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Tag: Kris Marszalek

Bitcoin’s Pre-Halving “Danger Zone” and Continued Bullish Sentiment Among CEOs

FinTelegram Ben -
As Bitcoin approaches the critical period known as the halving, historical patterns suggest a potential dip in its value, a phenomenon termed the "danger zone." Currently valued at around $68,000, Bitcoin is on the brink of this precarious phase, which traditionally sees a price decrease in the weeks leading up to the halving event. Crypto analyst Rekt Capital highlighted this trend, noting that Bitcoin is about to enter a period historically marked by significant retracements.

Regulatory Radar: Crypto Exchange Crypto.com Secured Regulatory Approval In France!

Crypto Charlene Lensburg -
Last week, the crypto exchange Crypto.com announced that it had been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) following clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR). The crypto exchange serves over 50 million customers and bills itself as the world’s fastest-growing crypto platform. Crypto.com has been receiving regulatory approval across several jurisdictions worldwide.

Rumors: CySEC-regulated Crypto.com Laid Off Several Hundred Employees Quietly!

Crypto Ben -
The Verge published an interesting piece of information about the CySEC-regulated crypto exchange Crypto.com. In June, the crypto exchange announced the layoff of around 260 employees, or 5 percent of its workforce, due to the downturn in the crypto market. According to insider information from The Verge, however, the company has quietly let go of hundreds more employees. These new layoffs have not been publicized, and it’s difficult to estimate their exact number.

Crypto.com Receives Regulatory Approval In The United Kingdom!

Crypto Ben -
Singapore-based crypto exchange Crypto.com announced today its UK entity FORIS DAX UK LIMITED had received regulatory approval from the UK Financial Conduct Authority (FCA) as a cryptoasset business. The UK entity is led by US citizen Antonio Alvarez Lorenzo, Briton John Nicolas Charteris, and Brazilian co-founder and group CFO Rafael Melo, who is also listed as a controlling person. FORIS DAX MT LIMITED already received a Class 3 Virtual Financial Assets Service Provider license from the MFSA in Malta.

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