The head of the Bank for International Settlements (BIS) says the global monetary system is evolving, and work must be done to ensure central banking digital currencies (CBDCs) are ready for mass adoption. In a new speech, Agustín Carstens says it’s the responsibility of central banks to create a strong legal framework for CBDCs that ensures […]
Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.
In a significant development in the cryptocurrency market, the Bone token, part of the Shiba Inu ecosystem, has recorded a 10% increase. This surge is attributed to a step taken to enhance the security within the ecosystem. In the early trading hours of Wednesday, during the Asian market sessions, the value of BONE experienced a […]
Facebook founder and Meta CEO Mark Zuckerberg spoke to Forbes about the transformational power of artificial intelligence (AI) and the metaverse, briefly touching on the potential cage match with Tesla’s Elon Musk. Zuckerberg believes AI will disrupt all aspects of our work and personal lives; in fact, a lot of change has already occurred over […]
The United States Securities and Exchange Commission (SEC) has pushed back announcing a decision on the approval of two spot Ethereum exchange-traded funds (ETF) products. This follows the SEC’s decision, just a day earlier, to delay its verdict on a spot Bitcoin ETF. SEC Delays Ethereum ETF Decision Until Year-End According to two separate filings, […]
Innovation and competition are ongoing in the cryptocurrency industry. Shiba Budz (BUDZ), Bitcoin SV (BSV), and Tron (TRX) are three ventures that have recently attracted interest. Each project attracts investors eager to increase their shares with its distinct qualities and growth prospects. This article will examine the specifics of these initiatives, contrast their advantages and […]
Binance has issued an official statement detailing how users should proceed after its France division’s partnership with Paysafe expired this week. Binance expects a brief interruption to certain services as a result of the end of the collaboration, a decision that has been deemed to be “unilateral.” Paysafe ‘Unilaterally Decided to Stop Processing EUR Deposits’ […]
Cryptocurrency exchange Kraken is positioning itself to compete with players like Robinhood
Crypto.com, a Singapore-based cryptocurrency exchange, has joined forces with payment giant PayPal and blockchain infrastructure firm Paxos to establish itself as the preferred platform for trading in PayPal’s USD-pegged stablecoin (PYUSD). PYUSD Listing: Access for Both Retail and Institutional Users This collaboration underscores Crypto.com’s commitment to providing comprehensive cryptocurrency services to its users. According to […]
The global cryptocurrency market cap has increased by 1.69% to reach $1.6 trillion. Bitcoin (BTC) has reached a one-week high of $26.8K. Binance, …
Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a clear move above $0.062 and $0.0635. DOGE started a fresh decline and retested the $0.0595 level against the US dollar. The price is trading below the $0.062 level and the 100 simple moving […]
A closely followed crypto strategist believes that the decentralized oracle network Chainlink (LINK) is poised for continued rallies. In a new video, analyst Kevin Svenson tells his 70,700 YouTube subscribers that LINK may be on the verge of reversing its multi-year downtrend after moving above a key long-term indicator. “We also have the 500-day SMA […]
A widely followed crypto trader says he has high hopes for one altcoin’s prospects during the next bull market expansion. Starting with Rollbit (RLB), pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the native token of the crypto casino platform is “going to be very good in […]
Taking place in Washington, D.C. today, an important policy event is set to delve into the growing geopolitical implications of Bitcoin as a technology for financial freedom, cross-border payments, and wealth protection. A collaboration between the non-profit Bitcoin Policy Institute and the Cornell Brooks Tech Policy Institute, the talk, entitled “Strategic Competition & Digital Currencies,” […]
The SEC’s controversial Staff Accounting Bulletin 121 has received a steady flow of criticism since its publication in March 2022.
Dogecoin’s price resilience at $0.06 could be silver lining DOGE investors have been waiting for
Following the implementation of the Consumer Duty rules in the United Kingdom, crypto providers in the country are now required to comply with a fresh set of regulations around promotions, the deadline for which is approaching. From 8th October, the coverage of the UK’s Financial Services and Markets Act will be extended to “qualifying crypto […]
Cryptocurrency lobbyists were riding so high in early 2022 that an FTX executive felt comfortable directly emailing Jerome H. Powell, the chair of …
On-chain data shows that Bitcoin long-term holders are making deposits to exchanges currently, something that could be bearish for the price. Bitcoin Exchange Inflow CDD Has Spiked Recently As explained by an analyst in a CryptoQuant Quicktake post, investors have been making deposits to spot exchanges recently. There are two relevant indicators here: the “exchange […]
Tron (TRX) founder Justin Sun says he’ll offer a 5% reward if the hackers who stole nearly $8 million worth of Ethereum (ETH) from his exchange HTX decide to return the crypto. HTX is the newly rebranded name of Huobi, the Seychelles-based trading giant that Sun says he’s an advisor for. It remains unclear whether […]
In recent years, the Asian community has shown immense interest and support for cryptocurrencies. Among the various tokens and ecosystems available, two projects, Shiba Inu (SHIB) and Shiba Budz (BUDZ), have gained significant traction and backing from the Asian investor community. In this article, we will explore the reasons behind the popularity of these tokens […]
A new report shows that today, five out of the six largest Ethereum block builders comply with the United States Office of Foreign Asset Control (OFAC) sanctions. A post on X by Toni Wahrstätter, an Ethereum researcher and data analyst, reveals that over the past few months, there has been a noticeable surge in censorship. […]
Circle, the renowned USDC stablecoin issuer has announced the launch of its EURC stablecoin on the Stellar Network. EURC, a stablecoin pegged to the Euro, has been a subject of considerable interest among crypto enthusiasts and investors alike. Its integration with the Stellar blockchain, known for its speed and efficiency in processing transactions, adds a […]
Binance CEO Changpeng “CZ” Zhao has warned that taking a photo with him doesn’t make someone a close friend or insider at the crypto exchange. “I have probably taken selfies with more than 10,000 people so far,” CZ declares. Binance CEO CZ Advises Against Misinterpreting Selfies In a statement posted on X (formerly Twitter), CZ […]
“Time-series analysis (Stern, 1993, 2000) shows that energy is needed in addition to capital and labor to explain the growth of GDP. But mainstream economics research has tended to downplay the importance of energy in economic growth. The principal models used to explain the growth process (e.g. Aghion and Howitt, 2009) do not include energy […]
The browsing update is limited to Plus and Enterprise subscribers for now but will roll out to all users “soon,” says OpenAI.
Can traders expect bounce back of Bitcoin (BTC) this week?
The North Korean hacker collective the Lazarus Group holds tens of millions of dollars worth of Bitcoin (BTC) and other digital assets, according to the latest on-chain data. Researchers at 21.co, the parent company of 21shares, the world’s largest crypto exchange-traded product (ETP) issuer, have created a new dashboard showing the crypto holdings of the […]
The tension between the US House Financial Services Committee and the Securities and Exchange Commission (SEC) escalated today (Wednesday) after the Chair of the committee, Representative Patrick McHenry, suggested that he may use a subpoena against the commission to acquire critical documents about former FTX CEO Sam Bankman-Fried. SEC Accused of “Lack of Responsiveness” McHenry […]
Brazil's central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject …
The Bitcoin price has been trading sideways for a while now but this will not always be the case. While there is a chance that the price could end up swinging downward and crashing, a crypto analyst has predicted that a surge in the cryptocurrency’s price is on the horizon. Bitcoin Price Breakout Is Coming […]
Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase. This month, Ethereum continued to show signs of weakness after rejecting the $2,029 level […]