Bank of Spain embraces ‘digital euro,’ explains its benefits
The digital euro will make electronic payments a vital piece of the financial system, the statement claims.
Posts published on October 25, 2023 go to media archive 4/4
Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart
Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based…
Sam Bankman-Fried's Defense May Depend on Character and Fact Witnesses
Sam Bankman-Fried's defense presentation won't kick off until later this week, but it's already clear his defense may hinge on one key witness: himself. That's according to Kevin O’Brien, a partner at Ford O'Brien LLP and a former assistant U.S…
BlackRock fined $2.5M by SEC for incorrect investment disclosure
The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August.
FTX navigates post-bankruptcy options, weighs sale or revival
Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to revive the platform.
Pro-XRP Legal Expert Shares Expectations If SEC Wins Appeal Against Ripple
Pro-XRP legal expert Fred Rispoli has shared some expectations following Judge Analisa Torres’ order, where she officially dismissed the US Securities and Exchange Commission’s (SEC) claims against Ripple’s executives Brad Garlinghouse and Chris…
Bitcoin's Surging Perpetual Funding Rates Make Arbitrage Trades Attractive
The funding fee arbitrage involves selling perpetual futures while simultaneously buying the cryptocurrency in the spot market. The strategy currently offers an annualized yield of over 10%.
‘This is the trigger’ — Arthur Hayes says it’s time to bet on Bitcoin
Bitcoin faces a watershed moment thanks to an inflammatory cocktail of inflation spurred by war — and a $1-million BTC price is still possible, the former BitMEX CEO says.
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due…
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken.
XRP Price Balloons 13%, Triumphs Over Resistance: The Start Of A Bigger Story?
In the past few days, XRP has achieved a significant breakthrough of notable resistance levels, offering a hint of impending substantial price movements. This development has been closely watched by the cryptocurrency community, who have observed a…
IRS extends comments period for new crypto tax rule to mid-November
The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025.
Bitcoin’s Rise Fuelled by U.S. Investors Buying Ahead of Potential Spot ETF Approval: Matrixport
While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said.
Galaxy Foresees Stellar 74% Bitcoin Price Surge In Post-ETF Debut Year
Galaxy Digital, a leading player in the digital assets sphere, has issued a bullish prediction for Bitcoin’s trajectory following the launch of the much-anticipated US-regulated spot Bitcoin ETF. According to a recent study published by the…
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life…
Bitcoin Spot ETFs Could See Inflows of $14.4B in First Year, Galaxy Says
An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and futures, which hold over $21 billion in value, the fund said.
Crypto market sentiment at highest point since BTC’s $69K all-time high
The Crypto Fear & Greed Index has returned to levels not seen since the peak crypto market rally of November 2021.
Trader Who Called Last Year's Crypto Crash Covers Bearish Altcoin Bets
I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year's market meltdown.
Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
Dogecoin Aggressive 12% Leap: Fear/Greed Index Uncovers Bullish Sentiment Secrets
Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. This substantial rally allowed the cryptocurrency to surpass a significant resistance level positioned at $0.0640…