AI execs visit White House to discuss energy infrastructure
According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.
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Crypto Exchange Bitstamp to Integrate New Platform for Market Monitoring
European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27.Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor market…
War of words: OKX takes a subtle jab at Coinbase in new ad campaign
Crypto exchange OKX included a subtle shot at Coinbase in a new global ad campaign titled “The System Needs a Rewrite.” 2235 Total views 25 Total shares Crypto exchange OKX has seemingly called out rival exchange Coinbase in a new global ad campaign that argues “the system doesn’t need an update; it needs a rewrite.” OKX’s…
Bitcoin Lightning Network goes live on Cash App
Cash App mentions that the Lightning Network feature is not available to users located in New York. 1377 Total views 10 Total shares Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any…
Bitfinex advises Ontario-based users to close accounts before March 1
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets. 736 Total views 28 Total shares In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform.…
BitgetX joins HKVAC as it aims for exchange license in Hong Kong
The Hong Kong Virtual Asset Consortium was established on May 31 to create indices and rating services for cryptocurrencies. According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with…
EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament. 470 Total views 4 Total shares The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday…
How relevant is the $900M open interest on Bitcoin options above $100K?
Bitcoin (BTC) is fast approaching its worst monthly performance in a decade, but some investors are using this as an opportunity to buy ultra-bullish long-term derivatives. There are currently over $900 million in call (buy) options aiming at $100,000 and higher, but what exactly are those investors seeking?Options instruments can be used for multiple strategies,…
$135B Injection from European Central Bank Dwarfs BTC Market Cap
After similar efforts from the U.S. Federal Reserve on March 10, the European Central Bank, or ECB, announced a $135 billion stimulus — a number that dwarfs Bitcoin’s (BTC) entire market cap.The ECB, in an effort to combat struggling markets, decided not to cut interest rates further. Instead, the central bank announced the allocation of…