Will $100M BTC price support help Bitcoin avoid a drop to $61K?

Bitcoin (BTC) remains on a strong footing after bears failed to capitalize on the rejection near the psychological mark at $50,000. The recent price rise in Bitcoin has not enticed longer-term investors to part with their holdings and Glassnode data shows that the Bitcoin supply held by long-term holders has hit a new all-time high of 12.69…

Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. 2361 Total views 40 Total shares Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Zain provides mobile voice and data…

Co-founder of Decred believes that the CBDCs could create greater information asymmetries that would benefit ruling elites. 3079 Total views 44 Total shares Decred (DCR) co-founder Jake Yocom-Piatt believes that the emergence of CBDCs will facilitate the growth of crony capitalism. He speculates that if successful, central banks will be able to play favorites without…

The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study.The blockchain analytics firm Chainalysis released two new chapters of its 2023 Geography of Cryptocurrency report on Oct. 18, including its brand

A senior official from Singapore’s de facto central bank said it cannot find potential in payment network Ripple in comments during a conference panel on May 2.Speaking at MIT’s 2019 Business of Blockchain event, Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore (MAS), discussed the city state’s pro-blockchain stance and its progress…

Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering (AML) compliance.New platform for FATF complianceThe integration of Coinfirm’s blockchain-agnostic AML Platform will purportedly streamline Binance’s compliance with the AML rules issued by the Financial Action Task Force (FATF), according to a press release published on Oct. 3.The new…

"The adoption of cryptocurrencies is far from being a gimmick,” said one of the entrepreneurs behind a project developing property on the island. 836 Total views 11 Total shares The more than 5,000 residents of an island that forms a part of St. Vincent and the Grenadines can use crypto as a means of payment.According…

The settlement was reached in July and, if the customers agree, it will go before the court for approval in October. 244 Total views 1 Total shares Bankrupt crypto lender Celsius can start sending out ballots to its customers for a vote on a proposed settlement plan that would see a consortium called Fahrenheit buy…

Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair.