The European Banking Authority (EBA) recently announced updates to its Travel Rule guidelines, which will now include crypto service providers and intermediaries. These changes are set to take effect starting December 30, 2024, and will impact crypto exchanges in the European Union. Key Changes and Requirements The updated guidelines require crypto exchanges to report information
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The gaming industry is constantly evolving, with new technologies like blockchain revolutionizing the way games are developed and played. Double Jump.Tokyo, a prominent blockchain application developer in Japan, has recently announced an exciting partnership with Ubisoft, a leading game developer and publisher. This collaboration aims to bring web3 integration support to Ubisoft’s latest web3 game,
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The cryptocurrency market has experienced a significant downturn in the past 24 hours, with the total market capitalization plunging to $2.07 trillion, marking an 8.6% decrease within a day. This downward trend has impacted the majority of major digital assets, leaving only a handful of them resilient to the negative trajectory. The flagship cryptocurrency, Bitcoin,
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The impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox has stirred significant market anxiety. This amount represents 0.68% of the total Bitcoin supply and is slated for distribution among the exchange’s creditors. Large transfers of 52,633 BTC in recent hours suggest preparations for a large-scale disbursement, raising concerns among market observers
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Ethereum (ETH) has been facing a tough time in the recent cryptocurrency market bloodbath. With a 9% price decline in the past week, ETH is currently sitting at the $3,130 level. The market is watching closely as key levels are being tested to avoid further losses and liquidations. As highlighted by crypto analyst “Inspo Crypto,”
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Samuel Edyme, also known as HIM-buktu, is not your typical writer and trader in the crypto space. He has proven to be a versatile individual with a unique journey that sets him apart from the rest. His ability to adapt and thrive in the ever-changing world of cryptocurrency writing and trading is truly remarkable. A
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Cryptocurrency expert Michael van de Poppe recently pointed out a crucial indicator suggesting a potential bounce for Bitcoin, following its dip below $60,000. Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a possible relief bounce from its current price level. According to his analysis, Bitcoin is expected
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BitMEX, the Seychelles-based derivatives exchange, has recently introduced a new financial product called the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative offering aims to provide traders with a convenient way to access a diverse range of meme coins in the cryptocurrency market through a single contract. The MEMEMEXTUSDT Basket Index includes popular meme coins
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