KuCoin, a global crypto exchange headquartered in Seychelles, on Friday announced that it has launched an exchange-traded fund (ETF) associated with major nonfungible token (NFT) assets like Bored Ape...
Tag: news
BTC, ETH Consolidate to Start the Weekend – Market Updates Bitcoin News
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as o...
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say – Regulation Bitcoin News
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect invest...
MaskEX Global Held the Futurization of Urban Lifestyle Summit in Dubai, UAE – Press release Bitcoin News
press release PRESS RELEASE. The Futurization of Urban Lifestyle Summit was held in Dubai at the Jumeirah Emirates Tower on July 29, 2022. MaskEX Global — A well-known worldwide exchange, was the even...
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators – Economics Bitcoin News
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association ...
Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio – Exchanges Bitcoin News
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio wi...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days – Africa Bitcoin News
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25....
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid SEC Lawsuit Over XRP – Regulation Bitcoin News
Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory ...
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work direc...
US Lawmaker Demands Answers From Apple and Google on Measures Against Fake Crypto Apps – Featured Bitcoin News
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play sto...
Why Is Alchemy Pay (ACH) On The Rise? – Press release Bitcoin News
press release PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’...
Bad News Gives Intel a Black Eye, But It’s No K.O.
We wrote a story on Intel (INTC) on June 8 with a headline of ” Intel is Putting Its Negative News Behind It,” and concluded that, “I learned early in my career to pay attention whe...
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks – Finance Bitcoin News
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their stu...
What Intel’s Disastrous Earnings Tell Us About the Chip Sector and Competitors
What a disaster. We’re talking about Intel (INTC) June-quarter results. The company not only delivered a disappointing quarter but reset its 2022 guidance meaningfully lower, putting its shares ...
Chainalysis Report Says $2.2 Million in Crypto Has Been Sent to Pro-Russian Groups in Ukraine – Bitcoin News
According to a report stemming from the blockchain intelligence company Chainalysis, the firm identified 54 pro-Russian groups that have “collectively received over $2.2 million worth of cryptocurrenc...
Cardano’s Most Anticipated Vasil Hardfork Delayed Again Without a Release Date – Coinpedia – Fintech & Cryptocurreny News Media
The most awaited Cardano hard fork, Vasil, appears to be having more difficulties yet. Kevin Hammond, IOG’s Technical Manager, suggested during the most recent Cardano 360 event that there might be a ...
Defi Cross-chain Interoperability Protocol Nomad Raises $22.4m from Crypto Leaders
Defi cross-chain interoperability protocol Nomad has secured a $22.4 million seed round from the crypto industry leader. Crypto investment firm Polychain led the round. Crypto.com Capital, Wintermute,...
Santander to Offer Cryptocurrency Services in Brazil in the Coming Months – Bitcoin News
Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with...
ApeCoin DAO Votes To Fund Bored Ape Yacht Club 24-Hour News Website Using APE
The popular community-based crypto phenomenon that began with the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) continues to expand. According to a forum post on the website of BAYC’s affilia...
GameFi Industry Expected to Reach $2.8B by 2028
The growth and adoption of the crypto GameFi business are expected to make the game-earning non-fungible token (NFT) gaming industry reach $2.8 billion by 2028, according to Absolute Reports, a compan...
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day – Mining Bitcoin News
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining fac...
The Bulls Are Fighting the Fed. That Might Be a Mistake
Have we finally reached a point where investors can buy stocks without fear? The answer doesn’t depend on how you define a recession, but on where you believe the economy is headed next. The mar...
Venture Capital Firm Variant to Establish $450m Venture Fund III
Venture capital firm Variant has announced the launch of a $450 million Venture Fund III to help startups focused on Defi and Web3 infrastructure. In this funding round, the company said Venture Fund ...
GRT, LINK Rally to Multi-Week Highs on Friday – Market Updates Bitcoin News
The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-d...
Ethereum Hits 6-Week High amid Addresses in Profitability Surging
Ethereum (ETH) reached highs of $1,770, a scenario has last seen on June 10 as more momentum continues trickling into the network. Market insight provider Santiment pointed out: “Ethereum had a ...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter ...
Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds
Babel Finance has undergone severe loss as it executed proprietary trading with customer funds. The Asian crypto lender has been in trouble and abruptly suspended client withdrawals from last month. T...
BTC Climbs Above $24,000, While ETH Nears $1,800 – Market Updates Bitcoin News
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rat...
Clean Energy Solar Stocks Sunrun, SunPower Scorch On Good News
Getty Images Key takeaways Clean energy got a boost Thursday after Sen. Joe Manchin and Senate Majority Leader Chuck Schumer reached a deal on climate spending The renamed “Inflation Reduction Act of ...
Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.
Sydney Schaub, a top attorney at Gemini Trust Co., a cryptocurrency exchange run by Cameron and Tyler Winklevoss, is leaving her job to join online real estate company Opendoor Technologies Inc. as a ...
IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks – Emerging Markets Bitcoin News
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. Th...