UK regulators caution crypto companies ahead of imposing stricter laws on ads | Curated CoinCodeCap #6 February 2023
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:
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CCC January 2023 -Trades Summary
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UK regulators caution crypto companies ahead of imposing stricter laws on ads
UK Financial Regulator Issues Criminal Charges Warning to Crypto Firms for Unapproved Ads. The new UK financial promotions framework will soon require compliance with all cryptocurrency firms, even those headquartered abroad, the FCA says. Keep Reading »
South Korea’s FSC Issues Guidelines for Regulating Security Tokens
The nation’s Capital Markets Act will govern digital assets that meet the criteria for security tokens. Securities are financial investments in which investors are not obligated to make further payments after their initial contributions. Keep Reading »
Struggling Hodlnaut to negotiate its sale and FTX claims with potential buyers
According to reports, the prospective purchasers and Hodlnaut’s court-appointed judicial managers are signing non-disclosure agreements. The activities of cryptocurrency lenders, including Celsius Network, BlockFi, Genesis, Vauld, and others, have been hampered by the 2022 cryptocurrency winter. Keep Reading »
Bankrupt FTX urges politicians to return SBF-tied donations to repay creditors
FTX “has sent confidential letters” to politicians and other political beneficiaries of Bankman-Fried, his deputies, and his companies, seeking the donations back. In November 2022, SBF revealed that he had been “supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC.” Keep Reading »
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Twitter alternative Damus Has At Least 15 Fake Tokens, Reveals New Report
Scam tokens posing as being affiliated with Damus have been released in substantial numbers. The bogus tokens were released on BNB Chain and Ethereum. Keep Reading »
Tether rejects receiving loan from insolvent Celsius
Tether CTO Paolo Ardoino, claims that Tether has “never borrowed from Celsius.” The latest insolvency examiner’s report wrongly identified Tether as one of Celsius’ borrowers, which prompted Arduino to respond with a statement. Keep Reading »
NFT Weekly Market Update (Dec 27th – Jan 2nd)
We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.
Market Updates
COMP Price Prediction February 2023
COMP is a token of platform Compound. Its current price is around $56.47 at the time of writing, with a low of $26.52, and it has a market cap of 410 million dollars. Keep Reading »
ATOM Price Analysis February 2023
ATOM is a token of the platform Cosmos. Its current price is around $14.83 at the time of writing, with a low of $5.59 and a market cap of 4 billion dollars. Keep Reading »
BTC and ETH Analysis
Bitcoin opened the week trading near its five-month high as prices maintained the gains from the past weekend. Values increased close to $24k on Sunday, a result of surpassing a major resistance point. Conversely, Ethereum decreased below $1,600 on Monday after rising to a one-week peak during yesterday’s trading session. Keep Reading »
HOOK Price Analysis January 2023
HOOK is a token of the platform Hooked. Its current price is around $3.48 at the time of writing, with a low of $1.09, and it has a market cap of 174 million dollars. Keep Reading »
Top 5 Crypto to Buy in 2023
The cryptocurrency market is one of the most volatile markets in the world, with a lot of uncertainty and risk.
However, it is still one of the best investment opportunities for long-term investors. Experts believe the crypto market will be worth around $200 trillion by 2030.
As of now, Bitcoin is only a fraction of this market, with more money likely to be in altcoins such as Ethereum. There are more than 20000 possible crypto assets to invest in today, and trying to find the best ones can be challenging. These are the top 5 cryptos to buy in 2023. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
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