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November 16, 2023

Bitcoin Ordinals Token Ecosystem Emerges as Latest Crypto Play, Led by ORDI Hype

Overall capitalization of such tokens has risen over 21% in the past 24 hours, outperforming most other token sectors.

News
November 16, 2023

Do Kwon’s Appeal in Fake Passport Case Denied by Montenegro High Court

The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

News
November 16, 2023

Philippines to Sell Tokenized Treasury Bond Next Week

The Bureau of the Treasury has set a minimum target of 10 billion pesos.

News
November 16, 2023

Bitcoin Could Reach $45K by Year-End, Analyst Says

Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.

News
November 16, 2023

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime.

News
November 16, 2023

‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.

News
November 16, 2023

South Korea’s Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

News
November 16, 2023

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.

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