Harris campaign’s alleged crypto reset questioned amid Fed's bank action
Critics argue that the Fed’s actions represent a significant overreach and could stifle innovation in the rapidly growing cryptocurrency sector.
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Price Analysis Dec 13: BTC, Cryptos Prepare for Possible ‘Santa Rally’
Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase as a positive sign, as it shows large investors have been accumulating Bitcoin during its bear phase. There is, however, no major change in the…
Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher
In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the 'Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added to the exchange and begin trading on March 11 has proven that the Coinbase…
Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations. 69 Total views 1 Total shares Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part of its efforts to comply with regulations.According to a
Seven times that US regulators stepped into crypto in 2020
As digital assets made strides toward mainstream status in 2020, the guardians of the incumbent financial system have been working hard to minimize disruption caused by their integration. In the U.S., regulatory and law enforcement interventions throughout the year have left some projects out of business, empowered traditional players to take a closer look at…
Bitcoin spikes above $40K as Russia sees ‘positive shifts’ in Ukraine war dialogue
Bitcoin shows its penchant for peace once again as hope of a quicker end to hostilities sends BTC price action over $40,000. 811 Total views 3 Total shares Bitcoin (BTC) saw instant volatility on March 11 amid hope that the Russia-Ukraine conflict could find a diplomatic solution.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHope rises —…
Russian parliament passes digital ruble bill
The legislation will now move to the upper chamber of the Russian Federal Assembly and, if passed, to the president’s desk. 368 Total views 1 Total shares Russia’s central bank digital currency (CBDC) project, the digital ruble, has taken a step closer to reality. On July 11, the lower chamber of the Federal Assembly of…
Goldman Sachs reportedly eyes crypto derivatives markets with FTX integration
FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players. 264 Total views 3 Total shares Goldman Sachs, one of the leading investment banks in the United States is reportedly trying to onboard…
Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid
Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19.KEPCO is a $15.9 billion market cap corporation in which the South Korean government and state-controlled bank hold a majority stake; it has a “virtual monopoly”…