Cathie Wood's ARK Invest Sells $49.2M Worth of Coinbase Shares
11.12.2023
ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time
M&G Invests $20M in UK Bitcoin Derivatives Platform GFO-X
11.12.2023
Source: Pexels UK asset management firm M&G Plc announced it has invested $20 million in the bitcoin derivatives exchange, Global Futures & Options Holdings (GFO-X) looking to support “regulated trading of digital assets” and meet demand from institutional investors. GFO has a partnership...
Bank of Russia States Digital Ruble Pilot Will Continue Until the End of 2024
11.12.2023
The Bank of Russia has offered an update on the future of the digital ruble pilot, the Russian central bank digital currency (CBDC). The bank’s press service clarified that the pilot will continue throughout 2024 and until the massification of the digital ruble usage, estimated to happen...
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
11.12.2023
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%
Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit
11.12.2023
Source: Adobe/piter2121 The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited. The court issued an interim injunction, prohibiting Huobi Global Limited from using...
Cardano chief’s casual tag leads to crypto chaos
11.12.2023
Even minor actions can have serious consequences in the lightning-fast world of cryptocurrency. With this context in mind, consider the story of Charles Hoskinson, founder of Cardano, whose latest social media update triggered an ugly event in the cryptocurrency market. Recently, Hosinkson...
Bitcoin: Up, down, or sideways? Breaking crypto’s next chapter
11.12.2023
Bitcoin’s historic rise can be traced back to how it has gained momentum in the last 12 months. The token is up by 144.69% at the time of drafting this article, with speculation that BTC would soon surpass the $65k mark. However, it is subjected to a volatility factor, which adds worries...
MetaGate Summit 2024 – Shaping the future of the metaverse in Riyadh
11.12.2023
Riyadh to Host “MetaGate International Metaverse Summit” in September 2024 Saudi Arabia, at the forefront of advancing digital landscapes, is set to host the inaugural “MetaGate – International Metaverse Summit” in Riyadh from September 10 to 12, 2024. This summit...
Vivek Ramaswamy Blasts SEC Chair Gary Gensler: ‘Regulations Need to Catch Up’
11.12.2023
Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations needed to catch up and that the existence of these cases...
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
11.12.2023
Conio is also deeply involved in the institutional uptake of digital assets, specifically the Euro Token project overseen by the innovation center of the Bank of Italy
Bitcoin Price Prediction: BTC Dips to $42,000, Ocean Pool Blacklist Stirs Debate, Snowden Critiques Warren
11.12.2023
Bitcoin is currently experiencing a noticeable downturn, trading at $41,875 with a significant decline of approximately 4.50% as of Monday. This market shift coincides with a contentious development in the crypto sphere: the Transaction Blacklist of Ocean Pool, which has sparked widespread debate...
Animoca Brands Japan & Apas Port launch a digital toy platform, ‘Cryptoys’
11.12.2023
Animoca Brands Japan and Apas Port collaborate to introduce Cryptoys. OnChain Studios is the creator of this innovative digital toy platform. All Japanese collectors can expect surreal exposure from this innovative digital toy platform. Crytoys are high-end digital toys that link toys with...