Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62K
Bitcoin holds its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.
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Singapore: Major Utility Company Launches Blockchain-Based Solar Energy Marketplace
SP Group, a major corporation providing electricity and gas transmission in Singapore, has launched a blockchain-powered renewable energy certificate (REC) marketplace, the company reveals in a press release Monday, Oct. 29.The platform was unveiled at the ASEAN Energy Business Forum held in Singapore this week. The press release notes that SP Group plans to use…
UK Financial Watchdog Warns Against Firm Claiming to be Authorized With FCA
The British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against illegal crypto-related firm Next Coin Market, according to an official statement released on March 6.According to the FCA, Bulgaria-based Next Coin falsely claims to be authorized with the U.K. financial authority to offer cryptocurrency-related services to British residents.The FCA elaborated that…
Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
Gazprom and Russian Airline S7 Put Aircraft Fuelling on Blockchain in Domestic First
Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24. S7, which has developed several blockchain use cases in the past two years, will now use the technology to increase efficiency of fuel delivery and payment, as…
Solana’s Cardinal shuts down, citing economic conditions
According to the protocol’s closing schedule, part of the operations will cease on July 19, while the withdrawal period ends on Aug. 26. Solana’s Cardinal protocol is winding down operations due to economic conditions, nearly a year after raising $4.4 million to improve nonfungible tokens (NFT) utility. According to an announcement on Twitter, withdrawals should…
Bitcoin Will Be ‘Alive and Well,’ Says Renowned Emerging Markets Investor Mark Mobius
Veteran frontier markets investor Mark Mobius has said he believes cryptocurrencies will show resilience due to continuing demand for new forms of value transfer. Mobius made his remarks during an interview with Bloomberg on May 15.Mobius is a seasoned and pioneer investor in developing nations and emerging economies, earning international recognition for his decades-long work…
CME Bitcoin Futures Break Open Interest Record — Here’s What it Means
Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets.As noted by institution-focused crypto analysis company Arcane Research on May 7,…
Bitcoin Is Back Above $10K
Crypto enthusiasts were collectively watching the price of Bitcoin (BTC) like a hawk over the weekend as the dominant cryptocurrency flirted with the $10,000 price mark.While it did eventually break that milestone, it only lasted for a second — a flash crash sent the price back down to $9,700 and attention once again turned to…