Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have seemingly moved to secure recent gains, after the world’s lar...
Tag: news
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot – Finance Bitcoin News
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in part...
California Cannabis Grower Using Blockchain For Tracking
A cannabis nursery located in California has used blockchain technology and smart contracts in order to confirm the genuineness of the therapeutic plants they sell. The cannabis nursery, which goes by...
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18 – Sponsored Bitcoin News
sponsored Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by...
Top Cryptocurrency News Today: Bitcoin Surges Above Historical Levels! What’s Next?
The global crypto market cap is again closer to rising beyond $1 trillion for the first time in the past 2 months. After the markets began to inflate at the beginning of 2023, the Bitcoin price receiv...
Bitcoin Bull Trap: BTC Price To Hit News Lows in Coming Months Warns Analyst
Popular and pseudonymous cryptocurrency analyst il Capo of Crypto (Twitter: @cryptocapo) believes an imminent capitulation is awaiting the industry despite the recent Bitcoin rally above $21k. Address...
First Virtual Banks By 2025 From Bank Of Thailand
The announcement that the Bank of Thailand intends to initiate the very first transaction in the country via virtual banking was made by the institution. According to the findings of a research conduc...
Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin – Economics Bitcoin News
A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a colla...
Tanzania wary about CBDC adoption following studies
The Central Bank of Tanzania has stated that it is still contemplating the introduction of a central bank digital currency (CBDC), but that it will take a “phased, cautious, and risk-based appro...
Can You Picture a Stock Coming Back From the Dead?
Can we bring ‘”dead money” back to life? I think I’ve got a trade that could. I’m looking at GoPro (GRPO) as dead money in the coming quarters, as I expect this equity t...
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage – Regulation Bitcoin News
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered...
FTX secretly lent Alameda Research $65B
Environmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff’s argument that approval breaches 2019 New York clim...
Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks for Investors to Watch This Week
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Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime – Africa Bitcoin News
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months a...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging – Mining Bitcoin News
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on ave...
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates – Economics Bitcoin News
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes th...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count – Defi Bitcoin News
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction o...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was...
Shiba Inu has news on this front but will that be enough to save an ailing SHIB?
Shiba Inu’s NFT ecosystem registered growth over the last week SHIB’s price rallied by 20%, however, a trend reversal was possible The popularity of Shiba Inu [SHIB] NFTs was proven, yet again, as the...
Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert – Economics Bitcoin News
The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expe...
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales – Bitcoin News
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were rec...
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread – Bitcoin News
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role ...
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review – The Weekly Bitcoin News
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the failed former crypto exchange CEO also fights for Robinhood share...
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia – Fintech Bitcoin News
Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar network. The bank believes that its electronic money platform ...
Samsung Knocks Longtime Patent Leader IBM Off Its Perch
In a year when the U.S. issued the smallest number of patents since 2018, Korean electronics giant Samsung Electronics nosed past IBM with the most new patents, the first time in 29 years that IBM fai...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows – Bitcoin News
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in th...
US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee – Regulation Bitcoin News
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that...
SEC Chairman Warns Most Crypto Will Fail — Says ‘Don’t Get Caught up in FOMO, Fear of Missing Out’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has urged investors not to “get caught up in the FOMO, the fear of mis...
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations – Blockchain Bitcoin News
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address ...