Crypto execs plan Trump inauguration attendance — at a steep price
Some industry insiders who spent millions to support the US president-elect’s party and fund his inauguration will likely have a good view of the Capitol Building on Jan. 20.
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Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX ‘blip’
Bitcoin (BTC) is now further than ever from its target price according to the Stock-to-Flow (S2F) model.The latest data shows that BTC/USD has deviated from planned price growth to an extent never seen before.Stock-to-Flow sets grim new recordWith BTC price suppression ongoing in light of the FTX scandal, an already bearish trend has only strengthened.This…
Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’
Goldman Sachs Chief Financial Officer (CFO) Martin Chavez said that recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news,” CNBC reported September 6.At the TechCrunch Disrupt Conference in San Francisco, Chavez reportedly said that reports about the company’s intentions for a crypto trading desk were unfounded:"I never…
MicroStrategy overtakes Microsoft in all-time stock gains as Bitcoin bet pays off
MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period.
Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY).Fireblocks, which provides an institutional-grade platform for secure transfer of blockchain-based digital assets, received the Service Organization Control (SOC) 2 Type II certification performed by EY, the firm said in a press…
Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin
Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21.Tether to issue a renminbi-pegged stablecoinBitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator behind leading stablecoin USDT — plans to issue a new stablecoin in the near future. The stablecoin in question would…
Bitcoin selling at 36% premium in Nigeria
In the wake of the recent ban on Nigerian banks' servicing of crypto exchanges, Bitcoin's price in the country has seemingly spun out of control. 4280 Total views 23 Total shares It's been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the…
Grayscale to launch US XRP trust, paving way for potential ETF
Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission.
Crypto community expresses Christmas market sentiments: ‘No Santa rally’
A community member pointed out that the lack of movements may be because of the controversies surrounding centralized exchanges. 230 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTTraders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the…