President Biden thanks Nigerian President for Binance exec’s release
A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February.
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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. 247 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe value proposition of Bitcoin (BTC) is on full display amid the current banking crisis,…
Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different
Bitcoin (BTC) failed to break $20,000 despite a new weekly high on Oct. 18 as market watchers waited for action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin meanders as stocks climbData from Cointelegraph Markets Pro and TradingView showed BTC/USD defying volatility once again on the day.The pair stayed noticeably stable despite stronger moves for United States…
Report: Rwandan Central Bank Looks to Issue Official Digital Currency
Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency.BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase remarked…
Bitcoin takes liquidity near $17K as US dollar shows weakness pre-CPI
BTC price action targets $17,000 amid gently increasing volatility, with a week to go until U.S. inflation data. 261 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTBitcoin (BTC) ranged below $17,000 at the Dec. 8 Wall Street open as the U.S. dollar threatened further weakness.BTC/USD 1-hour candle…
Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report
Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform. 434 Total views 4 Total shares Brazilian bank Itau Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4.Itau, the largest bank by assets
Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses
Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses. 120 Total views 2 Total shares Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated Three Arrows Capital (3AC).The insolvency and subsequent liquidation…
6 Questions for Wes Levitt of Theta Labs
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Wes Levitt, head of strategy at Theta Labs.At Theta Labs, Wes works on corporate strategy, marketing and press relations,…
NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter
NFTs recorded a weekly sales volume of $158 million, showing a strong weekly performance compared to the start of November.