Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.
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Bullish on Ethereum’s London hard fork? Here’s an options strategy pro traders use
The Ethereum network will undergo a major upgrade on Aug. 4, as the long-awaited London hard fork is expected to launch at block 12,965,000. The transition is part of a roadmap leading to the Ethereum 2.0 release, which aims to migrate the network to a proof-of-stake consensus mechanism.By no longer depending on the intense energy-consumption…
Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment
The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2.As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority of Singapore (BAS) sent funds to the Bank of Canada (BoC) without…
Thailand’s largest movie theater chain accepts Bitcoin
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. 2152 Total views 20 Total shares Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC).According to a Thursday report by local news agency…
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support.
Coinbase has held Bitcoin on its balance sheets since 2012
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries. 1912 Total views 9 Total shares United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the…
Binance opens layer-two ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost. 988 Total views 18 Total shares On Friday, Binance announced the integration of the Arbitrum One core network and opened Ether (ETH) deposits on the Arbitrum One layer two.Arbitrum is a third-generation layer-two optimistic rollup…
Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol
Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub. 2087 Total views 19 Total shares Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network.The code for Bitfinex's "Dazaar" protocol has been uploaded to GitHub, describing…
Silvergate reports $1B net loss in the fourth quarter of 2022
The report highlighted that deposits in the fourth quarter were $7.3 billion, which was lower than the third quarter figure of $12 billion. 334 Total views 4 Total shares Own this piece of history Collect this article as an NFTSilvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda Research dealings, has…