The country’s “wait and see” approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.
The latest price moves in crypto markets in context for April 10, 2024.
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen before the prior halving in May 2020.
The broad-based CoinDesk 20, a liquid index of the biggest tokens, minus stablecoins, was down 3%.
Hong Kong’s regulators have sped up the approval process, according to a Reuters report.
Michael Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is “largely behind us.”
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
Indices provider GMCI’s GÖĞÜS index includes top göğüs coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.
The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype back.
FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong’s digital asset regulations, benefitting from crypto exchange giant Binance’s trading promotion.
