While waiting for the SEC lawsuit to come to a conclusion, there has been some interesting news coming out lately about Ripple and XRP. First of all, after mid-September, the market price of XRP rose...
Tag: news
Ethereum’s value fluctuates despite Fidelity news
The value of Ethereum, the second largest crypto in capitalization after Bitcoin, continues to move up and down following recent statements by Fidelity, the well-known US multinational fund management...
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business – Bitcoin News
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurr...
P2E Arcade2Earn Raises $3.2M in Seed Funding Led by Crypto.com Capital
Arcade2Earn has earned $3.2 million in a seed funding round led by Crypto.com Capital. The play-to-earn (P2E) gaming platform – built on the Solana blockchain – also announced that other i...
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization. On Wednesday, noncustodial crypto exchange and decentral...
Bitcoin, DeFi Space See Positive Momentums, NFT Market Declines in Q3
The latest data shows that although cryptocurrencies witnessed a massive market crash experienced in Q2 2022, the digital assets made some relative recovery in Q3 amid the ongoing bearing market condi...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
Voyager Customers Could Get 72% if Bankruptcy Sale Succeeds
Bankrupt crypto lender Voyager may repay customers 72% of their accounts’ value if the company can sell itself to digital-asset exchange FTX US. FTX US was able to secure a two-week-long auction...
Eastern Asia’s Crypto Market Growth Halts, China’s Crypto Transaction Volume Drops by 31% YoY
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving $777.5 billion worth of crypto betw...
Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain
Nubank, a fintech bank based in Brazil, has announced it’s set to launch its own digital token called Nucoin which will be available by the first half of 2023. According to the announcement, Nucoin wi...
Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment – Economics Bitcoin News
The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and pr...
South Africa Classifies Crypto as Financial Assets
The Financial Sector Conduct Authority (FSCA), a financial institutions market conduct regulator in South Africa, announced on Wednesday that the country has declared crypto assets as financial produc...
Renowned Investor Jim Rogers Warns of the Worst Recession in His Lifetime – Economics Bitcoin News
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his life...
Universal Shifts ‘M3GAN’ Up To First Week In 2023
‘M3GAN’ Universal Universal just announced that M3gan, whose first teaser trailer has notched 150 million views globally thus far, is moving its theatrical release date up by exactly one w...
While Everyone Is Trying to Build a Super App Blockbank Has Done It – Press release Bitcoin News
press release PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our...
Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025 – Bitcoin News
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a pr...
US IRS Introduces Broad Category for Digital Assets Ahead of Tax Season
The United States Internal Revenue Service (IRS) is preparing for the forthcoming tax season, especially as it concerns digital assets. According to a draft bill published by the tax regulator, invest...
JPMorgan Hires Former Celsius Network Executive Aaron Iovine As Crypto Regulatory Policy Head
JPMorgan Chase & Co. on Wednesday announced the appointment of former Celsius Network executive Aaron Iovine as its new head of digital assets regulatory policy, a newly created job position as co...
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt – Economics Bitcoin News
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-ye...
Binance Now Ranked as the Second Largest Voting Power in Uniswap DAO
In a move that has become quite worrisome to Hayden Adams, the founder of the Uniswap decentralized exchange, Binance exchange has delegated as much as 13 million UNI tokens to the Uniswap DAO. This t...
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event – Interview Bitcoin News
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of...
Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’ – Security Bitcoin News
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack...
Bitcoin Finally Decoupling from Stocks, But It’s Bad News for Bulls
Alex Dovbnya Bitcoin-stock market decoupling might be happening, and crypto bulls are not happy Bitcoin (BTC), the world’s largest cryptocurrency, keeps flatlining at press time. It is sitting a...
Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners
With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, according to Statista Global Consumer Survey. Per the ...
XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak – Market Updates Bitcoin News
Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound fr...
Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof
As Bitcoin (BTC) continues hovering around the $19K zone, small to mid-sized addresses are scaling the heights, according to Santiment. The market insight provider explained: “Bitcoin’s s...
BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 Move – Bitcoin News
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s s...
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
Three trade groups representing a broad interest in the crypto industry on Wednesday filed a court brief supporting a Grayscale Investments lawsuit against the Securities and Exchange Commission (SEC)...