Nigeria’s SEC issues first license to local crypto exchange
As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.
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Bitcoin’s pre-halving rally may start soon — Here’s why
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if this is your last chance to buy Bitcoin on the cheap as the Bitcoin pre-halving rally may be right around the corner. In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Standard Chartered bank’s $120,000 Bitcoin…

UK financial watchdog is investigating 50 unauthorized crypto firms
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams." 365 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on…

$10M Investment From Tether Won’t Change Celsius’ Mission of Sharing
Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users. 840 Total views 57 Total shares Tether (USDT) makes a $10 million equity investment in the crypto lending platform Celsius Network (CEL) at a $120 million pre-money valuation, bringing the post-money…

Decentralized AI Society plans regulatory pilot, venture fund: Co-founder
The nonprofit’s overarching goal is resisting the centralization of AI models, co-founder Michael Casey said.

Can DeFi and CeFi coexist? Three takeaways from experts panel
As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future. On Jan. 21, Cointelegraph moderated the panel discussion,…

Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000
A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem.However, the correlation that should be watched the most is the dollar…

Hong Kong makes HKVAX third licensed retail crypto exchange
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait.

Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims. 138 Total views 4 Total shares Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs.In the second