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Join Our Telegram channel to stay up to date on breaking news coverage The Ontario Securities Commission, Canada’s largest securities regulator, is investigating the activities of the cryptocurrency platform Binance in Canada.  Ontario Securities Commission Probes Binance’s Conduct after Canada Withdrawal Following its withdrawal from Canada, citing disagreements with new regulatory rules, crypto platform Binance is now under investigation by the Ontario Securities Commission (OSC) , Canada’s largest securities watchdog. A document published by the Commission confirms the ongoing investigation into Binance’s conduct within the country. This shedds light on the regulatory scrutiny faced by the platform. On May 30, the OSC filed documents to compel Binance , a cryptocurrency platform, and potentially others to provide documents and data. Binance is trying to halt these efforts by arguing that a previous agreement, known as an undertaking, made in 202...

Join Our Telegram channel to stay up to date on breaking news coverage Tether, the company that launched Tether (USDT), announced recently that it has decided to launch a Bitcoin (BTC) mining operation. However, the company has selected a very specific location to do so, announcing that it will do it in Uruguay. Mining Bitcoin in Uruguay The announcement was published yesterday, May 30th, when the issuer of the world’s largest stablecoin said that it would start a mining arm in the South American country. Tether is not doing it alone but rather collaborating with a local, licensed firm. Apart from mining BTC, the firm also plans to invest in Uruguay’s energy production. At Tether, we understand the importance of energy in driving progress & enabling thriving communities. That’s why we’re dedicated to harnessing the power of renewable energy to mine #Bitcoin, the world’s most open & secure monetary network. Learn More 👉 https://...

Recognizing the importance of an impartial investigation, the government and a group of Senators initially came together to advocate for an independent inquiry into the bankruptcy of the insolvent FTX. This request came despite concerns raised by FTX’s new management about the potential financial burden.  advertisement They estimate that the probe could lead to approximately $100 million in legal expenses, which would be borne by the estate. However, in a Tuesday ruling , District Judge Colm F. Connolly emphasized that his decision to send the FTX case to a higher court was motivated by legal requirements. Notably, the law compels Judges to refer cases to higher courts if requested by the U.S. Trustee, particularly in bankruptcy-related matters. Another critical factor in Judge Connolly’s decision to refer the case upwards was the absence of factual disputes. Furthermore, the ruling confirms that the debtor’s unsecured debts, excluding debt...

Shiba Inu is on a downward spiral in Q2, 2023 as it added an extra ‘zero’ in early May. SHIB barely rallied in the indices in the last 50 days and is steadily moving back than forward. Its ecosystem tokens Bone and Leash are also down 16% and 18% in the last 30 days, respectively. Also Read: Shiba Inu Could Reach $10 by 2024? Here’s a Reality & Fantasy Check SHIB/USD Chart by TradingView Now that May will come to an end, let’s find out Shiba Inu’s price prediction for June 2023. In this article, we will highlight how high or low SHIB could trade in the charts. Shiba Inu: SHIB Price Prediction For June 2023 Source: Wallpaperflare.com Shiba Inu is currently trading at $0.00000869 and is down for 10 consecutive days in the charts. The dog-themed token failed to attract bullish sentiments as the price dip damped the positive spirit of investors. SHIB’s hype seems to have fizzled out as investors are staying away from taking an entry position at this point. The ‘buy the...

Shiba Inu has over 1.3 million investors and the numbers are seemingly increasing by the day. Around 3,000 new wallets are being added into the SHIB fold each day from across the world. To be precise in numbers, the dog-themed token has 1,307,335 holders with an increase of 0.007% every day. Also Read: Shiba Inu To Hit $1 in 365 Days? Here’s a Reality Check Source: Etherscan While the token is attracting new and first-time investors, not many are currently enjoying profits. Data indicated that the majority of holders are in losses including new investors who took an entry position in 2023. Shiba Inu: How Many SHIB Investors Are In Loss? Source: Reddit Recently published data from IntoTheBlock highlighted that 79.86% of all Shiba Inu investors are currently under loss. Therefore, nearly 1 million holders are facing losses with only a handful of them enjoying profits. To be precise, only 303,670 holders are in profit which is 20.14% of the investors. Also Read: Shiba In...

The cryptocurrency realm is ablaze with excitement as a multitude of new tokens emerge, some delivering staggering returns exceeding 100 times for their fortunate holders in a matter of days, captivating the attention and envy of investors worldwide. Throughout the years, coins such as Dogecoin have made remarkable returns for savvy buyers who have had the foresight and perhaps the luck to buy and sell at the right time. The world of crypto is no stranger to celebrities, and none is more vocal in this space than Elon Musk. Today, we discuss high growth crypto coins Shiba Inu (SHIB), as well as Dogecoin ($DOGE) and its long-standing relationship with Elon Musk, and we will also introduce ApeMax, a new crypto coin with state of the art tokenomics that lets you stake on your favorite celebrities. ApeMax Coin: Buy now during the presale to enjoy a competitive price Gear up for a game-changing cryptocurrency experience with ApeMax, an extraordinary coin that disrupts tradition...

Serenity Amidst Bitcoin’s Usual Volatility Bitcoin ’s typically wild trading has been noticeably absent, with the cryptocurrency experiencing a prolonged period of restrained price movements. Bloomberg data reveals that Bitcoin has not recorded a daily move of 6% for 70 consecutive sessions. This uncommon stretch of stability, coupled with a potential marginal loss in May after four consecutive months of gains, has raised eyebrows in the crypto community. Market watchers point to a variety of factors contributing to this unusual calmness, including ongoing political and monetary uncertainties that have yet to be resolved. advertisement Read More: Thailand Grants Digital Asset License To Binance Exchange Several macro catalysts, such as unresolved debt-ceiling negotiations and the Federal Reserve’s uncertain rate policy, are currently unfolding — leading traders to adopt a cautious approach. The impasse on the debt ceiling resolution ...

In a recent video update, the Cardano (ADA) blockchain founder, Charles Hoskinson, provided an overview of the progress and developments within the ecosystem, particularly pertaining to the much anticipated CIP 1694 and the upcoming global governance workshops. According to Hoskinson, CIP 1694, or Cardano Improvement Proposal (CIP), is making significant strides as the development team is diligently building and testing the protocol on node 8.0, with node 8.1 already in the works for release in the coming weeks. Cardano Update https://t.co/9UFaQyPJ3y — Charles Hoskinson (@IOHK_Charles) May 25, 2023 Notably, CIP 1694 proposes a new on-chain governance system for Cardano, aiming to achieve a more decentralized and democratic approach. Currently, governance is controlled by the Cardano Foundation and a small group of stakeholders, but CIP 1694 seeks to involve all ADA holders in decision-making. Furthermore, the Cardano founder also talked about the plan to laun...

May 25, 2023 at 12:00 // Price Author Coin Idol Binance Coin (BNB) has fallen above the current support level at $300. Binance Coin price long term forecast: bearish Since the price decline on May 11, the cryptocurrency asset has been trading above the current support but below the 21-day line SMA or resistance at $315. On the upside, buyers have been unable to keep the price above the moving average lines and resistance at $315. The 21-day line SMA stopped the upward movement. In the recent price action, buyers were successful as BNB rallied to the upper...

Austria-based crypto investment business Bitpanda has partnered with Coinbase to enable European banks to offer crypto to their clients. Via the latest licensing deal, Bitpanda will allow Coinbase to bring regulated trading infrastructure services directly to banks outside the U.S. JUST IN: #Coinbase and Bitpanda partner to enable European banks to offer crypto currency to their customers. — Crypto Trends (@CryptoTrends) May 24, 2023 Coinbase will also be added as a liquidity provider for Bitpanda Technology Solutions. This is essentially Bitpanda’s ‘investing-as-a-service’”’ arm. In turn, the platform will start using Coinbase Prime’s custody services. Simplistically, the deal will help Coinbase’s institutional clients outside the U.S. to white-label Bitpanda’s investing-as-a-service platform. In fact, institutional clients of the platform can integrate trading infrastructure to start offering their customers trading, investment, and custody tools for assets including...

Citing data from a daily Bitcoin (BTC) chart, Peter Brandt advises caution, as he identifies a bearish pennant pattern formed by the asset. After a brief period of revival, Bitcoin (BTC) has succumbed to bearish pressure, resulting in intermittent declines that have pushed the asset below the $27,000 threshold. With market participants hopeful for a recovery, experienced trader Peter Brandt foresees the possibility of the asset dropping even further from its present position. In a recent tweet, Brandt identified a bearish pennant pattern formed by BTC on its daily chart.  This is known as a pennant or flag and has short term bearish implications unless negated by close above mid point highs. $BTC pic.twitter.com/kLz6aTHMrz — Peter Brandt (@PeterLBrandt) May 24, 2023 According to the accomplished analyst, the pennant signals a short-term bearish price movement for Bitcoin unless the asset is able to close above the mid-point highs. Closing above the mid-point wou...

Sightn Partnership with Onto Wallet, a decentralized multi-chain gateway for identity and asset management will offer greater security, interoperability, and ease of use to Sightn users. The integration of ONTO Wallet will allow Sightn users to securely store and manage their digital assets, as well as access a wider range of blockchain-based services. ONTO Wallet’s support for multiple chains, including Ethereum, Binance Smart Chain, and Ontology, will enable Sightn users to easily interact with a variety of decentralized applications and services. As Sightn announced their Partnership with Onto Wallet Furthermore, ONTO Wallet’s advanced identity management Features will provide enhanced privacy and security for Sightn users. The integration of ONTO’s decentralized identity solution will allow users to maintain control over their personal information and protect their privacy. The Partnership The partnership between Sightn and ONTO Wallet represents an important step forward in the d...