DZ Bank partners with Boerse Stuttgart for crypto trading
The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024.
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India: Sources Claim Central Bank ‘Researching’ Blockchain to Decide ‘What It Can Adopt’
Noises in the Indian media Monday, August 27 suggest the country’s central bank is keen to improve its understanding of cryptocurrency and blockchain, allegedly setting up a dedicated unit a month ago. As Economic Times reports, citing “people familiar with the central bank’s plans,” the unit focuses on “research” of the phenomena, “to check what…
JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge
Bitcoin would serve as a hedge against fluctuations in traditional assets. 2589 Total views 21 Total shares Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in traditional asset classes such as stocks, bonds, and commodities.A small percentage allocation was…
Ethereum ETF decision due in hours as BTC price gets $80K May target
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15 Arrested in China for Allegedly Bribing Internet Cafe to Mine Crypto
Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…
Robinhood turns profitable in Q2, but crypto revenue declines
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. 25 Total views 1 Total shares Robinhood released its second quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the…
Finance Redefined: The slow march forward, March 24–31
Finance Redefined is Cointelegraph's DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday.Editor's NoteThis is one of those weeks where it’s hard to find a central topic for this newsletter. There weren’t any big scandals or releases, more like a slow grind with a few projects launching new features,…
Portuguese national football team launches fan token with Socios
The platform reported the sales of all its fan tokens have generated more $150 million this year. 425 Total views 3 Total shares Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios.In a Thursday announcement from Socios, the platform said it will be dropping tokens for the…
Michael Saylor ups Bitcoin price forecast to $13 million in mega-bullish keynote — Bitcoin 2024
"Triple maxi" Bitcoin bulls could earn a net worth of $214 million by 2045, Saylor said.