Singapore Central Bank Flags imToken Crypto Wallet || Curated CoinCodeCap #9 January 2024
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
The Monetary Authority of Singapore (MAS) placed the cryptocurrency wallet firm imToken on the Investor Alert List in Singapore.
ImToken was flagged for not applying for a financial business license, despite its headquarters being located in Singapore. Keep Reading »
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Check our Special AI MONKS NewsLetter 🤩🤩
Blockchain Association Counters Sen. Warren’s Criticism on Crypto Hiring
The Blockchain Association has responded to a US Senator’s criticism of government-related hiring in the crypto sector.
Coin Centre CEO Jerry Brito described Warren’s letter as impertinent and a “bullying publicity stunt.” Keep Reading »
Critical Review Looms for BitLicense Oversight in New York
Thomas DiNapoli, the Comptroller of New York State, expressed his disapproval of BitLicense’s administration at the NYDFS.
It is suggested by DiNapoli to create official protocols for the examination follow-up procedure. Keep Reading »
CleanSpark Signals Expansion, Plans to Acquire 160,000 Miners
CleanSpark purchased 60,000 Bitmain S21 units at $16.10 per terahash for $193.2 million.
Miner has option to acquire an extra 100,000 miners at a fixed rate of $18 per terahash over the next 12 months Keep Reading »
OpenAI is launching the GPTs store next week.
The year 2023 was a happy AI year. Throughout the year, we have seen countless new innovations in the field of artificial intelligence, like Bard, Dalle-3, GPT-4, AI-powered chips, AI use in many fields such as sales, presentation, designing, etc. ending with the drama in OpenAI between Sam Altmnan and board and the launch of Google’s most advanced LLM, “Gemini.” Last year was a gold rush for AI companies like OpenAI; it has become the most valued startup. Many new companies have formed to provide AI solutions for defense to households. These developments marked an impact on the world, and we hope to continue innovation in 2024. In this article, we are going to cover all the major AI updates of last week, such as the launching of the GPT store, Midjourney launching their new V6, Google’s planning for another massive layoff, some newly launched AI tools, and many more so brace yourself in this rollercoaster ride. Keep Reading »
Spot Bitcoin ETF Applicants Finalize S-1 Amendments, Eagerly Await SEC Approval
It was to be expected that a number of applicants for a spot Bitcoin ETF hurried to submit their final Form S-1 modifications to the US SEC.
Eleven asset management companies with trillions of dollars worth of investments under management have filed their S-1 final modifications for the Spot Bitcoin ETF. Keep Reading »
CoinsPaid Crypto Gateway Faces Major Security Breach, Loses Over $7.5M: Report
CoinsPaid, a cryptocurrency payment gateway, suffered its second security incident in as many months.
The attacker exchanged almost 97 million CPD tokens for ETH worth about $368,000, according to Cyver’s team on X. Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
Cardano Ready for Uptrend? ADA Price Analysis
ADA is retesting the support level and could be gearing up for a big breakout move, which can be profitable in the medium term. In this article, we will look at the current price analysis along with weekly analysis and news roundup of cardano. Keep Reading »
Has Time Come to Short Balancer Crypto: BAL Price Analysis
Balancer (BAL) is a governance token for the Balancer protocol, a decentralized portfolio manager and liquidity provider on Ethereum. BAL holders can vote on proposals and steer the direction of the protocol, as well as earn rewards by contributing to liquidity pools. Keep Reading »
Is Polygon (MATIC) about to fall?
Polygon (MATIC) is a leading Ethereum scaling solution, offering a platform to create and connect various kinds of blockchain applications. However, the MATIC price has been facing challenges lately, dropping more than 70% of its value from its record high of $2.92 in December 2021. In this article, we will examine the current price movements, weekly performance, future prospects, and news summary of Polygon (MATIC). Keep Reading »
Ethereum set for Upward Rally!
Ethereum is the biggest cryptocurrency by market value if we exclude Bitcoin and its also the most used platform for decentralized applications (DApps) and smart contracts. Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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