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What Is Defi? An Explainer And Guide
[Dec 7, 2023 5:59 PM] Decentralized Finance, commonly known as DeFi, is rapidly reshaping the landscape of financial transactions and systems in our increasingly digital world. This innovative approach to finance merges traditional monetary processes with the…
Brazil to Discuss Digital Currency Usage for Financial Transactions in G20
[Dec 7, 2023 5:30 PM] Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of…
Report: Terraform Labs Co-Founder Do Kwon to Be Extradited to the US
[Dec 7, 2023 4:00 PM] Terraform Labs’ co-founder, Do Kwon, is on the brink of extradition to the United States from Montenegro. This development follows a decisive ruling by a high court and the endorsement from a top official. According to The Wall Street…
Holding For Gold: Micheal Saylor’s Poll Unveils Bitcoin Enthusiasts Aiming For $1 Million Mark
[Dec 7, 2023 4:00 PM] Recently, Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin (BTC) proponent, took to social media to gauge the Bitcoin community’s sentiment on the future price of the digital asset. Saylor, who has transitioned from CEO to head…
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
[Dec 7, 2023 2:30 PM] After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of…
Sotheby’s Announces Auction of Bitcoin-Based ‘Bitcoinshrooms’ Collection
Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight
[Dec 7, 2023 1:00 PM] Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth. However, everything points out that the most notable growth in recent months has been in SOL’s price, which has surged…
Basel Committee Seeks to Consult on Stablecoins Risk Treatment
[Dec 7, 2023 12:41 PM] Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
[Dec 7, 2023 11:30 AM] Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the…
Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million
[Dec 7, 2023 11:00 AM] A crypto pundit and Bitcoin maximalist, Mark Harvey, has explained why he believes the foremost cryptocurrency Bitcoin, is far off from its true potential. According to him, the crypto token could be worth close to $17 million in the future. Why…
Iris-Scanning Crypto Project Worldcoin Launches Community Grants Program
[Dec 7, 2023 10:00 AM] Recently, the Worldcoin Foundation unveiled the launch of its community grants program, beginning with its first phase, Wave0. In the crypto economy, Worldcoin’s WLD token has not experienced the growth that other crypto assets have enjoyed…
Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
[Dec 7, 2023 9:59 AM] The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred.
Bitcoin Developer Luke Dashjr States Inscriptions Are Exploits, Hints at Future Fix
[Dec 7, 2023 8:30 AM] Luke Dashjr, bitcoin developer and Mummolin’s CTO, has reiterated his negative opinion about Ordinal inscriptions, stating these leverage and exploit a vulnerability in the Bitcoin Core full node software implementation. Dashjr also hinted…
Residents of Swiss City of Lugano to Pay Taxes With Bitcoin
[Dec 7, 2023 5:00 AM] Citizens of the Swiss city of Lugano can now settle their tax bills and other community fees with bitcoin and the stablecoin tether. By adding crypto to payment options, Lugano joins three other Swiss cities and cantons which already accept crypto…
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
[Dec 7, 2023 2:50 AM] India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India's government overseeing the financial evolution of the nation.
Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil
[Dec 7, 2023 2:00 AM] Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong…
This BRC-20 Token Just Breached $1 Billion Market Cap With 180% Rally Today – Details
[Dec 7, 2023 12:30 AM] The BRC-20 token ORDI, which is based on Bitcoin, surged by 181% today amid a wider cryptocurrency upswing and a recent rise in activity surrounding the Ordinals protocol. According to the most recent data, the token’s trade volume has…
Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024
[Dec 7, 2023 12:30 AM] A U.S. federal judge has endorsed the plea deal agreed upon between the U.S. government and Changpeng Zhao, the founder of Binance, widely known as “CZ.” Judge Richard Jones approved the plea in a recent court document, setting the sentencing for…
Banking Giant CEO Trashes Crypto – Again – And Warns Of Ban: Here’s Why
[Dec 6, 2023 10:30 PM] In a fiery declaration that reverberated through the financial landscape, JPMorgan Chase’s formidable CEO, Jamie Dimon, once again launched a verbal assault on crypto. Dimon, well-known for speaking his mind, straightforwardly called for a…
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler’s Personal Agenda
[Dec 6, 2023 10:30 PM] A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,”…
New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities
[Dec 6, 2023 8:30 PM] A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that…
Blackrock’s Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC
[Dec 6, 2023 6:30 PM] Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC)…
Bitcoin Poised For December Surge As Historical Patterns Suggest Strong Upside Ahead
[Dec 6, 2023 6:00 PM] As the eagerly awaited Bitcoin (BTC) exchange-traded fund (ETF) verdict approaches, excitement and anticipation continue to grow in the cryptocurrency market. According to a report by K33 Research, the upcoming decision, expected between January 8…
Bitcoin Bullish Fractal Returns: Analyst Predicts Another Leg-Up With Price Target
[Dec 6, 2023 5:00 PM] The recent Bitcoin rally has brought a number of things to the forefront and one of those is a bullish Bitcoin fractal that has not returned in two years. Crypto analyst FieryTrading was the one to point this out in a recent analysis of the leading…
Elon Musk’s X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering
[Dec 6, 2023 4:30 PM] Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC)…
Coinbase Wallet Launches Global Money Transfers With Link-Based Payments
[Dec 6, 2023 2:30 PM] Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text. Coinbase Unveils Link-Based Money Transfer Service Coinbase…
Bitcoin’s Bullish Leap: Trading Guru John Bollinger Weighs In On BTC Ongoing Rally
JPMorgan CEO Jamie Dimon Tells Congress He'd "Close Down" Bitcoin And Crypto
[Dec 6, 2023 1:04 PM] Testifying before the U.S. Congress today, Jamie Dimon, the CEO of JPMorgan Chase, stirred controversy by expressing his negative opinions on the Bitcoin and crypto market. The renowned banking executive stated that if he held a position in the…