Turkey Attracts Major Crypto Exchanges for Licensing
Coinbase, KuCoin, and other major cryptocurrency exchanges are seeking licenses in Turkey, signaling growing interest in the country’s burgeoning crypto market amid new regulatory clarity.
Coinbase, KuCoin, and other major cryptocurrency exchanges are seeking licenses in Turkey, signaling growing interest in the country’s burgeoning crypto market amid new regulatory clarity.
A Dubai court has recognized cryptocurrency as a valid form of salary payment, marking a significant shift in the UAE’s approach to digital currencies in employment contracts and signaling growing acceptance of Web3 financial transactions.
Coinbase expands its cryptocurrency services to Hawaii following regulatory changes, allowing residents access to a full suite of crypto tools including buying, selling, and trading.
A major crypto whale has purchased 420 billion Pepe (PEPE) tokens in two separate transactions, sparking interest in the meme coin despite its recent price struggles.
XRP is showing signs of a potential major breakout, fueled by recent legal victories and bullish chart patterns. Investors are cautiously optimistic but aware of market volatility.
Following Brazil’s approval of a Solana ETF, experts suggest similar approval in the US is inevitable but face regulatory hurdles and uncertain timelines.
Ripple has begun testing its new stablecoin, Ripple USD (RLUSD), on the Ethereum mainnet and XRP Ledger, aiming to enter the growing stablecoin market pending regulatory approval.
Tether’s USDT stablecoin has reached a market capitalization of $115 billion, reinforcing its dominance in the stablecoin market and signaling increased adoption in the cryptocurrency ecosystem.
The cryptocurrency market experienced its largest three-day sell-off in a year, losing $510 billion in market capitalization amid weak US jobs data and recession fears.
Major cryptocurrencies including Solana, Bitcoin, Ethereum, and BNB experience significant price drops, with Solana falling 7.8% in 24 hours amidst broader market downturn.