Crypto Exchange CatalX Halts Trading and Withdrawals

Reading Time: < 1 minute Canadian crypto exchange CatalX has temporarily halted trading, deposits, and withdrawals due to a potential security breach.

China to Crackdown on Tether

Reading Time: < 1 minute The Chinese government is taking action against the use of cryptocurrencies, particularly Tether.

India’s Watchdog Issues Warnings to 9 Crypto Exchanges

Reading Time: < 1 minute The Indian Financial Intelligence Unit (FIU) has filed accusations against several prominent cryptocurrency exchanges.

Anthony Scaramucci: Bitcoin Will Surpass $69K Next Year

Reading Time: < 1 minute Anthony Scaramucci, the founder of SkyBridge Capital fund, envisions Bitcoin surpassing $69,000 next year.

Bitfinex: Bitcoin Correction Will Continue During Holidays

Reading Time: < 1 minute Bitcoin confronts the potential for a price correction over the New Year holiday, influenced by selling pressure from short-term investors.

What is a Stablecoin?

Reading Time: 2 minutes A stablecoin is a type of cryptocurrency that tries to offer price stability and is backed by a reserve asset.

Former Binance CEO’s Fortune Rose $25B This Year

Reading Time: < 1 minute Bloomberg has highlighted the surge in the estimated personal capital of Binance founder Changpeng Zhao (CZ) to $37.2 billion, driven by the cryptocurrency market’s recovery.

Stablecoins Market Cap on Ethereum Network Falls by 34%

Reading Time: < 1 minute In 2023, stablecoin transactions reached a notable $7 trillion.

What is a Cryptocurrency?

Reading Time: 2 minutes A cryptocurrency is a digital or virtual currency that is secured by cryptography.