Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
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Bitcoin attacks last resistance before $50K with BTC price daily close now crucial
What happens at the end of the day will determine the extent of Bitcoin's breakout and what might lie ahead, analysts say. 1093 Total views 446 Total shares Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDaily close…
El Salvador President: Bitcoin law will be approved tonight
Nayib Bukele, the president of El Salvador says there’s almost “a 100% chance” his bill to make Bitcoin legal tender will pass tonight. In a Twitter Spaces conversation that happened just after 5AM UTC with 22,000 listeners he said the bill was currently in debate but as his party has 64 out of 84 seats…
Research: There could be 24 CBDCs live by 2030
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money. As 93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital money among them fades. There could be up…
‘Godfather of ETFs’ Says Bitcoin Exchange-Traded Funds Will be Approved ‘No Time Soon’
Reggie Browne, the so-called “godfather of ETFs,” said that Bitcoin (BTC) Exchange-Traded Funds (ETF) will be certified “no time soon,” Business Insider reported Nov. 1. Browne is a senior managing director and head of ETF trading at financial services firm Cantor Fitzgerald.Founded in 1945, Cantor Fitzgerald focuses on institutional equity, fixed income sales, and trading.…
US lawmakers request Justice Dept share CBDC assessment
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch. 255 Total views 11 Total shares Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten…
Coinbase enters the Netherlands with central bank approval
U.S.-based crypto exchange Coinbase is approved by De Nederlandsche Bank, the central bank of the Netherlands. 164 Total views 4 Total shares The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips.Coinbase officially announced on Thursday that it had received registration from…
MoneyGram faces lawsuit over alleged false statements regarding XRP
Ripple partner MoneyGram is facing a lawsuit alleging the firm issued misleading statements and failed to disclose XRP's status as an unlicensed security. 3610 Total views 13 Total shares Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency.The class action lawsuit, filed…
Stablecoin issuer Circle launches business accounts for USDC transactions
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves. 275 Total views 3 Total shares USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets. The new business-centric…