94% of all Bitcoin in profit hints that $69K BTC price was a local top
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
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Bank of France is Closely Watching Stablecoin Developments, Says Governor
The Bank of France has taken an interest in stablecoins, as indicated by the bank’s governor Francois Villeroy de Galhau in a Bloomberg report on May 14 .Villeroy has said that the bank is “observing with great interest” growing networks that allow members to exchange stablecoins for tokenized securities, goods, and services. He makes a…

Samsung’s Previously Denied Ethereum Wallet Surfaces in Allegedly Leaked Galaxy S10 Images
Images allegedly portraying the upcoming smartphone Samsung Galaxy S10 showing a “Samsung Blockchain Keystore” app surfaced on Twitter on Jan. 23.The images have been leaked by Benjamin Geskin, a person who has been defined a “serial mobile leaker” by Apple-related news website MacRumors after he leaked photos of the iPhone X Plus. The reportedly leaked…

There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society
The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the…

Bitcoin’s bull rally will continue another 350 days: Bybit
Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.

Crypto-collateralized loans may soon bring new investors to space
"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton. 3510 Total views 19 Total shares Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution,…

New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. 207 Total views 1 Total shares While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the…

Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset "less correlated to the Terra ecosystem." 145 Total views 33 Total shares The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of…

Cathie Wood’s ARK buys $1.5M SOFI shares as SoFi exits crypto
Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023. 381 Total views 4 Total shares ARK Invest, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, bought about $1.5 million of SoFi Technologies (SOFI) shares on Nov. 29, the day