Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
Binance Spun Off Venture Capital Arm Earlier This Year
Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.”
Gold Investors Aren’t Switching Into Bitcoin, JPMorgan Says
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
Bitcoin Layer-2 Project BVM Gains Traction With Promise of ‘Juicy’ Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Canada Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
Democrats Ask SEC’s Gensler to Block Approval of More Crypto ETPs
Senators say that retail investors face “enormous risks” from such products because thin order books for some cryptocurrencies.
Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
The Foundation first said in December it would invest in meme coin as part of a digital culture drive.
Bitcoin’s Correlation to Nvidia Strongest in Over a Year
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
Bitcoin Tumbles to $67K As Asia Begins Trading Day
Bitcoin’s price has begun a recovery, trading above $68,5K as the day continues.
El Salvador Has Thousands More Bitcoins Than Previously Known
The Central American nation moved $400 million in BTC into a cold storage wallet this week.