Crypto News

Cryptoquant CEO Ki Young Ju remains confident that bitcoin will not enter a bear market in 2025, even if its price drops 30% from recent highs. He highlights historical cost-basis trends and institutional support as key factors sustaining bitcoin’s bull cycle. Bitcoin Bull Market Intact Despite Potential 30% Drop Bitcoin’s bull market is far fromSource link

EToro said it received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework and will soon be able to provide cryptocurrency trading and custody services across the region. The trading platform announced the approval from the Cyprus Securities Exchange Commission on Wednesday.The MiCA regulation that requires firms to acquire a crypto asset service provider license (CASP) took full effect in December and established a standardized legal framework for crypto services across the 27-nation trading bloc. Approval under MiCA also opens the doors to Iceland, Liechtenstein, and Norway which are not EU members.The company joins crypto exchanges Bitpanda, OKX and Crypto.com among others who have obtained a MiCA license.Israel-based eToro, which offers a mix of traditional and crypto trading...

Scottish police warned the public to be “mindful” of fraudulent activity, amid a rise in “pig butchering” scams.Source link

Wintermute, one of the largest liquidity providers in the cryptocurrency market, is expanding into the U.S. with the opening of a new office in New York and the introduction of over-the-counter (OTC) trading products in the country.Wintermute has plans for a “new added focus on the U.S.,” CEO Evgeny Gaevoy told Bloomberg during Consensus Hong Kong 2025.“We are looking to expand in the U.S. with our OTC offering, and we are looking to expand in the U.S. with derivatives offering as well on the OTC side,” Gaevoy said.The company, which has offices in London and Singapore and employs more than 100 people, is being driven by optimism on potential regulatory changes in the U.S. under the administration of President Donald...

Binance.US initially said that the exchange was forced to go “crypto-only” due to the SEC’s “intimidating tactics.”Source link