According to PANews, South Korea's Financial Services Commission (FSC) Chairman, Kim Byoung-hwan, has announced the government's intention to implement robust measures to prevent virtual assets from becoming a loophole in the anti-money laundering system. This announcement was made during the 18th Anti-Money Laundering Day ceremony.

Kim Byoung-hwan highlighted the frequent misuse of virtual assets in illegal activities, underscoring the need for stringent regulations. He emphasized that the gov

According to BlockBeats, the BitVol Index, which measures the expected 30-day implied volatility derived from tradable Bitcoin options prices, decreased to 63.51 on November 28, marking a daily decline of 0.8%. This index is a collaborative effort by financial index company T3 Index and options trading platform LedgerX.

The BitVol Index provides insights into the market's expectations of future volatility by analyzing the implied volatility embedded in actual option prices. Implied volatility i

Solana (SOL) rebounds from recent lows, backed by strong onchain metrics and derivatives data. Could SOL rally toward $300 and challenge its all-time high?Solana Bounces Back: Recovery in ProgressSolana’s native token,  SOL has surged 8% since hitting a low of $222 on Nov. 26, following a sharp correction from its all-time high of $263.80 on Nov. 23. As of Nov. 27, SOL trades at $237.98, with onchain and derivatives data pointing to a potential bullish continuation.Market Performance and Investo

SOS Ltd announces a $50M Bitcoin purchase, sparking a 40% surge in stock price as it leverages Bitcoin’s rally and institutional momentum.SOS Ltd Invests $50M in Bitcoin, Shares Rally Over 40%China-based SOS Ltd, a financial services firm operating a Bitcoin mining facility in the United States, has pledged to purchase $50 million worth of Bitcoin (BTC). The announcement, made on Nov. 27, comes as Bitcoin continues its meteoric rise, and the company's stock surged over 40%, closing at $9.93 and

Bitcoin (BTC) hit $97K before retreating to $95.5K, while ETH surged 7% and XRP gained 6%. Market optimism grows as Scott Bessent is nominated as U.S. Treasury Secretary.Bitcoin Hits $97K Before Thanksgiving DipBitcoin (BTC) briefly surged past $97,000 in early Thursday trading before retracing to around $95,500, marking a 3.3% gain in the past 24 hours. The price jump fueled speculation of an imminent $100,000 breakout, although some traders warned of potential volatility during the Thanksgivin

Bitwise Asset Management files for its 10 Crypto Index Fund ETF, offering diversified exposure to major cryptocurrencies, including Bitcoin and Ether.Bitwise 10 Crypto Index Fund ETF Application Submitted to SECDigital asset manager Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund (BITW).The proposed ETF, filed on Nov. 27, aims to provide investors with indirect exposure to a

Pantera CEO Dan Morehead compares buying Bitcoin (BTC) in 2013 to owning gold in 1000 BC. Learn how Pantera’s first Bitcoin (BTC) investment grew over 130,000%.Pantera Capital’s Bitcoin Journey: From $74 to $15 Trillion PotentialDan Morehead, founder and managing partner of Pantera Capital, described buying Bitcoin (BTC) in 2013 as akin to owning gold during the Iron Age. Speaking in a Nov. 26 blog post, Morehead revealed that Pantera’s first Bitcoin (BTC) purchase at $74 in July 2013 has yielde

According to BlockBeats, as of November 28, data from L2BEAT indicates that the Total Value Locked (TVL) on the Base Network has surged to $11.47 billion. This marks a 12.6% increase over the past seven days, setting a new historical record for the network. 

According to Odaily, VanEck CEO Jan Van Eck recently discussed the rapid increase in cryptocurrency prices, attributing this surge to a significant shift in U.S. government policy regarding cryptocurrencies. In a recent interview, Van Eck highlighted that this change marks the most substantial pivot in the government's approach to crypto policy to date.Van Eck further expressed his optimistic outlook for Bitcoin, forecasting that the cryptocurrency could reach a value of $400,000.

According to Odaily, a UK pension fund has come under scrutiny for its decision to invest in Bitcoin. The fund allocated £1.5 million from its £50 million asset pool to Bitcoin, aiming to enhance employee returns. This move occurred before a significant surge in Bitcoin prices following Donald Trump's election victory. Several experts have criticized the pension fund's decision, warning that it risks "gambling with retirees' futures." Colin Low, Managing Director of Kingsfleet, described the mov

According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed substantial liquidations over the past 24 hours, amounting to $281 million. This includes $104 million in long positions and $177 million in short positions.Bitcoin and Ethereum were among the most affected cryptocurrencies, with Bitcoin experiencing liquidations totaling $77.46 million and Ethereum facing $57.77 million in liquidations. These figures highlight the volatility and risk associated wit

According to Foresight News, data from Alternative.me indicates that the cryptocurrency Fear and Greed Index has risen to 77 today, up from 75 yesterday. This increase signifies that the market is currently in 'extreme greed.' 

According to Foresight News, a report from the Financial Times reveals that Hong Kong is considering a proposal to exempt private equity funds, hedge funds, and investment vehicles for ultra-wealthy individuals from paying taxes on gains derived from cryptocurrency, private credit investments, and other assets. This initiative is part of Hong Kong's strategy to establish itself as a leading offshore financial center.

According to BlockBeats, a cryptocurrency whale, who previously made a profit of $15.69 million through two Bitcoin trades, has recently made a significant purchase. Approximately 11 hours ago, the whale spent $53.65 million USDT to acquire 553.3 Wrapped Bitcoin (WBTC) at an average price of $96,966 each. 

According to PANews, Russia's upper house of parliament has approved a government-initiated bill outlining a tax framework for digital currencies. This development follows the bill's initial approval in the State Duma, the lower house, and its final passage in a plenary session on Wednesday. The new law classifies digital currencies, including those used as payment tools under experimental legal frameworks, as property under the Russian Federation Tax Code. This classification exempts digital cu

According to Binance Market Data, Ethereum (ETH) crossed the 3,600 USDT benchmark and is now trading at 3,600.75 USDT, with a 7.31% increase in 24 hours.

According to PANews, a dormant Bitcoin address containing 16 BTC was activated today at approximately 11:35 AM UTC+8. This address had been inactive for 11 years. Back in 2013, the value of these Bitcoins was just $14,186. However, their current value has surged to approximately $1,544,061.

According to PANews, Sriram Krishnan, a general partner at a16z, has announced his decision to leave the company at the end of the year. Krishnan shared this news on the X platform, stating that after four years with a16z, he plans to depart and will provide more details about his future plans in the coming months.In addition, The Information has reported that Krishnan has been in discussions with Elon Musk regarding a potential role in the government efficiency department led by Musk. Further d

According to Odaily, lawyer John Deaton, known for his support of XRP, has expressed his backing for Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). Deaton has urged the SEC to implement changes, criticizing the agency's current approach under Gary Gensler's leadership. He argues that the SEC has imposed oppressive measures on the cryptocurrency industry and startups, offering little guidance to companies operating in this sector. This lack of direction, De

According to Foresight News, Elon Musk recently tweeted about his plans to establish an AI gaming studio under his company xAI. Musk expressed his concern that too many gaming studios are currently owned by large corporations, and he aims to make gaming exciting again through this new venture.Previously, Foresight News reported, citing the Financial Times, that Musk has allocated 25% of xAI's shares to investors who supported his $44 billion acquisition of Twitter. This move is part of Musk's br