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JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead
20.9.2024
JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter...
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
20.9.2024
Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express
SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
20.9.2024
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians...
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
19.9.2024
Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound?
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
19.9.2024
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem...
Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month
19.9.2024
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam
19.9.2024
Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin...
Harvard students launch 'New Bretton Woods Project' to fix debt crisis
19.9.2024
According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation
Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market
19.9.2024
This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin...
Bitcoin options markets reduce risk hedges — Are new range highs in sight?
19.9.2024
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level.
Blockchain Industry Players Launch MiCA Crypto Alliance in the EU
19.9.2024
The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA)...
Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week
19.9.2024
According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.
Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days
19.9.2024
On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000...
860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner
19.9.2024
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8...
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
19.9.2024
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which...
‘Cheating Is Bad:’ Hamster Kombat Enforces Anti-Cheating Mechanism Before Airdrop
19.9.2024
Hamster Kombat, one of the hottest clicker games on Telegram, introduced an undefined anti-cheating mechanism that penalizes users who try to game its reward system. The team highlighted the relevance of “doing everything right,” protecting members and players who have not used these...
Crypto Prices Rise After Fed Interest Rate Cut, Market Sees New Optimism as Meme Coins like Memebet and ICOs Benefit
19.9.2024
The crypto market has flipped bullish this week. Investors are bullish about yesterday’s interest rate cuts and the chance of a new bull run, so altcoins and meme tokens are in high demand. Crypto Market Flips Green After Fed Rate Decision Things are finally looking up for crypto traders....
Crypto for Advisors: Are Advisors Investing in Crypto?
19.9.2024
Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption - particularly by closing the gap between advisors and their clients?
Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing
19.9.2024
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as...