Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. FTX US has signed an agreement to make a strategic investment in the IEX’s operator IEX Group to jointly establish a market structure for buying, selling and …
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Bitcoin (BTC) is the collateral asset of choice for the world‘s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on Monday, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm‘s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in …
sponsored EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform built with on-chain utility NFTs. The RISE token is available on Ethereum, …
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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts regarding the proposed regulation, which might be modified before its application on …
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank of China (PBOC), said Saturday that it is …
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A popular crypto strategist and trader is predicting massive rallies for Decentraland (MANA) and Zilliqa (ZIL) as he believes Bitcoin (BTC) is poised to break out of a multi-month accumulation period. Pseudonymous analyst TechDev tells his 380,100 Twitter followers that virtual reality platform Decentraland is currently trading within a long ascending channel on the weekly …
Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers. 2022 retail FOMO spike “an outlier” …
The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year “as an emblem of the forward-looking approach the UK is determined to take.” Chancellor @RishiSunak has asked @RoyalMintUK to create an NFT to be …
Continue reading “Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins”
Canadian Bitcoin exchange-traded fund (ETF) holdings have increased to all-time highs according to recent research, and spot-based products are leading the way. Canadian Bitcoin ETFs have increased their holdings by 6,594 Bitcoin (BTC) since January to reach an all-time high of 69,052 total BTC held. The Purpose Bitcoin ETF saw the biggest increase in holdings …
Continue reading “Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode”
Rich Dad Poor Dad author Robert Kiyosaki says a global recession is coming, and he’s naming several crypto assets and gold as potential ways to weather the storm. In a new tweetstorm, Kiyosaki says he’s certain a market crash is inevitable. He cites the recent inversion of Treasury yields as proof. Today, the two-year Treasury …
HodlX Guest Post Submit Your Post 2021 was a breakout year for NFTs – crypto’s mainstream moment. Seemingly everyone had NFT fever as brands, public figures, major art houses and even the dictionary got involved in the mania. With third-quarter sales volume reaching $10.7 billion, it’s time to look at the bigger picture. While the new …
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Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations. An April 4 joint statement from the two crypto mining companies revealed that scrapping the merger was a mutual decision “due to changing market conditions, the passage of time, and the relative …
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Venture capital (VC) firms focused on Web3 projects and crypto businesses are accumulating billions of dollars worth of assets under management as more capital is injected into the sector. The assets under management figure for Web3 and crypto investment firm Paradigm has recently been revealed. Filings show that the firm has $13.2 billion in assets, …
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More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC. The second annual Global CBDC Index report released on Monday, April 4, measures a central bank’s level of maturity in deploying its own digital currency. The …
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