Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein subsidiary Sygnum Europe AG had been registered with the country’s Financial Market Authority (FMA) as a service provider under the Token and Trusted Technology …
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The Hong Kong Monetary Authority (HKMA) has announced the launch of the second phase of its central bank digital currency (CBDC) pilot program, known as e-HKD, according to a Sept. 23 statement. The second phase will delve into advanced use cases for digital money, emphasizing e-HKD and tokenized deposits for individuals and businesses. The first …
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Digital asset investment products saw inflows for the second consecutive week this month, with investors pouring $321 million into the industry, according to CoinShares‘ latest weekly report. This influx boosted the total assets under management (AuM) for crypto exchange-traded products (ETPs) by 9%, bringing the total to $85.8 billion. The overall investment product volume also …
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Bitfarms Ltd. and Riot Platforms Inc. have announced a settlement ahead of Bitfarms’ special shareholder meeting scheduled for Nov. 6, according to a Sept. 23 press release. The announcement comes after months of tension between the two Bitcoin miners that began with Riot’s hostile takeover bid. Settlement agreement Under the agreement, Riot, Bitfarms’ largest shareholder, …
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Bitcoin has reached a critical milestone 161 days after its April halving, mirroring a pivotal moment from 2020 when the digital asset broke out from its reaccumulation range. Rekt Capital highlighted this temporal alignment, noting that in 2020, Bitcoin began a significant upward move exactly 161 days post-halving. Rekt Capital’s chart below compares the post-halving …
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The US Securities and Exchange Commission (SEC) has approved Nasdaq to list and trade options on BlackRock’s spot Bitcoin exchange-traded fund (ETF) product, iShares Bitcoin Trust (IBIT). Options trading enables investors to buy or sell assets at a pre-determined price, helping them speculate on price movements. So, this decision marks another step toward broadening the …
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Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her economic vision, marked her first direct statement on cryptocurrency as the Democratic nominee. Kamala Harris Backs AI and Cryptocurrency at Major Fundraiser …
On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even larger gains. …
Continue reading “Weekly Crypto Standouts: CEL’s 339% Surge, BNX’s 15% Decline”
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announcement, the recognition marks a significant milestone for the exchange, allowing it to …
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’ special shareholder meeting on Nov. 6, 2024. Riot Withdraws Bid to Restructure Bitfarms’ Board in Settlement Deal …
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As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion. The cryptocurrency’s price is holding steady, reflecting a balanced market with mixed signals from technical …
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Bitcoin is currently trading at $63,554, following a fluctuating 24-hour range between $62,479 and $64,687. Key technical indicators show mixed signals, with consolidation after recent resistance at $64,730. Traders are watching closely for potential entry points as market indecision sets in across multiple timeframes. Bitcoin On the 1-hour chart, bitcoin (BTC) shows signs of cooling …
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BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris’ presidential campaign. In a new Cointelegraph interview, Hayes says Fed Chair Jerome Powell and Treasury Secretary Janet Yellen are teaming up to increase the odds that Kamala Harris will take over the White House after the …
An analyst from one of the biggest asset managers in crypto says any result of the November election will end up being bullish for Bitcoin (BTC). In a new report for VanEck, Matthew Sigel, the firm’s head of digital asset research, says that the US federal election will likely have a significant impact on the …
Crypto analyst Ali Martinez says that the time for altcoins to outperform Bitcoin (BTC) is fast approaching, with Dogecoin (DOGE) perhaps set to benefit. Martinez tells his 71,900 followers on the social media platform X that Bitcoin dominance – which tracks the market cap of BTC versus the rest of crypto assets – is currently nearing …
