US Fed rate cut could push Bitcoin down 20%: Analysts
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.
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Coinbase Wallet Users Can Now Back Up Their Private Keys on Google Drive and iCloud. How Safe Is It?
On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud.The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem skeptical about the idea of storing private keys on…
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.
US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next
The chairman of the United States Commodity Futures Trading Commission (CFTC) believes Ether (ETH) is a commodity — and that ETH futures trading is becoming a reality.Heath Tarbert, who overtook J. Christopher Giancarlo in July, revealed his stance toward cryptocurrencies and forked coins at the All Markets Summit on Oct. 10, Yahoo Finance reports.First CFTC guidance on EtherWhile the CFTC…
Chainlink Partners With State of Colorado to Help Create A New Lottery Game
Chainlink and the Colorado State Lottery have partnered on a hackathon with the goal of creating new games to generate $1 billion in future revenues from its lottery. 224 Total views 2 Total shares Chainlink (LINK) and the State of Colorado have partnered on a hackathon with the goal of creating a new lottery game.…
ApeCoin integrates with Polygon amid NFT mint backlash and speculation
ApeCoin DAO board member Yat Siu said that there is currently "no discussion" regarding an exclusive chain for APE. 258 Total views 3 Total shares ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for…
Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030
The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030.“Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and challenges that must be considered…
Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million. 489 Total views 3 Total shares The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.In a Nov. 17…
‘Proof of Reserve’ bill passes in Texas House of Representatives
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital. 180 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Texas House of Representatives approved a bill that would require crypto exchanges to maintain reserves “in an amount sufficient to fulfill…