This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000. This abrupt Bitcoin price decline… Listen ⇢

Hong Kong introduces the Stablecoin Bill to regulate fiat-backed stablecoin issuers, ensuring financial stability and transparency in virtual assets. Hong Kong Secretary for Financial Services and the Treasury, Christopher Hui, presented the second reading of the Stablecoins Bill at a legislative council meeting on December 18. The bill seeks to… Listen ⇢

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations. The Regulatory Measures… Listen ⇢

CyberKongz, a gaming-based NFT project, announced on December 16 that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The notice raises concerns about the platform’s integration of its ERC-20 token with blockchain games and questions aspects of its activities, including its 2021 contract migration.… Listen ⇢

Tether, the global leader in the stablecoin market, has strategically committed $775 million to Rumble, a rising video-sharing platform that positions itself as a decentralized alternative to YouTube. This significant investment comes as Tether’s earnings surge, with profits soaring above $10 billion this year. On December 20, the USDT issuer… Listen ⇢

Binance faces legal scrutiny in Australia for misclassifying 500+ retail clients, exposing them to risky crypto assets without protections. Binance’s Australian subsidiary is under investigation by the Australian Securities and Investments Commission (ASIC) for allegedly misclassifying clients. Regulators claim that over 500 retail clients were misclassified as wholesale clients. It… Listen ⇢

If you are looking for a versatile, free, and accessible online image editor from any device, Photopea is the ideal choice. Perfect for both beginners in photo editing and graphic design professionals, this online graphic tool allows you to create, edit, and save images with ease. Discover why Photopea is… Listen ⇢

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your… Listen ⇢

Este artículo también está disponible en español. The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve’s rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on… Listen ⇢