Leading decentralized crypto exchange by trade volume Binance has restored British pound withdrawals using the Faster Payments network. On June 28, Binance uploaded a notice revealing that withdrawals via Faster Payments, a popular United Kingdom-based inter-bank payments platform, had been suspended for maintenance. The news came the same week the U.K.’s financial regulator, the Financial …
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HodlX Guest Post Submit Your Post Although the trading volume of non-fungible tokens (NFTs) has fallen since its peak earlier this year, this new breed of digital assets is already making a significant impact. From Beeple’s $69 million record-breaking NFT artwork, NFT gaming items, real-world asset representations, event tickets and more, NFTs have just begun …
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tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s shares. NYCE’s stock will be tZERO’s first new listing since launching its ASPN pairing in August 2020, representing fractionalized ownership in a Colorado ski resort. Announced June 30, …
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New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72 in 1992 and it has approximately $22.1 billion worth of assets under management. The investor also owns the New York Mets Major League Baseball team. The Street …
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USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stablecoin on Ethereum thanks to its popularity in DeFi according to Messari. Research by the analytics firm revealed that the demand for USD Coin has grown so much that it has consumed a large chunk of Tether’s market …
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Decentralized derivatives platform, Tracer DAO, has announced a successful $4.5 million fundraising round to expand its team and product suite. They hope to launch innovative derivatives for “any market with an oracle price feed,” with plans to one day allow ordinary consumers to hedge the cost of commuting and other household bills using tokenized derivatives. …
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Cryptocurrency analyst and YouTuber Jason Pizzino is considering several crypto assets as the market bounces off of its recent lows. Pizzino tells his 190,000 YouTube subscribers that he’s bullish on Ethereum in the long run, although he expects ETH to drop against Bitcoin in the near term. ADVERTISEMENT “ETH, it’s one of those ones …
Reports alleged that cryptocurrency miners in China’s Yunnan province may be out of commission for a day if not longer due to the Chinese Communist Party’s 100th anniversary celebration this week. According to Kevin Zhang, the vice president of mining infrastructure company Foundry Services, all major Bitcoin (BTC) mining farms in Yunnan have been shut …
Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s modest 22% price increase, traders seem to be more affected by Ether’s recent underperformance. Institutional flow also backs the decreased optimism seen …
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The U.S. House committee on financial services held a hearing Wednesday for legislators and a panel of witnesses to discuss cryptocurrency regulation in the United States. The subcommittee on oversight and investigations invited expert witnesses to testify before congress on the risks and opportunities of blockchain technology. Rep. Brad Sherman (D-MN), a ranking member of …
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Atlanta-based payments giant NCR will soon enable over 24 million customers at 650 banks to buy Bitcoin. As part of its deal between NCR and digital asset management firm NYDIG, community banks will be able to offer Bitcoin purchases through mobile applications built by the payments provider. ADVERTISEMENT NYDIG says the new partnership that …
Investment manager ARK Invest is joining a growing list of organizations that are seeking to launch a Bitcoin exchange-traded fund (ETF) in the US. The Cathie Wood-led ARK Invest is calling its proposed financial product ARK 21Shares Bitcoin ETF, according to a filing with the U.S. Securities and Exchange Commission (SEC). ADVERTISEMENT The investment …
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June 30, 2021 – Tortola, British Virgin Islands TeraBlock, a cryptocurrency trade automation exchange, is excited to announce its partnership with Binance Cloud, an infrastructure solution for customers and partners to launch digital asset exchanges, leveraging Binance’s industry-leading technology, security and liquidity. Binance Cloud will be handling TeraBlock’s exchange technology development and maintenance, user registration, …
Bitcoin’s (BTC) whipsaw volatility has been on full display throughout June, leaving traders confused and in search of the latest technical indicator or major news announcement that might provide some hint at which way the price will move. As the month of June comes toward an end, traders are now focused BTC’s on the monthly close to …
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Soros Fund Management, the private investment firm of billionaire George Soros, is reportedly trading Bitcoin (BTC) as part of a broader exploration of digital assets, according to financial news website TheStreet. People familiar with the matter told author Michael Bodley that Dawn Fitzpatrick, the chief investment officer for Soros Fund Management, gave the green light …
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