South Korea Introduces Tough Digital Assets Act with Life Imprisonment || Curated CoinCodeCap #7 February 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 South Korean Financial Services Commission will implement the Virtual Asset User Protection Act starting July 19.
Criminals making over $3.8 million in illegal crypto profits face life sentences in South Korea. Keep Reading »
Scrolled a lot? Here’s the surprise!
Check our Special AI MONKS NewsLetter 🤩🤩
This week, the world of AI explodes in a kaleidoscope of advancements, blurring the lines between science fiction and reality. From Zuckerberg’s quest for artificial general intelligence to robots joining the assembly line and life-saving diagnostics, prepare to be dazzled by the latest brushstrokes in AI’s grand masterpiece. Let’s roll into the journey of weekly AI updates, Trending Tools and many more. Keep Reading »
Federal Reserve Winds Up Investigation into FTX’s Farmington State Bank
Federal Reserve Board announces termination of enforcement actions with FTX-linked Farmington State Bank
Farmington State Bank has halted its banking operations in response to the Federal Reserve’s action. Keep Reading »
US Court Approves BlockFi and 3AC Settlement Deal Despite Sealed Details
The US court accepted a settlement resolving claims and disputes between 3AC and BlockFi, but she ordered that the specifics be confidential.
In light of the need to preserve settlement plans and show compliance with 3AC’s international bankruptcy case, the court allowed the motion to seal. Keep Reading »
Crypto Exchange Bitsonic Executives Reportedly Sentenced for $7.5M Theft
The head of Bitsonic’s technical department received a one-year sentence for stealing customer deposits worth $7.5M, while the CEO was given a seven-year prison term.
On a charge of using a computer to impede a business, Bitsonic’s vice president of technology, identified only as Mr. A, received a one-year jail sentence. Keep Reading »
Bitsonic CEO Receives Seven-Year Sentence for $7.5 Mln Worth Scam
Seoul Eastern District Court Criminal Agreement Division 12 found Shin guilty on multiple counts, including fraud and falsification of records.
Prosecutors allege the trio misappropriated $830 million worth of crypto from thousands of users over three years. Keep Reading »
MicroStrategy Boosts BTC Holdings, Now Holds 190,000 BTC Worth $8.1 Billion
The company reported a net income of $89.1 million, a significant turnaround from the $249.7 million loss recorded in the previous year.
The company announced that it had added 850 BTC to its holdings in January, bringing its total Bitcoin stash to 190,000 BTC Keep Reading »
Ripple to Provide Additional Financial Information Amid SEC Lawsuit
Ripple has been ordered by SEC to provide information into the firm’s crypto sales
U.S. district judge has ruled in favour of the SEC’s motion Keep Reading »
Google launched a new AI Lumiere.
2023 was all about AI chatbots and AI tools. We have seen a lot of tools that have become an integral part of life, such as AI chatbot tools like ChatGPT and Claude 2, which use advanced algorithms and year-long research to generate any writing content. On the other hand, AI tools like Midjourney and DALLE-2 have been improving their capabilities to change your visual thinking into reality. This year is daily showing so many improvements in existing models of AI as well as the development of new models that can generate different kinds of content. Last week, a new text-to-video generation tool launched by Google, an AI startup, has become a unicorn, and Google’s new AI roadmap leaked. Let’s deep dive into every piece of news and keep you updated. 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
Bitcoin Price Prediction: Breakout is Coming Soon!
After the initial euphoria of the much talked Bitcoin ETF, BTC price has not reacted in a very bullish way. This has left investors confused about the next move of the crypto as the etf was supposed to be catalyst for 50k mark.
But, we see a breakout in the charts of bitcoin. In this article, we will talk about the bitcoin price prediction, weekly analysis along with the news roundup. Keep Reading »
DYDX Trading in a Narrow Range! DYDX Price Prediction
The dydx crypto is trading in a narrow range and is giving an opportunity for bottom fishing at low prices. The token was launched in August 2021 and has since seen significant growth and volatility.
In this article, we will look at the current price of DYDX, its weekly performance, its future outlook, and news roundup.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
RNDR Crypto is heading south! RNDR Price Prediction
The risk and reward looks favourable in case of RNDR Crypto. The project is backed by OTOY, a leading cloud graphics company, and has partnerships with major players in the entertainment industry, such as Disney, HBO, and Netflix.
This article explains the price action, weekly price analysis along with the news roundup of this crypto. Keep Reading »
CRV Crypto Price Prediction: Can Curve Break the Downtrend?
CRV, the governance token of decentralized exchange Curve, is experiencing a constant downtrend for some time now. Currently, it is on a major support level.
In this article, we will look at the current price analysis, weekly price analysis, future outlook of CRV. Keep Reading »
Best Memecoins to buy Now!
Memecoins have left a lot to be desired for some time now, at least in terms of returns. The expected returns from them quote a much higher figure than what they are currently delivering.
But, we have sensed a breakout in memcoins. Read on to know which coins fall into the breakout category and what their chart says about them! Keep Reading »
Best Gaming Crypto to Buy Now- 3 Bargain buys available!
3 top gaming tokens are available at an attractive price as they have been on a downtrend from 1 week. We believe this could be a good buy or good shorting opportunity based on the charts!
In this article, we will look at some of the best gaming cryptos, based on their current price, weekly performance, future outlook, and news roundup. Keep Reading »
For on-demand analysis of any cryptocurrency, join our Telegram channel.
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 »
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