Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer 2.
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Bank of England sees CBDCs as a revolution for the future of money
The Bank of England estimates that 20% of retail and consumer deposits could potentially move toward CBDCs. 255 Total views 1 Total shares In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answer questions from lawmakers from the Economic Affairs Committee. When asked…

Bitcoin Steady Above $9.2K as ‘Volatility Collapse’ Predicts Big Move
Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future.Cryptocurrency market daily overview. Source: Coin360“Much bigger” BTC price move could come this weekData from Coin360 shows BTC/USD down 1.6% on the day, circling $9,250 after a sudden dip saw markets bounce off $9,200.That level…

MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says
Even a nominal investment from insurance firms and pension funds could be significant for Bitcoin. 1548 Total views 13 Total shares MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan.In an investor note on Dec. 11, JPMorgan strategists including Nikolaos…

America’s fifth-largest bank launches crypto custody service — Report
U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive. U.S. Bank, the fifth-largest retail bank in the United States, announced Tuesday that it is launching a cryptocurrency custody service for institutional investors, potentially setting the stage for wider mainstream acceptance of digital assets.As CNBC reported, U.S.…

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K
Early BTC miners with the foresight to hodl have now become millionaires. 4099 Total views 19 Total shares Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week…

U.S. Trustee: FTX was the ‘fastest’ corporate failure in American history, calls for probe
The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the "fastest big corporate failure in American history," and is calling for an independent probe to look into its downfall. In a Dec. 1 motion, U.S. Trustee Andrew Vara noted that over the course of eight days in November, debtors "suffered a…

Festive, Free Automated Trading Bot Can Be Set Up in 10 Minutes
A cloud trading software platform argues the public has the chance to take advantage of volatility in the cryptocurrency marketplace through automated trading – “maximizing their opportunities” and enabling their assets to appreciate.Trade Santa says its cloud software platform is designed to automate simple strategies relied upon by thousands of traders around the world. Its…

Bitcoin price sees new 2023 high as CPI sends BTC price above $26K
Bitcoin sees a major new lift-off thanks to CPI numbers conforming to expectations — reducing the chances of the Fed tightening financial conditions. 2960 Total views 9 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) spiked above $26,000 on March 14 as United States Consumer Price Index (CPI) data…