The cryptocurrency industry was rocked by unsubstantiated rumors this week claiming OKX founder Mingxing “Star” Xu had been arrested by US authorities. However, Xu and OKX leadership were quick to deny the allegations, calling them outright falsehoods designed to stir FUD and potentially impact OKX’s native token OKB price. Rumors first emerged on Chinese social […] <p>The post OKX Founder Refutes Arrest Rumors, Dismisses Allegations as Attempt to Manipulate Market first appeared on CCNC.</p> ..read more

The U.S. Securities and Exchange Commission (SEC) has once again extended its review period for Grayscale Investments’ application to launch the first Ethereum-based exchange-traded fund (ETF) in the US. In a filing published on March 22, the SEC announced it was pushing back the final decision date from March 31 to May 30. According to […] <p>The post SEC Extends Review Period for Grayscale’s Proposed Ethereum ETF first appeared on CCNC.</p> ..read more

Hong Kong has seen a surge in crypto investment scams over the past year, with victims losing millions to deceptive practices. In one such case, a 46-year-old housewife fell prey to social media impersonators and lost HK$7.1 million (around $908,000) in what authorities have deemed an ‘obtaining property by deception’ scheme. Sources familiar with the […] <p>The post Crypto Scams on the Rise: How a Hong Kong Housewife Lost Nearly $1 Million to Fraudsters first appeared on CCNC.</p> ..read more

Bitcoin, the leading cryptocurrency, surged to a new all-time high of $64,000 on Feb. 28, as traders anticipated a further boost from the upcoming halving event. Bitcoin’s fourth halving is expected to occur on April 17, 2024. Bitcoin’s block reward is cut in half every 210,000 blocks, or approximately every four years. This means that the amount […] <p>The post Bitcoin Breaks $64,000 as Halving Looms first appeared on CCNC.</p> ..read more

Cardano’s native cryptoasset ADA has seen impressive price action over the past month, delighting investors with sustained momentum. According to analysis from leading Cardano data trackers, the widespread growth experienced by the network provides fundamental backing for ADA’s bullish price performance. New data reveals Cardano set a new all-time high for wallet creation in February, […] <p>The post Cardano Continues To Surge As New Wallet Adoption Breaks Records first appeared on CCNC.</p> ..read more

With Bitcoin ascending to new highs above $59,000 after rallying over 40% in the past month, some traders are taking measures to protect profits from a potential pullback. As per data from options analytics platform Greeks.Live, large traders known as “whales” have begun purchasing put options on Bitcoin with strike prices well below the current […] <p>The post Crypto Traders Take Out Protection as Bitcoin Rally Surpasses 40% Gains first appeared on CCNC.</p> ..read more

Bitcoin price has surged above the $57,000 mark, indicating that the dominant cryptocurrency remains in a bullish phase. Accompanying this price rise is a significant increase in risk appetite amongst BTC investors, as various on-chain metrics point to rising speculation and leverage. According to a recent analysis by on-chain data firm Glassnode, signs of speculation […] <p>The post Bitcoin Bulls Take On More Risk as Market Rally Continues first appeared on CCNC.</p> ..read more

alameda research's worldcoin gains exceed $50 million as wld price surges to new highs 3 Alameda Research, the embattled cryptocurrency trading firm founded by Sam Bankman-Fried, saw its investment in the Worldcoin project grow by more than $50 million this week as the price of the WLD token achieved new all-time highs. According to on-chain … <p>The post Alameda Research’s Worldcoin Gains Exceed $50 Million as WLD Price Surges to New Highs first appeared on CCNC | Cryptocurrency Newscast.</p> ..read more

japan paves way for increased crypto adoption? 5 In a sign that Japan is advancing its embrace of cryptocurrencies, Prime Minister Kishida’s administration has given approval for a bill that would allow venture capital and investment funds to directly hold digital assets. According to a recent Bloomberg report, the revised Industrial Competitiveness Enhancement Act aims … <p>The post Japan Paves Way for Increased Crypto Adoption? first appeared on CCNC | Cryptocurrency Newscast.</p> ..read more

the road to $100,000? examining bold predictions for bitcoin's price in 2024 2 Bitcoin, the world’s first and most popular cryptocurrency, has been on a roller coaster ride since its inception in 2009. From its humble beginnings as a peer-to-peer electronic cash system, Bitcoin has grown to become a global phenomenon, attracting the attention of … <p>The post The Road to $100,000? Examining Bold Predictions for Bitcoin’s Price in 2024 first appeared on CCNC | Cryptocurrency Newscast.</p> ..read more