Author: John Smith

Prime Minister of Malaysia, Anwar Ibrahim, says he wants to explore policies for crypto and blockchain technology after his meeting with Binance co-founder CZ and the Abu Dhabi government. According to a report by media outlet New Straits Times, Ibrahim returned to Malaysia after a three-day visit to Abu Dhabi with plans to start developing policies related to cryptocurrency and blockchain technology so that the nation does not get left behind. Speaking to reporters, the Prime Minister said he had lengthy conversations with the Abu Dhabi government and the former Binance CEO Changpeng “CZ” Zhao about crypto and blockchain technology.…

With inflation concerns and bond yields rising, analysts warn of significant crypto market fluctuations surrounding Trump’s inauguration, despite potential crypto-friendly policies. Donald Trump‘s inauguration is less than a week away, and analysts are now bracing for “heightened volatility” in the crypto market. Singapore-based QCP Capital suggested in its latest report that, similar to 2017, Trump’s actions are already shaking global markets before he officially takes office on Jan. 20. Inflation is still a major concern for the U.S. economy. While job growth exceeded expectations, with non-farm payrolls coming in at +256,000 versus the expected +165,000, inflation remains a worry. “While…

TikTok, the social media platform launched in September 2016, is facing a potential ban in the U.S. Will it affect the crypto market? On Jan. 19, the ban on TikTok in the U.S. will go into effect under the Protecting Americans From Foreign Adversary Controlled Applications Act. This legislation would make it illegal for app stores – run by Google and Apple – and web-hosting services to distribute or service TikTok. The social media application, which had an advertising revenue of $6.2 billion in the U.S. in 2023, has been asked by the Supreme Court to either sell the application…

A Russian citizen from Yakutia has been sentenced to seven years of prison for funding the Ukrainian Armed Forces by sending cryptocurrencies to their account. According to Russian media outlet Izvestia, the man is currently being held in a high-security holding facility for providing financial assistance to the Armed Forces of Ukraine or AFU. This marks the first public verdict in Russian court which involves the use of cryptocurrency to finance an opposing military organization. “A criminal case under Article 275 of the Criminal Code of the Russian Federation has been opened and investigated against a resident born in 1988,”…

Namibia’s central bank has granted the first set of provisional licenses to two cryptocurrency exchanges. According to local media, citing a recent media statement from the regulator, the Bank of Namibia has granted provisional authorization to Mindex Virtual Asset Exchange (Pty) Ltd. and Landifa Bitcoin Trade CC to operate as virtual asset service providers. However, they won’t be able to offer services to the public until they receive final approval from the central bank. The provisional licenses, valid for six months, allow the companies to establish their operations, hire staff, and set up the required infrastructure. Final approval will only…

Predictions market Polymarket may face closure in Thailand as authorities crack down on crypto-powered gambling activities. Thailand‘s cyber police are planning to shut down predictions market Polymarket, which officials say violates the country’s gambling laws. In a Jan. 14 statement, the cyber police said the website breaks local gambling laws. Per them, the platform “allows predictions on politics, sports, entertainment, and the economy,” which makes Polymarket an illegal online gambling platform. They also raised concerns about the use of crypto in betting, arguing that it makes tracking harder and increases the chances of misuse. “The CCIB emphasized the importance of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum maintains its dominance, emerging tokens like Yeti Ouro are carving out a space in the growing Play-to-Earn gaming sector, offering investors exciting opportunities for 2025. The crypto space is always changing. Established players like Ethereum (ETH) are still dominant, while new tokens like Yeti Ouro (YETIO) are finding their space in the growing Play-to-Earn (P2E) gaming sector. For investors, understanding these assets is key to finding opportunities. Ethereum forecast for 2025 Ethereum, the second largest crypto by…

XDC, the native token of the layer-1 blockchain, surged to a 39-month high on Jan. 15 after breaking a key resistance level fueled by a new partnership. XDC Network (XDC) soared 22% to $0.1231 over the past day, becoming the top gainer among the 100 largest crypto assets per data from CoinGecko. Its market cap stood at over $1.7 billion as of press time. The altcoin’s price rally was accompanied by a surge in trading volume and open interest in the futures market. Notably, the asset’s trading volume was up 44% over the past day, hovering over $84 million, while…

Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of outflows on Jan. 14, while Ethereum ETFs shifted to inflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $209.82 million in net outflows on Tuesday, extending their outflow streak to four days, during which over $1.2 billion exited the funds. The majority of outflows on the day came from BlackRock’s IBIT, which logged an outflow of $219.48 million, followed by Bitwise’s BITB, which saw an outflow of $8.93 million. WidomTree’s BTCW managed to part of these outflows with an inflow of $10.24 million…

South Korea kicks off talks on the second phase of crypto regulations, focusing on stablecoins and user protection, with a draft expected by mid-2025. South Korea‘s financial regulator, the Financial Services Commission, has officially started working on the second phase of its crypto rules to boost user protection, local news outlet EDaily reports. Kim So-young, Vice Chairman of the FSC, said the move to push ahead with phase two comes as the global crypto market faces “rapid changes with mixed feelings of optimism and uncertainty.” South Korea’s first crypto regulation, known as the Virtual Asset User Protection Act, came into…