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US Defense Department Urged to Integrate Bitcoin to Maintain Superpower Status
5.12.2023
A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he stressed: “Addressing this could be vital...
Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
4.12.2023
Having created trading pairs on Archax between bitcoin and tokens showing ownership of an abrdn money-market fund, the firms talk for the first time about using this institutional-grade token as collateral elsewhere
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Celestia Price Prediction as Airdrop Token Approaches $10 Level – Is TIA the Next Solana?
3.12.2023
As the crypto community buzzes with anticipation, the Celestia token (TIA) nudges the $10 mark, currently trading at $8.31 amidst a bustling 24-hour trading volume of $387,150,841. Despite a slight downtrend of around 2.50% in the last day, Celestia maintains a robust position, ranked #50...
Breaking: TRON’s Innovation and Bitcoin’s Dominance Challenged by This Crypto Force
3.12.2023
Tron (TRX) has recently captivated the attention of Iranian militant groups, suggesting the broader adoption of TRX. Also, Standard Chartered Bank reasserted its bullish position on Bitcoin (BTC), projecting an even more ambitious height for the flagship digital currency. Meanwhile, BorroeFinance...
Is Ripple (XRP) maintaining its leading position in the market trend?
1.12.2023
Ripple (XRP) is a digital payment protocol facilitating fast and cost-effective cross-border transactions. The XRP ledger (XRPL) manages transactions on a decentralized blockchain, facilitating transactions through the Ripple transaction protocol (RTXP). In contrast to most cryptocurrencies, XRP...
SEC Chair Gary Gensler Remains Tight-Lipped on Future of Spot Bitcoin ETFs
30.11.2023
Source: Pixabay Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter. Speaking at a conference hosted by the Healthy Markets Association on Wednesday, Gensler...
Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms
30.11.2023
Source: Adobe / Ascannio Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) exchange-traded fund (ETF). The move aims to align GBTC’s structure with other...
UK City Minister Asks Regulators to Embrace Some Risk-Taking in Financial Markets
29.11.2023
Source: AdobeStock / Mary The new minister for the City of London has called on regulators to adopt a more accommodating approach towards risk-taking in a bid to revitalize the UK’s stagnating economy. Bim Afolami, who recently assumed his position as part of a ministerial reshuffle...
CZ Resigns as Chairman of Binance US, Signaling Strategic Shift
28.11.2023
On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com....
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...
BingX Rebrands to Forge Better Crypto Traders
23.11.2023
PRESS RELEASE. BingX, a global leading crypto exchange, proudly announces the launch of its transformative rebranding initiative, solidifying its position focusing on trader empowerment. The rebranding reflects BingX’s commitment to inspiring its users and keeping them ahead of the curve...
Will Dogecoin (DOGE) Experience a Surge in 2023? Emerging Crypto Rival Challenges Its Growth Trajectory
23.11.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. TLDR Market analysts anticipate Dogecoin (DOGE) witnessing a price surge of % by the end of 2023. A new meme coin has threatened the position of top meme coins with predictions of 150% price...
Lugano Integrates Polygon Protocol into MyLugano Payment App for Crypto Transactions
23.11.2023
Source: Adobe/LianeM In a significant move towards solidifying its position as Europe’s emerging crypto-capital, Lugano city in the southern Switzerland Ticino region has seamlessly integrated the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano. Polygon...
Bernstein Report: Binance Will Remain the Top Global Crypto Exchange Despite DOJ Settlement
22.11.2023
Source: Adobe Binance, the world’s largest crypto exchange, is expected to maintain its position as the dominant global exchange, even after reaching a settlement with the U.S. Department of Justice (DOJ). According to a research report by broker Bernstein, Binance experienced minor outflows...
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Binance CEO Changpeng “CZ” Zhao Resigns and Pleads Guilty – What’s Going On?
21.11.2023
Changpeng Zhao, the co-founder and CEO of Binance, has pled guilty to violating criminal U.S. anti-money laundering requirements and will forfeit his executive position at the crypto exchange. Expected to appear in Seattle federal court on Tuesday afternoon, Zhao (commonly known as CZ) will...
SEC Sues Kraken: Crypto Exchange Plans to ‘Vigorously Defend’ Its Position in Court
21.11.2023
The U.S. Securities and Exchange Commission (SEC) has sued cryptocurrency exchange Kraken for the second time this year, alleging that the crypto trading platform operates as an unregistered securities exchange, broker, dealer, and clearing agency. Kraken disagreed with the securities...
Bitcoin Price Prediction as BTC Holds Strong Amidst Marketwide Selloff – When Will the Next Leg Up Begin?
20.11.2023
Bitcoin, the cryptocurrency market’s standard-bearer, has demonstrated remarkable tenacity, maintaining a position firmly above the critical $37,000 mark despite a general market downturn. The electoral victory of Javier Milei, a staunch Bitcoin proponent in Argentina, has energized investor...
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...