Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal
The Bitcoin-based cashback app will go public on the Nasdaq after a SPAC deal that’s expected to wrap up by the end of this year.
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Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
This July 14 Bitcoin weekly options expiry holds the potential to be a significant turning point for market sentiment, potentially leading to a breach below the crucial $30,000 support level.Despite the initial bullish surge triggered by the spot Bitcoin exchange-traded fund (ETF) requests, the recent macroeconomic data has not been favorable for risk-on assets.Analyzing market sentiment…
How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund
As the world of finance continues adapting to contemporary innovations, it almost cannot help but drag other industries along for the ride — willingly or otherwise. Film is one such sector currently undergoing a quiet revolt, concocting a radical subversion to traditional models of financing. This is partly due to the emergence of distributed technologies…
Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory
Bitcoin (BTC) may be making long traders miserable but one bullish analyst says that he is "relieved" that it has shed 22% in a week.In his latest social media update, quant analyst PlanB noted that the price dip to under $48,000 has sent BTC/USD below its target laid out by his stock-to-flow price model."Astonishing" stock-to-flow…
Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu
Illuvium council member Deraji pointed out that the community made their stand and highlighted that the event risks the reputation that the DAO worked hard to build. 662 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe community supporting Illuvium, an interoperable blockchain game, has demonstrated the power…
Rari Capital doubles TVL to $1B in just two weeks thanks to high yields
The total value locked on the decentralized finance protocol Rari Capital has surged past $1 billion.The DeFi lending, borrowing, and yield generating protocol has surpassed the key milestone in TVL according to the app dashboard, and DeFiPulse confirms the all-time high TVL figure, reporting it at $1.09 billion. On Sept. 30, Cointelegraph reported that Rari’s…
Coin Ninja CEO Arrested for Allegedly Laundering $311M With Bitcoin Privacy Tools
Larry Harmon, the CEO of Bitcoin media site Coin Ninja and founder of crypto wallet provider DropBit, is facing federal charges related to his use of Bitcoin privacy tools.United States federal prosecutors are charging Harmon with conspiracy to launder money and operating a money transmitting business without a FinCEN license.According to an arrest warrant filed…
US Treasury Secretary Promises “Significant New Requirements” on Cryptocurrency
Though the Democratic presidential race in the United States may have lost its most forward-thinking candidate when it comes to cryptocurrency, that doesn’t mean it’s not still a hot button issue across party lines. The number of patents and companies associated with cryptocurrencies and blockchains continues to rise in the US market, making it both…
National Fisheries Institute and IBM’s Food Trust Work on Seafood Blockchain Traceability
United States seafood trade association National Fisheries Institute (NFI) is working with IBM’s blockchain supply chain solution Food Trust to trace seafood, food-related news outlet FoodOnline reports on June 11.Per the report, this is the first effort to track multiple seafood species jointly pursued by multiple companies. Furthermore, NFI members representing harvesters, importers, processors, cold…