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World Banking Giants Join Project Agora to Reengineer Cross Border Payments
18.9.2024
Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border...
HEX founder Richard Heart suspected of tax evasion in Finland
18.9.2024
Richard Schueler, aka Richard Heart, is already at the center of an SEC suit. Now he has issues in Finland, his chosen country of residence
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
18.9.2024
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns...
Arthur Hayes: Short-Term Plunge in Crypto After Rate Cuts
18.9.2024
Speaking at Token2049 in Singapore, BitMEX co-founder Arthur Hayes painted a sobering picture of the potential aftermath of…
Revolut Announces Plans to Launch Stablecoin Amid Crypto Expansion
18.9.2024
The $33 Billion Dollar fintech giant Revolut has announced plans to launch its own stablecoin. This move aims…
Bitcoin ETFs Boosted by $186.76M; Grayscale’s Ether Fund Struggles
18.9.2024
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw yet another round of outflows. The primary source of the ether losses? Grayscale’s ETHE, which has experienced a $2.75 billion outflow since July 23. Bitcoin ETFs Shine...
Ex-Coinbase, Goldman Sachs Exec Launches New Crypto Exchange on PayPal Stablecoin
18.9.2024
TrueX, a new cryptocurrency exchange, has been launched that will focus on stablecoin-based trading and settlement. This launch…
Baby Doge Coin’s Bull Run: Can BabyDoge Overtake Top Meme Coins?
18.9.2024
As the altcoin market heats up with the higher chances of potential rate cuts coming in the recent…
Spot Bitcoin ETFs See 4th Consecutive Inflow on September 17, 2024, ET
18.9.2024
The net inflow for Spot Bitcoin ETFs was $186.6 million on September 17, 2024, Eastern Time. This comes…
Will Bitgert Hit New Highs? A Closer Look at Its Potential
18.9.2024
The crypto market is often synced with Bitcoin price movements. While Bitcoin depends on many external and internal…
BTC and ETH Tease a New High
18.9.2024
The global crypto market cap has increased by 3.24%, hovering around $2.09 trillion with an FGI of 38…
Arthur Hayes predicts short-term market crash on rate cuts: Token2049
18.9.2024
BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market
Arthur Hayes predicts short-term market crash on rate cuts: Token2049
18.9.2024
BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market
Fiat Currencies Will Be Irrelevant Within a Decade
18.9.2024
Following on from my April article titled “Democracy Fails Without Cryptocurrency,” I believe that we will see a complete collapse of traditional fiat currencies within the next ten years. These government-issued and controlled monies will be replaced by decentralized and permissionless currencies....
Circle Partners With Sony to Introduce USDC on Soneium
18.9.2024
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent...
Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences
18.9.2024
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting...
SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first...
Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt
18.9.2024
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades...
BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy
17.9.2024
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained...
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
17.9.2024
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half...