Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity
BTC price gains allow Bitcoin bulls zero in on $300 million in ask liquidity located above $62,000.
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Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country. 357 Total views 13 Total shares Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil's central bank on June 2, according to local media reports. With the license, the…
BlockFi Lowers Interest Rates for Top Tier Crypto Deposit Accounts
Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22.BlockFi launched the BlockFi Interest Accounts (BIA), cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC), earlier in March. The accounts initially offered a 6.2 percent annual interest paid monthly…
Bitcoin’s ‘Elon Musk pump’ rally to $48K was exclusively driven by whales
Bitcoin whales drove the rally to $48,000 and are aggressively buying, Binance exchange data shows. 3141 Total views 16 Total shares The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered…
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years. 520 Total views 17 Total shares Own this piece of history Collect this article as an NFTThe government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of…
Philippines’ digital transformation could make it a new crypto hub
Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans that the cryptocurrency exchange is persisting despite the global jump and market slump in the cryptoverse, there is another country that Binance is looking…
Bitcoin miners are treading water, but no alarms of a 'total firesale'
Bitcoin miners are not “full-scale bear market level capitulating,” according to a crypto analyst.
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022. 184 Total views 4 Total shares The Depository Trust & Clearing Corporation (DTTC) has signed an agreement to acquire Securrency, a digital asset infrastructure developer. The acquisition will allow DTCC to embed
Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.