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Institutional Funds to Ethereum Products Flips Green as Asset Trades Above $2,200
5.12.2023
Source: Pexels The bullish drive of institutional investors in recent weeks can be seen across several market metrics as digital assets soar to levels not recorded in months. Ethereum (ETH) traded sideways for most of the year before soaring above $2,000 following the recent market uptick which...
Cryptocurrency Industry Spends Record $18.96 Million in Federal Lobbying So Far in 2023
5.12.2023
Source: AdobeStock The cryptocurrency industry has spent a staggering $18.96 million in federal lobbying in the first three quarters of 2023. The figure surpasses the $16.1 million spent during the same period in 2022, Reuters reported, citing data from nonprofit research group OpenSecrets. ...
Investors Believe the US Fed Will Pause Rate Hikes + More News
5.12.2023
Morgan Beller. Source: Bloomberg Technology Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Investors Believe the US Fed Will Pause Rate Hikes – Bitfinex Analysts Bear Market Applies...
Coinbase Report: Here’s How Stablecoins Are Revolutionizing the Financial System
5.12.2023
Source: AdobeStock / gguy Coinbase, one of the leading cryptocurrency exchanges based in the United States, has highlighted the importance of stablecoins in facilitating seamless transactions. In a recent blog post, the San Francisco-headquartered exchange noted that many Americans are frustrated...
Swiss Crypto firm Valour to Introduce 20 New Crypto ETPs in 2024
5.12.2023
Source: Pixabay Valour, a subsidiary of DeFi Technologies, has revealed plans to introduce 20 new crypto exchange-traded products (ETPs). Announced Monday, the planned offerings include collaborations with foundations like the recent ICP ETP, thematic baskets, short and long-leverage products....
Digital Asset Exchange DigiFT Secures CMS and RMO License from Singapore Monetary Authority
5.12.2023
Image Source: iStock/MasterLu DigiFT, a decentralized exchange for digital assets, has obtained a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS). The license allows DigiFT to engage in capital markets activities, including dealing in securities and units...
Tether’s Bitcoin Holding Profit Surges to $1.1 Billion as Leading Cryptocurrency Surpasses $42,000
5.12.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin, has witnessed a significant increase in the value of its Bitcoin (BTC) reserves, surpassing $1 billion in profit. According to data accumulated by crypto analyst EmberCN, Tether currently holds 57,576 BTC, equivalent...
Top Crypto Gainers Today on DEXTools – 10000X, BabyGrok, SaFLok
5.12.2023
DEXTools Logo / Source: DEXTools X Account Blue-chip cryptocurrency markets are pumping on Monday led by Bitcoin (BTC), which just surpassed $42,000 for the first time since April 2022, taking its four-day run of gains to move than 10%. A cocktail of bullish catalysts are being cited as supporting...
Crypto Exchange Listing and Delisting Announcements: December 4, 2023
4.12.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
3 Best Scandal Coins to Buy Now
4.12.2023
So-called “scandal” tokens are seeing a massive pump as risk appetite in the broader crypto market amps up as Bitcoin (BTC) hits fresh highs for the year above $42,000. Scandal tokens are cryptocurrencies/tokens associated with failed or defunct crypto projects/firms that were struck down...
Brazil’s Largest Lender Itau Unibanco Brings Bitcoin Trading Service to Clients
4.12.2023
Source: iStock Itaú Unibanco, Brazil’s largest private bank, has entered the crypto space with new trading service, per a Reuters report. The lender would first launch Bitcoin (BTC) and Ether (ETH) trading for clients of its investment platform. The bank’s crypto division head Guto Antunes...
Coinbase, Microstrategy Shares Surge as Bitcoin Resumes Rally
4.12.2023
Image Source: Adobe Shares of public crypto companies listed in the US experienced a surge on Monday as Bitcoin (BTC) surpassed $42,000, reaching a new high for the year. Popular crypto exchange Coinbase saw a 7.3% surge before the market opened. Despite reporting a decline in third-quarter...
Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 + More News
4.12.2023
Source: AdobeStock / fotokitas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 Spanish Police Arrest a Man for Working with...
Mantle Launches Non-Custodial Liquid Staking Protocol on Ethereum
4.12.2023
Source: Adobe Ethereum layer-2 project Mantle has announced the launch of its new liquid-staking protocol, Mantle LSP. In a Monday post on X (formerly Twitter), the proejct said Mantle LSP will allow users to deposit ETH and participate in network staking through validator nodes. ???? Interact with...
China, Japan, and South Korea Explore Collaboration in Big Data, Blockchain, and AI
4.12.2023
Source: iStock/PeopleImages China, Japan, and South Korea are forging ahead with plans to enhance collaboration in advanced technology sectors such as big data, blockchain, and artificial intelligence (AI). During the 10th China-Japan-ROK Foreign Ministers’ Meeting held in Busan, South...
Standard Chartered Zodia Integrates Ripple-Owned Metaco’s Crypto Safekeeping
4.12.2023
Source: Adobe Standard Chartered Bank-backed digital assets custodian Zodia Custody, has integrated Metaco network’s global crypto storage services. The strategic partnership is aimed at offering global sub-custody services for cryptocurrencies. This means that Metaco would store client’s funds...
3 Out of Every 4 Web3 Games Have Met Their Demise: CoinGecko Report
4.12.2023
Source: Adobe Stock / enchanted_fairy Three out of every four Web3 games launched in the past five years have met their demise, presenting a bleak outlook for GameFi industry. In a recent report, CoinGecko analyzed the launch and success rates of 2,817 games between 2018 and 2023. Shockingly...
French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus
4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...
US Space Force Member Proposes Bitcoin’s PoW Systems in Cyberattack Prevention
4.12.2023
Image by Kaleb, Adobe Stock Jason Lowery, a member of the United States Space Force, has proposed the use of proof-of-work (PoW) networks, like Bitcoin (BTC), as a means to protect the country from cyber-inflicted warfare. In a letter addressed to the US Defense Innovation Board, Lowery emphasized...
Digital Ruble Will Spark Russia’s ‘Biggest Monetary Reforms Since the 1990s’
4.12.2023
Source: Larisa/Adobe The launch of the Russian digital ruble will trigger the nation’s “largest monetary reforms since the 1990s,” a media report has claimed. Per ProGorod, Russia’s CBDC project will be the biggest transformative event in the nation’s economic history since the collapse of...