Bitcoin’s 'Coinbase premium' returns as BTC price heads for best September ever

Bitcoin (BTC) headed toward the upper end of its trading range on June 24 as optimism crept back into traders’ forecasts.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price "ready for $23,000"Data from Cointelegraph Markets Pro and TradingView tracked a broadly stable BTC/USD as it hit local highs of $21,425 on Bitstamp.The pair had shifted higher…

One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. 481 Total views 3 Total shares The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia.Ukraine’s central bank on Nov. 28 released a statement…

Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms. 502 Total views 7 Total shares Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. The funding round was…

Cryptocurrency forensics and analysis firm Elliptic has tied about $400 million worth XRP tokens to illegal transactions.In a press release published on Nov. 20, the firm indicated that “the $400m of illicit activity identified by Elliptic represents less than 0.2% of total XRP transactions, demonstrating that the vast majority of activity is legitimate.”Elliptic began analyzing…

From more non-custodial liquid staking services to more privacy-focused projects, the community shared what they want for the future of DeFi. 277 Total views 7 Total shares While the broader crypto market is on a downward spiral and social media is plagued with fears and complaints, some are choosing to focus on the decentralized finance…

Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being.

The licensed financial institutions would be required to verify the identities of all customers. 435 Total views 1 Total shares Under new rules from the Central Bank of the United Arab Emirates (CBUAE), licensed financial institutions (LFIs) would be required to verify the identities of all customers. The update will come into effect “within a…

Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding:“However, the previous plunge of Bitcoin together with traditional financial markets is due to a liquidity…

The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong.