Category: Cryptocurrency
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. 2130 Total views 65 Total shares Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on […]
Paxful CEO Ray Youssef said that the current growth trends in Ghana show that it has the potential to be a leader in terms of crypto adoption. 689 Total views 25 Total shares As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other […]
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on one network. 2136 Total views 50 Total shares Interbank messaging system SWIFT has partnered with price oracle provider Chainlink to work on a proof-of-concept (PoC) project which would allow traditional finance firms the […]
Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo, stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities violations. Earlier this week, the California Department of Financial Protection & Innovation (DFPI) filed a desist and refrain order against Nexo’s Earn Interest Product, […]
The UAE Ministry of Economy continues its push into the Metaverse with the announcement of a “third address” located in a virtual world. 259 Total views 24 Total shares The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse. According to […]
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. 429 Total views 11 Total shares In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum. Speaking at the Token2049 […]
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC. 142 Total views 5 Total shares Commodity Futures Trading Commissioner (CFTC) Caroline Pham has proposed the creation of an “Office of the Retail Advocate” aimed at expanding the CFTC’s […]
DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell. 52 Total views 10 Total shares Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the […]
The S&P 500 fell for six days in a row and made a new year-to-date low on Sept. 27, but Bitcoin (BTC) maintained its outperformance and stayed well above its June low. This could be a positive sign because markets that show strength on the way down are the ones that outperform in the event […]
Bitcoin (BTC) hit new weekly lows into Sept. 28 as risk asset drawdown continued overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “First new lows” before Q4 recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $18,461 on Bitstamp, down almost $2,000 versus the previous day’s high. The change of direction […]
