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Author: James Wilson
Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses
Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) miners in Russia aren’t thrilled about a new government registry that’s scooping up sensitive data, including crypto wallet addresses, under new rules. If leaked, it could be a “big gift to our geopolitical opponents,” warned Anton Gorelkin, a Russian lawmaker overseeing information policy. The crypto miner registry in Russia has been up and running since November 2024. National’s registry is available through the service on Russia’s Federal Tax Service. Daniil Yegorov, head of the tax agency, mentioned earlier…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. The US SEC has officially acknowledged Canary Capital’s proposal for a spot Litecoin ETF, making a significant step toward a potential approval. This move opens the door for public comments while signaling that Litecoin could become the third crypto, after BTC and ETH, to receive an ETF in the US. In…
XYO rallied over 30% as the project filled a key strategic position ahead of its anticipated Layer-1 blockchain launch. XYO rose to an intraday high of $0.0236, which is up 77% from its lowest point this week, while its market cap crossed $305 million as of press time. The altcoin’s trading volume surged 335% in the last 24 hours, exceeding $37 million, signaling an uptick in buying pressure. The rally materialized as the broader crypto market dipped 3.9% over the past 24 hours. Bitcoin (BTC) was down 1.5% when writing, while other major altcoins, such as Ethereum (ETH), XRP (XRP),…
Apple has quietly removed multiple crypto exchange apps from Japan’s App Store at the request of authorities. Some crypto exchange apps are disappearing from Japan‘s App Store as Apple has seemingly removed several after authorities raised concerns. According to a Yahoo Japan report, mobile applications for Bybit, KuCoin, Bitget, MEXC, and LBank are no longer available in Japan’s App Store. These exchanges had previously been warned by Japan’s Financial Services Agency for operating without registration. Not all unlicensed exchanges are affected, though. The report points out that searches for “crypto assets” or “virtual currency” still bring up apps from Crypto.com…
‘Make me feel emotional desire to quit:’ Ethereum’s Buterin frustrated by community’s focus on ‘degen casino’
Ethereum’s Vitalik Buterin is tired of hearing that “degen casino” is the best market fit for crypto, expressing frustration over the industry’s narrow focus. Amid growing concerns about Ethereum‘s direction, co-founder Vitalik Buterin expressed frustration with claims that its model isn’t the best fit for the market, especially as it struggles to compete with the “degen casino” appeal drawing retail interest. Fighting consumes energy and brings people to the breaking point. This is part of the condition of life.Do I feel good when I hear people from crypto twitter and VC firms telling me that PvP KOL degen casino that’s…
Korean crypto exchange numbers fall 26% due to unclear regulations, bank access: report
A wave of closures has hit South Korean crypto exchanges, with smaller firms exiting the market as regulatory compliance and banking access remain hurdles. South Korea‘s crypto exchange market is getting smaller, as new government data shows the number of registered virtual asset service providers has dropped since last year. A Feb. 7 report from the Financial Intelligence Unit revealed that as of press time, there are only 31 registered crypto trading firms in South Korea, down more than 26% from 42 last year, South Korean newspaper Dailian reports. The delisted companies include GDAC, ProBit, Huobi Korea, and Bitrade, among…
Hyperliquid is a next-generation decentralized trading platform that’s redefining the crypto trading experience. At its core is the HYPE token, which was recently launched and has impressed traders. It’s a dynamic asset driving the platform’s ecosystem and offering users the ability to stake, govern, and trade seamlessly. Here’s everything you need to know about Hyperliquid, its features, the role of HYPE, and its future. What is Hyperliquid and how does it work? During the rise of DeFi, traders were frustrated with slow, clunky platforms. Enter Hyperliquid: a Layer 1 blockchain built for speed and independence, free from reliance on external…
Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch. With ETH stabilizing, could this signal a larger trend reversal? Spot Ethereum (ETH) ETFs have seen a surge in inflows over the past week, with more than $500 million entering the market in the last five trading sessions as of Feb. 6. According to CoinGlass, the recent wave of investments accounts for about 16% of all-time net inflows, which now stand at $3.17 billion, and represents 18% of the $2.8 billion that flowed in between Jul. 23, when spot Ethereum ETFs were…
Key Takeaways Higher-priced securities must maintain a minimum daily traded value of CA$1 million To be eligible, securities must meet specific criteria, including a price volatility margin interval of 25% or less, a public float of at least CA$100 million, and an average daily trading volume of at least 25,000 shares per month in the previous quarter. The Canadian Investment Regulatory Organization (CIRO) has announced that cryptocurrency funds will not be eligible for reduced margin rates due to concerns about volatility, liquidity risks, and regulatory uncertainty. This decision, released on February 5 as part of CIRO’s quarterly update to the…
Bid vs ask price is an important concept in trading the financial markets. The asking price is the lowest price a brokerage is willing to sell a stock, while the bid price is the highest price a trader is willing to pay to purchase it. These concepts also apply in crypto trading since tokenized assets are similar to stocks. In this article, we’ll learn what is the bid and ask price, bid and ask price examples, the difference between the bid and ask price, and the factors that influence the bid and ask price. What is the bid price? The…