Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
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JPM Coin debut marks start of blockchain’s value-driven adoption cycle
On the heels of PayPal announcing its decision to enter the crypto sector early next year, Bitcoin (BTC) has continued its strong performance and has been hovering around the $13,500 mark for nearly a week now. In this regard, the payment giant’s foray into the crypto market has been hailed as a game changer, especially…

Coinbase applies to trade crypto futures
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. 1303 Total views 31 Total shares Top U.S. crypto exchange Coinbase has submitted an application to become a registered Futures Commission Merchant (FCM) with the National Futures Association (NFA).Details…

Solana said to be ‘more decentralized than people think,’ but there’s more
Unstoppable Finance argued that Solana’s validator count and Nakamoto coefficient are higher than other blockchains, making it more decentralized. 77 Total views 8 Total shares Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain…

Research Suggests STOs Are Better at Financing Startups than ICOs
Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs. 1392 Total views 23 Total shares Thomas Lambert, Daniel Liebau, and Peter Roosenboom from the Rotterdam School of Management suggest that Security Token Offerings are better at financing start-ups than Initial Coin Offerings. Their research was published on…

Guggenheim says institutional demand not enough to keep BTC above $30K
Guggenheim CIO Scott Minerd has made another bearish prediction for short term Bitcoin prices. 250 Total views 2 Total shares Guggenheim’s Scott Minerd has come out with another gloomy price outlook for Bitcoin stating that there is not enough institutional demand to keep the asset over $30,000.The chief investment officer of the financial services firm…

BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent’
Bitcoin's network effect has forced traditional financiers to change their tune on the digital currency. 4073 Total views 40 Total shares A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital…

Binance Adds Nigerian Naira Fiat Trading Pair, Opens Deposits
Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24.Binance adds three new NGN trading pairsPer the announcement, NGN deposits will be processed by online payments processor Flutterwave and the exchange is also adding three new trading pairs: USD/NGN, Binance Coin/NGN and Bitcoin/NGN.To promote the use of…

Survey reveals high penetration and adoption of crypto in Saudi Arabia
Saudi Arabia is a significant market for digital currencies with the country's favorable regulatory climate, large consumer base and increasing interest in cryptocurrencies, a new KuCoin survey says. 171 Total views 13 Total shares The high degree of penetration and adoption of crypto in Saudi Arabia makes it an important market for digital currencies, demonstrating…