According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials.
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore’s DBS Bank, complying with the Monetary Authority of Singapore’s regulatory framework. USDG is backed 1:1 with the US dollar, with reserves managed by DBS Bank, ensuring stability and trust, making it suitable for both crypto-native businesses and traditional […]
Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold Digital Mining Hosting. Bitfarms will deploy 10,000 miners at Stronghold’s Scrubgrass site. The miners, […]
Michael Saylor unveils key components of his company’s successful Bitcoin strategy
Follow Nikolaus On X Here This is your captain speaking: Due to regulatory uncertainties regarding who will win the U.S. presidential election on Tuesday, Bitcoin’s price has fallen back to $70,000 under further notice — please HODL. Okay now past the cringe, Bitcoin’s price nearly hit an all time high of above $73,770 earlier this […]
November 1, 2024 – Las Vegas, United States Midnight Evergreen Technologies, Inc. dares to reimagine the role of an AA game publisher – with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first-of-its-kind publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span […]
Tron is one of the most prominent cryptocurrencies on the web3 landscape. Its founder, Justin Sun, has a larger-than-life profile and is one of …
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.
Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,’ has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model. This tool offers unique insights into the balance of profitability and losses among […]
In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive $64.35 billion. Meanwhile, profits for […]
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantial […]
Dogecoin has majority of its addresses in profit amid current price rally
Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just […]
TL;DR Bitcoin’s price fell by almost 4%, dropping from $72,500 to just over $69,000, triggering liquidations of more than $250 million in long positions. The Fear and Greed Index reached “extreme greed” levels, which historically indicates market corrections. Approximately 90% of futures positions were bullish, reflecting strong optimism ahead of the US election on November […]
Las Vegas, US, November 1st, 2024, Chainwire Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span […]
BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election. In a new interview on the Unchained YouTube channel, the crypto veteran says he’s interested in trading Ethereum (ETH) rival and smart contract platform Solana (SOL) because he believes it will jump in price […]
Bitcoin flirts with a new all-time high, repeatedly surpassing US$73K, with its sights set on the US$74K mark. Market Analyst Josh Gilbert suggests the absence of peak retail interest could drive Bitcoin’s price higher. Analysts speculate that anticipation of a Donald Trump election victory is influencing Bitcoin’s current upswing. Anthony Scaramucci of SkyBridge Capital views […]
The reality is quite the opposite: cryptocurrency transactions are not only traceable, but often more transparent than traditional financial systems.
The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.
Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls. This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract […]
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million […]
XRP bulls face jaw-dropping 125,127% liquidation imbalance as nearly $1 million in long positions are wiped out amid minor XRP price drop
The government of Florida already owns $800 million worth of crypto-related investments and could soon hold more, according to Jimmy Patronis, the state’s chief financial officer (CFO). Patronis says in a new interview with CNBC that he “would not be shocked” to see that number grow if former President Donald Trump wins the presidential election […]
As the Shiba Inu price heads toward the ambitious ATH target of $0.00008, excitement is building in the crypto market. But while Shiba Inu (SHIB), a meme coin, has captivated investors with its viral popularity, a new altcoin rival is ready to disrupt the space with unparalleled utility and growth potential. The WallitIQ (WLTQ) native […]
Transak has obtained two licenses from Canada and the US to enhance its regulatory compliance. In the US, Transak USA LLC secured its second Money Transmitter License (MTL) from the State of Delaware, following its first MTL from the Alabama Securities Commission acquired one month prior. In Canada, Transak Canada has registered with the Financial […]
TL;DR Tether has seen a surge in usage across EMEA time zones amid growing attention from US regulators. Increased adoption of USDT has been seen in sanctioned countries such as Russia and Iran, facilitating transactions amid banking restrictions. Federal investigations in the US focus on possible sanctions violations and money laundering related to the use […]
TL;DR The IMX token from Immutable drops 12.88% following a possible SEC enforcement action over alleged unregistered securities sales. The firm received a Wells Notice warning of a potential lawsuit related to an IMX token sale in 2021. The company argues that IMX is not a security and criticizes the SEC’s lack of clarity in […]
Uptober concludes with Bitcoin and other cryptocurrencies dropping significantly, countering analyst predictions of a new all-time high. Market decline aligns with decreasing chances of a Donald Trump presidential win, reflecting sentiment from prediction markets. Despite the downturn, market experts remain optimistic about crypto’s future post-election. Recent trading resulted in US$220 million in liquidations, marking a […]
Most crypto executives expect a friendlier regulatory environment following the election, regardless of which candidate wins, according to Reuters. Some pockets of doubt remain around how committed Kamala Harris is to crypto regulatory reform, but most don’t expect a Harris victory to mark the end of the current bull run. It’s also expected that Gary […]
Organizations like Stand with Crypto, a pro-crypto Political Action Committee are signing up "crypto advocates" in critical battleground states. In …
Roman Storm, currently free on bail and facing three federal charges, will have another four months to prepare for his criminal trial.
Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Rise […]