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Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou
2.11.2022
China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province....
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Record hash rates may see Big Oil become a major BTC mining player
2.11.2022
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates as Markets Prepare for 0.75% Rate Hike
1.11.2022
Bitcoin was consolidating below a key resistance level on Tuesday, as market volatility rose ahead of the upcoming U.S. Fed decision. Tomorrow’s Federal Reserve meeting will likely see interest rates increased, as the bank battles inflation. Ethereum moved below $1,600 in today’s...
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
28.10.2022
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin...
Majority of Voters Want More Crypto Regulation — See Digital Assets as Long-Term Part of Economy, Survey Shows
28.10.2022
A new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” said the Crypto Council for Innovation. Voters Want More...
Binance Launches Native Oracle Network, Starting With BNB Chain
26.10.2022
BNB Chain will be the first blockchain to use Binance Oracle to connect smart contracts with off-chain data
Crypto Markets See Largest Short Liquidations in 15 Months; Ether Leads Token Surge
26.10.2022
Crypto exchange FTX saw some $500 million in liquidations alone, a larger-than-usual figure
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Smart Money Eyes Market-Neutral Trades as ADA, AXS See Unusually Low Funding Rates
21.10.2022
Traders can purchase ADA perpetual contracts and simultaneously sell ADA tokens in the spot market to safely pocket the funding rate, one expert said
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
Digital Asset Investments See $12 Million Inflows as Total Assets Under Management Reaches $25 Billion
18.10.2022
Inflows into digital asset investment products reached $12m last week, marking a strong improvement from the net outflows recorded the week before. Total assets under management (AuM) in crypto investment funds has now reached $25bn....
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Post-midterm elections dump? Bitcoin will see $12K if this 2018 BTC chart fractal is correct
17.10.2022
Bitcoin accumulation during the 2022 bear market looks stronger than in 2018 but macro headwinds could spoil the party this time around
Bank of America’s Survey of Wealthy Americans: Younger People Are 7.5 Times More Likely to Hold Crypto in Their Portfolios
16.10.2022
Bank of America has found that younger wealthy Americans are 7.5 times more likely to hold crypto in their portfolios than investors aged 43 and older. “If the youngest cohort isn’t confident in stocks, where do they see opportunities for investment growth? Alternatives, including...
Strategist at Southeast Asia’s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price
15.10.2022
An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t inform you a lot about what benefits it actually brings,”...
Bitcoin Unlikely to See Notable Recovery After Thursday's Short Squeeze: Traders
14.10.2022
Treasury yields remain elevated after the U.S. CPI, offering a reality check to risk assets, including cryptocurrencies
No Man’s Sky 'Perfect Planet' Porn: 20 Must-See Worlds That You Can Actually Visit
13.10.2022
One of the great joys of No Man’s Sky is discovering mind-blowing sci-fi Kodak moments. The game has evolved wildly since its release, but the ability to roam and discover the wonders of this procedurally generated universe has remained constant as one of its many charms.Read more
UK Passes Bill That Could See Trade Documents Stored Using Blockchain
13.10.2022
The UK government has passed a bill that could see it adopt blockchain technology as a solution to store documents
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
13.10.2022
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term
A Rare Opportunity To See The Huge Money Spent To Keep Game Pass, PS Plus Bursting With Games
11.10.2022
Video games are a nearly $200 billion industry. That’s a lot of money sloshing around an increasingly small group of notoriously secretive companies. Where does it all go? At least some of it is poured back into competing storefronts and subscription services like PlayStation Plus and Game Pass....