Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have seemingly moved to secure recent gains, after the world’s largest cryptocurrency rose above $21,000 for the first time since November. Ethereum also retreated from recent highs in today’s session. Bitcoin Bitcoin (BTC) consolidated …
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Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also distributed by Bradesco. Bradesco Launches Asset Tokenization …
sponsored Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency wallet operator in Europe. Additionally, the company recently opened a first-of-its-kind physical …
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A top crypto trader says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges. Starting with decentralized storage network Filecoin (FIL), the crypto analyst believes that there’s no resistance for the altcoin until it hits $5.80. “I think FIL is going to pull the same move COMP did. …
Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.” After delivering 25% returns in a single week, BTC/USD remains under suspicion among Bitcoin bear market survivors. Bitcoin bull trap fails to convince It has been called the “biggest bull trap” ever seen, …
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Amid the centralized cryptocurrency exchanges (CEX) crisis, crypto exchange Binance is moving to improve its institutional trading services with cold-custody opportunities. On Jan. 16, Binance announced the official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody. The newly launched Mirror service is based on Binance Custody, a …
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Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions of the past 12 months. China has rolled out its central bank digital currency (CBDC) to several cities and made it available for use at the Winter Olympics. Many other central banks, including the Bank of England, are considering how …
Continue reading “CBDCs not worth the costs and risks, says former BoE advisor”
FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo. In an interview with mainstream media outlet Bloomberg, Monex CEO Oki Matsumoto said that they are interested and expressed that it will be a “very good thing” for them if there will …
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The Lazarus Group has moved more than $63 million associated with last year’s hack on Harmony bridge. The funds were deposited to three different exchanges including Binance. Binance and Huobi have managed to freeze a portion of the funds and recover 124 BTC. The Lazarus Group was involved in several DeFi exploits last year. The …
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Summary: Coinbase Director Conor Grogan spotted Ether transfers to the “FTX Accounts Drainer” with private notes on how to move the assets undetected. The hacker was advised to leverage less popular and more privacy-based crypto mixer protocols. The U.S. Justice Department launched an investigation into the matter after nearly $400 million was stolen from Sam …
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The host of popular YouTube channel Coin Bureau says he expects the crypto downturn to extend through 2023. In a new discussion on YouTube channel Digital Asset News, crypto analyst Guy Turner says he monitors traditional markets because of their correlation with crypto. “There’s a lot to look out for with what we see from …
The biggest Ethereum (ETH) whales in existence are eyeing up Dogecoin (DOGE) rival Shiba Inu (SHIB), according to on-chain data. Keeping track of the 500 biggest whales on the Ethereum network, blockchain tracker service WhaleStats says that SHIB is the third largest holding among the cohort, excluding stablecoins and staked Ether (stETH). “The top 500 …
Bitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization have always been pitted against each other. With the start of the new year, the first debate has surfaced comparing BTC’s capped supply of 21 million and ETH’s deflationary supply and which of the two qualifies as more sound money. An Ethereum-focused Twitter …
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Bitcoin (BTC) shows the potential of stretching its ongoing price recovery to $25,000 by March, based on a mix of bullish technical and macro indicators. Bitcoin price exits descending channel range First, Bitcoin’s potential to hit $25,000 comes from its exit from a prevailing descending channel range. A bull run or bull trap? — Cointelegraph …
The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade. The token is …
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