Search
BNY Mellon Starts Crypto Custody Service
11.10.2022
The custodial lender earlier fall received approval from the NYDFS to begin holding bitcoin and ether for certain customers, reports the WSJ
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
11.10.2022
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that...
Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report
10.10.2022
Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage
10.10.2022
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data
10.10.2022
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum...
UAE Web3 ecosystem houses almost 1.5K active organizations: Report
10.10.2022
A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’
9.10.2022
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday
8.10.2022
Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting...
New Study Says BTC Outperformed Both S&P 500 and Nasdaq in September
8.10.2022
Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the worst performer after the long-awaited Merge proved to be a ‘buy the rumour, sell...
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’
8.10.2022
According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar...
Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’
7.10.2022
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold....
What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
7.10.2022
The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
7.10.2022
The report’s findings may affect the court’s decisions about custodial accounts and preference claims
Crypto.com downsizes some sports partnership deals amid market downturn: Report
7.10.2022
The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals
Report: Even Facebook Isn't Using Its Own Metaverse, Begs Employees To Spend Time In It
7.10.2022
According to a report by The Verge, Meta’s Horizon Worlds metaverse app is so dreadful, even the people making it don’t want to use it. So if you woke up this morning wondering, “I wonder if anyone’s figured out what the metaverse is for?” you can rest assured, it’s still nope.Read more
$4M in Crypto Sent to Pro-Russia Militias in Ukraine: Report
7.10.2022
Cryptocurrency worth at least $4 million and counting has been sent to groups supporting Russia's military in Ukraine, according to a Wired report. The analyses involved separate findings from cryptocurrency-tracing firms Chainalysis, Elliptic, and TRM Labs, along with investigators at Binance,...
Biggest Movers: DOGE, SHIB Slide Following Better-Than-Expected Payrolls Report
7.10.2022
Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin...
What the Black Plague Can Teach Us About Today's Jobs Report
7.10.2022
History clearly demonstrates what mass death does for the workers who survive
Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process, Solana Reveals a Bug
7.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process...