KuCoin BTC reserves have contracted 77 % since June 2023, sliding from 18,300 to 4,100 BTC after the exchange enforced mandatory KYC. On-chain data indicate privacy-focused users have withdrawn funds to dodge new checks, exposing the balance exchanges face between compliance and user retention.
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Category: Cryptocurrencies
House Financial Services Committee Member Maxine Waters Will Object To Crypto Hearing
Ranking Member of the House Financial Services Committee Maxine Waters (D-MO) is slated to object to a joint crypto hearing scheduled for Tuesday, Politico reported on Monday.Maxine Waters Hones In On Trump Crypto Connections Hosted alongside the House Agriculture panel and titled American Innovation and the Future of Digital Assets: A Blueprint for the 21st […]
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Russian Economist: Digital Ruble Rollout May Be Pushed Back to 2027
A Russian economist has claimed that the nation’s Central Bank Digital Currency, the digital ruble, may not roll out nationwide until 2027.
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Is Bybit’s 500x Leverage on US Stocks and Gold a Game-Changer – or Disaster?
Bybit has disclosed plans to launch trading in U.S. equities such as Apple, plus gold and crude oil, by Q2 2025 through its MT5 gateway. The exchange has paired the move with up to 500x leverage and AI-driven analytics after a record $1.5 billion hack prompted a sweeping security rebuild globally.
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XRP Price Prediction: Whale Activity Signals Massive $10 Breakout Soon
XRP (XRP) is down 2% in the past 24 hours, currently trading at $2.14 after a weekend pullback across the broader crypto market.While recent whale activity – including a 29.5 million XRP transfer to Coinbase valued at $64.4 million – might suggest short-term pressure, it could also signal strategic repositioning ahead of a major move.Large […]
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Solana Headed for $900? Here’s the One Resistance Level That Could Stop It
Solana (SOL) has faced some short-term pressure, slipping 4.2% over the past week as the broader market took a breather.However, trading volume has jumped 19.4% in the past 24 hours – a sign that interest is ramping up even as the price edges down 0.7%.Momentum may be building for a breakout, especially with popular analyst […]
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$BNB Climbs on 13% Volume Spike – Will ETF Bid & Kyrgyz Deal Spark a Breakout?
$BNB has held a cautious uptrend at $595.32, rebounding from $584 amid VanEck’s spot ETF filing and a Binance pact with Kyrgyzstan to roll out crypto payments, training and reserves. Trading volume has climbed 13% to $1.4 bn, while network usage has led stablecoin growth and record on-chain fees.
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The SEC Rallies BlackRock, Nasdaq and Fidelity for Pivotal Tokenization Summit
The SEC has announced a May 12 roundtable to probe tokenization, bringing BlackRock, Nasdaq, Invesco, Franklin Templeton and others together with regulators. Two panels will weigh operational and legal hurdles of shifting traditional assets onto blockchains, informing future policy moves.
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Trump Wants China to Stay Out of the Crypto Space
Donald Trump has indicated he believes it is crucial to keep crypto away from China and prevent the country from gaining control.
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Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives
MBS Global Investments, the Maldives government signed a joint venture agreement on Sunday to build $8.8 billion crypto hub in Malé.
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