AVAX price rallies after Avalanche development incentive and mainnet upgrade announcement

The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors.The WFE made a statement on Oct. 7 in response to the British financial regulator’s consultation paper on a potential ban on crypto derivatives such…

The Easy Company, a startup focusing on building a consumer layer for the decentralized web, has raised $14.2 million in a seed round for its “social” crypto wallet, which seeks to help onboard more mainstream audiences into the Web3 ecosystem. As reported by TechCrunch, the seed funding round was supported by a diverse group of investors,…

Bitcoin (BTC) price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain at the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the market consensus. This fuelled investors' hope for a soft landing and the possible aversion of a recession…

US authorities are working to return $8.2 million in crypto frozen and seized from three scam addresses to victims of a con involving fraudulent messages and a fake investment scheme.  The scam involved sending messages to random phone numbers pretending to have the wrong number. From there, the scammers would befriend the recipient, gain their

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech…

Ethereum's native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern.Ethereum price 'bear flag' setup activatedDubbed "bear flag," the bearish continuation…

“It may have extrinsic value in the sense that people want it,” said Bailey. 1116 Total views 10 Total shares Bank of England Governor Andrew Bailey’s position on crypto apparently hasn’t changed despite the economic fallout of the pandemic in the United Kingdom.According to an Oct. 12 report from Reuters, Bailey spoke at a Bank…

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.Cryptocurrencies were designed to operate in a decentralized manner.…

The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape.