The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it had issued Coinbase the first such license for a crypto exchange related to custodying digital assets in the country. The regulator said due to …
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Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets. The Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 28,298 shares of the Grayscale Bitcoin Trust, or GBTC, as of April 30, according to a …
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Internet Computer (ICP) rose to spotlight among day-traders after rising 41.69% on Sunday. The ICP/USD exchange rate closed the session at $42.98 after correcting lower from its intraday high of $45.01. At its quarter-to-date low, the pair was trading at $28.31. Meanwhile, on Monday, it surged to a new intraday high of $47.63. Therefore, its …
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Toronto-based crypto mining firm Hut 8 said it plans to increase its self-mined Bitcoin holdings based on its expectation it will be able to expand its hashrate by 400%. According to a Monday announcement, Hut 8 said it expects to hold 5,000 self-mined Bitcoin (BTC) — roughly $172 million — by the end of 2021, …
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Bitcoin Price Prediction – June 28 The Bitcoin price is finally seeing a glimpse of hope today with a decent 0.64% price increase trading close to the resistance of $35,500. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $43,000 Support Levels: $30,000, $28,000, $26,000 Buy Bitcoin Now According to the daily …
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The U.K crypto community is left confused after the country’s financial watchdog, the Financial Conduct Authority (FCA), published a report titled “Consumer warning on Binance Markets Limited and the Binance Group” over the weekend. This report reiterated comments made in an October 2020 press release banning the sale of crypto-derivatives to retail investors. However, the …
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Dfyn Network, the multichain, low-fee automated market maker (AMMs) exchange, has launched its second AMM node on OKExChain, as per a release last week. We are thrilled to announce our collaboration with @OKExChain, an exciting blockchain community created by @OKEx 💥 Dfyn has launched an AMM node on OKExChain, enabling the official launch of the Dfyn Exchange …
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The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be an exploit today. ⚠️ SafeDollar exploited ⚠️ Exploit season is coming to Polygon? 🤣 https://t.co/evzsUAr695 h/t @RugDocIO — defiprime (@defiprime) June 28, 2021 While details …
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BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition to blockchain-related endeavors. BTCC Closes Its Exchange Business BTCC, the company that once ran the most …
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The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, …
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core …
press release PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing and …
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with. New Guidelines to Appease South Korean Banks Korean …
ICP is one of the hardest-hit tokens in the crypto market. During the May market crash, its value dropped just like the rest of theSource: TradingView The ICP token had a great start this year after listing on major exchanges such as Binance, OKEx, Coinbase and Huobi. However, in May, the value of the ICP …
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The majority of the cryptocurrency market is trading in the green zone, and Fantom is one of these tokens. The cryptocurrency has gained 6% in 24 hours, increasing its value on trading charts. FTM gains are attributed to the support garnered from the entire crypto market. At the time of writing, Fantom is trading at …
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