Bitcoin Price Prediction: ETF Approval Spurs Jump to $43,500
21.12.2023
In a significant market shift, Bitcoin has soared to $43,500, marking an impressive 2.50% increase. This surge is largely attributed to the persuasive impact of spot Bitcoin ETF filings, which, even before official approvals, have intensified marketing campaigns within the crypto sector....
Will Cancun Upgrade Give Ethereum (ETH) the Much Needed Pump? Experts Believe Retik Finance (RETIK) Will Still Give 10X Better Returns
21.12.2023
Ethereum (ETH) and Retik Finance (RETIK) are the two key players grabbing the attention of investors and enthusiasts alike. Ethereum’s much-anticipated Cancun upgrade is poised to bring significant advancements, while Retik Finance positions itself as a revolutionary force in...
The Sandbox Aims To Make India Its Largest Market
21.12.2023
Metaverse platform The Sandbox is aiming to make India its largest market within the coming 24 months
US Court Finalizes Forfeiture of 69,370 Bitcoin from Silk Road
21.12.2023
Source: DALL·E A U.S. appeals court has completed a legal process finalizing the seizure of 69,370 Bitcoin from the Silk Road, the now defunct dark web marketplace. According to a court filing, the U.S. District Court of Appeals for the Ninth Circuit confirmed the transfer of the Bitcoin to federal...
New EU Sanctions Package Preclude Russians From Owning Crypto Companies
21.12.2023
The European Union said Russian nationals from owning or controlling crypto service providers under the bloc’s twelfth package of restrictive measures against the country. According to the EU, diamonds entering its will now have to be traced from “the mine to the finger” and this...
Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply
21.12.2023
Source: AdobeStock The entire stablecoin market cap dominance fell to 8.07% in December, recording the lowest market share since December 2021, despite adding the largest monthly supply last month since February 2022. The total market capitalization of stablecoins rose 3.43% to $128 billion...
Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal
21.12.2023
Source: pla2na/Adobe The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million. Per the Shanghai Securities News and the China Securities Network, the deal involved the Shanghai Branch of the Bank of China,...
Grant Thornton: Family Offices Are Warming Up to Blockchain and Crypto
21.12.2023
A report issued by Grant Thornton, a professional services network, has revealed that family offices are eyeing crypto and blockchain to increase their investments in these areas. More than half of the family offices consulted have already invested in digital assets, with 38% allocating less than...
Judge Denies Sam Bankman-Fried’s Request for Adjournment of Sentencing Hearing
21.12.2023
Source: Getty Image U.S. District Judge Lewis Kaplan has denied a request for adjournment made by Sam Bankman-Fried, the former CEO of FTX. Former FTX CEO Sam Bankman-Fried’s request for a four-to-six-week adjournment of his sentencing hearing has been denied by Judge Lewis Kaplan....
Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption
21.12.2023
Ripple’s president has shared her crypto predictions, stating that 2024 could mark “the breakout moment where institutional adoption for real-world utility takes off.” She emphasized: “The industry needs to build compliance tooling in a decentralized environment. It’s...
Protocol Village: Bitfinex Securities Announces First Tokenized Bond on Liquid Network
21.12.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
Judge Kaplan Rejects Bankman-Fried’s Request for Sentencing Delay, Affirms March 2024 Date
21.12.2023
In a recent development in the high-profile case of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX, a request for postponement of the sentencing hearing was firmly denied by U.S. District Judge Lewis Kaplan. Bankman-Fried’s legal team had sought a four to six-week...