Ripple gets in-principle nod for digital asset services in Singapore
Ripple says the "in principle" approval will help scale its "On-Demand Liquidity," the service it uses to source XRP liquidity to customers.
Posts published on June 21, 2023 go to media archive 1/4
Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a…
Banking is ‘slowly dying’ — Former TradFi execs on reasons for joining crypto
Cointelegraph spoke to former senior executives in traditional finance who've made the move to crypto. Would they ever go back?
MATIC Price Prediction: Polygon Signals Recovery To $0.75
MATIC price is recovering from the $0.55 support zone. Polygon might rise further toward the $0.725 and $0.750 resistance levels. MATIC price is attempting a recovery wave above the $0.60 resistance against the US dollar. The price is trading above…
Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet
With fresh funding under its belt, a new zkEVM is set to go to testnet in August, allowing developers to write in any EVM-compatible language on Starknet.
HSBC, Mastercard File More Crypto-Related Trademark Applications
HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses…
Ethereum Price Follows Bitcoin and $2,000 Seems Imminent
Ethereum price is rallying above $1,850 against the US Dollar. ETH is clearly following Bitcoin’s rally and might soon test the $2,000 resistance zone. Ethereum is moving higher above the $1,850 and $1,880 resistance levels. The price is trading…
Bitcoin Bulls Keep Pushing, Why Rally Isn’t Over Yet
Bitcoin price is surging above $30,000. BTC is up over 10% and it seems like the bulls are not done yet and might be aiming for a move to $32,000. Bitcoin is gaining pace above the $30,000 resistance. The price is trading above $29,500 and the 100…
'The Great Accumulation' of Bitcoin has begun, says Gemini's Winklevoss
With spot Bitcoin ETFs filings helping boost the price of Bitcoin, some suggest the “window to front-run institutional demand is closing.”
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may enduring "a crisis of confidence," but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies.
Atomic Wallet gives major update on hack but questions remain unanswered
The statement is the first major update from the wallet provider since the exploit in early June, but users are still in the dark about the actual cause.
Federal Reserve Chairman Says Crypto Appears to Have Staying Power in US Economy
Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing…
Dogecoin Signal Bullish Momentum On Daily Chart, What’s Next?
Dogecoin emerged as a highly popular cryptocurrency, originating from the world of internet memes. Despite its initially modest beginnings and relatively low value, it has amassed a large and enthusiastic community of followers. Dogecoin has gained…
Fantom (FTM) Shows Resilience, Gains 15% In A Single Day
Fantom (FTM) has been underperforming in the past few months, shedding virtually all the profits gained at the beginning of the year. However, the bulls seem to be back in control, as the cryptocurrency price indicates increased buying pressure…
Immutable’s Gods Unchained launches on Epic Games Store
The trading card game, which features NFT cards, will now be available to Epic Games’ 230 million customers.
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase…
Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter
Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting…
Bitcoin Faces Tough Resistance At $30,000 – Can It Overcome The Hurdle?
Bitcoin (BTC), the largest cryptocurrency in the market, has demonstrated a strong shift in investor sentiment. Over the past 24 hours, BTC has surged by an impressive 9%, currently trading at $29,300. However, Bitcoin still faces significant…
Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs
The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.
Gold to $2,100 — Investment Management Firm Says Gold to Be Key Instrument in New Financial Order
Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management…
Apocalypse FedNow
“It would be a mistake to leave the Fed with a weak role of stablecoins.” - Jerome Powell, June 21, 2023On the longest day of the year, Fed Chair Jerome Powell took to the podium to testify before congress and the House Financial Services…
Valkyrie Investments Joins Flurry Of Firms Filing For Spot Bitcoin ETFs
Amidst a surge of activity within the ETF space, Valkyrie Investments has made significant moves to establish its presence once again. A Delaware-based subsidiary of Valkyrie Investments Inc. has filed an updated spot ETF proposal, altering the…
“Yes, This Is A Bull Market” Expert Explains Why Bitcoin Will Outperform Tesla’s +162%
Bitcoin is finally showing some green over the past week as the cryptocurrency rose from the mid-area of its current levels. The number one crypto by market cap seems poised to extend its rally, can it finally break from its current range? As of…
Reviewing the Tether Documents
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown…
A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF
Hint: It has to do with making money.
Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.
Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products
While Raft is centered around its R stablecoin backed by Lido’s stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the protocol
Bitcoin think tank rejects science behind ‘limited adoption problem’ paper
The researchers claim the ideas driving the conclusions found in the original paper were based on flawed assumptions about the nature of Bitcoin.