Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.
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Loan refinancer and BitLicensee SoFi is clear to launch a national bank in the US
The new bank will be subject to heightened scrutiny from the OCC for at least three years. 1380 Total views 21 Total shares In an announcement on Wednesday, the Office of the Comptroller of the Currency (OCC) granted SoFi a conditional license to operate as a national bank in the United States.The OCC is the…
Will FTX’s ill wind reach the Global South? Maybe not
With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”? Brazil may have inadvertently revealed a cleft between the developed world and emerging markets with…
Crypto Exchange Coindirect Launches OTC Brokerage in South Africa
Cryptocurrency exchange Coindirect launches an over-the-counter (OTC) brokerage in South Africa.As industry news outlet CoinInsider reported on Sept. 27, the platform creates a vast liquidity pool by integrating with global platforms, allows for Bitcoin (BTC) price locks after a confirmation and for instant processing with no fees or slippage. Aimed at high volume usersThe service lets…
Penn State set to host its own node for an enterprise blockchain
Penn State snagged one of GoChain's node operator spots. Pennsylvania State University, a U.S. university touting more than 40,000 students, has agreed to operate as a signing node for GoChain's proof-of-reputation, or PoR, blockchain. Constructed as a fork of the Ethereum blockchain's code, GoChain is secured by selected entities that run their own nodes, Marie Gonzalez,…
First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX
In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH).Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna exchange on Feb. 20.According to Kuna,…
Pro-XRP attorney John Deaton wins Republican US Senate primary
The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November.
Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways
Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range. 511 Total views 8 Total shares As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the…
Voyager bankruptcy plan approved, customers may recover 35.7% of claims initially
The third try is a charm for the crypto brokerage, whose assets were almost bought by FTX and Binance.US. Now it’s just handing what it has over to its creditors. 168 Total views 2 Total shares Crypto brokerage Voyager’s bankruptcy plan was approved by the United States Bankruptcy Court for the Southern District of New…