Cryptocurrency Market Update: Widespread Decline as US DOJ Plans to Prosecute Binance
The cryptocurrency market has had a negative performance once again this week, as Bitcoin dropped close to the $29,000 mark.
US Federal Reserve Tightens Regulation of Digital Currency
Fed member banks must submit applications and receive unsupervised written approval from the Fed before issuing, holding, or transacting in cryptocurrency.
Bitcoin Hype
Last week, the crypto community in Vietnam was buzzing with an event that some media channels and social networks called a "new era" for cryptocurrencies. Some fund managers predict that from here, Bitcoin will rise to $100,000, $150,000, or even $1.5 million per bitcoin as predicted by fund manager Cathie Wood. So what's all the fuss about?
Crypto Market Recap: Binance Faces Another Round of Bad News
The cryptocurrency market has experienced a relatively calm week, with Bitcoin hovering around the $26,000 mark.
Bitcoin nears $45,000, surging 160% since the beginning of the year.
Bitcoin is continuing its upward momentum, surpassing the $44,000 milestone for the first time since April 2022.
US Approves Bitcoin ETF: Breakthrough in Cryptocurrency Market, but Bitcoin Only Rises 1%
For the first time, US regulators have approved Bitcoin ETFs, marking a significant breakthrough in the $1.7 trillion cryptocurrency market and expanding access to the world's largest digital currency. However, Bitcoin only saw a modest 1% increase despite the excitement within the crypto community surrounding this news.
JPMorgan Boss: Would Block Crypto Completely if Given Power
Jamie Dimon, the CEO of JPMorgan, has stated to American lawmakers that if given the power, he would completely block the entire cryptocurrency industry.
Bitcoin plunges 8% as Bitcoin ETF is approved
Bitcoin experienced a sharp decline on January 13, ending a volatile week in which its price skyrocketed to $49,000 but now sits below $43,000.
Hong Kong Police Investigating JPEX Cryptocurrency Exchange
The Securities and Futures Commission of Hong Kong has cautioned JPEX for advertising their trading platform as "recognized and licensed," when in fact they have not submitted an application or received approval from the government.
Crypto Market Last Week: Bitcoin Sold-off after ETF Frenzy
"Last week marked a major turning point for Bitcoin as the U.S. Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs after years of opposition."
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