Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Crypto Crackdown: Senator Warren & Co. Introduce Bill to Fight Money Laundering
In a move to strengthen the fight against illicit finance, Senator Elizabeth Warren and five colleagues are supporting the “Digital Asset Anti-Money Laundering Act.” This legislation, though met with skepticism from the crypto industry, aims to enhance regulations for cryptocurrency use by including miners, validators, and wallet providers under the Bank Secrecy Act. Adding weight …
Qadir AK·12 Dec 20232 min
Bitcoin Price Dips: Is This the Start of the Altcoin Season?
In the early hours of Monday, the cryptocurrency market encountered a substantial downturn, spearheaded by major assets such as Bitcoin (BTC) and Ethereum (ETH). Bitcoin, forming a double top around $44,500 and exhibiting a bearish daily Relative Strength Index (RSI), hints at a potential shift towards an altcoin-dominated market in the weeks ahead. Buckle up …
Qadir AK·11 Dec 20232 min
XRP Army Stands Strong and Continues Defying the SEC; But Will it Work?
In what can be described as a landmark case in the cryptocurrency industry, the ongoing battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an interesting turn, thanks to the XRP community’s grit and Naomi Brockwell’s commendable efforts. This move has breathed new life into the case and brought some much-needed …
Qadir AK·11 Dec 20232 min
NewsTether Freezes 161 Ethereum Wallets Linked to US Sanctions; Here’s Why
For almost a decade, Tether cruised along with little attention to rules. However, things took a turn three weeks after the FBI and Secret Service came into the picture. Now suddenly they decide to “proactively enforce OFAC sanctions” and freeze wallets. It’s a surprise move, raising eyebrows as regulators watch closely. This sudden shift could …
Qadir AK·11 Dec 20232 min
Crypto Market Roundup ( Dec 4th – Dec 10th) Here’s How Bitcoin and Major Altcoins Performed This Week
This week in crypto has been marked by a solid performance from layer 1 (L1) tokens, particularly Cardano (ADA), Avalanche (AVAX), and Algorand (ALGO) in the top 100 coins. With double-digit gains crossing the 30% mark, the L1 tokens are rising as Bitcoin scales a new 52W high in 2023. The steady hand of Bitcoin …
Qadir AK·10 Dec 20232 min
South Africa’s Crypto Crackdown: Licenses, Local Presence & Compliance Made Mandatory
Cryptocurrency exchanges worldwide face growing regulations, and South Africa is stepping up with some bold moves. The Financial Sector Conduct Authority (FSCA) recently checked out 128 applications from crypto service providers and plans to review 36 more in December, marking a crucial moment for the nation’s crypto scene. The stringent actions are based on the …
Qadir AK·9 Dec 20232 min
FTX & Alameda Research Shift $23M in Crypto Assets; Here’s Why
The world of cryptocurrencies is exciting and thrilling and you never really know what to expect next. Now, a major event has just unfolded, as highlighted by blockchain analytics firm Spot On Chain. FTX and Alameda Research, industry heavyweights, have orchestrated an impressive transfer of $23.59 million across top cryptocurrency exchanges in a mere four …
Qadir AK·9 Dec 20232 min
Tether and Binance in the Spotlight: A Deep Dive into Crypto’s Regulatory Challenges
In a recent interview with Tony of Thinking Crypto, Ron Hammond from the Blockchain Association shed light on the evolving dynamics between Binance, Tether, and regulatory authorities in Washington, DC. The conversation primarily focused on the recent settlement between Binance and the Department of Justice (DOJ), and the ongoing concerns surrounding Tether. Binance’s Settlement with …
Qadir AK·9 Dec 20232 min
Analyst Warns a Market Fallout Post ETF Approval; Predicts What’s Next for Bitcoin Price
The cryptocurrency market is buzzing as Bitcoin recently soared close to $45,000, prompting concerns about potential overheating. However, analysts like Evan Aldo argue that when closely examining the data, there’s nothing overheated about the current rally. He stressed the importance of monitoring key market indicators and historical patterns to make informed investment decisions. In a …
Qadir AK·8 Dec 20231 min