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Blockchain
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Latest Price
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BTC / USDT
64325.01
64325.01
+0.2619%
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9.94K
637.39M

ETH / USDT
2777.13
2777.13
+0.3298%
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129.90K
358.62M

USDC / USDT
0.9994
0.9994
-0.01%
-0.01%
223.22M
223.09M

TRX / USDT
0.1655
0.1655
+4.1536%
+4.1536%
968.10M
157.20M

XRP / USDT
0.6018
0.6018
-1.779%
-1.779%
154.13M
92.96M

DOGE / USDT
0.11043
0.11043
-1.9186%
-1.9186%
515.68M
56.72M

MATIC / USDT
0.5318
0.5318
-6.899%
-6.899%
100.01M
54.26M

SHIB / USDT
0.00001523
0.00001523
-2.5592%
-2.5592%
2.86T
43.25M

ADA / USDT
0.3877
0.3877
-1.474%
-1.474%
59.26M
22.81M

LINK / USDT
12.24
12.24
-0.8907%
-0.8907%
1.54M
18.73M

LTC / USDT
65.21
65.21
-2.043%
-2.043%
253.10K
16.57M

FIL / USDT
4.216
4.216
-0.6363%
-0.6363%
3.80M
15.83M

BCH / USDT
361
361
-0.7151%
-0.7151%
40.56K
14.52M

DOT / USDT
4.864
4.864
-2.3489%
-2.3489%
2.86M
13.85M

EOS / USDT
0.5416
0.5416
-2.3968%
-2.3968%
14.88M
8.06M

ZEC / USDT
40.06
40.06
-6.9022%
-6.9022%
96.12K
3.95M

BUSD / USDT
1.0003
1.0003
-0.05%
-0.05%
2.22M
2.22M

YFI / USDT
5565
5565
-0.018%
-0.018%
277.59
1.53M

MDX / USDT
0.0345
0.0345
+17.7876%
+17.7876%
41.27M
1.20M

DASH / USDT
26.61
26.61
-1.0781%
-1.0781%
43.14K
1.14M

XMR / USDT
118.7
118.7
+5.5111%
+5.5111%
7.08K
807.21K

ETH / BTC
0.04318
0.04318
+0.0695%
+0.0695%
15.72K
677.14

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Bit2Me Cryptocurrencies NewsMore
2022-12-14
Outlook for digital assets in 2022: Capital influx and supervision are all the
focus

Investors and industry insiders say regulation will play an important role in
the direction of digital assets, as many digital exchanges continue to operate
in gray areas in many parts of Asia.

As digital assets grow in popularity among investors, new types of
blockchain-based securities and exchanges have emerged, prompting regulators to
act. But rolling out the framework will take time, leaving companies and
investors in a regulatory bind.

"A lot of regulators take an either/or approach. Either I don't want to do this,
I don't want to watch this, or I think I can come up with convincing rules. I
think regulators should want to regulate, and that takes a group that wants to
come up with and Companies that follow these rules will cooperate," Henry Chong,
founder of Hong Kong-based digital exchange Fusang, told AsianInvestor

Hong Kong and Singapore, arguably the leading jurisdictions for digital assets
in the region, have been rolling out consultation papers and regulatory
frameworks to regulate digital transactions.

In May, Hong Kong’s Financial Services and Treasury Bureau (FSTB) said it would
require virtual asset exchanges to obtain a license from the Securities and
Futures Commission (SFC).

Currently, virtual exchanges operate under an opt-in regime and are licensed
under the same regulations as traditional trading and securities firms.

In Singapore, which bills itself as an innovation hub, fintech companies are
setting up shop in the country, where fintech funding has tripled to $3 billion
in 2021. Crypto exchange Crypto.com moved its headquarters from Hong Kong to
Singapore this year, where other global cryptocurrency firms such as Coinbase,
Binance and Gemini have set up operations.

That said, the Monetary Authority of Singapore (MAS) is still screening 400
license applications from digital token players. Only a handful have been
approved, and about 70 are currently operating on temporary exempt licenses.

It remains to be seen how long these fintech companies are willing to wait for
regulatory approval. Binance Singapore announced on Monday (December 13) that it
will withdraw from the country, breaking rumors that it will set up a global
headquarters in Singapore.

In response to Binance Singapore’s departure, a MAS spokesperson said:
“Applicants may withdraw their applications as they deem fit, in which case
those operating under the exempt conditions will be required to cease providing
regulated payment services.” Binance Asia Services has provided MAS with a plan
for an orderly cessation of its regulated payment services."

"MAS' approach to regulation under the Payment Services Act is designed to
foster innovation while ensuring appropriate controls are in place to address
key risks such as money laundering and terrorist financing," the spokesman said.

investor interest

More than a decade after Bitcoin was founded, it's clear that the digital asset
is here to stay. While conservative asset owners continue to shy away from
cryptocurrencies, they have begun investing in the underlying technology and
other blockchain-enabled securities.

"Cryptocurrency is a digital asset," said Ankit Khandelwal, chief investment
officer at multi-family office Maitri Asset Management. “We are more interested
in the underlying technology in these cryptocurrencies, mainly blockchain
technology, which can have huge potential uses in various industries.”

"This technology makes a lot of sense and could have many use cases, as well as
the world of new developments in virtual spaces and metaverses," he said.
Despite expressed interest, Maitri’s family office clients have reservations
about the digital asset space, with most “still in the learning and evaluation
phase.”

"Very few clients are really investing in this space because it's an evolving
field in itself. There's a lot that's unknown here," he said. “But one of the
things we’ve heard from most investor feedback is that this technology shows a
lot of promise. Some of these uses include REITs, funds, or even just contracts,
legal contracts, smart contracts, which can be used in There are various use
cases in different industries and in supply chain logistics.”

Regulatory plus or minus

Regardless of which direction regulation is headed, experts agree that
regulation is on the rise — and that will only give investors more confidence in
digital assets and the underlying technology.

“There are several digital asset classes that will increasingly come under the
watchful eye of regulators, including tethered stablecoins, including private
native cryptocurrencies,” said Benjamin Quinlan, chairman of the Hong Kong
Fintech Association.

“All of this means that the regulatory arbitrage window is now [closing] fast or
even disappearing; people are going to need to play more of the regulated game.
That said, it’s a plus and a minus for the industry. But overall In general, the
tilt towards legality means that in order to achieve real institutional
adoption, the product set around the digital asset space needs to be inherently
safer,” he said.

One benefit of increased regulation, he added, is that fintech companies are
starting to realize that if they want to operate as a licensed financial
institution, "they're starting to understand that you can't just keep making
products like crazy to create security-like tools."

“On the other hand, a lot of brokers understand that business is being lost from
them, that their client base wants to trade digital assets...and now brokerages
are even saying to us, do we need to launch our own exchange to remain relevant?
is a very commoditized space, so it will be interesting to see which exchanges
thrive," he added.


View Details>
Crypto Prices Today: Bitcoin Holds Near $17,000; Litecoin Up Up To 5%
2022-12-26

New Delhi: Cryptocurrency markets were mixed on Monday. Bitcoin, Litecoin and
Yearn Finance gained on the trade, while Binance and Dogecoin lost money on the
trade.

Bitcoin gained 0.31% and held near $17,000, while Ethereum was comfortably
trading above $1,200. Litecoin, meanwhile, outperformed its larger peers,
gaining 5%.

Cardano was up 0.2%, while XRP, Polygon and Tron were also higher. However,
Dogecoin is down around 1.5%.

The global cryptocurrency market cap stands at just over $812 billion, up 0.12%
over the past 24 hours.


The total transaction volume of DeFi is currently $1.61 billion, accounting for
7.11% of the entire cryptocurrency market. The trading volume of all stablecoins
is about $20.68 billion, accounting for 91.30% of the entire cryptocurrency
market. Bitcoin, the world's largest cryptocurrency, according to CoinMarketCap

Hovering around $325 billion, China's 40.02 percent dominance was up 0.07
percent on the day.

Cryptocurrency shopping carts: a quick glance (Source: coinmarketcap.com, data
as of 10.41 hours, IST 26 December 2022)

Bitcoin $16,888.88 0.34%
Ethereum $1,221.33 0.10%
Tether $1 -0.01%
USD Coin 1 USD 0.01%
Binance Coin $244.20 -0.35%
Ripple $0.35 0.16%
Dogecoin 0.07607 - 1.44%
Cardano $0.26 0.27%
Polygon $0.8012 0.64%
Polkadot $4.49 1.05%
TRON $0.05483 0.28%
Litecoin $68.92 4.83%
Shiba Inu $0.0000008338 0.08%
Solana $11.37 -0.63%
Note: Price change in last 24 hours

what is india doing
Policies related to crypto-assets and their ecosystems are set by the Ministry
of Finance and any relevant legislation will only come into force through
international cooperation after a proper risk assessment, Parliament was
informed last week.

“By definition, cryptoassets are borderless and require international
cooperation to prevent regulatory arbitrage. Therefore, any legislation on this
topic will only be effective if there is significant international cooperation
in assessing the risks and benefits and evolution of common taxonomies and
standards, ” Minister of State for Finance Pankaj Chaudhary told the Lok Sabha
in a written reply.


View Details>
Under the chaos of the digital asset trading platform FTX, will the
cryptocurrency be in trouble?
2022-12-16

If Bitcoin (Bitcoin) is a boxer, it must be the kind of tough fighter who
refuses to give up forever.

But in the past few weeks, it has taken a beating, with the collapse of digital
asset industry giant FTX and the arrest of its founder, Sam Bankman-Fried, in
the Caribbean.

Bitcoin is used to blows of all kinds, but after its most battered year to date,
the anti-establishment warrior is now being pushed to the brink.

If Bitcoin were a boxer, it would be lying in the ring by now, staring at gold
stars.

It fell, but has it lost?

The Rise of Bitcoin
Bitcoin has a dog-and-dog story like the American movie "Rocky".

In 2009, it was still equivalent to an Internet forum in the "no matter what"
zone. Bitcoin's prospects were insignificant at that time, and its value was
only a few pennies.

But over the years, its crowd of promoters has grown, helping Bitcoin to develop
against the mainstream.

Bitcoin's value rose to tens of thousands of dollars, and it began to gain
recognition and popularity in some places. It began to be accepted by some
exclusive websites or trendy coffee shops.

Gradually, against everyone's expectations, Bitcoin began to be sought after -
like a champion boxer.

Thousands of imitators like Ethereum, Dogecoin and Litecoin started appearing
before Bitcoin peaked in 2021 with a surge in fame and value.

People started pouring money into it and other cryptocurrencies, with a virtual
coin worth nearly $70,000 (£57,200).

Mainstream groups have also begun to turn to invest in Bitcoin and
cryptocurrency projects.

"watershed"
Then, in November of that year, Bitcoin started to drop and has been going lower
ever since. Ongoing price drops and scandals have brought it to multi-year lows
in terms of value, credibility and appeal.

“It’s been a bad time for the cryptocurrency space, and we may have worse days
to come after the recent FTX scandal. It’s a watershed moment for
cryptocurrencies,” said the Caribbean Blockchain Alliance. Chairman Stefen
Deleveaux said.

FTX’s crash last month was the biggest shakeout in the crypto space in years. It
is the second largest trading platform in the world - the entry point for
millions of people into the cryptocurrency space.

It was once regarded as one of the most trusted platforms, but collapsed into
bankruptcy just days after it was revealed that it was financially unstable.

FTX founder Sam Bankman-Fried is currently in custody accused by the US of
building “a house of cards based on fraud while telling investors it’s one of
the safest structures in crypto.” .

Bankman-Fried told the BBC that he wishes he hadn't killed cryptocurrencies
because of it.

FTX certainly took a hit, but 2022 itself has dealt blows to cryptocurrencies
repeatedly.

"We've never seen anything like this in the cryptocurrency space before," said
Prof Carol Alexander from the University of Sussex Business School. She
predicted last year that cryptocurrencies would crash in 2022, but admitted she
was taken aback by how often these events occurred.

wave after wave
The first major blow came in May, when two popular digital currencies collapsed,
costing Bitcoin and the entire crypto ecosystem $400 billion in value.

Do Kwon, who created the Terra currency, is now wanted by South Korean
authorities, allegedly hiding in Serbia.

A series of other scandals, large and small, have shaken trust in the
cryptocurrency ecosystem, such as Kim Kardashian being fined $1.26 million for
promoting an ultimately failed cryptocurrency.

In addition, there is also the collapse of the non-fungible token (Non Fungible
Token) market that was once booming. In the past, NFTs were sold for millions of
dollars, but now they are difficult to sell.

Confidence has also been hit by a spate of hacks against cryptocurrency
companies, the largest of which stole $600 million from operator Ronin Network.

As Bitcoin and all other virtual currencies shrink in value, big virtual
currency firms like Celsius, Three Arrows Capital and BlockFi go bust, costing
investors big and small, police Also investigating what happened.

The value of a single bitcoin, often seen as a barometer of the entire virtual
currency ecosystem, is now hovering at less than $18,000 — a 70% drop from its
November 2021 peak.

Can cryptocurrencies make a comeback?
The fall of trading platforms such as FTX has left a huge hole in the industry,
which has raised other concerns.

More than $1.4 billion was withdrawn from the Binance exchange on Tuesday. This
appears to be due to negative media coverage of cryptocurrencies. Changpeng
Zhao, the company's founder, urged calm on Twitter, saying it was "business as
usual".

However, Andy Renshaw, senior vice president of product management at Feedzai,
said that cryptocurrencies will need to rely on a strong and diverse
crowdfunding platform to survive this ongoing battle.

“Without a trusted place to trade safely, cryptocurrencies are unlikely to
return to the status of champion boxers, let alone grab gold belts-at least,
some basic skills still need to be corrected in training camp.”

Digital currency is of course only a part of the encryption ecosystem, but most
people's estimates are not optimistic about its value rising in the short term.

As a speculative asset, cryptocurrencies appear to have a bleak future,
according to Prof Omid Malekan of Columbia Business School. “Prices have fallen
and many of the largest providers of investment-related services have gone
bust.”

But he said that cryptocurrency is still first and foremost a technology, to
which he said: "It's in good shape, better than ever in some ways."

The adoption of bitcoin and so-called stablecoins in developing countries
without reliable financial infrastructure shows how the technology is improving
people's lives, Professor Malekan said.

DeLorevo also believes that the cryptocurrency’s ups and downs overshadow its
overall progress. He noted that cryptocurrencies are being used to help
charities access funds in places where normal currency cannot be obtained due to
war and economic depression.

He also said that the recent scandal is an opportunity to "drive the scammers
away" in the crypto space.

"Crypto is basically a very short summary of the future of the digital global
economy," said Professor Alexander. She pointed out that the metaverse
environment built with encryption technology has been regarded by some people as
the form of future work and life.


View Details>
What are cryptocurrency prices today, December 24, 2022?
2022-12-24

Cryptocurrency Prices Today, December 24, 2022

Solana has lost 4.95% in value over the past 24 hours, while Terra Classic and
Decentraland have seen notable increases in value.

Latest Release: Celebrities Who Lost Millions on NFTs

The market fell for a third straight day after trading in the green flag for two
straight days. Despite this, the value of various cryptocurrencies has
increased.

At the time of writing, Solana is down 4.95%, making it the biggest loss in the
past 24 hours. Dogecoin price surged yesterday but is down 1.73% as of today.
The price of Uniswap fell by 1.53%. The value of Toncoin fell by 1.36%.

In the past day, the price of Terra Classic increased by 5.51%.

The value of Decentraland has increased by 5.09%. Cronos gained 3.27%.
The total value of all cryptocurrencies currently on the market is estimated at
$810.48 billion, down 0.23% over the past 24 hours. The total cryptocurrency
market fell by 16.28% and is currently worth $24.93 billion.

The top 4 cryptocurrencies today are as follows:
Solana (SOL), down 4.95%:
Over the past day, the value of the cryptocurrency Solana has dropped by a
massive 4.95%. The current market cap is $4.023 billion. The total transaction
volume decreased by 16.73%. The price of one SOL token is currently $11.34.

Dogecoin (DOGE) has lost 1.73% in value.
Dogecoin’s market capitalization fell 1.73% to $10.389 billion in the past 24
hours. Currently, one DOGE coin can be purchased for $0.07701. Transaction
volume also fell by 54.50%.

Terra Classic (LUNC) gained 5.51%.
After rising 5.51%, Terra Classic's current market cap is $994.58 billion.
Compared with the previous trading day, the trading volume decreased by 7.53
percentage points. The current price of one LUNC cryptocurrency coin is
$0.0001452.

The value of Decentraland (MANA) has increased by 5.09%.
In the past twenty-four hours, the value of the cryptocurrency Decentraland has
increased by 5.09%. The current market value is $613.706 million. At this point,
one MANA token can be purchased for $0.33302. The recent transaction volume has
increased by 321.37%.

finally:
Cryptocurrency Prices Today, December 24, 2022: The cryptocurrency market has
yet to recover from an adverse trend following the FTX fiasco and the Fed's
decision to raise interest rates. No evidence of dust buildup. Still, the fact
that some coins are doing well makes the end of the year very exciting.


View Details>
About US
About Bit2Me


Bit2Me Global Professional Station, an innovative digital asset trading platform
serving global professional trading users, is dedicated to discovering quality
and innovative digital asset investment opportunities. At present, it provides
more than 40 kinds of digital asset products trading and investment services.
Headquartered in Spanish, it is operated by the Bit2Me Global Pro Station team.


Bit2Me is Spain's largest and most prominent digital assets company that has
been fully compliant since 2015, being the first crypto firm in the world
granted crypto brokerage & custody registration from the Bank of Spain. The
company and its founders hold a longstanding and healthy relationship with the
Spanish Government, IBEX35 institutions, CNMV, and Bank of Spain as the
country’s only prominent crypto firm domiciled in Spain since inception.


Bit2Me Group is the world's leading blockchain asset financial service provider.
It has provided high quality services to millions of users from over 130
countries around the world. It has independent offices in Singapore, Korea, Hong
Kong, China and other countries and regions. trading business and operation
centers.


Bit2Me Group and its sub-brands are global leaders in technology platforms,
product branches, security and risk control systems, operations and customer
service systems. In addition, other sub-brands under which Bit2Me operates
globally include Bit2Me Japan's digital asset trading platform and Bit2Me
Wallet's digital asset management services.


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