[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to […]

When can traders expect high volatility of XRP?

Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targeted FTX Europe due to its profitable derivatives operations under the Cyprus regulatory […]

An anonymous reader writes: Chase UK, JPMorgan's UK Bank, has told its customers that it will not carry out transactions related to crypto assets.

Cardano (ADA) finds itself at a pivotal juncture as it tests its longstanding support at $0.24. This critical level has held firm for nearly three years, emerging as a significant accumulation point for savvy investors.  The recent daily candle hints at a somewhat neutral stance in the market. This slight uptick in price suggests a […]

Alliance Bernstein (AB), a prominent $646 billion asset manager, has predicted that the Bitcoin and crypto fund management industry is poised for remarkable growth, potentially reaching a staggering $650 billion within the next five years.  This forecast comes on the heels of recent developments that have bolstered the outlook for institutional adoption of Bitcoin by […]

After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well.

The Federal Reserve has published a paper exploring the benefits and use cases of tokenizing real-world assets (RWA) on blockchains. In a paper titled “Tokenization: Overview and Financial Stability Implications,” Fed researchers say RWAs such as stocks, bonds, real estate and commodities are already being tokenized. According to the paper, asset tokenization harnesses the power […]

A closely followed crypto strategist thinks that the leading smart contract protocol Ethereum (ETH) is positioning for a year-end surge. Pseudonymous analyst Inmortal tells his 199,000 followers on the social media platform X that Ethereum will likely see significantly higher prices before 2023 expires. In the coming weeks, however, the analyst says that ETH could […]

Paul Grewal, Coinbase’s CLO has expressed his dissatisfaction with the U.S. Securities and Exchange Commission (SEC) for opposing their collaboration with Celsius, a defunct cryptocurrency lending platform.  Coinbase is proud to engage with Celsius to distribute crypto back to its customers. I wonder, why would the SEC object to a trusted US public company taking […]

During his criminal trial slated to start next week, FTX founder and former CEO Sam Bankman-Fried won’t be able to tell the jury about his charitable works or the time he spent behind bars since his bail was revoked, according to a judge’s order on Tuesday. Addressing a series of motions from federal prosecutors and […]

The United States Securities and Exchange Commission (SEC) has declared a delay of its decision to approve Ark 21 Shares spot Bitcoin exchange-traded fund (ETF) until the new year, extending to the maximum deadline. Ark Invest and 21 Shares joined forces to apply for the Ark 21Shares Bitcoin ETF, persistently advocating for its approval for […]

The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed […]

Shiba Inu, XRP, Bitcoin, Ethereum can now be used by HSBC customers to pay bills

In simple terms, cryptocurrency is a form of digital or virtual currency that uses blockchain technology for secure financial transactions. Unlike …

Maker DAO’s MKR has recorded a big push amid the slight uptick in the broader cryptocurrency market. Yesterday, September 25, the token rose from a low of $1,265 to a high of $1,343.  Although most tokens struggle to recover, MKR consolidated on its upswing with an impressive 5% 24-hour increase. MKR trades at $1335, striding […]

In a recent analysis conducted by ChatGPT, three tokens have emerged as the top picks for 2023: Dogecoin (DOGE), Polygon (MATIC), and Shiba Budz (BUDZ). These tokens have gained significant attention from investors and are poised for success in the coming year. Let’s delve into the driving force behind these tokens and explore why they […]

As the world of cryptocurrency continues to expand, Bitcoin remains the most well-known and extensively used digital currency. It has established itself as a valuable store of value and a potential inflation hedge. However, many fans and investors are wondering whether Bitcoin can transition from being solely a store of wealth to a mainstream form […]

AnchorWatch, a leading insurer specializing in safeguarding Bitcoin holdings for commercial entities, announced a successful $3 million funding round today. The round was led by Ten31, with notable participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, Bitcoin Opportunity Fund, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs, […]

An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.

The CEO of crypto exchange BitGo, Mike Belshe, is offering his opinion on why a spot Bitcoin (BTC) exchange-traded fund (ETF) has yet to be approved by the U.S. Securities and Exchange Commission (SEC). In a new interview on Kitco News, Belshe says politics are playing a major role as to why there’s no spot-based […]

Crypto asset management firm, Bitwise, has recently submitted an extensive report to the United States Securities and Exchange Commission (SEC) regarding the academic research surrounding the Bitcoin (BTC) futures market.  This move comes as part of Bitwise’s efforts to amend its existing application for a Bitcoin Exchange-Traded Fund (ETF) through NYSE Arca. The Bitwise Position […]

In a recent move, HSBC has started accepting crypto payments for settling mortgage bills and loans. The bank will be accepting Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and some meme coins. Moreover, HSBC will join forces with a blockchain-based payments processor, FCF Pay to allow the feature through a recently launched system made by FCF […]

Cryptocurrency exchange Binance has resumed services in Belgium after a suspension of approximately three months due to regulatory action. “Various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use,” a recent statement noted. Binance Belgium Introduces Updated Terms and Conditions According to a recent statement, Binance […]

Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days.  Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 thriving, […]

Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the […]

Federal Reserve’s latest paper on tokenization could be game-changer

Cryptocurrency company Maxine said in a message on X yesterday that hackers hacked into its network and stole $200 million worth of cryptocurrency …

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

The native token of Curve Finance (CRV) shot up in value on Sunday as the asset witnessed a spike in whale accumulation. Curve is a decentralized finance (DeFi) platform that offers stablecoin trading with a native token, CRV, that jumped from trading around $0.475 earlier on Sunday to a high of nearly $0.539 later in […]

Top US crypto exchange Coinbase holds almost $25 billion worth of Bitcoin (BTC) in reserves, according to blockchain intelligence firm Arkham. Arkham says those holdings make the exchange the largest Bitcoin entity it has tabulated. According to Arkham, Coinbase holds nearly 5% of the BTC in existence, roughly the same amount as Satoshi Nakamoto, the […]

Binance has reopened its services in Belgium by resuming its registration for the residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday). “We are delighted to announce that as of today, new registrations of Belgian residents are welcome on our platform once again,” Binance’s Belgian official X (previously Twitter) […]