Bitcoin Runes hype fades, transactions plummet 84%
Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?
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Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins. 358 Total views 1 Total shares The Monetary Authority of Singapore (MAS) released a proposal for a common protocol that would specify the conditions for the use of various…
Learn How to Develop a Unique Trading Style With Peter Brandt & Joe Saz
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Bitcoin ETF impulse fuels ‘fantastic’ $29K BTC price breakout
Bitcoin (BTC) hit $29,000 on June 21 as largescale buying fueled a fresh sentiment boost.BTC/USD 1-hour chart. Source: TradingViewAnalyst: $29,000 becoming fakeout "very unlikely"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $29,014 on Bitstamp — its highest since May 7.The pair enjoyed continued buyer interest overnight, this coming on the back of multiple…
Binance to suspend Chinese yuan from P2P platform in December
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…
Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets
Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers,…
Bitcoin price gets closer to the last big hurdle before $20,000
While the United States’ election is still undecided, Bitcoin (BTC) is experiencing a major rally, as BTC price nearly reached $16,000 today, the highest level since January 2018.Other asset classes have also been doing well, such as Nasdaq, which saw gains of more than 7% in recent days. In the cryptocurrency markets, Ether (ETH) has…
State Street reveals digital asset platform for institutional clients
The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”