Chairman Tim Scott delays vote on bitcoin legislation
The US Senate Banking Committee, chaired by Tim Scott, has pushed back the markup of a bill on the structure of the cryptocurrency market that was set for Thursday. “I have engaged with leaders from the cryptocurrency sector, the financial industry, and my Democratic and Republican counterparts, and all parties continue to collaborate in excellent […]
Google Enforces Mandatory Registration Rule for Crypto Apps in South Korea
The Google Play Store has chosen to restrict the listing and updating of foreign-based cryptocurrency exchanges and software wallets that operate without registration, which will have a direct effect on the cryptocurrency industry in South Korea. This policy would drastically change South Korean Android users’ access to many international platforms starting on January 28. Registration […]
KAITO price breaks key downtrend line as developers discontinue Yaps
The price of the KAITO token declined by 24% on Friday following the announcement from the Kaito development team regarding the termination of their Yaps initiative. It has fallen beneath a critical falling trendline, rendering it susceptible to further losses in the future. On January 15, Yu Hu, founder of the crypto analytics platform Kaito, […]
Ark Invest predicts Bitcoin could hit $300K–$1.5M by 2030
The market is moving into a more institutional, lower-volatility age as a result of ETFs and corporate treasuries absorbing more bitcoin than anticipated. According to David Puell of Ark Invest, investors’ level of exposure and the vehicles they use will determine the next stage of the Bitcoin market more so than whether they believe in […]