Posts published on June 22, 2023 go to media archive 2/4
Why LINK Is Poised To Outperform Altcoins Sector, Analyst Sets Target For $10
The crypto market keeps scoring profits over today’s trading session as Chainlink (LINK), and others follow in the footsteps of Bitcoin’s rally. The green season could start, but which altcoin will prevail in the race? One analyst shared a theory…
Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry
News of regulatory enforcement against the crypto sector fell by the wayside as the Bitcoin price rallied above $30,000, and options data suggests the trend will continue.
Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data
A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.
It’s Game On for Web3: How Gaming Will Onboard a Billion People
While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. Gamers are already familiar with virtual currency and…
Engaging the Masses: How Entertainment is Taking Web3 Mainstream
From creating rich NFT ecosystems to integrating crypto payments into existing models, entertainment giants, talent agencies and creative networks continue to find new ways to organically weave in Web3.
Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption
The conversation around NFTs has shifted from speculation to utility. Now, major players have opted to use NFTs to power loyalty, membership and ticketing services, signaling positive signs for mass adoption.
Bitcoin’s Average Transfer Fee Surged 92% in 4 Days With More Than 330,000 Unconfirmed Transactions in the Backlog
With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain is 0.00012 BTC or $3.54 per transaction. Moreover, since June 18, 2023, average fees…
Bitcoin breaks $30,000 and is the center of attention again!
Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s episode of Market Talks.
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock's views on KYC will likely carry weight in the ongoing struggle for regulation on the industry, given its ETF application.
Uniswap Faces Backlash Over Business Source License Imposed On v4 Code
Uniswap, the top decentralized exchange (DEX) in the Decentralized Finance (DeFi) space, has come under fire from developers after imposing a Business Source License (BSL) on its v4 code. According to a report by DL News, this move has restricted…
TrueUSD assures users it has no exposure to troubled Prime Trust
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.
Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.
Banning crypto ‘may not be effective in the long run’ — IMF
After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.
Expert Analysis: IMF Documents And XC Platform Raise Concerns For XRP
The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC…
New LDK Node Library Simplifies Self-Custodial Lightning Nodes For Mobile Apps
LDK Node, a new Lightning node library, has been announced, offering developers a simplified and ready-to-go solution for setting up a self-custodial Lightning node. Built using LDK and BDK, LDK Node provides a straightforward interface and an…
Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies
In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the…
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well.
Shiba Inu Becomes 14th Largest Cryptocurrency As Bull Rally Heats Up
Shiba Inu has been able to reclaim its position as the 14th largest cryptocurrency in the market following a tremendous run. The meme coin has mirrored the general market sentiment and has been able to embark on an upward rally that has seen it…
Google launches ‘Anti Money Laundering AI’ after successful HSBC trial
Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale.
Brian Armstrong Envisions Coinbase to Eventually Become a 'Super-App'
Coinbase will look more like Tencent's WeChat than the simpler crypto exchange interface of today, Armstrong said.
Bitcoin.com News Is the Best Place to Advertise Your Crypto Project
If you are looking for a way to promote your crypto project to a large and engaged audience, you should first consider advertising on Bitcoin.com News. This is one of the leading sources of information and analysis on the cryptocurrency industry…
How Financial Advisors Can Navigate Crypto’s Turbulent Waters
FAs and RIAs shouldn’t run from crypto and digital assets, as long as they have the right playbook.
Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months
The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.
TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.
SHIB Jumps By 14% In A Single Day, As Shiba Inu “Worldpaper” Gets Closer
The price of Shiba Inu (SHIB) continues on its bullish run, having gathered great momentum in the past week. Following its breakthrough at the $0.000007 threshold, the token price has been on a nearly 20% price upswing. What could be driving the…
The Catawba Nation Is Seeking Seasoned Banking Regulators To Help Grow Their Bitcoin-Friendly Jurisdiction
The Catawba Nation, a sovereign federally recognized tribal government, has established the Catawba Digital Economic Zone (CDEZ), a special jurisdiction within the Catawba Reservation in South Carolina, aimed at empowering emerging digital…