishing value of over $108,000, and market analysts are rife with speculation about where it could go next. Predictive models suggest the cryptocurrency could double to a staggering $220,000 by March 2025, marking a pivotal moment for its investors. This remarkable leap has left many in the crypto
The recent comments by Charles Hoskinson, the founder of Cardano, have ignited a crucial conversation about governance within the Cardano Foundation. In a post on social media platform X, Hoskinson urged the Foundation to consider relocating to a jurisdiction that allows for more inclusive community participation in board elections. By spotlighting these issues, Hoskinson raises
