Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more
This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more.
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Bitcoin dominance bounces back to 57% as BTC punches to $104K
Calls for altseason are a little quieter as Bitcoin dominance recovered, surging past $100,000 for the first time in history.

Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian parliament fails to consider legislation. 692 Total views 19 Total shares Own this piece of crypto history Collect this article as NFTStaffers at the Bank of Canada released an analytic note on fiat-referenced…

Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO
The Board of Directors removed Altman on the grounds that he was allegedly ‘not consistently candid in his communications with the board.’ 79 Total views 1 Total shares ChatGPT developer OpenAI has removed founder Sam Altman from its CEO position, according to a November 17 blog post. Chief technology officer Mira Murati will be promoted

Bitcoin ‘Fills’ $11.6K Futures Gap, But Is $10K More Likely Than $15K?
The price of Bitcoin (BTC) has seen a great week with a surge to $11,700. After two months of consolidating inside a range, the price of Bitcoin finally broke through the psychological barrier of $10,000 and currently faces the final hurdle before the bull market can start. Most often, people become bullish once they see green…

SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
Despite reaching a higher total sales volume this month, SuperRare has half as many active collectors buying on the marketplace this month compared to March. 644 Total views 6 Total shares NFT marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end…

BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital currencies (CBDCs) — on July 11. The reports reached very different conclusions about the related technologies.The BISIH report on crypto is…

Binance’s US arm joins Chicago DeFi alliance
Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange, has entered a major organization focused on decentralized finance, or DeFi.According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund Volt…

Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. 244 Total views 7 Total shares