Cryptocurrencies were made to improve the way we transfer value. It gives financial options to those seeking something better or those excluded from traditional finance. However, the crypto sector’s growth is hindered by regulations or the lack of clarity on…
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What is Polygon 2.0? Is it Better?
The word of crypto is dynamic, and it is not uncommon to see upgrades or forks to a blockchain network. Developers of the layer two scaling solution Polygon is proposing to transform the token. Polygon Labs plans to enhance the…
XRP Claims Major Victory, But it Has a Caveat
In December 2020, The US Securities and Exchange Commission filed a lawsuit against Ripple Labs the creator of XRP. The case was based on the premise that Ripple Labs sold XRP as an unregistered security. On July 13, 2023, Judge…
Bitcoin ETF Filings Poised to Inject a Whopping $30 Trillion into the Bitcoin Market – Bloomberg Analyst
The U.S. Securities and Exchange Commission (SEC)’s green signal to a Bitcoin spot Exchange-Traded Fund (ETF) could catapult an incredible $30 trillion capital flow into the Bitcoin market, Bloomberg ETF analyst Eric Balchunas predicts. This staggering figure embodies the total…
AI Fraud on the Rise, Warns UK Regulator
Financial fraud or scams probably predates recorded history. This lucrative endeavor has allowed many bad actors to amass wealth at the expense of unsuspecting victims. With the emergence of Artificial Intelligence, con artists have found a new tool to help…
Bitcoin Could Surge to 120k by 2024 – Standard Chartered Bank
The price projection of Bitcoin has always been a well-discussed topic. Analysts, financial experts, and influencers all have something to say about the number one digital asset’s future value. The crypto space is cluttered with so many “experts” that it…
Ex-CFTC Chairman Sounds the Alarm: The Crypto Industry Can’t Wait – Urgent Regulations Required Now for a Secure Future
In an urgent call to action, the former chairman of the Commodity Futures Trading Commission (CFTC) insists that cryptocurrency needs regulation now more than ever. His plea underscores the urgent need for policy clarity as the crypto industry continues its…
Will Crypto Investors Benefit from New Singaporean and Thai Laws?
Investing in crypto is not for the faint of heart. We often hear that investing in digital assets is risky, and it is recommended that you only put in what you can afford to lose. A lot of crypto enthusiasts…
How to Interpret BlackRock’s CEO Bitcoin Stance
There was a time when experts from traditional finance did not think positively of Bitcoin. Some expected it to just fade, just like any other fad. Other doubters called it magic internet money. But times have changed, and even financial…
Important Crypto and AI News from China
China is one of the world’s largest economies and is home to more than 1.4 Billion people. These two factors make the Red Dragon a major market mover in traditional finance and the digital assets industry. Its stance on crypto…