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Crypto News

Binance To Promote Blockchain Education To Support Georgia's Crypto Industry

The biggest cryptocurrency exchange in the world, Binance, announced signing of a memorandum with Georgia's Agency for Innovation and Technology (GITA). The parties want to collaborate on the execution of community and educational blockchain initiatives as well as the further growth of the country's crypto economy. According to a press release, the collaboration would involve projects by both Binance Academy and Binance Charity as well as BNB Chain's planning of regional events and hackathons.

Bitcoin News - 1300 ngày trước

The Release Of 13 NFTs By Takashi Murakami Are Connected To Real Hublot Watches

A new collection of physical watches connected to non-fungible tokens (NFTs) is created by Swiss luxury watchmaker Hublot in collaboration with Japanese artist Takashi Murakami. The fourth artistic collaboration between Hublot and Murakami, features 13 NFTs from the new collection, which draws inspiration from 1970s Japanese video games and television programs although only 12 of the 13 timepieces are available to collectors that have the watches.

coindesk - 1300 ngày trước

Binance And The National Bank Shows That Kazakhstan's Digital Currency Is Now In Pilot Stage

The report released just recently by the National Bank of Kazakhstan and Binance crypto exchange shows the bank has started a pilot project for the digital currency, tenge. The report specifically focused on decentralized finance in Central Asia and the Commonwealth of Independent States while also examining worldwide approaches to digital asset regulation, the industry, and the use of digital assets, promoting global trade as described by NBK Deputy Governor Berik Sholpankupov.

cointelegraph - 1301 ngày trước

Michael Saylor Says Charlie Munger Doesn't Understand Bitcoin

In his most recent interview, Michael Saylor took aim at Western elites, particularly Charlie Munger, claiming that Warren Buffett's right-hand man had not invested the time to learn about Bitcoin. Recently, Munger wrote an opinion piece titled "Why America Should Ban Crypto" for the Wall Street Journal. He attacked cryptocurrency in it. Munger has always already expressed his outspoken disapproval of bitcoin and other cryptocurrencies.

Bitcoin Magazine - 1301 ngày trước

Following The SEC Case, Ripple Spent $8.4B On XRP To Support A Healthy Market

Since the SEC sued Ripple Labs, resulting to the value of the firm's XRP token having fallen by 20%, Ripple Labs had invested enormous sum of money in the secondary market buyback of the XRP crypto. Ripple Labs disclosed $11.1 billion in sales connected to on-demand liquidity ODL. Since then, the company has spent roughly $8.4 billion over the course of an ongoing XRP purchase campaign that was initially marketed to defend the token's market and its users.

blockworks - 1301 ngày trước

A New Bitcoin Whale Purchased 13,370 BTC In The Largest Monthly Transfer

Santiment recently tweeted that its analytics team had discovered the largest Bitcoin transaction to have occurred in the previous 30 days. According to their tweet, the address that received about 13,370 BTC is new, and the tokens were moved in a single transfer. This many bitcoins are worth a staggering $313.1 million. Either a whale made a buy or transferred some of their BTC wealth to a different wallet in this case.

U.Today - 1301 ngày trước

Chinese City Plans To Transact $300 Billion In Digital Yuan In 2023

A new strategy to encourage the adoption of the digital yuan has been unveiled by the Chinese city of Suzhou with the aim of facilitating the exchange of $297 billion worth of the currency in 2023. The municipal officials reaches its goal through digital yuan transactions of both citizens and firms, with the targeted value expected to increase six-fold, also handling loans for small and medium-sized firms worth about $30 billion starting in 2023.

Finbold - 1301 ngày trước

Japanese Crypto Custodian Is To Be Created By Zodia Custody And SBI Digital Asset Holdings

Starting the crypto asset custodian for investors will be done through a joint venture between crypto custody provider Zodia Custody and the crypto division of Japanese financial services company SBI Holdings. The goal of SBI Digital Asset Holdings and Zodia Custody, is to entice institutions interested in investing in and adopting crypto but turned off by a lack of custodial services that meets the standards in the traditional finance sector.

coindesk - 1302 ngày trước

India Announces G-20 And IMF Collaboration On Crypto Regulations

India has disclosed specifics of the ongoing work on crypto laws for the first time since assuming the G-20 presidency, the international organization that involves the 20 biggest economies in the world, including the European Union. According to Ajay Seth, Secretary of the Department of Economic Affairs, the IMF is drafting a study with India that will concentrate on aspects of the monetary policy and the policy approach to crypto assets.

coindesk - 1302 ngày trước

5,000 Smart Contracts Have Been Attained On The Cardano Network

In September 2021, a significant update to the Cardano (ADA) network added smart contract capability, allowing the blockchain to handle transactions more quickly and effectively. Plutus Scripts, a Cardano-based smart contracts platform, developed quickly in part thanks to the September Vasil hard fork. The number of smart contracts on the Cardano network had interestingly reached 4,000 on December 3 and had increased to 5,000 in just two months.

Finbold - 1302 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1075 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1075 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1075 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1075 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1076 ngày trước