Binance moved into a new phase of regulatory certainty after confirming that Abu Dhabi had approved a complete suite of licenses for Binance.com. Summary Binance.com is now fully licensed in Abu Dhabi across exchange, clearing, custody, and broker-dealer functions. The approval positions ADGM as Binance’s effective regulatory base. UAE crypto regulation and institutional activity are…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a certain confidence with which Big Tech moves today — a confidence that doesn’t belong to private companies but to sovereign powers. Google decides what the world knows. Meta decides how…
Pepe Coin price remains under pressure below a key support level as it formed a bearish pattern despite the ongoing whale accumulation. Summary Pepe Coin price has formed an alarming head-and-shoulders pattern on the weekly chart. Still, whales have continued buying the token in the past few weeks. The supply of Pepe tokens on exchanges…
Chainlink price stabilized around the $14 support level as the crypto market rally faded. It has formed a highly bullish chart pattern as LINK ETF inflows soar and as the supply in exchanges drops. Summary Chainlink price has formed the bullish falling wedge pattern on the daily chart. The Grayscale LINK ETF has accumulated over…
Cardano price remains in a technical bear market and is hovering near its lowest level since November last year as traders wait for the upcoming launch of the Midnight mainnet and as more exchanges confirmed the NIGHT token listing. Summary Cardano price has dropped to a crucial support level this month. The developers will launch…
Ethereum spot ETFs recorded $75.21 million in outflows on December 5, with all nine funds posting zero inflows. Summary Ethereum ETFs lost $75.21M on Dec 5, marking four straight days of outflows. BlackRock’s ETHA drove the entire withdrawal as sentiment weakened. ETH supply on exchanges hit a record low despite negative market mood. BlackRock’s ETHA…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. After writing about the regulation and taxation of digital assets since 2017, I did not think I was ever going to get to write this article during my lifetime, especially together with…
XRP price has tanked for three consecutive days, erasing the gains made earlier this week, even as the recently launched ETFs gained momentum. Summary XRP price suffered a harsh reversal as the recent rally stalled. Spot XRP ETFs continued seeing strong inflows this week. Technical analysis suggests that the token has more downside. Ripple (XRP)…
The much-anticipated altcoin season remains elusive as the Crypto Fear and Greed Index remains in the fear zone and Bitcoin Dominance continues. Summary The Altcoin Season Index has slumped in the past few months. Similarly, the Fear and Greed Index has moved to the fear zone. The crypto industry may benefit from the upcoming rate…
Zcash price has suffered a harsh reversal in the past few weeks, erasing most of the gains made during its recent bull run that pushed it from below $50 to $742. Summary Zcash price has crashed from $742 in November to $350 today. The rise and fall can be explained by the Wyckoff Theory. ZEC…
