The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wan...
Tag: news
Crypto.com Receives Regulatory Approval from Cyprus Securities and Exchange Commission (CySEC)
Crypto.com Furthers European Presence with Regulatory Approval in Cyprus Cyprus, July 22, 2022 – Crypto.com, the world’s fastest growing cryptocurrency platform, announced today that it has ...
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP – Regulation Bitcoin News
U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier...
Finder’s Crypto Experts Predict Solana Rising to $512 by 2030 – Altcoins Bitcoin News
A panel of crypto industry experts has predicted that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the leading contenders in the smart contract blockchain space. They are likely ...
Usain Bolt Partners with Step App to Propel Healthier World
Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse. As a FitFi pla...
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions – Bitcoin News
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban...
DeFi Token Behind Curve Finance Jumps 21% Amid Stablecoin News
Curve DAO Token (CRV), the native token of Curve protocol, has rallied more than 21% over the past 24 hours. CRV, the 60th-largest token with a market capitalization of nearly $760 million, is changin...
Thailand Plans to Amend Regulations Governing Crypto Assets
Thailand’s crypto regulation is under scrutiny as the government plans to amend digital asset rules. The country’s regulators said that action needs to be put into place as a recent crypto...
SEC Slaps Former Coinbase Manager With Insider Trading Charges — Identifies 9 Crypto Tokens as Securities – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a former Coinbase manager, who has been arrested and is also facing criminal charges. The regulator has ...
Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes
To eliminate overreliance on a single type of stablecoin, Singapore-based crypto exchange Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs. Therefore, the ETH/USD...
Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack – Defi Bitcoin News
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the...
Justin Sun quoted the Selling of Tesla’s 75 percent Bitcoin Holding As “Great News.”
Tesla is selling its 75 percent Bitcoins holding. Musk mentioned that Tesla would not Sell any of its DogeCoin holdings. Tesla is an Electric- Car manufacturing company. Elon M...
JP Morgan Reports: Rising Demand Among Retail Traders Despite Heavy Liquidations – Coinpedia – Fintech & Cryptocurreny News Media
Things seem to be taking a turn for the better for ordinary cryptocurrency investors as massive liquidations continue across exchanges. Analysts believe that the extreme selling pressure that dominate...
NEAR Hits 6-Week High on Friday, NEO Extends Recent Gains – Market Updates Bitcoin News
Near protocol was trading at its highest level since June 10 in today’s session, as prices of the token rose for a second straight day. Neo was also higher on Friday, with prices surging by over 15%, ...
9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges
The US Securities and Exchange Commission (SEC) on Thursday listed nine cryptocurrencies that it considers as securities. The regulator named the nine crypto assets in its first insider-trading case, ...
Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’ – Bitcoin News
This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not...
AMD Could Rally 30% From Here
Advanced Micro Devices (AMD) has weakened since late November. The shares were trading around $160 and subsequently fell to near $70 in early July — a rude awakening for buy-and-hold investors. ...
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November. Several crypto exchanges are struggling following the Federal Reserve’s ...
ETH Rebounds, Climbing to Over $1,600 on Friday – Market Updates Bitcoin News
Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the pro...
A Federal Reserve Recession May Be Here; The Good And Bad News For U.S. Economy, S&P 500
The Federal Reserve is slamming on the brakes to stem inflation — with another 75-basis-point rate hike expected Wednesday — even as the U.S. economy is sucking wind. A Fed-induced recession now seems...
Opinion: Terra – A lesson learnt for trading platforms?
After millions of new retail traders entered the crypto market in 2021, 2022 started with a downturn, auguring fears of a bear market. With concurrent inflation fears and rising interest rates, tradin...
Crypto Daily – Daily Crypto And Financial News 22/07/2022, Tesla Sells $936M Of Its Bitcoin Holdings
In Todays Headline TV CryptoDaily News: Tesla sold $936M of its bitcoin holdings in Q2. Electric vehicle maker Tesla converted 75% of its bitcoin holdings into fiat currency, according to an announcem...
Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters – Blockchain Bitcoin News
Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, intro...
KuCoin Secures Over $10M in Strategic Investment
KuCoin has successfully secured over $10 million from Susquehanna International Group in a strategic investment. KuCoin will collaborate with Susquehanna to incubate and build networks for crypto star...
‘It’s Nothing Without its Energy Consumption’, Says Peter Brandt against BTC
Peter Brandt, one of the most vocal critics of Bitcoin (BTC), has taken a jab at the digital currency again, dwelling on the coin’s energy correlation with its value this time. Talking throughTwitter,...
Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project – Blockchain Bitcoin News
A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of ...
Inflation is Yet to Be at its Peak, says CEO of Goldman Sachs – Coinpedia – Fintech & Cryptocurreny News Media
David Solomon, CEO of Goldman Sachs, in an interview with CNN said that inflation in the United States has not reached its peak. He has urged people to prepare for worsening inflation and an approachi...
JPMorgan Sees Retail Demand Improving, Ending ‘Intense Phase’ of Deleveraging
JPMorgan Chase & Co. (JPM), a US investment banking giant, issued a report on Thursday stating that demand among retail investors in the crypto market is improving. The report further said that th...
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules – Exchanges Bitcoin News
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening cryp...