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Circle CEO Jeremy Allaire at Davos Tokenization Panel: ‘It’s Coming on in a Significant Way’
19.1.2024
Jeremy Allaire, CEO of Circle, the stablecoin company, stated that tokenization adoption will keep growing after the spot Bitcoin ETF approval and the endorsement of Blackrock. He believes that financial companies might be issuing tokenized versions of their assets this year and criticized...
EU Provisional Agreement: Crypto Asset Service Providers Added to Obliged Entities List
19.1.2024
As per the provisional agreement struck between the European Union Council and Parliament, crypto asset service providers will be obliged to verify facts and information on users whose transactions exceed $1,090. According to the Belgian Finance Minister, the new requirements will “ensure...
Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries
19.1.2024
Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU countries and more than 70 countries worldwide...
Donald Trump Promises to Block Digital Dollar Creation — Calls CBDC ‘Dangerous Threat to Freedom’
19.1.2024
Former U.S. President Donald Trump has promised to stop the creation of a U.S. central bank digital currency (CBDC) if he is elected president of the United States. He explained that a digital dollar would give the federal government “absolute control over your money,” warning that...
JPMorgan CEO Advises Investors to Stay Away From Bitcoin — ‘My Personal Advice Is Don’t Get Involved’
19.1.2024
Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. “My personal advice is don’t get involved,” he said. “But I don’t want to tell anyone what to do. It’s a free country.” The executive added that...
Peter Schiff Predicts Bitcoin Bloodbath — Expects SEC Chair Gary Gensler to Introduce ‘New Onerous Crypto Regulations’
19.1.2024
Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline” in the price of bitcoin. Schiff expects the new regulations...
Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF
19.1.2024
Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood, has made several trades based around bitcoin...
Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...
Vitalik Buterin Debates Over Blockchain Scaling Terminology
18.1.2024
Amid the rapidly evolving Ethereum ecosystem, Vitalik Buterin has rejoined the debate on the classification of layer-two scaling solutions, putting the spotlight on the security and scalability trade-offs between rollups and validiums. Vitalik Buterin Weighs in on Ethereum Layer-Two Inclusion...
Ethereum’s Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups
18.1.2024
The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain. Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay...
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
18.1.2024
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring...
A Comprehensive Guide to EchoLink: LBank’s Latest Launchpad Project
18.1.2024
PRESS RELEASE. LBank, a prominent global cryptocurrency trading platform, is thrilled to introduce EchoLink, its newest Launchpad initiative. Following the success of three previous Launchpad projects featuring $PINs, $UMM, and $AIMEME, EchoLink is poised to revolutionize the landscape...
Solana Mobile Announces Saga Succesor: Chapter 2
18.1.2024
Solana Mobile, a subsidiary of Solana Labs, has announced the release of a new phone named Chapter 2. The new phone, whose technical specs have not been announced yet, is projected to be a lower-cost alternative to its Saga sibling, priced at $1,000 on its release date. Solana Mobile Opens...
Subzero Temperatures in Texas Impact Bitcoin Hashrate Amidst Energy Strains
18.1.2024
As Texas grapples with unexpected subzero temperatures, the state’s bitcoin mining operations have shut down due to high energy demand. This has freed up much needed electricity capacity in the state, while also leading to a sharp drop in the global Bitcoin hashrate. Bitcoin Mining in Texas...
Blackrock’s Bitcoin ETF Attracts Diverse Investors, Secures 25,067 BTC in Holdings
18.1.2024
In a recent interview, Rachel Aguirre, the head of product for Blackrock’s Ishares U.S., delved into the substantial inflows witnessed by the firm’s new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group...
Polymarket Predicts Trump as 2024 US Election Winner With 48% Chance, Biden and Haley Trail in Predictions
18.1.2024
With the U.S. presidential election just about nine months on the horizon, it appears that American electors are poised to encounter familiar faces from the 2020 race — Joe Biden and Donald Trump. Recent data from the decentralized crypto-based predictions platform Polymarket suggests that Trump...
Argentina’s Milei Blasts Collectivism at Davos: ‘The West Is in Danger’
18.1.2024
Javier Milei, the president of Argentina, blasted what he perceives to be the advance of collectivist ideas in Western society at the World Economic Forum (WEF) 2024 annual meeting at Davos, warning about the dangers these represent for the quality of life in the world. Milei explained that these...
Bitcoin Is Akin to a ‘Liquid Collectible’ Says DOT Activist Giotto De Filippi
18.1.2024
The quality of a meme coin’s distribution is what determines if it has staying power or not, Giotto De Filippi, the co-founder of NFT Juice has said. De Filippi, an activist for Polkadot’s crypto token DOT, suggested that only a few meme coins owe their success to a “very good...
Alchemy Pay Deploys on Bitcoin.com as Global On-Ramp Provider
18.1.2024
PRESS RELEASE. Alchemy Pay has launched its fiat-crypto on-ramp payment services on Bitcoin.com’s web portal. Alchemy Pay’s direct-to-customer plugin, which can be easily integrated and deployed by web3 apps and platforms, supports the purchase of a wide range of cryptocurrencies, including...
Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets
18.1.2024
The Egyptian fintech startup has revealed that it recently raised $4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize...