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Author: James Wilson
The Australian Transaction Reports and Analysis Centre has warned cryptocurrency exchanges and remittance providers to follow anti-money laundering laws or face the consequences. In a press release statement published on its official website, the agency revealed that it is now reviewing over 50 providers and recently took action against 13 of them. According to AUSTRAC CEO Brendan Thomas, the agency canceled, suspended, or refused to renew the registrations of nine providers late last year. This was after they failed to comply with the Anti-Money Laundering and Counter-Terrorism Financing Act. Thomas added: A further 2 providers had conditions placed on their…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. iDEGEN’s viral momentum continues to surge as Canadian crypto whales push its presale past $22.5m ahead of its February 27 exchange listing. In the wake of a third posting ban from X, iDEGEN has not been silenced but instead catapulted to a bigger audience than ever before. Now, Canadian crypto whales have discovered IDGN, pushing its presale raise past $22.5m as the project approaches its February 27 exchange listing. Yet another viral moment for the agent has pushed it…
Japanese investment firm Metaplanet has purchased an additional 269.43 Bitcoin as part of its ongoing Bitcoin treasury strategy. In a public announcement made on Feb.17, Metaplanet revealed having acquired 269.43 Bitcoin (BTC) at an average price of $95,000 per Bitcoin, amounting to $25.6 million. This latest acquisition increases Metaplanet’s total Bitcoin holdings to 2,031.41 BTC, with an average purchase price of $78,000 per BTC, totaling $159 million. Metaplanet has been using BTC Yield as a key performance indicator to measure the value of its Bitcoin holdings relative to its fully diluted shares. The company reported a BTC Yield of 15.3%…
The CoinMarketCap Altcoin Season Index now sits below 40, signaling that altcoins continue to underperform relative to Bitcoin. What’s next? The CMC Altcoin Season Index is a tool that helps determine whether the market is in altcoin season or Bitcoin (BTC) season by tracking the performance of the top 100 cryptocurrencies over the past 90 days. When 75% or more of these altcoins outperform Bitcoin, the market is considered to be in altcoin season. In December 2024, the index hit 64, signaling the start of altcoin season. However, since the beginning of January, the index has remained just above 40…
Grok token shot up 82% on Sunday, likely due to Elon Musk confirming that the Grok 3 chatbot will officially drop on Monday. At last check, the token was trading at around $0.005579 with a market cap of around $35.5 million. Source: CoinGecko Grok 3, built under Musk’s tech startup xAI, is expected to make its debut on Monday at 8:00 PM Pacific. Musk — who oversees xAI along with his other leadership roles at Tesla, SpaceX, the Boring Company and DOGE (the Department of Government Efficiency) — boasted on X, which he also owns, that Grok 3 is the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After cashing in on Pepe’s meteoric rise, savvy investors are now rallying behind Rexas Finance at $0.20. Smart investors, who made millions from the spectacular growth of Pepe (PEPE), are now lending their support to Rexas Finance (RXS). These investors are moving largely to RXS in hopes of recreating their success. Rexas Finance: The token gaining strong support Rexas Finance uses its creative blockchain technology to provide practical uses. Its main characteristic is asset tokenization, which lets users establish…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s 35% monthly decline raises concerns, while DTX Exchange surges with $14.6 million in presale funding. A 35% decline in the Dogecoin price this month has sparked concerns about its viability. As the meme coin struggles to recover above $0.27, evaluators highlight a surge in demand for platforms blending decentralized and traditional finance. DTX Exchange has already attracted $14.6 million, and because of its strong community demand, the platform has launched a bonus round. Early registrations for the project…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum-based Rollblock is gaining traction, with analysts suggesting its presale could outperform Pepe, the memecoin vying for the top spot. Analysts predict Pepe (PEPE) could become the largest memecoin in the market, with both technical and fundamental indicators pointing to a potential surge. However, Ethereum whales are turning their attention to Rollblock instead, citing Pepe’s lack of real-world utility as a key factor in their decision. Rollblock aims to transform the $450 billion gaming industry by integrating blockchain technology…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ChowWow is gaining traction, with analysts predicting a massive surge and the potential to be Solana’s next top meme coin. The crypto market shows growing interest in ChowWow (CHOW) as it builds momentum this first quarter. Analysts project a significant increase in the coin’s value that could mirror Solana’s (SOL) fast market growth. As excitement builds, the main question is whether CHOW could become the top Solana meme coin. ChowWow continues to achieve increasing prominence in both the crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, a new $0.006 altcoin, is set to transform RWA tokenization by combining artificial intelligence with blockchain technology. The tokenization of real-world assets (RWAs) is rapidly gaining traction, transforming how physical and digital assets are managed on the blockchain. Lightchain AI (LCAI), currently priced at $0.006, is aiming to lead this transformation by integrating artificial intelligence with blockchain technology to enhance efficiency, security, and automation. Traditional financial systems often struggle with liquidity, transparency, and accessibility, but LCAI’s approach…