Bitcoin sellers are trying to keep BTC price below $60K
BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.
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An AI bot didn’t create the GOAT crypto token — but did shill it
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
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People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president
"It's going to be a dollar economy as far as the eye can see," said James Bullard. 2802 Total views 12 Total shares James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency like the…
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Lawsuit Accuses Ripple CEO of Touting XRP While Silently Liquidating Holdings
There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token. On March 25, an amended complaint accuses Ripple CEO Brad Garlinghouse of touting the token to prospective investors while silently liquidating his holdings. Garlinghouse…
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Blockchain Startup Raises $5M to Automate Airport Security Checks
Blockchain startup Zamna raised $5 million to automate airport security checks using blockchain and biometrics technology, tech news outlet Silicon Republic reports on Oct. 28.The startup plans to use the funding to deploy its Advance Passenger Information platform. Zamna also said that International Airlines Group (IAG), Emirates Airlines and United Arab Emirates’ General Directorate of…
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China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
China is at last planning to conduct the first real-world test of its central bank digital currency (CBDC), fresh reports claim. According to local news outlet Caijing on Dec. 9, the initial pilot for the CBDC is set for the city of Shenzhen before the end of 2019, and may possibly include the city of Suzhou. Banks…
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Bitcoin mining firm Phoenix Group delays share listing
Due to UAE's National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023. 203 Total views 1 Total shares Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21.Phoenix’s public trading
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Survey Shows Growing Interest Among Americans in Blockchain and Cryptos
A Paxful survey shows that a growing percentage of Americans are considering cryptocurrencies as an alternative to the current financial system. 590 Total views 17 Total shares Americans with a working knowledge of cryptocurrencies have been showing a rising interest in blockchain technology and cryptos.According to a survey conducted by the global peer-to-peer Bitcoin marketplace…
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Institutional Trading and Cryptocurrency Industry
Institutional interest in digital assets is growing as major financial players continue to enter the cryptocurrency space. 371 Total views 48 Total shares A growing number of indicators suggest that institutional players are continuing to enter the digital asset markets, which have been dominated to date by high-net-worth individuals and actively trading crypto enthusiasts. Case…