Pop culture backer Slash Labs brings crypto credit card to Japan
Japan’s first crypto credit card will appear in 2025 from a Japanese issuer and the company that owns Chiitan Star, the first Mascot Meme coin.
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Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity
The price of Bitcoin has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 led to Bitcoin’s (BTC) highest price level in 13 months, one would expect investors to become…
Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?
Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to Bithumb have been spotted in the last three days alone.By volume, South Korea has a much smaller cryptocurrency exchange market compared to the United States. Yet, South Korea’s cryptocurrency exchanges…
Claims process begins for creditors of liquidated crypto exchange Cryptopia
A claims process for Cryptopia creditors has started following a 2019 hack. 612 Total views 5 Total shares The liquidator of now-defunct cryptocurrency exchange Cryptopia has launched the claims process to reimburse creditors following a 2019 hack.Professional services firm Grant Thornton, Cryptopia’s assigned liquidator, officially announced on Dec. 9 that creditors can now start the…
Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats
Weekly MACD delivered six-month gains of 450% the last time it flipped into bullish territory. 1054 Total views 87 Total shares Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator…
China: Insurance Giant Ping An, Sanya City Gov’t to Build ‘Smart City’ with Blockchain
China’s Ping An Insurance Group, one of the world's largest insurance corporations, and the Sanya municipal government signed a strategic cooperation agreement for “Smart City” construction. The new project will be backed with blockchain tech, artificial intelligence (AI), big data, and cloud computing, the official state run press People’s Daily reported Nov. 14.Ping An Group…
Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
The crypto market continues to search for scaling solutions as decentralized finance (DeFi) applications struggle with surging fees, but some alternative solutions are piquing investors' interest. For example, Nervos Network has enticed investors' appetites with a 341% rally in a month. The project also carries the Chinese government's stamp of approval, further increasing the odds for…
Russia’s largest bank struggles to register its digital asset platform
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry. 404 Total views 22 Total shares Sber, Russia’s largest bank, is apparently struggling to obtain regulatory approval for its digital asset issuance platform as the company continues delaying registration plans.Sber CEO Herman Gref announced Tuesday that the bank…
7 details in the CFTC lawsuit against Binance you may have missed
The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of market manipulation and a lack of compliance effort, the regulator has also accused the exchange of not cooperating with investigative subpoenas and obscuring the location of its executive offices. Binance…