Progmat stablecoin platform takes shape as wallet, liquidity providers join
8.11.2023
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement
Bitcoin Pushes Towards $36K Ahead of Last Approval Period For Spot ETFs This Year
8.11.2023
The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’
8.11.2023
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations. While Challenges Remain,...
Smart Money Is Moving into This AI Crypto – Here’s Why
8.11.2023
Launchpad XYZ’s presale of its AI crypto LPX token has raised nearly $2 million so far. Image by Pol Solé, Adobe Stock. Artificial Intelligence‘s integration into the financial sector has sparked a new wave of investment strategies, particularly within the cryptocurrency industry....
LidoDAO launches official version of wstETH on Base
8.11.2023
LidoDAO took control of the deployment for a wrapped version of its flagship token, stETH, on Base
NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter
8.11.2023
Elon Musk slams NFTs on the Joe Rogan podcast only to unintentionally make the case for Bitcoin Ordinals
Senator Ted Budd Proposes Keep Your Coins Act Following SBF’s Conviction
8.11.2023
Senator Ted Budd (R-NC) introduced a bill yesterday that would see crypto users’ assets kept in self-hosted wallets in hopes of mitigating third-party risk. Self-hosted wallets The bill, appropriately titled the “Keep Your Coins Act,” was formally introduced by Budd in the Senate on November...
Deloitte & Paxos Share Insights on Stablecoins and Financial Innovation – Here’s What You Need to Know
8.11.2023
Deloitte. Source: Adobe / Tobias Arhelger Banks and large institutional players are looking for avenues into the stablecoin industry following PayPal’s latest crypto foray, according to Deloitte Principal and Partner Richard Rosenthal. In conversation with Paxos Head of Strategy Walter Hessert,...
Stablecoins 'not a safe store of value': BIS
8.11.2023
"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements
Here Are 3 Reasons Why Now is a Good Time to Buy Bitcoin
8.11.2023
Bitcoin Logo / Source: Adobe Last trading in the $35,300s and only just below recent yearly highs in near $36,000, Bitcoin (BTC) is up a stunning more than 110% on the year. Having been as much as 77% down from its all-time highs when it fell into the $15,000s last year, Bitcoin has now managed...
Price analysis 11/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
8.11.2023
Bitcoin traders want to convert the $36,000 level to support, but will failure to do this kick off a market-wide correction?
Glassnode Data Shows Bitcoin Supply Less Liquid Than Ever Despite Market Gains
8.11.2023
The scarcity of the bitcoin supply has tightened, as revealed by the recent Glassnode study on onchain activities. Observations show that the inactivity of coins is touching both multi-year and unprecedented peaks, despite a substantial uptick in bitcoin’s value throughout the current year....