Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024
Switzerland’s Crypto Valley reached $593 billion in valuation with 17 unicorns in 2024, capturing 29% of European blockchain funding and showing significant growth.
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French Stock Market Regulator Issues Warning About Crypto-Related Firm
The Autorité des marchés financiers (AMF) has warned the public about a firm offering training courses and software for trading cryptocurrency and investing in forex markets, according to an announcement published on April 9.The AMF — the stock market regulator in France — has issued a warning regarding the operation of Kuvera LLC(1)/Kuvera France, which…
FSB wants more data to measure risks of Bitcoin, stablecoins, DeFi
Crypto market data reporting needs global standards to enable proper risk assessment, the FSB declared. 320 Total views 15 Total shares The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies.Published on Wednesday, the 30-page study…
Two builders produce 88% of Ethereum blocks in October, raising concerns
Some analysts don’t see this as a centralization concern due to the Ethereum network’s underlying builder-proposer architecture.
SBF met with Biden’s senior advisors 2 months before FTX collapse: Report
The FTX founder met with senior White House officials at least four times in 2022. 200 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX CEO Sam Bankman-Fried met with government officials at the White House on at least four separate occasions in 2022, one of which reportedly…
Bitcoin price dips 3% as liquidity hunt follows $4.6B MicroStrategy buy
Bitcoin appears to react to news that MicroStrategy went on a giant BTC buying spree last week.
St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value
The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank of St. Louis and published on Jan. 11.The report cites two perspectives: Bitcoin bulls’ belief that the capped supply and increased demand will…
Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to sell risky assets in fear of a recession. Due to its tight correlation with US equities markets, Bitcoin (BTC) has remained…
Square Bitcoin Revenue Success Contrasts Profit Warnings After Record Q4 Results
United States-based payment platform Square reported $166 million in annual Bitcoin (BTC) revenue for 2018, data from its annual earnings report published Feb. 27 confirms.Square, which shares its CEO Jack Dorsey with Twitter, achieved just over $52 million in Bitcoin sales for Q4, surpassing Q3 by $9 million and Q2 by more than $15 million.Clear…