Bitcoin futures premium hits 7-week high: is the rally sustainable?
Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.
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SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk
Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company's holdings remain unknown. 397 Total views 1 Total shares SpaceX's Bitcoin write-down report on Aug. 18 sparked confusion among the crypto community. The report published in Wall Street Journal puzzled many, who questioned whether SpaceX held…
Japanese wealth manager Nomura to explore crypto and NFTs with new unit
The firm stated in a release that it was establishing a new Digital Company, which would begin operations in April, as part of the restructuring. 187 Total views 5 Total shares In a move that may suggest growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings has announced it is establishing a new digital assets…
Why Bitcoin price and volume rising together is bad news for Ethereum, altseason
Bitcoin (BTC) is sucking up the volume from the entire cryptocurrency market as it continues to rally. This is causing the alternative cryptocurrency (altcoin) market to pullback, which has seen rising selling pressure and low buyer demand.On Oct. 30, researchers at Santiment pinpointed the growing volume and dominance of Bitcoin, while Chainlink (LINK), Ether (ETH)…
EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
Twitter Wouldn’t Be Hacked If It Were Backed by Blockchain Technology
Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of…
Axe reveals limited run of Dogecoin-themed body spray
Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.” 1047 Total views 5 Total shares Popular male grooming product manufacturer, Axe. is set to launch a limited run of Dogecoin (DOGE)-themed body spray dubbed “Dogecan.”Axe’s Dogecans will be given out…
Canadian University Offers Graduate Training in Blockchain Tech
Canadian-based University of British Columbia (UBC) has announced a blockchain and distributed ledger technology training program for master’s and PhD students. UBC announced the development in a press release on June 11.The training path is reportedly designed to build competency around blockchain tech, and is focused on its application in four public benefit areas: health…
Singapore to require crypto firms to put user assets into trusts by year-end
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. 141 Total views 2 Total shares Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore (MAS) announced…