European Central Bank is exploring blockchain and MPC technology

The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.

Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after JPEX scandal, Bitget gets a new crypto credit card and more. by Zhiyuan Sun 4 min October 20, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments.

There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and it appears that retail traders are growing more interested in experimenting with these complex instruments. As recently reported by Cointelegraph, there are multiple…

The potential interest rate cut by the United States central bank is apparently one of the reasons for the recent surge of bitcoin (BTC), Deutsche Bank exec Jim Reid said in an interview with CNBC on June 26.Reid, the head of global fundamental credit strategy at Deutsche Bank, stated:“if central banks are gonna be this…

Bitcoin (BTC) now almost perfectly aligns with the historically accurate price chart, which has charted its growth from pennies to digital gold.According to data from Digitalik, a resource that monitors Bitcoin's position relative to the Stock-to-Flow model, as of Jan. 20, BTC/USD is exactly where it should be. $8.6K Bitcoin sticks rigidly to forecastsStock-to-Flow measures the…

Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more crypto-related companies.Here is the past week…

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay. 255 Total views 5 Total shares Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay to allow users to buy the U.S. Dollar-pegged stablecoin Tether…

A supersonic rally in the Axie Infinity market that saw its native token AXS surge by 972% in just 23 days is now risking exhaustion.AXS price Fib fractalThe AXS/USD exchange rate plunged to as low as $16.02 on Monday, four days after topping out at $29.86. In doing so, the pair attempted to neutralize its…