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Bitcoin Could be in the Later Stages of the Bear Market, On-Chain Data Suggests
1.2.2023
Bitcoin has rallied 40% in the past 30 days, data shows
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
26.1.2023
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators...
Vitalik Buterin supports Solana in the latter’s hour of distress
30.12.2022
Solana has lost several projects to its competitors; however, there appears to be a ray of hope as Vitalik Buterin expresses his support for the blockchain and its ecosystem. Ethereum’s Buterin believes that the network can still get a hold of its operations and get the values back to the list...
Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil
4.10.2022
The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions...
Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
24.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
Biggest Movers: Near, EOS and RUNE Fall During Friday’s Selloff
22.4.2022
NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a...
England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report
6.2.2022
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most...
Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities
23.1.2022
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers. Zimbabwe’s Stance on Crypto The Zimbabwean government recently said it had entered into an agreement with the British...
Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse
21.12.2021
Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates,...
Stellar Rallies On MoneyGram Partnership Announcement
7.10.2021
mpany Ripple’s XRP token for XLM in its operations has triggered a rally in the latter coin’s price. At 10:25 UTC, XLM’s price was up 13% over a 24-hour period, indicating the boost the announcem
Ripple Says it Will Pilot a CBDC for Bhutan
23.9.2021
l="noopener noreferrer" href="https://twitter.com/Ripple/status/1440782839188897794">claimed that it had partnered with the Royal Monetary Authority of Bhutan (RMA), the nation’s central bank, in a deal that would see the latter “use Ripple’s CBDC solution to pilot a digital ngultrum.”The
Hope For Four More S Korean Crypto Exchanges as Others Give up the Ghost
20.9.2021
for permits set to double.In order to apply for operating permits, exchanges must secure real name-authenticated banking services with a domestic bank and information security management system (ISMS) certification. Some 30 platforms have secured the latter, but the former is proving a
South Korea: Four Exchanges Safe but USD 2.6B Closure Storm Brewing
10.9.2021
To do so, they need to fulfill a number of criteria, including securing information security management system (ISMS) certification and real-name authenticated banking contracts for their customers. The latter has proved extremely problematic for most exchanges.The market leader Upbit last
S Korean MP Tells Gov’t: ‘Don’t Let a Crypto Monopoly Emerge’
8.9.2021
country to have submitted its official application to become a licensed trading platform operator after sealing a deal with the neobank K-Bank. The latter has established a
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
8.9.2021
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform...
Hedgeye: This Model Predicts Bitcoin at $1,000,000
22.6.2021
Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument. This framework suggests Bitcoin’s price potentially reaching $1 million by the latter half of 2020s, and as much as...
Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity
23.5.2021
Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards...
Even The Mormon Church Made Money On GameStop
19.5.2021
The Church of Jesus Christ of Latter-Day Saints (known to everyday people as the Mormons) made bank off the boom in GameStop stock earlier this year, new SEC filings reveal. The Church saw a gain of over 900% on stock owned through its secretive investment arm, Ensign Peak Advisors.Read more
Federal Reserve Bank President Says Bitcoin Is Clearly a Store of Value
20.4.2021
The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief...
Ripple to Dispose Stake in Moneygram Shortly After Announcing End of a Business Relationship
14.3.2021
Just a few days after announcing the end of its partnership with Moneygram, the fintech firm Ripple Labs is now moving to dispose of its stake in the listed company. In a filing with the U.S. Securities and Exchange Commission (SEC), Ripple says it has entered into an agreement with Jefferies...