In Todays Headline TV CryptoDaily News: Court permission Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapor...
Tag: news
The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030 – Op-Ed Bitcoin News
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Ba...
Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows
Subject to escalating inflation and the high cost of living, investors are looking at investing in alternative assets for diversification purposes, according to a survey by Asset Tribe. Asset Tribe, a...
Crypto Payments Operator RocketFuel Grants Approval of VASP License in Denmark
Cryptocurrency payments operator RocketFuel has announced that its subsidiary has been granted approval as a Virtual Asset Service Provider (VASP) by the Danish Financial Supervisory Authority to oper...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements – Finance Bitcoin News
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official...
Systematic Risks Are Going to Build if Bitcoin Does Not Get Regulations – Coinpedia – Fintech & Cryptocurreny News Media
Since Bitcoin has been seeing bearish price movement with low overall volatility, there are no signals of strength or recovery in its price. After a brief rise to the $21K level, the price is graduall...
Unstoppable Domains Pairs with MoonPay to Optimise Crypto Payments
Non-fungible tokens (NFT) domain name provider Unstoppable Domains is introducing an easier way for users to buy cryptocurrencies on MoonPay, one of the leading infrastructure service providers in the...
Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound
Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported. The embattled crypto lender has also repaid its remaining debt to the decentralized finance (DeFi) ...
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg reported, citing a note fro...
14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment – Featured Bitcoin News
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have le...
Crypto Recruitment Firm Inflection Points Raises $12.6m in Funding Round
Inflection Points, a Miami-based crypto recruitment and training firm co-founded by Anthony “Pomp” Pompliano, announced on Wednesday that it has raised $12.6 million in a funding round. Th...
Is Soaring US Inflation Rate Hurting Bitcoin’s Revival Chances?
Key inflation data in the United States in June was just released by the Bureau of Labor Statistics on Wednesday, highlighting among many things that consumers are paying much more for basic necessiti...
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market – Featured Bitcoin News
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post ...
AEW Dynamite Fyter Fest Results: Winners, News And Notes
Wardlow vs. Orange Cassidy for the AEW TNT Championship on AEW Dynamite Fyter Fest. Credit: AEW AEW Dynamite Fyter Fest advertised Orange Cassidy challenging Wardlow for the AEW TNT Championship; an A...
UK Parliament Requests Calls for Evidence on Crypto Impacts
The Treasury Committee of the Parliament of the United Kingdom has put out a Call for Evidence as it embarks on a mission to investigate the future of cryptocurrencies and how they will impact the UK....
EU Regulator Warns About Crypto — Questions Whether Many Will Survive – Bitcoin News
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whet...
Adshares Establishes Premium Partnership With Sandbox – Press release Bitcoin News
press release PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares commun...
Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473 – Markets and Prices Bitcoin News
According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53 fintech specialists polled in the report say cryptocurrency markets are officially i...
Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin News
Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member stat...
Looking at Copper and Freeport-McMoRan, Everyone Is Ignoring a Huge Issue
Every media outlet has written in recent weeks about the “rapid demand destruction in commodities” but I think they are missing a key conclusion. Let’s dive into the charts and I&...
US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’ – Economics Bitcoin News
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflec...
If You’re a True Believer in Delta Air Lines, Here’s How to Trade It
On Wednesday morning, Delta Air Lines (DAL) released the firm’s second quarter financial results. The firm posted adjusted EPS of $1.44 (GAAP EPS: $1.15) on operating revenue of $13.8B (adjusted...
NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million – Markets and Prices Bitcoin News
While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise...
QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low – Market Updates Bitcoin News
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also decl...
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidator...
ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday – Market Updates Bitcoin News
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading u...
Celo Launches Web3 Africa Fund to Support Blockchain Startups
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund to support 250 projects in developing African blockchain-based projects. The fund will select 250 projects, and in ...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers sa...
Bank Indonesia to Evaluate CBDC Influence to Local Economy
Doni Primanto Joewono, the Bank Indonesia (BI) Governor, said cryptocurrency can facilitate financial system efficiencies and inclusion. The administration is evaluating the impact of adopting central...
Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible – Sponsored Bitcoin News
sponsored As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptoc...