CoinRegWatch

The United Kingdom is poised to enact new legislation covering stablecoins and various crypto activities, including staking, trading, and custody.  The forthcoming regulations, which are expected to be implemented by June or July 2024, mark a significant milestone as they bring digital assets, such as the operation of exchanges and the custody of customer funds,…

Hong Kong’s recent move to allow direct Bitcoin investment has caught the attention of the market. With bull run 2024 underway, the region’s decision could signal significant changes for other cryptocurrencies. Many are speculating about the potential for an altcoin surge. This piece dives into the key factors that could influence a market shift and…

Following the approval of spot Bitcoin and Ethereum exchange-traded funds in Hong Kong, *ETH* activity has boomed again. The return of eight whales who had previously profited from Ethereum transactions, as detected by Spot On Chain’s AI Bot, has been remarkable. Those whales were busy purchasing more $ETH directly on the blockchain. Shortly after Hong…

Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900…

In the financial market pump and dump is quite common. Every market either stock, bond, or crypto, prices dump once in a while. This type of fall is healthy for the market to move in an upward direction. Whales try to manipulate the market and accumulate or increase their position in the asset. The crypto…

As the anticipated Bitcoin Halving approaches, a new native digital commodity protocol is set to make its presence felt in the cryptocurrency landscape. The Runes Protocol, developed by the mind behind the Ordinal Theory, Casey Rodarmor, is generating buzz as it introduces a new fungible token standard for Bitcoin.  A recent report by crypto analysis…

As the bull run of 2024 gains momentum, alternative coins are showing signs of significant price increases. The current market trend suggests an upcoming period of strong growth for these smaller cryptocurrencies. Investors are keen to identify which ones might lead the charge. This article provides an analysis of the market, shedding light on the…

CrossSpace, a ground-breaking platform in SocialFi and asset distribution, is unveiling its integration with BNB Chain. It is a major achievement in the field of on-chain influencer networks. As a result of this integration, transaction speeds will improve and gas fees will decrease, providing people with a more seamless experience with BNB Chain. CrossSpace Boosts…

According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two…

Shiba Inu burn rate just skyrocketed by 18,000%. With over 658 million SHIB taken away from circulation, the price of the token has seen a visible uptick. Shiba Inu (SHIB) has emerged as a beacon of resilience in the meme coin ecosystem, with its burn rate skyrocketing by 18,000%. With this outstanding increase, SHIB appears…