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The Zcash Foundation announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the privacy-focused cryptocurrency, Zcash. The probe, which began in 2023, examined whether Zcash should be classified as a security. The foundation expressed relief over the SEC's decision, emphasizing its commitment
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On January 14, 2023, analysts provided price predictions for several major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP. Bitcoin is expected to test resistance levels around $20,000, while Ethereum may see fluctuations between $1,200 and $1,300. XRP's price is projected to remain stable, with
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Bitwise has launched exchange-traded products (ETPs) for Bitcoin, Ether, and Solana on Nasdaq Stockholm. This move expands Bitwise's offerings in the European market, allowing investors to gain exposure to these cryptocurrencies through regulated financial instruments. The ETPs are designed to track the performance of the underlying digital assets,
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EU-based crypto exchange Bitpanda is reportedly planning an initial public offering (IPO) valued at $5 billion in 2026. The company aims to capitalize on the growing interest in cryptocurrency and digital assets. Bitpanda has been expanding its services and user base, positioning itself as a significant player in the European
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The Algorand Foundation has returned to the U.S. following a more favorable regulatory environment for cryptocurrencies under the Trump administration. The foundation aims to expand its presence and support for blockchain technology in the country. This shift comes as the U.S. government is adopting policies that are perceived
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Bitcoin exchange-traded funds (ETFs) have attracted $754 million in investments as the price of Bitcoin (BTC) surpasses $95,000. This surge in ETF inflows reflects growing institutional interest in Bitcoin as a viable investment option. The recent price increase is attributed to various factors, including positive market sentiment and regulatory
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The CoinDesk 20 index has seen a notable increase, with the Internet Computer (ICP) experiencing a 13% surge. This rise contributes to the overall positive performance of the index, which reflects the broader cryptocurrency market trends. The increase in ICP's value highlights growing investor interest and market confidence
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Financial advisors are increasingly optimistic about cryptocurrency investments, with a recent survey indicating that 82% of them believe digital assets will gain wider acceptance in the next five years. The survey also revealed that 62% of advisors currently recommend crypto to their clients, a significant increase from previous years. Many
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Crypto analytics firm Chainalysis reported that impersonation and AI-driven scams in the cryptocurrency sector resulted in losses of $17 billion in 2022. The firm highlighted that these scams have become increasingly sophisticated, leveraging advanced technologies to deceive victims. Impersonation scams, where fraudsters pose as legitimate entities, accounted for a significant
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Crossmint has received approval under the EU's Markets in Crypto-Assets (MiCA) regulation to offer stablecoin infrastructure throughout the European Union. This regulatory nod allows Crossmint to expand its services, facilitating the issuance and management of stablecoins in compliance with EU standards. The company's platform aims to
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Mantra, a decentralized finance platform, is undergoing a significant restructuring following the collapse of its OM token and a challenging year for the company. The restructuring aims to streamline operations and improve financial stability after facing regulatory challenges and market volatility. As part of this process, Mantra is focusing on
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On October 3, 2023, Bitcoin experienced a significant price surge, reaching a peak of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $2,200, as the network prepares for its upcoming upgrade. In regulatory news, the SEC announced a new framework