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Nalezeno "Q2 2023": 15536

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan

19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said

Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future

19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg

19.5.2023
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets

XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor

19.5.2023
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network

Litecoin Is Undervalued, Onchain Indicator Suggests

19.5.2023
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score

Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX

19.5.2023
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface

NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts

19.5.2023
DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining

Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements

19.5.2023
The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also...

Digital Ruble Law Likely to Be Passed in June According to Russian Official

19.5.2023
The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the enactment of this ruleset to conduct a live test...

Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider

19.5.2023
Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment service provider’s decision to discontinue support for the crypto exchange. Binance Australia said while it works to find an alternative, users...

Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay

19.5.2023
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking...

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds

19.5.2023
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said

Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push

19.5.2023
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path of a free economy where currencies are not used...

What Are the Stakes in the SEC vs. Ripple?

19.5.2023

Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

19.5.2023
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old Continent is likely to grow further, the regulator expects. Housing...

Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume

18.5.2023
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week, although it has dipped more than 4% within...