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Coinbase CEO Says an Anti-Crypto Stance is a Bad Political Strategy Ahead of 2024
20.12.2023
Source: a video screenshot Coinbase CEO Brian Armstrong has said that an anti-crypto stance will be a bad political strategy for the 2024 elections giving reasons why millions of young people are backing digital assets. In a Dec 19 post on X ( formerly Twitter), the Coinbase Chief Executive listed...
Galaxy Digital CEO outlines his expectations for the Bitcoin ETF
20.12.2023
Bitcoiners, or members of the Bitcoin community, have been looking to get a legitimate stand for their tokens for a long time. Expectations have circled to January 2024, a month when the SEC could potentially approve all the applications for Spot Bitcoin ETF. That will give a formal investment...
10101.Art’s Exclusive Banksy ‘Turf War’ Pre-Sale Marks Milestone in Art Tokenization
20.12.2023
PRESS RELEASE. In a groundbreaking development within the art and crypto markets, 10101.art has achieved a remarkable milestone with the successful pre-sale of Banksy’s ‘Turf War’. This event, selling out 300 pieces in a mere two hours, has created a buzz in the crypto community...
Hashkey Capital Singapore Secures Full Capital Markets Services License From Singapore
20.12.2023
Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and contribute significantly to the burgeoning...
Marathon Digital Holdings acquires two Bitcoin mines for $179M
20.12.2023
Marathon Digital Holdings recently signed a definitive purchase agreement with Generate Capital’s subsidiaries. The agreement will allow Marathon Digital Holdings to acquire two operating Bitcoin mining sites. Based on the terms, Marathon will pay 178.6 million dollars for sites totaling...
Building a Post-Hype NFT Platform: An Interview with Galaxis Co-Founder Andras Kristof
20.12.2023
The rapidly evolving landscape of blockchain and cryptocurrency has long been taking over the art world. Once only available to a few, the disruption of the NFT industry through blockchain has made art, or ‘digital art’ accessible to everyone, far beyond the VIPs and the exclusives of...
Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10
20.12.2023
Source: DALL·E Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a recent interview with CNBC, Novogratz elaborated on...
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
20.12.2023
On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...
Bitcoin Price Prediction as BTC Rises 5.30% to $43,000 – Can It Sustain This Growth?
20.12.2023
In the dynamic world of digital currencies, Bitcoin (BTC) has once again made headlines with a remarkable surge, surpassing the $43,000 threshold. This leap contributes to a significant uptick in the global crypto market cap, which now stands at an impressive $1.61 trillion, marking a 3.82%...
Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets
20.12.2023
Source: Sean K/Adobe Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60. Per Beijing Business Today (via Sohu), the latest batch of commercial banks to join the pilot include three big city-based banks and six rural banks. City-based...
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
19.12.2023
As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024...
UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox
19.12.2023
Source: Pixabay The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act. In a memo published on Monday, the UK Treasury explained that the purpose of these regulations is to establish a regulated setting, enabling both...
Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary
19.12.2023
FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to handling the complex legal challenges stemming from...
Crypto Tax Software CoinTracking Launches Services in the UK to Demystify Tax Code
19.12.2023
Source: Adobe/amirul syaidi Digital asset tax solution, CoinTracking has launched its services in the UK providing investors multiple opportunities for tax calculations, and payments as well as keeping tabs on compliance requirements. A Dec 19 press release shows the roadmap of the firm’s...
Indonesia Presidential Candidate Pledges to Foster Blockchain and Crypto Expertise in the Country
19.12.2023
Image Source: Pixabay Gibran Rakabuming Raka, a vice presidential candidate in the upcoming Indonesian election, aims to accelerate Indonesia’s position as a leader in the digital revolution by cultivating expertise in blockchain and cryptocurrencies. Gibran, the eldest son of President Joko...
Breaking: Global Settlement Reached in FTX Digital Markets Liquidation
19.12.2023
FTX struck a global settlement between its US and Bahamas bankruptcy proceedings in an attempt to jointly maximize creditor payouts. Image by Александр Поташев, Adobe Stock. The ongoing saga following the dramatic collapse of Sam Bankman-Fried‘s bankrupt cryptocurrency exchange FTX took...
Bitcoin Miner Marathon Digital to Buy New Mining Sites for $179M
19.12.2023
Marathon said the acquisitions will reduce the cost per coin mined by around 30%
Elastos Unveils New Bitcoin Layer-2 Network to Enable Bitcoin Staking
19.12.2023
Source: Pixabay Public blockchain project Elasto has unveiled BeL2, a ‘Bitcoin roll-up’ introducing Bitcoin staking and other comprehensive Layer 2 solutions. BeL2’s Rollup introduces the implementation of smart contracts, enabling irreversible digital agreements between parties...
Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal
19.12.2023
Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX. The transaction has significantly increased Galaxy’s...
Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
19.12.2023
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely undermine the monetary independence of countries like...