Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper. 137 Total views 2 Total shares The U.S. Federal Reserve is opening comments to the public after releasing a discussion paper on the pros and cons of a potential central bank digital currency.In…

Diamonds may be a girl’s best friend, but unfortunately, the billion-dollar diamond industry is rife with scandal and fraud. There have been a number of cases where lab-grown diamonds have been graded as natural diamonds. An example of this was seen last year when the International Gemological Institute analyzed and graded a 6.18ct lab-grown diamond,…

Crypto exchange Bitfinex shareholder Zhao Dong has reportedly revealed that the exchange has sealed $1 billion in both hard and soft commitments for its initial native exchange token offering. The news was reported by crypto news outlet Coindesk on May 9.As previously reported, plans to issue a native Bitfinex exchange token first surfaced in late…

Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets.

Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13.A spokesman of the Energy Ministry announced the bounty program during an interview with local news outlet IRIB News, while illustrating the new electricity pricing mechanism for miners.Mostafa Rajabi, the spokesman in…

The world’s largest crypto exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely. The announcement of the United States Securities and Exchange Commission suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC’s focus on the…

Bitcoin odds are "repricing quickly," says Skew as one analyst highlights the current price pump's "organic" nature. Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows.According to data from on-chain analytics resource Skew, as of Oct. 22, Bitcoin options were moving in favor of…

The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s vice president of Europe. 431 Total views 5 Total shares Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of…

BlackRock, a multinational investment company, shocked many in the cryptocurrency industry in June when it filed an application for an exchange-traded fund (ETF), the iShares Bitcoin Trust. It’s seeking to overcome 10-year-long opposition from United States regulators to cryptocurrency ETFs. A spot Bitcoin ETF would be tradable on a traditional stock exchange and track with…