The USD/ZAR exchange rate continued its strong downward trend, reaching its lowest level since June 2022. It has dropped in the last eleven consecutive weeks as the South African rand surge gained steam. It is down by over 20% from its highest level in April
The Brazilian real continued its strong rally this week, reaching its highest level since May 2024 as the US dollar sell-off gained momentum. The USD/BRL exchange rate has dropped in the last five consecutive weeks and is down by 18% from its highest level since
The UK’s advertising regulator has moved to block a series of Coinbase advertisements, arguing that the campaign framed cryptocurrency as a response to cost-of-living pressures while downplaying investment risks. According to the Guardian, the Advertising Standards Authority found that the campaign crossed regulatory lines by
Crypto money laundering is no longer centred on large, centralised exchanges. Instead, informal Chinese-language networks are playing a growing role in helping criminals move and disguise illicit funds. A new report from Chainalysis shows how these networks have expanded rapidly since 2020, reshaping the global
Steak ‘n Shake has increased its Bitcoin exposure with a $5 million addition to its corporate reserves, continuing with its strategy of channelling all Bitcoin payment revenue directly into a dedicated treasury fund.In a Jan. 27 post on X, Steak ‘n Shake described the approach
Bitget, the world’s largest Universal Exchange (UEX), has appointed Oliver Stauber as CEO of Bitget EU. With this, the platform confirms its plans to establish its European headquarters in Vienna, Austria, a step aligned with the company’s preparations for operating under the European Union’s Markets
Ethereum has surged back above the pivotal $3,000, with bulls retesting the threshold amid a broader cryptocurrency rally. This comes amid anticipation around the Federal Reserve’s upcoming policy decision.Notably, the top altcoin’s price climbed as Bitcoin powered to above $89,000, likely capitalizing on a weakening
The crypto market is keenly awaiting the Federal Reserve’s potential decision on interest rates after the FOMC meeting tomorrow. With inflation still high and the job market starting to cool, investors are watching to see whether the Fed will change its approach or keep rates
First spot Sui ETF launch moves closer as Grayscale amends its spot Sui Staking ETF application with the U.S. Securities and Exchange Commission (SEC). Multiple issuers, including Bitwise and Canary Capital, seeking regulatory approval could trigger a rebound in SUI price. Grayscale Updates Sui ETF
The XRP Ledger has hit a major milestone, suggesting a high level of institutional interest in its platform. This comes amid increased activity surrounding the tokenization of assets on the XRPL. Tokenized Assets on XRP Ledger Surpass $1 Billion Mark Crypto investor Paul Barron shared