The country’s central bank, Bank Al-Maghrib (BAM), is designing a crypto regulation outlook in consultation with a global financial institution, Bitcoin News reported on June 27. According to BAM’s governor Abdellatif Jouahri the institution has engaged with the International Monetary Fund (IMF) and the World Bank on specific benchmarks. Notably, the IMF has been central in calling on countries to regulate the crypto sector while issuing warnings on the dangers of legalizing assets like Bitcoin....

Speaking with CNBC, Jess Houlgrave, the head of the crypto strategy at payment giant Checkout.com, opined that despite seeing lower trading volume on the platform, the Merge is likely to renew some confidence in the cryptocurrency market. Houlgrave also stated that there’d been an increase in the number of crypto wallet addresses on most of the major “layer one” blockchains. Despite the reduced trading volume in the market, the platform is reporting a rise in wallet addresses and the creation of more wallets....

Already, top securities regulators are researching the exchange’s design under the State Council’s direction, two people aware of the matter have told Reuters. The exchange aims to onboard Chinese companies listed in leading offshore markets like Hong Kong and the United States. Among the targeted firms include electronics giant Apple (NASDAQ: AAPL) and electric vehicle manufacturer Tesla (NASDAQ: TSLA), all based in the U.S. Although the new exchange is still in its infancy stages, the rollout time frame and location are yet to be decided....

Namely, China Passenger Car Association (CPCA) estimates that wholesales of NEV will reach 664,000 units in September. These numbers indicate a month-on-month (MoM) growth of 5% and a year-on-year (YoY) growth of 87%. While China offered tax incentives on mainstream internal combustion engine (ICE) vehicles, the demand for NEVs grew, among other things, due to high oil prices. Leaders of the pack August numbers show 16 companies selling over 10,000 vehicles, with BYD (OTCPK: BYDDF) leading the pack with 200,973 vehicles sold, followed by Tesla’s (NASDAQ: TSLA) record-breaking month with 83,135 sales....

According to Weibo, the three accounts violated regulation after indicating abnormal practice, the Global Times reports. The accounts became inaccessible from Thursday, March 10, 2021. However, critics link the decision to the government’s increasing crackdown on the crypto space. Huobi, OKEx, Binance are among the popular crypto trading exchanges in China, and the Weibo decision has caused anxiety among investors. Following the news, the price of Bitcoin slightly plunged. However, by press time, it had recovered by about 1....

In a statement, the U.S. banking giant said that it would seize operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam. However, Citi notes it will still serve its institutional consumers in the affected markets. Citi’s institutional docket entails private banks, cash-management branches, investment banking, and trading businesses. The operational hubs will be in Singapore, Hong Kong, the United Arab Emirates, and London as the bank reviews its strategy under CEO Jane Fraser....

Citigroup (NYSE: C) analyst Jonathan Raviv stated that the 747 MAX and the 777 X present the biggest challenge. If production and delivery levels are achieved, he sees the stock performing better. The market analyst added: BA chart and analysis Despite the stock being a downward trend, recent sessions have seen increased trading volumes, and the shares jumped back above the 20-day Simple Moving Average (SMA). A resistance line has been formed around the $140 line, and if the stock manages to break above, some upside could be seen....

Estimates indicate that new Coinbase app downloads have slumped by 55% between January and May, from about 2 million to 900,000, data by app intelligence platform Appfigures indicates. Interestingly, on a year-over-year basis, the downloads have plunged by about 79% from 3.9 million recorded in May 2021. Last year, most investors had opted for established crypto exchanges like Coinbase to join the market at a period when assets like Bitcoin were soaring and culminated in an all-time high....

In her speech before the house, Haas claimed that Coinbase now stores about 12% of the world cryptocurrencies in the denomination of over 150 asset types. According to Hass, the ability to hold a significant share of global digital assets stems from Coinbase’s ability to allow users to trade and hold various cryptos. Furthermore, the official maintained that Coinbase is acting as a key driver for the current crypto utility phase....

You can accomplish this using different techniques, but implementing Conditional Comments is an easy way to detect IE versions 5-9. While using Conditional Comments may not offer a full solution for browser detection, it surely makes it easy to detect earlier versions of Windows Internet Explorer. For example, you can use Conditional Comments to have the browser load different Cascading Style Sheets (CSS) rules, or run different blocks of JavaScript code....

As things stand, the CoinMarketCap crypto community is projecting that the dog meme token will trade at an average of $0.1538 by the end of May 2022, with 1,872 votes. In particular, the estimated price indicates a $0.01324 or 9.42% increase from the decentralized finance (DeFi) asset’s current value. Meanwhile, the votes of 777 community members for the end of June established a slightly lower target than May’s predicting that DOGE will trade at $0....

Throughout this period, hackers have managed to get away with $682 million in as many as 72 hack events, with more than half of the losses attributed to hacks on Solana (SOL) and Binance Smart Chain (BSC) ecosystems, according to the recent findings by the Atlas VPN team. In four major attacks, Solana suffered a loss of $397 million. The worst of them was the hack on Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) networks, during which the platform lost around $334 million....

Indeed, there are now over 13,069 coins to trade on the market at a time when there is a great deal of positive mood around the space. Currently, the entire market worth of all cryptocurrencies is $2.6 trillion, up 2.16% from yesterday. Similarly, the market volume hit $101.93 billion in the last 24 hours, up 26.69%, according to CoinMarketCap.com. Also, DeFi volume is now $11.61 billion, or 11.39% of the entire 24-hour cryptocurrency market volume, while the total volume of all stable currencies is $81....

According to prominent crypto trading expert Michaël van de Poppe, there are two scenarios that could make the Bitcoin price flip bullishly upwards – the price breaking through the $39,300 level and the weakening U.S. dollar index (DXY) topping out. In a video on his YouTube channel, published on April 27, Poppe said that: Considering this action, the current ATLs, and the DXY approaching key levels with its previous highs, he believes that the next move will be upward and that the breakout is probably going to be large....

To acquire the new Bitcoin reserves, Cypherpunk liquidated its holdings of Monero (XMR) and Ethereum (ETH), alongside partial proceeds from a private placement of $505,000 CAD that closed on August 27. Cypherpunk Holdings, which trades on the Canadian Securities Exchange, manages other privacy-focused businesses, including Wasabi Wallet and Samourai Wallet. The firm also has a stake in Hydro66, a green cloud infrastructure platform, and smart contract protocol Chia Network. With the acquisition, the Bitcoin Treasuries platform now ranks, Cypherpunk in the 12th position among public companies with more Bitcoin holdings....

The double bottom pattern will appear when two valleys or “bottoms” have developed after a long decline, indicating that the selling pressure might end, and a reversal is likely to begin. When looking at the ADA/BTC chart, the price of ADA is roughly 0.00003828 BTC (or 3,828 satoshis). However, Poppe predicts that the coin will rise beyond the 0.00003785 BTC mark before reverting to its former highs. Evidently, the last time ADA hit a clear double bottom, it climbed to around the 6,000 sats zone; notably, Poppe states that he is more interested in the price reaching the 3,000 sats zone for an entry point....

Speaking to Kitco News, Moore noted that he does not envision Bitcoin replacing the dollar as the currency of choice anytime soon. However, according to Moore, since cryptocurrencies are here to stay, they will have a disciplining effect on the dollar. His comments come following concerns that the dollar is under devaluation in the wake of mounting national debt and continuous quantitative easing from the Federal Reserve. Government to increase regulations on Bitcoin With Bitcoin’s recent growth, Moore says the government is terrified, and therefore he expects a tougher oversight on the sector....

Given the beach’s adoption of Bitcoin (BTC) to develop a circular economy in the region, the beach has gained iconic status. These expenditures will go toward the construction of brand-new amenities to enhance the vacation experience for tourists to the destination. In relation to the carrying out of these investments, President Nayib Bukele made the following statement on August 26: In addition to the La Libertad region, the Surf City beach, commonly known as El Tunco, will also profit from these renovations....

This is after the number of Ethereum addresses with a non-zero attained an all-time high of 71,364,788, as of December 29, 2021, on-chain data by Glassnode indicates. Why Ethereum active addresses are on the rise Although Ethereum tremendous price movement can be attributed to the growth in addresses with some balance, the spike can also be linked to the platform’s utilization in other booming sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs)....

Ethereum added 129,869 new unique addresses daily in the first month of 2023, according to data gathered by Finbold from Etherscan on January 30. Indeed, on January 1, 2023, Ethereum had 217,599,463 unique addresses, whereas, on January 29, 2023, the number of Ethereum unique addresses was 221,365,692, indicating that ETH gained 3,766,229 between the two dates. Additionally, the number of unique Ethereum addresses has reached an all-time high of 221 million....