Cathie Wood’s vote is cementing Trump as a ‘pro-innovation’ crypto-friendly candidate
Trump’s potential reelection could mean more crypto-friendly regulation that could boost mainstream adoption.
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‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cointelegraph Markets Pro and TradingView showed BTC/USD plumbing lows of $29,731 on Bitstamp.The first trip under the $30,000 mark since July 2021, overnight…
ProShares prepares to launch unique Short Ether Strategy ETF
ProShares' SETH ETF will start trading soon, following the first Ethereum futures ETFs by about two weeks. 146 Total views 2 Total shares ProShares introduced a trio of Ethereum futures ETFs in the recent weeks. Presently, the company is gearing up to provide a distinctive offering.ProShares' Short Ether Strategy ETF (SETH) from the fund group
Ripple Settlements Are Coming to Japanese ATMs
SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs. 1801 Total views 53 Total shares Ripple partner and investor, SBI Holdings, announced plans to integrate Ripple-powered settlements across ATMs in Japan.The news was revealed in SBI’s latest financial report, announcing a plan to integrate the Ripple-powered settlements platform MoneyTap with ATMs run by various…
Singaporean megabank DBS works on expanding Bitcoin trading to retail
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors. 263 Total views 33 Total shares DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, according to the CEO.DBS Bank CEO Piyush Gupta spoke of the bank’s cryptocurrency business…
Singapore regulatory sandbox lacks qualified crypto payment providers
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy. 58 Total views 2 Total shares The Monetary Authority of Singapore (MAS) has said that no businesses have qualified to participate in the FinTech
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.On July 29, the WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50. It now appears stuck inside the $2–2.50 trading range, hinting at a growing bias conflict in the market.WLD/USD…
Central Bank Digital Currencies and Their Role in the Financial System
Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies.The term CBDC is broad because its implementation involves several critical decisions on the part of an issuing central bank. The primary decision is whether a CBDC…
Survey Respondents Are Split 50/50 Between Bitcoin & Big Banks
The proportion of people who trust big banks has fallen drastically since 2017, while the support for Bitcoin has exploded — millennials lead the way. 1020 Total views 49 Total shares The survey results are in — there is almost an equal split on the issue of trust: Bitcoin (BTC) or big banks. There has…