Crypto investment products see $584M outflow as Bitcoin descends to $60K
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
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Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more
The nonfungible token (NFT) marketplace for American video game retailer GameStop has officially gone live on Ethereum (ETH) layer 2 blockchain ImmutableX, all part of the latest Web3 push from the gaming retailer. The pair first partnered in February to build the marketplace offering a $100 million grant for NFT content creators and tech developers before…
Mt. Gox-labeled wallets move billions in Bitcoin amid hopes of payback
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet.
Newlyweds lose funds in FTX exchange a day after their wedding
“We could not sleep properly for a few days,” said Jaime Zulueta, as he told Cointelegraph the story of how he and his wife dealt with losing their funds at FTX. 1203 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTWhile it’s undeniable that companies were significantly affected…
Axe reveals limited run of Dogecoin-themed body spray
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Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout.Glassnode’s analysis of Uniswap and futures trading volumes reveals that the uptrend that began in the first quarter of…
BTC price faces crucial trend battle as Bitcoin RSI confirms breakout
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CBDC frameworks must guard user privacy, monetary freedom — BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom. 281 Total views 10 Total shares Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according
German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets.Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application programming interface (API)-accessible platform, which gives access to the full range of solarisBank’s digital white-label banking services.No need to apply for…