DZ Bank, third-largest German bank, to start crypto custody for institutional investors
6.11.2023
DZ Bank AG launches its own digital assets custody platform, built on blockchain
FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds
6.11.2023
Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million. The proposed sale would be facilitated through an investment...
GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
6.11.2023
While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders
India’s Central Bank Governor Warns Crypto Poses Higher Risk to Emerging Markets
6.11.2023
Reserve Bank of India (RBI) Governor Shaktikanta Das has once again warned about the threats that cryptocurrencies pose to global financial stability, particularly for emerging market economies. Speaking at the Business Standard BFSI Insight Summit 2023 in Mumbai, Das stressed the importance...
There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says
6.11.2023
We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said
Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement
6.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges...
Solana Price Prediction as SOL Surges Past $42 Zone – Can SOL Reach $100 in 2023?
6.11.2023
As the digital currency market continues its dynamic ebb and flow, Solana (SOL) has recently captured the spotlight, surging past the pivotal $42 zone. This impressive momentum has sparked a flurry of speculation and analysis within the crypto community, leading many to ponder a tantalizing...
Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization?
6.11.2023
Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could...
FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
6.11.2023
Bankrupt crypto exchange FTX and its debtors have asked the U.S. Bankruptcy Court in Delaware to approve the sale of trust assets, funds of Grayscale and Bitwise amounting to an estimated $744m, through an investment adviser
Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance
6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...
Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”
6.11.2023
Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry. In an interview with Yahoo Finance, she expressed her concerns about the regulatory agency’s actions and vowed to block one of...
Cardano (ADA) poised for further gains as bulls tighten their grip
6.11.2023
ADA, the cryptocurrency named after mathematician and philosopher Giordano, has been gaining popularity as more investors are flocking around it following a price increase. A third-generation blockchain project that is getting a buzz from various quarters because it has distinctive abilities...