The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service prov...
Tag: news
Chile’s Central Bank Wants More Time to Study CBDCs
Chile’s Central Bank is spending more time and exploring research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not. While Banco Central de Chile was expected to...
Crypto Firm Elwood Technologies Raises $70M in Series A Round
Global fintech crypto company Elwood Technologies raised a $70 million Series A round co-led by Goldman Sachs and Dawn Capital. The company is valued at up to $500 million after the financing, accordi...
Central African Bank Regulator Announces Nationwide Crypto Ban
The monetary authority in charge of regulating financial activities in Central Republic Africa announced on Friday its ban on cryptocurrencies in the country. The ban by the Central Bank came a few we...
US and UK Regulators to Take Action on Stablecoins after Terra’s Collapse
Regulatory agencies in the US and UK have raised their worries concerning stablecoins after the collapse of the controversial stablecoin Terra (UST). In recent days, stablecoins have led the crypto ma...
Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC – Markets and Prices Bitcoin News
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net...
SBF Suggests LUNA’s Collapse Different to Theranos, but Questioning its Marketing Strategy
FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried, known as SBF, has faulted the marketing strategies that were employed by the embattled Terra blockchain to gain acceptance from the public...
Crypto CEO Arrested in New York for Wire Fraud Offences
Eddy Alexandre, the founder and Chief Executive Officer of EminiFx, has been arrested by law enforcement agents as he faces charges bothering on one count each of commodities and wire fraud respective...
Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’ – Economics Bitcoin News
Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman...
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD – Bitcoin News
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, t...
Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin News
After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST...
Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown – Mining Bitcoin News
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at b...
Changpeng Zhao Clarifies Binance’s Investment in Collapsed Terra
Terra’s ship sailed gallantly but has now collapsed following a series of algorithm attacks that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level. With ...
Exchange Tokens Recovers as Investors Focus on Utility
The cryptocurrency ecosystem is gradually seeing a comprehensive recovery, and while there is still a bit of volatility in the market, exchange tokens are on a bullish tear as investors return back to...
Terra (LUNA) Foundation Send Over $2 Billion Bitcoin to Gemini and Binance. What Next? – Coinpedia – Fintech & Cryptocurreny News Media
As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, suspicions have arisen conce...
Bearish Bets: 3 Sluggish Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy – Defi Bitcoin News
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the to...
Will Ethereum (ETH) Price Surge 33% In the Coming Week Or Drop Below $1000? What’s Next? – Coinpedia – Fintech & Cryptocurreny News Media
Early on May 15, the global crypto market cap remained unchanged at $1.28 trillion. This week, the price of Bitcoin, the world’s largest cryptocurrency, fell to roughly $25,420, its lowest level since...
What’s the Fuss About CakeDeFi’s Borrow offering? And how can people use it? – Coinpedia – Fintech & Cryptocurreny News Media
Decentralized finance is a very appealing way to explore the cryptocurrency industry. Users can put their assets to work and reap the rewards for doing so. CakeDeFi, an industry leader in making DeFi ...
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review – The Weekly Bitcoin News
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hopin...
Shiba-Inu Unlocks a New Milestones, SHIB Price Still Trapped By The Bears – Coinpedia – Fintech & Cryptocurreny News Media
Shiba Inu price research analysis shows that the altcoin is still in a downturn, as Shib-bulls struggle to build the necessary momentum for a turnaround. As a result, the altcoin is anticipated to con...
Central African Banking Regulator Says Crypto Ban Still Effective – Featured Bitcoin News
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition ...
Emirates Airline to accept bitcoin as payment method: Arab News
Dubai-based airline Emirates will “employ bitcoin as a payment service” as part of a push toward embracing blockchain and metaverse projects, according to a May 11 report from the Saudi Ar...
Bitcoin And Ethereum Price To Hit This Lowest Level In Coming Week! – Coinpedia – Fintech & Cryptocurreny News Media
Following the collapse of TerraUSD and the most tumultuous week for Bitcoin trading in at least two years, cryptocurrencies trended lower on Saturday. By noon, Bitcoin, the world’s largest cryptocurre...
10 ‘Benjamin Graham Defensive’ Stocks Make That Make the Grade
Admittedly, the rest of the names that currently meet my modified Benjamin Graham “Stocks for the Defensive Investor” criteria are not as big or as well-known as the one I mentioned in my ...
Twitter Shares Plummet by 20% as Elon Musk’s $44 Billion Takeover Shelved
The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts. Musk tweeted: “Twitter...
BTC/USD Still In Danger! Bitcoin Price Is Heading Towards This Level – Coinpedia – Fintech & Cryptocurreny News Media
It appears that the Bitcoin bears are actively regaining power, as BTC/USD is set to suffer new losses. At $28,564, the first digital asset may correct below the previous support. BTC/USD is trading a...