Crypto Time @cryptotimeaz

🇸🇻 El Salvador President Nayib Bukele says the country will purchase one #Bitcoin every day until it becomes unaffordable with fiat currencies.

In the past three weeks, a cryptocurrency wallet associated with Donald Trump has reportedly transferred $2.4 million worth of Ether (ETH) to Coinbase, a popular cryptocurrency exchange. It is believed that the funds were likely sold on the platform. The identification of the…

BONK, a token within the Solana ecosystem, has experienced a 13% decline as profit-taking occurs following the frenzy surrounding memecoins. Over the past month, various tokens within the Solana ecosystem have witnessed significant surges in value. It is possible that traders are…

South Korea's Ethics Policy Division has announced that it will make public the crypto holdings and other assets of public officials. Starting next year, a new asset disclosure service will be provided to public officials, allowing them to report their cryptocurrency and other…

Hong Kong regulators, including the Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB), have introduced a proposal that would require fiat-backed stablecoin issuers to obtain mandatory licenses. This move aims to regulate and oversee the…

As Bitcoin experiences a decline following the apparent repayments by Mt. Gox, long traders in the cryptocurrency market have incurred losses totaling approximately $190 million. Surprisingly, around $45 million of these losses originated from altcoin futures, indicating an…

Telcoin, a cryptocurrency project, has experienced an apparent exploit worth $1.2 million linked to the implementation of its wallet on the Polygon network. As a result, the value of Telcoin's native token (TEL) has plummeted by 40%. However, the developers have assured users…

Bitcoin's share in the trading of cryptocurrency futures has decreased as traders are enticed by the potential profits offered by alternative coins (altcoins). The dominance of Bitcoin in terms of futures open interest has slipped from nearly 50% two months ago to 38% currently.…

Japan's Cabinet has put forth a proposal to eliminate corporate tax on unrealized cryptocurrency gains. Prime Minister Fumio Kishida's government has been actively seeking ways to promote the development of the cryptocurrency industry, recognizing it as a crucial element of…

Solana's native token, SOL, has surged past the $100 mark, maintaining its impressive performance throughout the month. The rally of SOL can be attributed to the increased interest from meme coin traders and airdrop farmers. These participants have been actively engaging with…

Hong Kong regulators have announced that they will be reviewing applications for spot crypto exchange-traded funds (ETFs). The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have made this statement, coinciding with growing anticipation that…

As the frenzy surrounding meme coins persists, Solana's price is edging closer to the $100 mark. The rally in Solana's value is being propelled by the ongoing craze for meme coins. Additionally, the total value locked in Solana applications has experienced significant growth. It…

Coinbase, the third-largest cryptocurrency exchange, has received approval to operate as a virtual asset services provider in France. The exchange has expressed its intention to seek regulation in countries that have established clear policies for the cryptocurrency industry. At…

Circle, the issuer of a stablecoin, has received conditional registration to provide digital asset services in France. The French government has actively been promoting the establishment of cryptocurrency companies within the country, offering a regulatory environment that is…

A judge has rejected Sam Bankman-Fried's request for an extended sentencing process. Bankman-Fried's defense team had requested a four to six week extension for his sentencing, which was originally scheduled for late March. The defense cited the possibility of a second trial that…

The UK government has announced its intention to collaborate with the crypto industry in developing legislation for digital securities. In response to the government's proposal for a digital securities sandbox (DSS), the majority of respondents expressed their support and…

Driven by the frenzy surrounding meme coins and the thriving decentralized finance (DeFi) ecosystem, Solana has surged ahead of XRP to become the fifth-largest cryptocurrency. SOL, the native token of Solana, is currently trading at a 20-month high due to these factors. The…

As the competition in the blockchain data space intensifies, Avail, a rival of Celestia, has entered into an agreement with Starkware. Avail is developing a "data availability" solution, currently undergoing testing, while Starkware has its own sequencer called Madara. Both…

Analysts predict that Bitcoin could potentially reach a value of $160,000 in 2024, propelled by the impact of the halving event and the excitement surrounding the introduction of a Bitcoin spot ETF. Historical patterns indicate that Bitcoin tends to experience significant price…