Bitcoin to pump if oil, energy prices surge amid Middle East tension: Hayes
BitMEX co-founder Arthur Hayes predicts Bitcoin’s price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.
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Bitcoin miners send record $128M in revenue to exchanges
Bitcoin (BTC) miners are sending record amounts of BTC to centralized crypto exchanges.In a June 27 tweet, on-chain analytics platform Glassnode reported an all-time high in Bitcoin miner revenue sent to exchanges.Percent of miner revenue sent to exchanges. Source: Glassnode.It noted that there was currently an “extremely high exchange interaction,” from Bitcoin miners which had…
Panama’s president says he won’t sign crypto bill into law ’at this moment’
“If the law has clauses related to money laundering activities — Anti-Money Laundering activities — that’s very important for us," said Panama President Laurentino Cortizo. 399 Total views 15 Total shares Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without…
Bitcoin mining revenue hits yearly high, after return to pre-halving levels
Bitcoin mining revenue has topped $20 million per day, its highest level this year. Key on-chain metrics such as Bitcoin mining revenues have returned to pre-halving levels according to recent research.Data from analytics provider, Glassnode, suggests that revenue from Bitcoin mining is now back at the same levels it was as when block rewards were…
Google paves way for AI-produced content with new policy
On Sept. 16, Google updated the description of its helpful content system. The system is designed to help website administrators create content that will perform well on Google’s search engine.Google doesn’t disclose all the means and ways it employs to “rank” sites, as this is at the heart of its business model and precious intellectual
Fidelity Investments Seeks Talent for Its Digital Assets Division
American investment management company Fidelity Investments is seeking talent for its digital asset wing, Fidelity Digital Assets, according to the company’s job offer listing.Fidelity is looking for nine professionals in fields ranging from analytics and data engineering to blockchain solutions architecture and blockchain solutions engineering.The company is hiring a Vice President of Solutions Architecture (blockchain,…
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” 111 Total views 3 Total shares Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks…
FTX US to launch stock trading against stablecoins
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. 669 Total views 3 Total shares Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform.West Realm Shires Services, the owner and…
Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos
The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out." 1209 Total views 13 Total shares The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space.CBK governor Dr. Patrick Njoroge told…