Bitcoin whales snapped up $4.3B of BTC amid price slump

Randall Quarles, chair of the Financial Stability Board (FSB), has claimed that the potential scale of stablecoins such as Facebook’s Libra could present future “regulatory challenges.” Quarles voiced his opinion during a presentation at the European Banking Summit in Belgium on Oct. 3.FSB leads G20’s work on stablecoins going forwardQuarles specifically highlighted yet unreleased Libra stablecoin…

Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2 and is connected to efforts to reduce carbon emissions that cause climate change. Carbon markets are one of the best…

Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom. As the sideways market of 2022 drags on and serious projects use the time away from the frenzy…

GBBC Digital Finance is now one of over 200 affiliated members of the International Organization of Securities Commissions, which also includes 35 national regulators. 138 Total views 10 Total shares Own this piece of history Collect this article as an NFTGBBC Digital Finance announced Feb. 16 that it has joined the International Organization of Securities…

Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns. BTC price double-bottom and then to $30K?The conflicting upside signal comes from a potential double-bottom pattern on Bitcoin’s longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble…

The United States equities markets and the cryptocurrency markets have started the new week on a strong footing. This suggests that investors expect the Federal Reserve's possible 75 basis point rate hike in the Sept. 20 to 21 meeting to be priced in and it also could mean that investors believe inflation has peaked.Bitcoin’s (BTC)…

This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here. When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of…

Block.One, the firm behind EOS, the seventh-biggest cryptocurrency by market cap, has launched a new $1.5 million grant program to support the EOSIO development.EOS VC, the Block.One’s venture capital arm, plans to award grants worth $50,000 to each qualified project within its new funding initiative, the EOS VC Grants Program. According to an official announcement…

Robinhood CEO Vladimir Tenev took to Twitter to explain how DOGE could become the future currency of the internet just hours after Dogecoin’s creator criticized Elon Musk for his Twitter antics. 31 Total views 23 Total shares