Floki Defends High-Yield Staking Amid Hong Kong Regulator’s Scrutiny
Market Analysis

Floki Addresses Hong Kong’s Concerns Over Staking Rewards

January 30, 2024 0

In a recent statement, the Floki team addressed the Hong Kong Securities and Futures Commission’s (SFC) concerns about their high-yield staking programs. It also emphasized its commitment to compliance and explained the mechanics behind its […]

Ethereum’s (ETH) Shifting Tide: Price Drop to 7-Month Low as Gas Fee Dips
Market Analysis

Ethereum (ETH) Price Falls Below $2,500

January 30, 2024 0

The Ethereum (ETH) price has fallen since reaching its yearly high of $2,717 on January 12. The price returned to a horizontal range that has existed for 54 days. It bounced at the range low […]

Why is Coinbase Popularity on Apple App Store Declining? 
Market Analysis

Why Is Coinbase Popularity on App Store Decreasing?

January 30, 2024 0

A prominent crypto executive has pointed to why the application for cryptocurrency exchange Coinbase is significantly decreasing in popularity on the Apple App Store. Managing partner of crypto venture fund Dragonfly.xyz Haseeb Qureshi questions why […]

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
Bitcoin

Floki Team Responds to Hong Kong Regulator Warning

January 30, 2024 0

To address regulatory concerns in Hong Kong, the Floki team said that they have implemented measures, including warning notices, blocking Hong Kong users from their staking programs, and pausing their offline marketing campaign in the […]

EU Securities Regulator Seeks Feedback on Classifying Crypto as Financial Instruments
Market Analysis

Europe Regulator Seeks Feedback on Crypto Regulations

January 30, 2024 0

The European Securities and Markets Authorities (ESMA) has requested public input to aid in the assessment of criteria for categorizing cryptocurrency assets as financial instruments or otherwise. Meanwhile, this follows the regulations development in August […]