Fundstrat Global Advisors’ managing partner Tom Lee says that he is optimistic about the future of Bitcoin (BTC) after the crypto king has survived many challenges. In a new CNBC “Squawk Box” interview, Lee says that Bitcoin’s ability to perform well despite a regulatory crackdown indicates the digital asset is here to stay. “It’s pretty …
Monthly archives: June 2023
KuCoin Rolls Out Mandatory KYC Rules for All Customers To ‘Embrace Regulation’
A major crypto exchange platform is adding compulsory Know Your Customer (KYC) rules for its customers as a means of embracing regulations. According to a new press release, KuCoin, a Seychelles-based crypto exchange, will be rolling out mandatory KYC authentication rules for its customers starting on July 15, 2023. The change would force current customers …
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Bankrupt Crypto Exchange FTX Recovers $7,000,000,000 in Liquid Assets With More To Come
A new report is revealing that beleaguered crypto trading platform FTX has so far recovered billions of dollars in assets. The report says that the bankrupt crypto exchange has recovered $7 billion and expects to claw back even more. According to the new report, the global FTX platform owes its clients about $8.7 billion. “Based …
Digital Euro System Now Underway in Europe, EU Commission Says It ‘Won’t Replace Cash’
The European Commission has proposed a legislative plan for the launch of a new digital euro payments system, one that it says will not replace the use of physical cash. In a new announcement, the Commission says that it acknowledges that the use of physical cash is still preferred by the majority of Europeans, but …
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. News Join us on social networks The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, its collaboration with the central banks of France, Singapore and Switzerland, on …
Staked ETH surpasses 23 million in June — Nansen
Ethereum’s staking ratio continues to rise since the network upgrade in April. News Join us on social networks The volume of Ether staked keeps reaching new heights since the Shapella upgrade in April, crossing 23 million Ether locked in June. According to data from analytics firm Nansen, a total of 23.3 million Ether (ETH) was staked as …
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Germany launches dog-themed NFTs to fetch cyber talent: Nifty Newsletter, June 21–28
The German foreign service created a dog-themed NFT collection in the form of a treasure hunt to recruit and test new cyber talent. Newsletter Join us on social networks In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp …
Will Bitcoin ever trade below $27,000 again?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels? Cointelegraph YouTube Subscribe Join us on social networks In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes …
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Cartesi Price Prediction for Today, June 27: CTSI/USD May Touch the $0.20 Resistance
The Cartesi price prediction shows that CTSI could renew the bullish trend after testing the support level of $0.14 today. Cartesi Prediction Statistics Data: Cartesi […] Go to Source
L The Memecoin Price Prediction – Can the Elon Musk Inspired Crypto Pump?
The introduction of bizarre but surprisingly profitable memecoins in the cryptocurrency industry is anything but unusual. While the overall market still seems to be making […] Go to Source
PEPE Coin Price Prediction – Will $PEPE Crypto Pump?
Pepe Coin has shown very strong potential lately. Over the past week, PEPE has increased by 43.03%, continuing a strong upward trend. Pepe Coin has […] Go to Source
Swiss National Bank Launches Wholesale CBDC Pilot Program: Report
The Swiss National Bank (SNB) is reportedly rolling out a new “wholesale” central bank digital currency (CBDC) pilot program. While speaking at a financial conference in Zurich on Monday, SNB Chairman Thomas Jordan said the bank plans to kick off the pilot on Switzerland’s SIX digital exchange soon, according to a report from Reuters. “This …
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DWF Labs Doubles Down on Conflux With $28 Million Invested
June 28, 2023 – Hong Kong, China DWF Labs, the global digital asset market maker and multi-stage Web 3.0 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm layer one blockchain. Conflux has been gaining significant traction since February 2023 on the back of some key partnerships, …
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CFTC issues $54M default judgment against trader in crypto fraud scheme
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body. News Join us on social networks On June 28th, the Commodity Futures Trading Commission (CFTC) announced that Judge Naomi Reice Buchwald of …
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$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn. News Join us on social networks According to a report published by blockchain intelligence firm TRM Labs on June 28, a combined $7.8 billion was paid to cryptocurrency pyramid and Ponzi schemes worldwide in 2022. In addition, another $1.5 …
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