Bitcoinsensus
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Bitcoin Dips Below $60k for First Time Since February, Alts Follow Suit
- April 20, 2024
- Posted by: MasterAdmin
- Category: Bitcoinsensus
No Comments- Bitcoin has dipped below the psychologically significant $60,000 level for the first time since February 2024.
- The dip has triggered a broader decline in the overall crypto market, with major altcoins like Ethereum also experiencing losses.
- Market analysts are attributing the correction to various factors, including potential profit-taking among other concerns.
After a somewhat extended period of relative stability, the crypto market has once again experienced a notable correction – with Bitcoin‘s price sliding all the way down to the sub-$60k level and reaching a low of around $59,900.…
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Tether On USDT Minting Spree, Adding $2B on the Ethereum Network: Report
- April 17, 2024
- Posted by: MasterAdmin
- Category: Bitcoinsensus
Tether Bolsters Ethereum Network Inventory with $2 Billion USDT Authorization
- Tether authorizes the issuance of an additional 2 billion USDT on the Ethereum network to supplement inventory and fulfill future issuance requests.
- The move comes amidst surging demand for stablecoins, with USDT’s market capitalization exceeding $80 billion.
- Tether’s proactive approach demonstrates its commitment to supporting the growing ecosystem of decentralized finance and meeting user needs.
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Hong Kong’s First Spot Bitcoin ETFs Set for Approval in April 2024: Report
- April 16, 2024
- Posted by: MasterAdmin
- Category: Bitcoinsensus
- Hong Kong is posed to become Asia’s pioneer in offering spot bitcoin exchange-traded funds (ETFs).
- This move is seen to help enhance Hong Kong’s appeal to investors and bolster its position in the financial trading landscape.
- Several mainland Chinese and Hong Kong asset managers have already applied to launch spot bitcoin ETFs.
Hong Kong is on the verge of becoming Asia’s pioneer in offering spot bitcoin exchange-traded funds (ETFs), with the first approvals expected to be unveiled this month.…
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Coinbase Becomes First Major Crypto Exchange Registered in Canada
- April 16, 2024
- Posted by: MasterAdmin
- Category: Bitcoinsensus
Coinbase Registration with the CSA Marks its Canadian Expansion
- Coinbase becomes the largest and first international cryptocurrency exchange to register as a Restricted Dealer with the Canadian Securities Administrators (CSA).
- A survey finds that 72% of Canadians consider the regulation of cryptocurrency exchanges important, and Coinbase sees significant potential for the crypto market to grow in Canada.
- Coinbase’s registration in Canada follows similar milestones in France, Spain, Singapore, Italy, Ireland, and the Netherlands over the past year.
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South Korea to Impose Stricter Crypto Exchange Listing Guidelines: Report
- April 16, 2024
- Posted by: MasterAdmin
- Category: Bitcoinsensus
South Korea Poised to Enhance Crypto Market Integrity
- South Korean financial authorities will soon introduce stricter guidelines for token listings on centralized exchanges to bolster investor protection and transparency.
- The new regulations may prevent the listing of tokens from projects with unresolved security issues and require foreign projects to develop localized whitepapers.
- The Financial Services Commission seeks input from local exchanges to create a comprehensive regulatory framework that balances innovation and investor protection.