Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
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Crypto exchange grace period to remain unchanged in Hong Kong despite scandals
The recent JPEX and Hounax exchange scandals have resulted in losses exceeding $100 million. 354 Total views 3 Total shares A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission
Russian central bank registers nation’s first digital asset manager
In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms. 145 Total views 10 Total shares The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.According to the announcement, the Bank of Russia…
New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card
Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR).By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21.Launched in…
JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge
Bitcoin would serve as a hedge against fluctuations in traditional assets. 2589 Total views 21 Total shares Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in traditional asset classes such as stocks, bonds, and commodities.A small percentage allocation was…
Google Cloud ramps up blockchain efforts by launching digital assets team
The New Google Cloud team aims to accelerate customers' efforts in the emerging blockchain and crypto spaces, a blog post explained. 118 Total views 17 Total shares Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement…
Bitcoin price to $62K? Bearish div hints at a slow start to Uptober
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.
Bitcoin consolidates after $40K surge as analyst eyes weekly higher low for BTC price
Bitcoin (BTC) began a nervous weekend at around $39,000 on Feb. 26 after an overnight spike briefly saw $40,000 return.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks gains but crypto "fear" pervadesData from Cointelegraph Markets Pro and TradingView revealed calmer conditions for BTC/USD Saturday after overnight volatility saw highs of $40,330 on Bitstamp.With traditional markets closed, the…
Cristiano Ronaldo unveils 4th NFT collection with Binance despite $1B lawsuit
The collection will launch on 29 May with fixed pricing across most items.