Bitcoin could be used as currency by 2030 — CryptoQuant CEO
Bitcoin mining difficulty has surged by 378% over three years, signaling the potential for institutional-driven BTC stability by 2030.
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Swiss Banking Giant Julius Baer to Offer Its Clients Crypto Asset Services
Swiss bank Julius Baer plans to provide its client access to digital asset services, following a partnership with crypto bank startup Seba Crypto, a press release from Julius Baer reveals on Feb. 26.The partnership will come into effect when Seba is granted a securities dealer and banking license by the Swiss Financial Market Supervisory Authority,…
Binance takes legal action against fake billboard ads in Turkey
Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities. 301 Total views 25 Total shares Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors…
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling. This is according to several reports today, Oct. 11.While the exchange has not specified a reason for the suspension, it states that deposits are “expected to resume within a week.”As reported Oct. 8, the…
Norwegian central bank uses Ethereum to build national digital currency
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated. 439 Total views 8 Total shares The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox.Available on GitHub, the…
Stop panicking about Wrapped Bitcoin — Mint Coinbase’s cbBTC instead
Concerns about WBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative.
Crypto Biz: Here’s what you need to know about CZ’s $96B net worth, Jan. 6–13
Changpeng Zhou is crypto’s biggest billionaire, Bitfarms purchased more than $43M worth of BTC and PayPal plans a stablecoin project. 915 Total views 13 Total shares Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the…
McHenry urges Senate to pass FIT21 crypto bill before election
The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry.
Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?
Ethereum's native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token's next selloff move could turn into a bear trap as the market factors in the possible release of the Merge this coming August.ETH to $4K?Ether's price could reach $4,000 by 2022's end, according…