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TON-Based Hamster Kombat Token Plummets 42% in 3 Days

TON-Based Hamster Kombat Token Plummets 42% in 3 DaysOn Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per token when it first hit major exchanges, HMSTR has since lost over 42% of its […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’ on the Horizon: Bitcoin Looks to Buck September’s Bearish History As of Saturday, Sept. 28, 2024, […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator

Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish RegulatorBybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announcement, the recognition marks a significant milestone for the exchange, allowing it to […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License

Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian LicenseCrypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million

Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 MillionA new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework

New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting FrameworkThe New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

47 Companies Apply to Operate in Turkey Under New Crypto RegulationsTurkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues WarningThe South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation of the FATF’s Recommendation 16. CASP Interactions With Unhosted Wallets The South African Financial Intelligence […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill

British Man Who Lost 7,500 BTC Sues for Right to Search Council LandfillA British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value of the cryptocurrency, the expert said he […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin

Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With BitcoinA French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader when the price of the […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights