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Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license. According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President Emmanuel Macron in Paris. The London-based neobank also […]

Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight.  On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks.  The regulator said it had strengthened controls around margin trading […]

Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market. Tether, the issuer of the world’s largest stablecoin, USDt (USDT), has surpassed Germany’s $111.4 billion worth of US Treasurys, […]

Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market. Tether, the issuer of the world’s largest stablecoin, USDt (USDT), has surpassed Germany’s $111.4 billion worth of US Treasurys, […]

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000.  BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come? The May 18  daily and weekly close nonetheless became Bitcoin’s […]

What is a crypto drainer? A crypto drainer is a malicious script designed to steal cryptocurrency from your wallet. Unlike regular phishing attacks that try to capture login credentials, a crypto drainer tricks you into connecting your wallets, such as MetaMask or Phantom, and unknowingly authorizing transactions that grant them access to your funds. Disguised […]

Key takeaways: Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000. Analysts highlight $97,000–$98,500 as key support that the bulls must hold. A potential inverse head-and-shoulders pattern points to a retest of $91,000 before any bullish continuation. Bitcoin (BTC) is down over 4.5% from its intraday high […]

Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales.  On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes for personal use. The Ethereum co-founder highlighted the importance of independent users running nodes, saying […]

Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes.  This post explores how to interpret a Bitcoin liquidation map, allowing you to trade smarter in the volatile world of cryptocurrency. What […]