Gemini crypto exchange receives preliminary approval in Singapore
Gemini has received in-principle approval for a Major Payment Institution license in Singapore.
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41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.

Crypto VCs made $2.6B worth of deals in the first quarter of 2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared to 2022. Meanwhile, early-stage rounds are down 16.7%. While the crypto space still suffers a bear market, venture capital (VC) firms have still managed to make a number of deals at the start of 2023, proving that…

BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance.Profit-taking reinforces resistance levelsAs BTC/USD climbed towards $25,000, STHs — those holding coins…

New Analysis of Top 10K Ethereum Wallets Gives Highly Bullish Outlook
Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets.The conclusion of the research, also presented in a blog post, is that things are currently looking incredibly bullish for the number…

US SEC’s Crypto Mom: ‘I Think We Need to Be a Little Less Paternalistic’
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently spoke on innovation in cryptocurrencies, calling regulators excessively paternalistic.DACOM SummitAt the Digital Asset Compliance and Market Integrity (DACOM) Summit in New York today, Sept. 26, Commissioner Peirce led a Q&A session that featured extensive discussion of the future of regulation for crypto assets. Hosting the…

New Tipbot Uses Cryptocurrency to Incentivize People to Answer Questions
It’s designed to capture attention from high-profile people that others want to hear from. A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem.Liser Lee of CCTip told Cointelegraph that the system can help drive engagement or…


Bitcoin traders eye key levels as US jobs shock sends BTC price past $71K
Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000.