Why Bitcoin may be boosted by a European Central Bank rate cut
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.
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Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs
Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority…
Dallas Mavericks Become Second NBA Team to Accept Bitcoin
The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise.A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13. Mavs’ billionaire owner is a crypto enthusiastCryptocurrency adoption has been on the horizon for the Mavs since early last year, when…
Galaxy Digital Gains Approval to Underwrite Public Securities Offerings
Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts as a self-regulatory body for member…
Total Crypto Derivatives Volume in Q1 2020 Spikes 314% from Q4 2019’s Average
Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. 1616 Total views 40 Total shares A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average.According…
Gary Gensler is hurting the little guys for Wall Street
Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three Arrows Capital to the fraud at FTX — were bound to bring some scrutiny, and the industry has always been too hospitable to blatant…
SPS discusses challenges of building GameFi amid crypto winter
Despite tough times for the industry, the blockchain MOBA game reached 200,000 downloads after just two months. 133 Total views 1 Total shares Own this piece of history Collect this article as an NFTAmid a drastic decline in coin prices, shifting player behavior and hard-to-maintain tokenomics, it’s been a difficult year for many GameFi developers.…
Diginex’s Equos Set To Become First Crypto Exchange Listed in US
An upcoming merger is slated to see Diginex’s newly launched Equos exchange become the first crypto trading platform listed in the United States. 542 Total views 8 Total shares Blockchain-powered financial services company Diginex launched its new Equos digital asset exchange on July 30.The exchange will initially host crypto asset spot trading, with plans for…
The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
Brown Rudnick has worked for the country since March, but the nation's potentially increasing role in the case requires it to register in the United States as a foreign agent. 140 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe Bahamas will have legal representation in the unfolding FTX…