Bitcoin and Binance token dip slightly as CZ is released
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
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Tether slams JPMorgan analysts for saying it may need to sell Bitcoin
Tether criticized analysts at JPMorgan who speculated the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.
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Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16
In other news, Fireblocks has acquired First Digital in a deal worth $100 million and the New York Stock Exchange is pursuing NFT trading. 280 Total views 3 Total shares Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit…
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Rapper Dismissed of Securities Fraud Charges for FLiK ICO
On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017.The judge failed to find concrete evidence of securities violations or negligent misrepresentation as T.I. made no claims regarding the value of the FLiK tokens:“The…
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Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up
Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. In the past month, NEAR has rallied by 107% and this raises questions on whether…
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Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token.Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset redeemable for physical gold.” Furthermore, the New York State Department of Financial Services (NYDFS) put forward their approval of the issuance…
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Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. 84 Total views 4 Total shares
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Euroclear invests in Fnality to advance digital ledger technology strategy
The firm claims to have settled nearly 1,000 trillion euros worth of securities transactions last year. 170 Total views 5 Total shares On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focused on the regulated…
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Bitcoin traders hope bottom is in after BTC price bounces 9% from lows
BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground.