Bank of Ghana unveils draft rules for cryptocurrency exchanges
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.
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Six Binance Smart Chain DeFi projects awarded grants from $100M fund
More than 180 projects have applied for grants since the $100 million accelerator fund was announced in September. 3670 Total views 22 Total shares Global cryptocurrency exchange Binance announced funding for six projects building on the firm’s smart chain.In an Oct. 14 statement, Binance stated that blockchain projects AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap and…
Bitcoin bulls grill $68K as US rebound lifts BTC price 7% in a day
BTC price targets now feature the 2021 all-time highs of $69,000 as optimism on Bitcoin mounts.
BTC price hits $56K as bulls return and talk focuses on Bitcoin ETF approval
A day of consolidation ends in fresh bullishness for Bitcoin price action, which continues to close in on final resistance below all-time highs. 2060 Total views 35 Total shares Bitcoin (BTC) returned to beat the week’s four-month highs on Oct. 8, climbing $2,000 in two hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price beats Wednesday’s…
EU set to invest $177B in blockchain and other novel technologies
EU officials have set their sights on significant direct funding for emerging technologies including blockchain. 2060 Total views 22 Total shares The European Union is reportedly looking to bolster technological development in the region with a planned $177 billion investment war chest.According to Bloomberg, EU officials plan to fund direct investments in areas like blockchain,…
How to buy Bitcoin in Switzerland
Is Bitcoin legal in Switzerland? Discover Swiss banks’ attitudes toward crypto and various ways to buy BTC.
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. The $1.5-billion Multichain hack has seen…
Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
Bitcoin (BTC) price finally woke up and surged to a new 2020 high but as the markets surged past $10,000, some traders seem to have opened excessively leveraged long positions. This effect became more noticeable as the funding rate for perpetual contracts reached the second-highest level this year at 12.4% per month.Funding alone shouldn’t be considered…
Arbitrage traders make 10x returns on new DeFi platform for wrapped assets
A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap. 1642 Total views 7 Total shares A recently launched decentralized finance platform, Saddle Finance, has netted one particular trader a more than 10x return on an arbitrage trade between different permutations of synthetic Bitcoin (BTC).According to transaction data from Etherscan, a user…