4 more virtual asset trading platforms licensed in Hong Kong
Cryptocurrency traders in Hong Kong now have a choice of seven platforms for buying and selling four cryptocurrencies.
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Joe Biden unhappy with Elon Musk for buying a platform that “spews lies”
Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter. 743 Total views 10 Total shares The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (rebranded later to Meta), which was accused of manipulating information based on…

Canadian wellness firm approves plan to add $1M of Bitcoin to treasury
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”

German Regulator Greenlights $280 Million Ethereum Real Estate Bond
The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on the Ethereum blockchainThe given bond backed by a portfolio of properties in major German cities with an…

Reddit partners with FTX to enable ETH gas fees for community points
With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay. 98 Total views 4 Total shares After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a…

‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low
Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?

European Commission opens new consultation on digital euro
The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy and the impact on financial stability. 341 Total views 32 Total shares The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro.In a Tuesday notice, the European Commission’s…

Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions
Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to time perfectly, securing a 60% profit near the all-time high. I closed a number of positions in profit, and am still…

Bitcoin’s rocky road to becoming a risk-off asset: analysts investigate
May 5th was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7% while the NASDAQ slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still…