Crypto custodian BitGo enables institutional Bitcoin yield with Core
BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model.
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Oil-Trading Blockchain Platform VAKT Launches With Shell, BP as First Users
Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients, a press release reports Nov. 29.VAKT, which uses JPMorgan’s Quorum blockchain technology to run, has rolled out to BFOET crude participants. The press release reports that energy giants BP, Equinor, Shell, Gunvor and Mercuria are…
Stablecoin growth soars as crypto global mass adoption ramps up
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.
Trump’s CBDC ban to boost crypto adoption, Musk’s dad plans $200M memecoin raise: Finance Redefined
Trump’s executive order may be a “game-changer” for institutional crypto adoption, signaling a presidential bet on the existing crypto ecosystem.
Double top ‘likely’ confirmed — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a key macro week in a weak place as 2023 BTC action begins to look like a “double top.”After a disappointing weekly close below $26,000, BTC/USD is struggling to catch a bid amid a return to low volatility.Analysts, already predicting downside, continue to forecast new local lows, and liquidity conditions are increasingly
State Bank of India joins JPMorgan’s blockchain payments network
A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network Liink. 5902 Total views 16 Total shares The State Bank of India, or SBI, a major Indian government-owned bank, is looking to improve cross-border payments with a blockchain solution by American investment bank JPMorgan Chase.According…
Bitcoin’s Dominance Drops as BTC Price Briefly Dips Below $10K
Saturday, Sept. 21 — crypto markets continued to trade sideways, with the majority of the top 20 coins by market cap seeing losses at publishing time.Market visualization. Source: Coin360Bitcoin dominance continues to slipAfter briefly dipping below the $10,000 threshold, Bitcoin (BTC) has bounced back to trade at $10,041 at press time. The major cryptocurrency is…
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
Libra will initially be pegged to just one fiat currency. 3431 Total views 38 Total shares The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report.Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of…
Terra to burn 1B UST from the community pool as holders vote for it
The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply. 465 Total views 4 Total shares In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, Terra founder Do Kwon explained…