CME Ousts Binance as Largest Bitcoin Futures Exchange, Indicating Growing Demand From Institutional Traders
10.11.2023
Source: Adobe/fotofabrika The regulated derivatives marketplace Chicago Mercantile Exchange (CME) has dethroned Binance as the largest Bitcoin ( BTC) futures exchange. The shift marks the first time in two years that CME has claimed the top spot, indicating a surge in demand from institutional...
NEAR Protocol: Still effective and worth buying?
10.11.2023
NEAR Protocol recently experienced an increase of 40%. The jump has come in the last 30 days, or one month, with NEAR now being valued at $1.51. The rise was rather 44.69% at the time of drafting this article. What makes this relevant is the fact that the crypto industry is finally coming out...
SEC Chair Gensler: Anybody Wanting to Be in Crypto Must ‘Do It Within the Law’
10.11.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that anyone wanting to be in crypto must “do it within the law.” He advised crypto trading platforms to “Build the trust of investors” in what they are doing, cautioning that they must ensure they...
Lloyds Bank Warns Over Rising Threat of Crypto Scams
10.11.2023
Source: AdobeStock / JeromeMaurice Lloyds Bank has issued a warning over a significant surge in crypto scams, revealing a 23% rise from the previous year. As per the UK bank’s report, victims are losing an average of $13,130, marking a notable rise from the previous year’s average of $8,570....
Why did Satoshi Nakamoto invent Bitcoin after the 2008 crisis?
10.11.2023
Bitcoin has been the face of the crypto industry ever since its inception. Now that digital assets are gaining mainstream adoption, BTC is leading the industry on numerous fronts. But the majority of crypto enthusiasts are oblivious to the origins of this worldwide phenomenon. Bitcoin made...
Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital
10.11.2023
Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years
CME Topples Binance as Top Bitcoin Futures Exchange as Crypto ETF Excitement Soars
10.11.2023
CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted
Bitcoin revolution centers on the changing financial landscape
10.11.2023
Bitcoin Whitepaper completed its 15 years on October 31, this Halloween season. It was even met with a spicy tease from Gary Gensler, the Chair of the SEC. It has been so long since Satoshi Nakamoto published their first paper, Bitcoin: A Peer-to-Peer Electronic Cash System. The world has changed...
US and Allies to Intensify Sanctions Against Hamas, Targeting Crypto Assets to Cut Funding
10.11.2023
Source: Adobe Stock/ sveta The United States and its allies are set to escalate sanctions against the militant group Hamas in the coming days. According to the U.S. Deputy Treasury Secretary Wally Adeyemo, more actions will be taken in the coming days and weeks to cut funding channels to Hamas...
Failure to ‘Properly’ Regulate Crypto Has Cost Ukraine $49bn – Study
10.11.2023
Source: Vaksmanv/Adobe Ukraine’s failure to adequately regulate the crypto sector cost the nation just shy of $49 billion in the period 2016 to 2022, a study has found. The study was carried out by Ukraine Economic Outlook, in association with the crypto exchange Kuna and an industry group named...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
10.11.2023
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets
10.11.2023
Ripple has expanded its payments network to more than 70 crypto and traditional payout markets. “Accumulatively this adds up to 90% of the global foreign exchange market,” the company explained, highlighting that the Ripple network has facilitated over $30 billion in payment volume...