The Hedera Hashgraph price prediction shows that HBAR is likely to cross above the upper boundary of the channel as the coin shoots to the […] Go to Source
Monthly archives: June 2023
Crypto Analyst Flips Bullish on Ethereum, Predicts Steady Rally for ETH in Coming Months – Here’s His Target
A closely followed crypto strategist believes that Ethereum (ETH) is poised to surge as it continues to show relative signs of strength despite the recent correction in the altcoin markets. Pseudonymous analyst Rekt Capital tells his 346,700 Twitter followers that Ethereum has managed to successfully retest the $1,719 level as support. According to the crypto …
Fidelity, Charles Schwab, Citadel and More Back Newly Launched Crypto Exchange
A group of the biggest financial institutions in the world are backing the newly launched digital asset marketplace EDX Markets (EDX). According to a new press release, the company received a round of funding from financial heavyweights including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. The funding will “support …
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Disgraced Terra (LUNA) Founder Do Kwon Sentenced to Four Months in Prison by Montenegro Court
On Monday, a Montenegro court sentenced the disgraced Terra (LUNA) founder Do Kwon to four months in prison for attempting to travel with a forged passport. Kwon was first arrested in late March after trying to board a flight to the United Arab Emirates (UAE) with a Costa Rican passport, which authorities claimed was forged. …
$1,400,000,000,000 Deutsche Bank Applies for Cryptocurrency Custody License in Germany: Report
A multinational investment bank and financial services company valued at $1.4 trillion is applying for a crypto custody license in Germany. According to a new Bloomberg report, Deutsche Bank AG, Germany’s largest and the European Union’s second-largest bank, is seeking regulatory approval to offer a custody service for digital assets, including cryptocurrencies, in Germany. Says …
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. News Join us on social networks The investors’ service of credit ratings agency Moody’s has reported that without support from United States lawmakers on both sides of the political aisle …
Binance to implement Lightning Network nodes for enhanced Bitcoin transactions
Binance hopes to enable smooth BTC deposits and withdrawals while tackling network congestion issues. News Join us on social networks On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals. In a tweet, Binance acknowledged users …
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Biden to discuss dangers of AI in San Francisco meeting with experts
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco. News Join us on social networks United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California. The president will meet …
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Czech automobile conglomerate Škoda Auto launches NFT platform
The nonfungible token platform was launched in partnership with Near Protocol. News Join us on social networks On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India,” developers say the platform will possess low gas …
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EDX Crypto Exchange Goes Live Backed By Citadel And Fidelity
EDX Markets has made a foray into the crypto market thanks to the backing of three powerhouse names. Based on a WSJ report, prominent financial […] Go to Source
Gemini Picks Singapore For Asia-Pacific Hub, Plans To Increase Headcount By 100
Crypto exchange Gemini has selected Singapore to serve as the hub for its operations in the Asia Pacific region. The Winklevoss-owned exchange plans to hire more than 100 employees for its Singapore office. The crypto exchange is also growing its engineering base in India and plans to hire key employees for the Gurgaon office. Gemini …
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Deutsche Bank Applies for Digital Asset License Amid Growth Push
Deutsche Bank has reportedly sought approval from German regulatory authorities to venture into digital asset custody services. This development comes in the wake of BlackRock’s […] Go to Source
Leading Stablecoin USDT Regains Peg Defying Uncertainty As Transaction Volume Soars
After suffering a tumultuous incident last week that caused it to depart from its fixed value, USDT has finally regained its peg. The stablecoin has […] Go to Source
IMF Explores New Cross-Border Remittances Platform with Single Ledger
The International Monetary Fund (IMF) has laid out the general framework for a new class of cross-border payment systems. The system employs a single ledger […] Go to Source
Wall Street Memes Presale Selling Out Fast, Elon Musk’s Engages – Sets To Explode
Aside from having a huge following and a community-driven initiative, Elon Musk’s acknowledgment has helped promote Wall Street Memes’ presale excitement. No matter how the […] Go to Source