[ad_1] Binance just ignited a compliance revolution in India’s crypto market, enforcing full KYC re-verification to tighten security, align with AML laws, and redefine user accountability. Binance Triggers Full KYC Lockdown in India Crypto exchange Binance announced a policy update on April 18 mandating know your customer (KYC) re-verification for all users in India, regardless of when they joined the platform. The notice follows a broader push to comply with India’s anti-money laundering (AML) regulations and comes as Binance looks to reinforce account security standards across the board. The exchange detailed the legal and regulatory basis for the decision, underscoring…
Author: NBTC
[ad_1] Bitcoin’s price receded by 2.6% today, dipping below the $81,000 mark in a subtle yet thought-provoking shift. This pullback may serve as a cryptic overture to Monday’s Wall Street open, stirring quiet apprehension among market participants. Market on Edge: Bitcoin Retreats as Global Liquidity Clouds the Outlook On April 6, bitcoin’s valuation declined, landing at $80,538 per unit after sliding from its recent high of $83,668. The premier digital asset saw its 24-hour trade volume contract to $14.16 billion—a 17% reduction. The day’s most active trading unfolded on platforms such as Binance, Bybit, OKX, Bitget, and Crypto.com, in that…
[ad_1] Old-school commodity trader Peter L. Brandt, who has been in the business since the mid-1970s, has stirred the crypto community with his recent tweet, where he predicts Ethereum to nosedive to a 2022 low of $800. ETH to revisit $800, Peter Brandt predicts Brandt shared a chart, which clearly demonstrates the way he expects Ethereum price trajectory to go from the current trading point. The chart shows a descending triangle pattern which usually predicts further and deeper price declines. Over the past year, the second largest cryptocurrency has already displayed a massive 46% decline. Since Wednesday, when ETH crashed…
[ad_1] Over $9.9B in Litecoin whale transactions sparks speculation of a bullish reversal if LTC breaks the $100 barrier. Institutional interest and ETF chatter fuel optimism, but market remains cautious as whale activity rises. In a remarkable display of activity—similar to CNF’s 2024 coverage on Litecoin whales making big moves—Litecoin (LTC) has recently seen a significant surge in large-scale transactions within the past 24 hours. According to data from IntoTheBlock, transactions exceeding $100,000 have collectively amounted to 107 million LTC, equivalent to an impressive $9.99 billion in value. This uptick highlights renewed interest from major investors, commonly referred to as…
[ad_1] While a favorable ruling could expedite the resolution of Ripple’s long-standing legal battle with the SEC, any delays or unfavorable outcomes could prolong the case until 2027. XRP’s price has climbed over 20% in the past week, surpassing $2, with analysts suggesting it may enter a bullish Wave 5 pattern. The struggle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its end, which has been going on for more than five years in courtrooms. Thus, Ripple is now pushing for a significant judicial clarification that could reshape its future business trajectory and influence overall…
[ad_1] Vietnam is charging into the global crypto race with a bold plan to pilot a national exchange, signaling massive momentum for digital asset regulation and innovation. Vietnam Unveils Plan to Pilot National Crypto Exchange Vietnam’s Ministry of Finance announced on April 17 that it is preparing a proposal to pilot a domestic crypto exchange, as part of efforts to establish a regulatory structure for digital assets. This initiative was confirmed during a meeting in Hanoi between Finance Minister Nguyen Van Thang and Bybit Technology Co. Ltd. co-founder Ben Zhou. Minister Thang, via a Google translation, said Vietnam ranks third…
[ad_1] Bitcoin price action has remained largely subdued over the past two months, with the crypto king stuck in a broadening descending wedge pattern. Despite several attempts, BTC has failed to breach critical resistance levels. However, historical trends and improving macro indicators suggest that recovery might be within reach. Bitcoin Is Doing Much Better Bitcoin’s market value to realized value, or supply MVRV, dropped to 0.88 this week. This metric highlights the extent of loss realized by the average BTC investor. While this level signals losses, it is not as severe as past major corrections, such as those in 2018…
[ad_1] Ethereum’s price action has been quiet but calculated in recent weeks. Hovering around the $1,600 mark, ETH seems to be forming a base but is it preparing for a breakout, or is more downside coming? With key technical indicators aligning and moving averages tightening, Ethereum might be gearing up for a pivotal move. Let’s break down what the charts are telling us and what could happen next. Ethereum Price Prediction: What’s Driving ETH’s Current Price Behavior? Ethereum price is currently trading at approximately $1,595. Although it hasn’t made any explosive moves lately, it’s showing resilience. The broader crypto market…
[ad_1] Walrus Protocol has announced a strategic partnership with Pyth Network to bring highly accurate and reliable token price feeds to its network. Pyth Network is a decentralized oracle that brings real-world pricing data to digital asset projects operating in blockchain. On the other hand, Walrus Protocol (WAL) is a decentralized data storage network that runs on top of Sui blockchain. This protocol functions to offer storage that is scalable, efficient, and reliable for DApps, which need top-notch security and data integrity. Walrus Protocol has become a major solution for various decentralized applications that require efficient and secure data storage…
[ad_1] Slovenia’s finance ministry has proposed a 25% tax on personal profits from crypto asset disposals, seeking to close a tax system loophole that currently exempts individual investors while taxing business income from crypto trading. The proposed legislation aims to ensure greater fairness in the taxation of investment income among Slovenian citizens. Currently, individuals trading crypto enjoy a tax advantage over traditional investments, something the government now seeks to balance. Under the draft legislation, profits realized from converting crypto into fiat currency, such as euros, or using crypto to pay for goods and services would be taxed. However, exchanging one…