Author: Digicoinvision
Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act.The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading regulations for the first time, according to a Sunday report from Asahi Shinmun.If enacted, exchanges would be required to disclose detailed information about each of the 105 tokens they list, including whether the asset has an identifiable issuer, the blockchain technology underpinning it and its volatility…
Ethereum price crashed to an important support level as its open interest slipped and exchange-traded funds outflows accelerated. Summary Ethereum price has crashed by 35% from its highest level this year. The supply of exchanges has been in a strong freefall in the past few months. Ether has formed a small double-bottom pattern on the daily timeframe. Ethereum supply on exchanges has dropped Ethereum (ETH) token dived to the key support at $3,060, down by 35% from its highest point this year. It has moved to the lowest level since July 16 as the crypto bear market accelerates. ETH price…
Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act.The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading regulations for the first time, according to a Sunday report from Asahi Shinmun.If enacted, exchanges would be required to disclose detailed information about each of the 105 tokens they list, including whether the asset has an identifiable issuer, the blockchain technology underpinning it and its volatility…
The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Summary The crypto market crash has accelerated in the past few months. Bitcoin and most altcoins have all moved to a bear market this year. A recovery will depend on the upcoming Nvidia earnings and the FOMC minutes. Ethereum (ETH) and Bitcoin (BTC) prices have dropped in the last three consecutive weeks, and are now in their lowest level in months. The crypto market cap has also plunged in the last three straight…
Biomedical and scientific companies are turning to blockchain technology and crypto treasury strategies to fund research, overhauling traditional capital formation and research funding structures that can delay life-saving cures by decades.Portage Biotech, a biomedical technology company, pivoted to become a Toncoin (TON) treasury company in September, earning operating revenues from staking to secure the network and investing in Telegram ecosystem projects, including games and mini-apps.The company will funnel some of the revenue generated from the operating business and the capital appreciation of TON to fund cancer research, AlphaTON CEO Brittany Kaiser told Cointelegraph. Differences between traditional scientific research funding models…
Join Our Telegram channel to stay up to date on breaking news coverage Michael Saylor, Executive Chairman of Strategy, denied reports that the firm sold 47,000 Bitcoin as the crypto market leader’s price fell below $96k. Bitcoin hit a low in the past 24 hours of $94,000.73 but has since recovered some lost ground to trade down 1% at $95,994.91 as of 12:53 a.m. EST, according to CoinMarketCap. BTC is down 6% in the past week. BTC price (Source: CoinMarketCap) “We Are Buying,” Says Saylor The BTC price fell shortly after reports circulated online that Strategy, the largest corporate Bitcoin…
Join Our Telegram channel to stay up to date on breaking news coverage After a bruising week for crypto, Bitwise says selling pressure is easing, offering investors a glimmer of hope even as market sentiment hit its lowest level since February. Bitcoin fell below $96k and Ethereum, XRP and Solana tumbled as the Crypto Fear & Greed Index, a tool used to gauge market sentiment, plunged 6 points in the last 24 hours to 10, signaling “extreme fear” among crypto investors. Crypto Fear & Greed Index (Source: Alternative.me) But Bitwise’s European head of research Andre Dragosh said that “sellers are…
Biomedical and scientific companies are turning to blockchain technology and crypto treasury strategies to fund research, overhauling traditional capital formation and research funding structures that can delay life-saving cures by decades.Portage Biotech, a biomedical technology company, pivoted to become a Toncoin (TON) treasury company in September, earning operating revenues from staking to secure the network and investing in Telegram ecosystem projects, including games and mini-apps.The company will funnel some of the revenue generated from the operating business and the capital appreciation of TON to fund cancer research, AlphaTON CEO Brittany Kaiser told Cointelegraph. Differences between traditional scientific research funding models…
Why Satoshi’s wallet is a prime quantum target Satoshi’s 1.1-million-BTC wallet is increasingly viewed as a potential quantum vulnerability as researchers assess how advancing computing power could affect early Bitcoin addresses.Satoshi Nakamoto’s estimated 1.1 million Bitcoin (BTC) is often described as the crypto world’s ultimate “lost treasure.” It sits on the blockchain like a dormant volcano, a digital ghost ship that has not seen an onchain transaction since its creation. This massive stash, worth approximately $67 billion-$124 billion at current market rates, has become a legend.But for a growing number of cryptographers and physicists, it is also viewed as a…
Join Our Telegram channel to stay up to date on breaking news coverage The XRP price slid 8% in the last 24 hours to trade at $2.29 as of 3.35 a.m. EST on a 32% surge in trading volume to $7.7 billion. This comes even after the Canary XRP ETF (XRPC) recorded first-day trading volume of $58 million, beating all other ETF launches this year. That topped the previous best $57 million trading volume recorded by Bitwise Solana Staking ETF (BSOL). XRPC also attracted $245 million in inflows on its first day, with Canary Capital CEO Steven McClurg suggesting the reason…