On January 15, the United States Department of Justice (DOJ) announced that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The court found that the crypto exchange willfully failed to establish adequate anti-money laundering (AML) and know-your-customer (KYC) protocols. BitMEX’s Response In...Read More
The price of XRP has skyrocketed by ~50% this month alone. With this, the altcoin has successfully reclaimed the $3 mark for the first time in 7 years. Despite the recent appeal by the SEC, the Ripple token has maintained its bullish action, highlighting strong fundamentals for the altcoin in the market. Moreover, the 03rd...Read More
The crypto industry is optimistic that the United States President-elect, Donald Trump, will issue pivotal executive orders regarding the industry upon taking office on January 20. According to sources cited by the New York Post, Trump is exploring the creation of an “America-first” digital asset reserve, emphasizing cryptocurrencies developed within the United States. The initiative...Read More
[PRESS RELEASE – Victoria, Seychelles, January 16th, 2025] Recently, despite the pressure due to the appeal of the U.S. Securities and Exchange Commission, XRP has shown strength, with market sentiment reaching new highs. Multiple positive factors have driven XRP’s price to soar, and analysts are optimistic about its prospects, predicting a potential breakthrough of the...Read More
[PRESS RELEASE – Toronto, Canada, January 16th, 2025] Torram, a Web2.5 infrastructure company, has announced the successful closure of its $710,000 pre-seed funding round in early December 2024. The company is focused on developing institutional-grade decentralized finance (DeFi) infrastructure directly on Bitcoin, positioning itself as a key enabler of innovation in the evolving financial ecosystem....Read More
[PRESS RELEASE – Singapore, Singapore, January 16th, 2025] Reddio is excited to announce the official launch of its highly anticipated Testnet, marking a significant milestone as a front-runner in launching Parallel EVM public Testnets. Powered by GPU-accelerated parallel EVM technology and designed to enable AI capabilities, Reddio’s innovative architecture redefines the power of high-performance blockchain...Read More
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Binance Open Interest Spikes After CPI Data Within two hours of the CPI...Read More
The U.S. Securities and Exchange Commission (SEC) has formally appealed against a 2023 ruling that found sales of Ripple’s XRP token on crypto exchanges did not break securities laws. According to the regulator, District Court Judge Analisa Torres was “factually and legally” wrong when she concluded that offers and sales of XRP to the public...Read More
On 17 January at 04:00 UTC, FTR – the native token of Fautor Foundation – is coming to BitMEX via a Spot listing, FTR/USDT, for users to trade, deposit, and buy the FTR token. To celebrate the new listing, we’re launching a BitMEX x Fautor campaign – where you can win up to 1,000,000 FTR...Read More
Cryptocurrency staking has become an increasingly popular way to earn passive income by participating in blockchain networks. As we enter 2025, the staking scenario has exceeded the limits with so many options and better crypto staking rewards. Therefore, in this article, you will get to find out about the nine highly-renowned crypto-staking platforms in 2025,...Read More
Litecoin (LTC) prices have surged around 17% over the past 12 hours, propelling the cryptocurrency to an intraday and 4-week high of $118 during early trading in Asia on Thursday morning. However, LTC topped $140 during the December crypto rally and still remains down 72% from its May 2021 all-time high of $410. “Litecoin has...Read More
