Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year.
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Shiden secures third parachain slot on Kusama
The canary project of Polkadot-based multi-chain DApp hub Astar Network has won Kusama’s third parachain auction. Shiden, the sister-project of leading Polkadot-native layer-two decentralized app hub, Astar Network (formerly Plasm Network), has won the third parachain auction for Polkadot’s experimental sister-network, Kusama.Shiden secured the slot with a total of 137,020 KSM tokens bonded — worth…
BIS Economist Proposes DLT-Based Financial Market Monitoring
An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distributed ledger technology (DLT).In a recently released working paper, economist Raphael Auer made the case for so-called embedded supervision, which would automatically monitor tokenized markets. This would purportedly eliminate the need for the collection, verification and delivery…
Report: South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume
Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published Thursday, Dec. 6.The November edition of CCCAGG, a monthly crypto exchange review published by CryptoCompare, shows that South Korean exchanges, including Bithumb, Coinone, Korbit…
The Need to Report Carbon Emissions Amid the Coronavirus Pandemic
JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of other financial institutions and endowments that…
Chinese Police Arrest 12 Fake ‘Huobi Officials’
Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. 680 Total views 21 Total shares Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website.As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in…
Oslo Freedom Forum: The best Bitcoin conference that isn’t about Bitcoin
If I had to choose one Bitcoin conference to attend, it would be the Oslo Freedom Forum — and it's technically not even about Bitcoin.
Bitcoin is pinned below $65K but several market structure-altering factors are at play
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.
What Bitcoin price levels will invalidate the short-term bearish scenario?
The price of Bitcoin (BTC) is continuing to range between $48,000 and $51,000, unable to break out of the $51,600 resistance level.If Bitcoin struggles to surpass the $51,600 resistance area in the near term, technical analysts say the probability of a correction rises.BTC/USDT 4-hour price chart (Binance). Source: TradingView$51,600 is the key level to watchAccording…