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Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution
17.10.2023
More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains.
Per Xinhua (via the People’s Daily), the Agricultural Bank of China will work on a solution with Luzhou Laojiao.
The latter is a traditional alcohol...
Bitcoin Cash Pushes Higher As It Benefits From Successor Of Its Predecessor Bitcoin
17.10.2023
Bitcoin cash prices rose sharply recently, climbing higher as the digital currency's predecessor rallied following a false statement claiming that the U.S. Securities and Exchange Commission (SEC) had approved a spot bitcoin exchange-traded fund (ETF).
The altcoin, which was created in 2017 as...
Pennsylvania House Representative to Remove Crypto Mining Ban from Energy Regulation Bill
17.10.2023
A Pennsylvania House Representative has decided to eliminate a proposed two-year ban on crypto mining from a bill aimed at regulating the sector's energy consumption.
In a Monday filing, the Pennsylvania House Environmental Resources and Energy Committee approved the Cryptocurrency Energy...
Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism
16.10.2023
Solana (SOL) is the best-performing cryptocurrency in the top 20 by market capitalization in the past 24 hours, as per CoinGecko, with the SOL price having pumped a massive near 10% on the day....
Read More: Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking...
Biggest Crypto Gainers Today on DEXTools – MINEP, TIP, JOE
16.10.2023
Fake rumors that the SEC had approved a spot Bitcoin ETF that surfaced earlier on Monday triggered a short-lived pump in the crypto market, with Bitcoin (BTC) briefly reaching as high as $30,000.
As it became obvious that the reports were fake news, the entire almost entirely reversed, although...
Crypto Exchange Listing and Delisting Announcements: October 16, 2023
16.10.2023
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....
FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report
16.10.2023
The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets.
The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block.
One...
Crypto Projects Turn to Asia for Growth Opportunities Amid Regulatory Scrutiny in the U.S.
16.10.2023
Crypto projects and investors are turning to Asia in search of growth opportunities amid increasing regulatory scrutiny in the United States.
Over the past year, there has been a notable increase in the expansion of U.S.-based crypto projects into the Asia-Pacific (APAC) region, driven...
Today in Crypto: Jack Dorsey's Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech
16.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Jack Dorsey's Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY...
SEC Compliance News Sends BOND Token Soaring – Here's What Happened
16.10.2023
Tokenization protocol BarnBridge’s BOND token surged in price over the weekend after the project announced its intention to comply with unspecified demands from the U.S. Securities and Exchange Commission (SEC).
According to BarnBridge’s legal counsel, the project has been under investigation...
Shiba Inu Price Prediction as SHIB Bounces 4% From Recent Bottom – Is The Sell-Off Over?
16.10.2023
The price of Shiba Inu (SHIB) has risen by 1.5% in the past 24 hours, with the meme token's jump to $0.00000712 marking a 4% increase from its seven-day low.
SHIB is now up by 2.5% in the past week, although the altcoin remains down by 4.5% in a month and by 12% since the beginning of the year,...
Trezor Wallets New Products Aim to Streamline Crypto for Beginners
16.10.2023
Major crypto hardware wallet company Trezor has launched two new products, as well as a limited-edition Bitcoin wallet to celebrate its 10th anniversary - the latter of which sold out in a day.
The company launched its new Trezor Safe hardware wallet and the physical seed phrase store Trezor Keep...
XRP Price Prediction as Price Sees 1.19% Increase in 24 Hours: Time to Buy or Just a Fluke?
16.10.2023
The XRP price has risen by 1.2% in the past 24 hours, climbing back to $0.494007 on a day when the wider cryptocurrency market has also recovered a little from last week's damage.
XRP remains down by 1% in a week and by 5.5% in the past fortnight, with the altcoin holding onto a 45% gain since...
Ethereum Price Prediction as Recovery May Emerge From $1,500 – Is the Bearish Trend Reversing?
16.10.2023
The Ethereum price has risen by 1.5% in the past 24 hours, with its move to $1,579 coming as the cryptocurrency market as a whole recovers by nearly 2% today.
Despite today's rise, ETH remains down by 2% in the past week and by 9% in the past fortnight, although the altcoin has risen by 32% since...
Binance Completes 25th Quarterly BNB Burn, Removing $453 Million in Value
16.10.2023
One of the world's largest cryptocurrency exchanges, Binance, has successfully completed its 25th quarterly BNB token burn, reducing the supply of its native cryptocurrency, Binance Coin (BNB).
In this latest burn, a total of 2,139,182 BNB tokens were removed from circulation, translating to...
Russian Business Titan Sber to Join Digital Ruble Pilot
16.10.2023
Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.
Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that will...
Australia's Government Calls for Digital Asset Platforms to Abide by Existing Financial Regulations
16.10.2023
The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds.
The proposal, released on Monday, suggests subjecting digital asset platforms to the same laws that govern other...
Apple Unexpectedly Pulls MetaMask Wallet from App Store – What’s Going On?
15.10.2023
Popular Ethereum wallet MetaMask was briefly removed from Apple's App Store on Saturday before being restored.
"FYI: We're aware that MetaMask isn't currently available for download on the App Store," the team said in a post on X (formerly Twitter). "This is and not related to anything malicious...
Ferrari Greenlights Crypto Payments for Supercars – Adoption on the Rise?
15.10.2023
Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response to customer requests.
The decision comes after electric carmaker Tesla briefly accepted Bitcoin...
Hamas' Cryptocurrency Ties May Add Momentum to Senator Warren's Anti-Crypto Bill
14.10.2023
The revelation that the recent attack in southern Israel, which allegedly resulted in the deaths of 1,200 Israelis, was partially funded with cryptocurrency has added fuel to the efforts led by Senator Elizabeth Warren and others to advocate for crypto legislation....
Read More: Hamas'...