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Ubisoft Partners With Double Jump.Tokyo to Implement Web3 in Its Games
9.7.2024
Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to accelerate the implementation of Web3 elements in their games. As a first step, Double Jump.Tokyo will issue NFTs for Champion Tactics, a game still in development, on...
Bitfarms Leadership Change: Ben Gagnon Named CEO
9.7.2024
Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the past five years, the company said. Chairman Nicolas...
France and Hong Kong Collaborate to Advance Global Tokenization Market With CBDC Initiatives
9.7.2024
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s Eurosystem exploratory work. The institutions signed...
Gold Could Surge to $40,000 per Ounce, Strategist Says
9.7.2024
Egon von Greyerz, founder of Matterhorn Asset Management and Gold Switzerland, has shared his insights, indicating potential for substantial increases in gold prices based on historical trends and current economic conditions. He explained that gold could reach up to $16,000 per ounce if it returns...
Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023
9.7.2024
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their...
Bitcoin’s sell-off could put ETF shares on the discount rack
9.7.2024
Bitcoin's latest dramatic sell-off could present a rare opportunity for buyers to scoop up Bitcoin ETF shares at bargain prices
German Government Liquidates $741M in Bitcoin Holdings
8.7.2024
Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686 BTC after divesting an additional 11,935 BTC....
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
8.7.2024
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings
Nigerian Witness Says Binance Users Operate Under False Identities
8.7.2024
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance...
Bitcoin bulls refuse to flip bearish despite the $53,300 retest
8.7.2024
BTC derivatives continue to show moderate bullishness, creating a positive outlook for reclaiming $60,000 soon
Core Scientific trades debt for equity, reduces $260M debt load
8.7.2024
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029
2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto
8.7.2024
The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party...
Why is Cardano (ADA) price up today?
8.7.2024
Steady network growth and Charles Hoskinson’s network update are boosting Cardano’s prices at the start of this week
TRON DAO Announces HackaTRON Season 6 Winners and Season 7 Preview
8.7.2024
PRESS RELEASE. Geneva, Switzerland, July 8, 2024 – TRON DAO proudly announces the distinguished teams from HackaTRON Season 6, co-hosted by HTX DAO, BTTC, and JustLend DAO. With over a thousand participants building innovative projects in the TRON ecosystem, the season concluded with great...
Phaver’s Japan Lead Ace Shares Insights on Navigating the Japanese Web3 Market
8.7.2024
This week, I had the opportunity to speak with Ace, the Japan lead for Phaver, a rapidly growing Web3 social platform. During our conversation, Ace shared insights into his journey into crypto, Phaver’s strategic focus on the Japanese market, the unique characteristics of Japanese crypto...
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
8.7.2024
The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor
Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
8.7.2024
Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term
Metaplanet Announces Bitcoin Purchases Totaling Nearly $2.5 Million
8.7.2024
Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic reserve asset to navigate the uncertainties of the Japanese economy and the devaluation of the...
Longest Yield Curve Inversion in US History Continues Past 2-Year Mark
8.7.2024
The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in U.S. history at over two years, surpassing the previous record of 624 days set in 1978. An inverted yield curve occurs when short-term bonds yield more than their...
Grayscale’s Ethereum Trust Returns to Discount as Spot Ether ETF Listings Loom
8.7.2024
Based on recent data, Grayscale’s Ethereum Trust (ETHE) has returned to trading at a discount to its net asset value (NAV) after experiencing a premium briefly on July 3. Grayscale Ethereum Trust: From Premium to Discount in 2 Days The Grayscale fund known as the Ethereum Trust (ETHE)...