Bitcoin metrics reset and point to ‘major move’ in Q4 — Analysts
Analysts say Bitcoin’s prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.
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What is the best crypto use case? Community answers
A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. 517 Total views 3 Total shares While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind…
India misinterpreted private crypto ban, says crypto bill creator
India's former finance secretary Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned." 2827 Total views 27 Total shares The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain…
FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report
Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX. 201 Total views 2 Total shares Own this piece of history Collect this article as an NFTLawyers representing FTX in bankruptcy court have reportedly argued that former CEO Sam Bankman-Fried’s immediate…
Stanford to return millions in crypto donations from FTX
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. 175 Total views 2 Total shares The California-based university Stanford University said it plans to return all funds it received from the now defunct cryptocurrency exchange FTX, according
Chinese Iron Importers Favor Crypto Over US Dollars
Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency. The Chinese iron ore sector is shifting towards blockchain-powered cross-border platforms to conduct trade deals in the national currency yuan (RMB), rather than the more usual USD transactions, as importers begin to adopt the technology.According to China…
Demand for PayPal’s crypto offering exceeded all expectations, CEO says
In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal's CEO predicted. 4462 Total views 40 Total shares The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO.“Demand on the…
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The United States should lead the development of Central Bank Digital Currencies (CBDCs) away from being “surveillance coins” and towards being "freedom coins,” says the former chair of the Commodity Futures Trading Commission (CFTC).In a Mar. 13 op-ed in The Hill, Christopher Giancarlo, nicknamed "Crypto Dad" for his pro-crypto outlook, said the U.S. "must influence"…
SEC registrants seek DeFi and physically-backed Bitcoin ETF approval
Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings. 367 Total views 29 Total shares Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission (SEC) seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance…