Kraken considers dropping USDT in Europe ahead of new regulations

Bitcoin has broken record levels against at least nine world currencies as its USD price marches toward $20,000. 219 Total views 2 Total shares Bitcoin (BTC) is just a few thousand dollars from its all-time high near $20,000 USD. While much of the crypto industry watches Bitcoin’s price action in U.S. dollar terms, however, BTC…

The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic.The bulletin published by the BIS, a 600-member international financial institution representing the central banks of 60 countries, urges central banks to consider developing CBDCs in light of concerns regarding the…

Bank Account Based Blockchain (BABB) and CryptoAM.io have launched a fundraising initiative on March 31 to help vulnerable and elderly people living in Canary Wharf, Poplar and the Isle of Dogs in London, United Kingdom.According to the announcement, BABB’s native cryptocurrency utility token, BAX, is the parent of the project, where transactions will be made…

Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success and balance across global systems.Geopolitical agitations, the war in Ukraine and elsewhere,…

An unusual phenomenon called 'backwardation' is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25. The fixed-month contracts usually trade at a slight premium, indicating that sellers request more money to withhold settlement longer. Futures should also trade at a 5% to 15% annualized premium on healthy markets, in…

Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a 28.5% increase from the July 13 swing low at $18,900.According to Yahoo Finance, on July 19, Bank of America published…

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. 260 Total views 3 Total shares Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg JPMorgan conducted a…

Bitcoin (BTC) starts a new week at comfortable highs as traders square off over BTC price action to come.As macroeconomic uncertainty continues to grow, Bitcoin is cementing its new trading zone above $30,000.The highest weekly close since early May 2022 is the latest achievement for bulls, and so far, bid support has allowed the market

The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. 52 Total views 4 Total shares Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team.Coinbase