Australia to crack down on crypto ATM providers, citing money laundering risk
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime. Source link
‘Normie degens’ go all in on sports fan crypto tokens for the rewards
A growing community of sports fan crypto token holders are spending hours daily unlocking rewards and experiences no matter what the price. Source link
CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.” Source link
Crypto investors still driven by FOMO and FUD, Kraken warns
Over 80% of crypto holders admit emotional triggers like FOMO and FUD drive their investment decisions, a survey reveals. A new survey of 1,248 crypto holders shows the significant impact of emotional decision-making, with 84% admitting to making investments based on fear of missing out and 81% influenced by fear, uncertainty, and doubt, Kraken reveals. […]
Binance, WazirX among crypto firms evading taxes in India, says gov’t
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said. Source link
South Korean martial law catapults crypto trading volume to new record high with $34b
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in the past 24 hours the combined crypto spot trading volume from Upbit, Bithumb, Coinone, Korbit […]
Crypto analyst says ‘flash crash likely’ as 24-hour liquidations hit $618M
A crypto analyst says a “flash crash is likely” but views it as a buying opportunity, signaling optimism for the long term. Source link
Crypto markets claw back as South Korea reverses martial law
South Korean President Yoon Suk Yeol has reversed his declaration of martial law after six hours of heightened tension at South Korea’s National Assembly. Source link
Missed the XRP price surge? 3 old-school crypto to consider
Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November. Ripple’s (XRP) jump has triggered a strong rally among many old-school cryptocurrencies that performed well in 2021. Here are some of the top coins to watch now that the altcoin season index […]
Crypto exchange volumes hit 3 year high in November, riding Trump’s win
Crypto exchange executives said more regulatory clarity and high hopes after US President-elect Donald Trump’s win contributed to high trading volumes in November. Source link
