CryptoNews

Luetkemeyer's Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee

Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More Progressive Crypto Legislation In a move that could impact the future of cryptocurrency regulation, U.S. Rep.
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CryptoNews

Report: Taiwan Police Arrest Crypto Exchange Bosses Accused of Fraud

The police in Taiwan recently arrested two individuals who are accused of deceiving 100 investors into buying fake virtual currencies. The police also apprehended 14 other participants in the fraud scheme and recovered more than $7 million in both cash and virtual currencies. Worthless Virtual Currencies Taiwanese police recently arrested two executives of what has been described as one of the…
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CryptoNews

South Korea's Crypto Surge — Navigating the 'Kimchi Premium' and Massive Trade Volumes

Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $43,356 per unit, in South Korea, it commands a premium, trading at approximately $44,317 per coin. Tracing the Strong Won-to-Crypto…
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CryptoNews

Bitcoin Technical Analysis: BTC 15th Anniversary Celebrations Marred by Market Mayhem

In the wake of bitcoin’s 15th anniversary, the cryptocurrency behemoth confronts a challenging market terrain, as its price dipped 6.7% to prices between $42,350 to $42,619 amidst swirling rumors of spot bitcoin exchange-traded fund (ETF) rejections. Bitcoin The past day saw bitcoin’s price range fluctuate between $41,804 and $45,813 with a market capitalization of $832 billion and trading…
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