Chamber of Progress says Biden can ‘still win’ on crypto against Trump
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation.
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Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto
In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up with the change of the times.The banks, however, are not looking into an…
Concern as Uniswap-backed ‘DeFi Education Fund’ dumps $10M worth of UNI
The controversial Uniswap-funded DeFi Education Fund has liquidated half of its donated funding into stablecoins, attracting condemnation from many in the crypto community.On June 12, the fund tweeted that it was selling 500,000 UNI to Genesis Trading for 10.2 million USDC in an over-the-counter (OTC) trade, despite the Uniswap proposal for the fund indicating it…
Commonwealth Bank of Australia recognizes risks in missing out on crypto
“We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play. 248 Total views 25 Total shares Matt Comyn, the CEO of the Commonwealth Bank of Australia (CBA), said that the bank is more concerned about the risks of missing out…
Donald Trump Just ‘Advertised’ Bitcoin After Fed Creates $6 Trillion
Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar.In a press conference quoted by various Twitter commentators, including Blockstream CSO, Samson Mow, Trump defended the Federal Reserve printing more than $6 trillion.Trump: the dollar is “our money, our currency”“The beautiful…
Crypto options are turning mainstream
Despite ongoing vaccination efforts and pandemic aid, the world’s economy looks remarkably different than it did over a year ago. The new financial landscape and continued uncertainty have accelerated the shift away from traditional financial institutions.As the economy attempts to roar into high gear from a standing start, the world of cryptocurrency has taken to…
FTX CEO says he is exploring rebooting the exchange: Report
FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm's reported liquidity crunch in November. 129 Total views 1 Total shares Own this piece of history Collect this article as an NFTJohn Ray, who took over as CEO of cryptocurrency exchange FTX prior…
Bitcoin Breaks $10,000 for First Time Since March 2018
Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year.Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year.Bitcoin’s recent price rally has seen commentators like Fundstrat’s Tom Lee…
Cryptocurrency Price Trends Could Signal End of Bear Market, Says Binance Research
Bitcoin (BTC) prices and altcoin prices could have already hit their lowest point, new analysis from cryptocurrency exchange Binance concluded on April 11.In the latest edition of its research bulletins, the exchange’s dedicated analytics arm, Binance Research, investigated various current phenomena and trends within cryptocurrency markets.Among them was correlation between Bitcoin and altcoin prices, data…