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Turkish Crypto Firms Are Now Subject to Money Laundering and Terror Financing Rules

A lot has been going on currently in Turkey’s crypto landscape. A day after arresting 6 people involved in the Thodex exchange crypto scam, on Saturday, May 1, Turkish regulators added crypto exchanges to the list of crypto firms that are now subject to the country’s money laundering and terror financing laws. After the billion-dollar

The post Turkish Crypto Firms Are Now Subject to Money Laundering and Terror Financing Rules appeared first on Coingape.

Ethereum (ETH) Hits New All-Time Highs, Top 10 Fundamental Reasons Why ETH can Hit $10k?

Over the last week, Ethereum (ETH) has been consistently gaining 5% daily and is currently approaching its new milestone of $2900. At press time, Ethereum (ETH) is trading at its new all-time high of $2866 with a market cap of $331 billion. The recent ETH price rally comes with the surge in the spot trading

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Bitcoin (BTC) Shoots 10% Above $58,000 After Large Bitcoin Outflow from Coinbase

After some consolidation at $55,000 over the last few days, the world’s largest cryptocurrency Bitcoin (BTC) is once again showing northward momentum. Bitcoin (BTC) has jumped back 10% moving above $58,000 levels. At press time, BTC is trading at a price of $58,099 with a market cap of $1.086 trillion. As per data from CryptoQuant,

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Pancakeswap Price Analysis: CAKE Rides Channel To ATH But Weakness Is Showing

CAKE has had awesome week, rising nearly 100%. The bulls heavily grabbed low prices of $23 as cake rebounded like a cannon. Since the dip, the price has been steadily respecting an ascending channel with a high of near $44 at the time of writing.  For CAKE to continue its uptrend to a new ATH,

The post Pancakeswap Price Analysis: CAKE Rides Channel To ATH But Weakness Is Showing appeared first on Coingape.

Andreessen Horowitz Looking to Raise $1 Billion For a Crypto VC Fund

Andreessen Horowitz, one of the largest venture capital firms is looking to raise $1 billion for a crypto VC find that would invest in different cryptocurrencies and growing crypto startups and issue shares for institutional investors to gain exposure to largely popular crypto assets. The decision comes on the heel of its successful crypto investment

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XRP Rises 15% For the Day as the Next Court Hearing in Ripple vs SEC Begins Today

XRP price today rose above the key resistance of $1.57 to create a new weekly high of $1.64 rising by 15% for the day. The fourth-largest cryptocurrency by market cap fell below $1 support during the last week’s correction, registering a decline of over 30%. The current bullish recovery is being attributed to the strong

The post XRP Rises 15% For the Day as the Next Court Hearing in Ripple vs SEC Begins Today appeared first on Coingape.

MATIC Price Analysis: MATIC On Threshold of Breaking Rising Wedge Pattern

-Matic price has risen 220% in the past week -Bears may be taking control as rising wedge appears -Key support to hold is $0.76   Matic has shot for the stars the past week as the ethereum based token rallies over 220%. BTC falling to $47,000 sparked another bull trend for Matic as the token rose from a low of $0.30

The post MATIC Price Analysis: MATIC On Threshold of Breaking Rising Wedge Pattern appeared first on Coingape.

Turkey Jails 6 Suspects in the Multi-Million Dollar Thodex Exchange Exit Scam

The Turkish investigation agency has jailed 6 suspects in the case related to the exit scam committed by the CEO of Thodex cryptocurrency exchange in what many called the biggest fraud in the history of the country. The arrest was ordered by a Turkish court on later Thursday. Police earlier detained 62 people out of

The post Turkey Jails 6 Suspects in the Multi-Million Dollar Thodex Exchange Exit Scam appeared first on Coingape.

Breaking: Coinbase is Acquiring Crypto Data Analytic Firm Skew

Coinbase Inc ($COIN), the cryptocurrency exchange that made its public debut a couple of weeks back is set to acquire crypto data analytic firm Skew. Skew is a popular crypto analytic firm known for offering in-depth market analysis of various crypto assets. Coinbase would integrate the Skew data on its platform for users to have

The post Breaking: Coinbase is Acquiring Crypto Data Analytic Firm Skew appeared first on Coingape.

Blackstone taps Tac Opps, infra funds to buy US fibre internet provider Hotwire Communications

Buyout major Blackstone bought into fiber-to-the-home provider Hotwire Communications through its Tactical Opportunities and Infrastructure Partners funds.Blackstone is currently targeting $4bn of capital...

Crypto as the New Inflation Hedge

According to many accounts, Bitcoin has supplanted Gold as the primary means to invest in a store of value as a defense against...

Ripple CEO Brad Garlinghouse Bashes U.S. Regulators on Lack of Regulatory Clarity

San Francisco-based blockchain startup Ripple has been in a bitter war with the U.S. SEC over the last few months. The SEC slapping lawsuit on Ripple over the alleged sale of XRP securities has put the two at crossroads. Bashing out the U.S. regulators once again, Ripple CEO Brad Garlinghouse said that the lack of

The post Ripple CEO Brad Garlinghouse Bashes U.S. Regulators on Lack of Regulatory Clarity appeared first on Coingape.

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