Bitcoin to gold ratio posts new record as BTC sets new high
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16.
Related Posts
Binance and Paxos Partner on PAX to Fiat Exchange Portal
The biggest crypto exchange by volume Binance and digital asset Trust company Paxos have integrated a new fiat deposit gateway on Binance’s flagship trading platform. According to a press release published on June 26, the gateway will enable traders to exchange fiat currency for the PAX Standard (PAX) stablecoin on the Paxos platform via wire transfer.…
What are crypto pump and dump groups? Are they legal?
Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century. The plan was to inflate the stock price…
Don’t expect Coin Center to stick up for XRP in the face of the SEC
The D.C.-based think tank doesn’t view XRP in the same light as Bitcoin or Ethereum. 3375 Total views 15 Total shares In its coming fight against the Securities and Exchange Commission, Ripple won't see support from some of the mainstays of the crypto lobby. Jerry Brito, the executive director of Coin Center, made it clear…
Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
Sweden Is Testing Its New Central Bank Digital Currency
The country of Sweden has begun testing an e-krona, bringing it that much closer to the proper release of a central bank digital currency (CBDC). The pilot program will be in operation for one year, until February 2021.If and when the e-krona formally launches for use by the public, the idea is that this blockchain-powered…
Ethereum Classic partners with ChainSafe and OpenRelay to prevent more 51% attacks
The quest to protect Ethereum Classic continues. 1102 Total views 16 Total shares As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks. In a post, Ethereum and its Core Dev Team will work with both ChainSafe and OpenRelay to develop…
Billionaire Tim Draper Sees Potential in DeFi and Backs New DAO
Tim Draper, the billionaire and Bitcoin bull who has backed Tesla, SpaceX and Coinbase, is making moves into decentralized finance. He is now investing in DeFi Money Markets DAO (DMM DAO), according to the DMM Foundation’s official announcement on March 16. The billionaire is investing in governance tokensDraper Goren Holm Ventures, the leading fintech VC fund…
2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it’s not enough
Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon. 1220 Total views 64 Total shares United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden…