Muted demand for long-dated US Treasurys raises alarm — Is Bitcoin at risk?
The US Dollar Index fell to a 70-day low, but is this bullish or bearish for Bitcoin price?
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FTX debacle sees Nansen take stock of major exchange onchain holdings
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse. 623 Total views 6 Total shares The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management.Major cryptocurrency…

Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges
Former director and promoter of the notorious Bitconnect Ponzi scheme, Glenn Arcaro, has pled guilty to fraud charges related to his role in the now-defunct crypto exchange and lending platformHe has been ordered to pay back $24 million to investors.In a parallel action in the long-running saga the United States Securities and Exchange Commission (SEC)…

Ethereum set to become first blockchain to settle $1 trillion in one year
The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year. 495 Total views 2 Total shares The third-quarter decentralized finance (DeFi) boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC).According to crypto market…

Dapp for Diem blockchain partners with Polkadot infrastructure provider
Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.” The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode.In a Friday announcement, the Pontem Network said it would be working with Pinknode…

The Metaverse will bring unbridled evolution to NFTs
Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a gimmick. The metaverse will change that.There’s always a tipping point when new technologies go from incomprehensible fringe interest to, suddenly, part of life. That point usually comes from the confluence of a number…

Bank profits at risk from potential CBDC transformation of global economy: Moody’s
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking. 170 Total views 7 Total shares Own this piece of history Collect this article as an NFTEmerging central bank digital currency (CBDC) cross-border transaction technology could transform the global economy by providing faster, cheaper…

Securitize issues tokenized assets in Spain, plans September trading start
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime. Digital asset trading platform Securitize has begun tokenizing equity in the Spanish real estate investment trust Mancipi Partners, it announced on June 27.…

Bitcoin set for ‘insane long opportunities’ as it enters price discovery: Traders
Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader.