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Crypto News

Coinbase May Abandon United States Due to Regulatory Uncertainty

Coinbase CEO Brian Armstrong has stated that the exchange would consider relocating from the US if the regulatory uncertainty persists. Speaking at Fintech Week in London, Armstrong commented that the regulatory environment in the US is unclear, leading to a lack of clarity for the crypto ecosystem. While he views the US as having the potential to be an important market for crypto, he believes that the lack of regulatory clarity may cause the exchange to consider investing elsewhere in the world. Armstrong praised the regulatory atmosphere in the UK, with the Financial Conduct Authority (FCA) as the sole regulatory agency for securities and commodities.

coinjournal - 1223 ngày trước

Jack Dorsey's TBD Partners with Yellow Card to Offer Bitcoin Remittance In Africa

TBD, a Bitcoin developer-focused entity owned by Jack Dorsey’s Block, and Yellow Card, an African crypto exchange platform, have partnered to launch a fiat on and off-ramp that allows payments in 16 African countries through Bitcoin rails. The new platform aims to provide affordable, accessible, and compliant cross-border payments, as well as enable the storing of BTC or stablecoins for recipients in countries with hyperinflation. Yellow Card is one of TBD's first partners to facilitate US dollar or BTC sending and local currency equivalents for recipients.

Bitcoin News - 1223 ngày trước

Crypto Wallet CEO Bobby Lee Predicts End of "Crypto Winter"

Bobby Lee, the founder, and CEO of crypto wallet firm Ballet, believes that the crypto industry is showing signs of a potential spring, marking the end of the "crypto winter." He expressed confidence in the future movements of the cryptocurrency market, particularly Bitcoin (BTC), Lee singled out the recent bank runs as one of the reasons for the increased interest in crypto assets, stating that the concept of self-custody in cryptocurrency allows individuals to be their own bank without third-party or counterparty risks, which makes cryptocurrency like Bitcoin unique.

Finbold - 1224 ngày trước

Nike Launches Its First NFT Sneaker Collection on .Swoosh

On its recently launched .Swoosh platform, Nike will unveil its first non-fungible token (NFT) sneaker collection, dubbed Our Force 1 (OF1). The OF1 will be offered on May 8 in two different boxes, each costing $19.82, to represent the two possible designs. When the boxes are opened, the owners will be able to use 3D files to express themselves in novel ways. In the future, Nike will also add more features, such as exclusive physical goods or experiences.

coindesk - 1224 ngày trước

Anthony Scaramucci's Faith in Bitcoin Unshaken, Remains Bullish

Skybridge CEO, Anthony Scaramucci, said he has not lost enthusiasm for Bitcoin and is more bullish than ever. Despite strong headwinds, including Sam Bankman-Fried's crypto exchange FTX filing for bankruptcy, Scaramucci is focused on Bitcoin's next boom cycle and hoping regulators can get out of their own way. Scaramucci also criticized regulators, including the SEC and Elizabeth Warren, and suggested that Bitcoin should be categorized as a commodity rather than regulated by the SEC.

Decrypt - 1225 ngày trước

Investors Flock to XRP, Boosting Market Cap By $8.8B in 30 Days

The legal dispute between XRP and the SEC contributed to some of its rise, which saw a monthly market capitalization increase of about $8.85 billion. According to CoinMarketCap data, the token market cap is currently $26.93 billion, up about 49% from March 17. The recent uptick in XRP's performance is probably attributable to the token community's growing optimism in the prospect of a successful resolution to the ongoing legal dispute between Ripple and the SEC.

Finbold - 1225 ngày trước

G20 Finance Chiefs Demand Immediate Measures to Regulate Cryptocurrencies

Indian Finance Minister Nirmala Sitharaman emphasized the need for global coordination in regulating cryptocurrencies during a G20 finance ministers and central bank governors meeting. Sitharaman noted the importance of addressing crypto's potential impact on both emerging and developed economies, and highlighted a joint "synthesis paper" by the IMF and Financial Stability Board, which aims to provide a roadmap for G20 members on crypto regulation.

Bitcoin News - 1226 ngày trước

Chia Network Files IPO Registration with U.S. SEC

Blockchain and smart-contract platform Chia Network, founded by BitTorrent inventor Bram Cohen, has submitted a confidential draft registration to the SEC for a proposed initial public offering (IPO). The size and price range for the offering have not yet been determined. Chia raised $61 million in a Series D funding round in 2021, and its CEO had stated that it was on an "accelerated timeline" to an IPO at the time.

coindesk - 1226 ngày trước

Former President Trump's NFT Earnings Reached $1 Million

A U.S. Office of Government Ethics filing reveals that former President Donald Trump earned between $100,001 and $1 million from Trump-branded NFT sales. The collection of 45,000 digital collectibles, featuring Trump's likeness, sold out within a day of its December release. The value increased after news of Trump's New York arraignment. Trump manages CIC Digital LLC and CIC Ventures LLC, which granted NFT INT LLC the rights to use his image for the project.

coindesk - 1226 ngày trước

Bitcoin on Path to $10 Trillion Market Cap, Says Macro Guru Dan Tapiero

Macro guru and fund manager Dan Tapiero predicts that the market cap of Bitcoin could reach up to $10 trillion in the near future. He sees Bitcoin reaching a price of up to $500,000 given the current global economic circumstances and expects the total value of all crypto assets to soar by over 600% from the current levels. Tapiero believes that the crypto space will encompass everything, including store of value, DeFi, NFTs and stablecoins.

The Daily Hodl - 1227 ngày trước

Avalanche Soars to New Heights with Daily Active Addresses

Avalanche, a layer 1 blockchain protocol, is rapidly growing with its daily active addresses reaching 80,000 on April 12th and daily active user base growing 85% in the past 90 days. This growth is ahead of Binance Chain, Tron, Ethereum, Aptos and Bitcoin and signals increased interest from traditional finance companies due to a recent partnership with financial institutions to contribute to its network infrastructure.

coindesk - 1227 ngày trước

Uniswap's v3 Decentralized Exchange to Launch on Polygon zkEVM

Uniswap DAO Approves Governance Proposal for Uniswap v3 Deployment on Polygon zkEVM, a new ZK-Rollup solution compatible with the Ethereum ecosystem. Uniswap V3 is a decentralized exchange protocol that allows token swaps and is a widely used DeFi application within the Ethereum ecosystem. The deployment will allow users to access the DEX from Polygon's Layer 2 network and join nearly 50 other projects already existing on the network.

theblock - 1227 ngày trước

Bank of America Sees Tokenized Real-World Assets a Game Changer

The tokenized gold market has surpassed $1 billion in value last month, according to Bank of America's research report. The bank views the tokenization of real-world assets, such as commodities and precious metals, as a key driver of digital asset adoption. Tokenized gold offers exposure to physical gold with 24-7 real-time settlement, no management fees, no storage or insurance costs, and low minimum investment.

coindesk - 1227 ngày trước

Ripple Unveils Liquidity Hub to Bridge Crypto and Fiat

Ripple has launched its liquidity hub for businesses to access global liquidity pools for cryptocurrencies and fiat, reducing the cost of operations on high-volume transactions. The stand-alone solution can be accessed by enterprises requiring liquidity, offering U.S. dollars, BTC, ETH, ETC, BCH and LTC from various market makers. The solution complements Ripple’s cross-border payments service called on-demand liquidity (ODL), which has onboarded several banks worldwide to provide cheap remittance services with the help of cryptocurrencies.

cointelegraph - 1228 ngày trước

Ripple Labs' University Initiative Boosts Blockchain Research Globally

Ripple Labs announces that its University Blockchain Research Initiative (UBRI) has supported over 45 university partnerships in 20 countries, funding over 1,000 research projects since its launch in 2018. The UBRI, which initially committed $50 million in funding, aims to accelerate academic research and innovation in blockchain, cryptography, fintech, and digital assets. The initiative has facilitated up to 345 courses and began with 17 universities, expanding to 28 institutions by early 2019.

CryptoGlobe - 1228 ngày trước

Montana Takes Major Step Forward in Supporting Crypto Mining

Montana House of Representatives passes Bill 178 to protect crypto miners with 64-35 vote. The bill prohibits local authorities from obstructing mining operations and bars discriminatory electricity rates for miners. It categorizes digital assets as personal property and bars extra taxes on cryptocurrency use. The bill now awaits the signature of Governor Greg Gianforte, who is unlikely to veto it due to his party affiliation with bill sponsor Senator Daniel Zolnikov.

cointelegraph - 1228 ngày trước

London Stock Exchange to Enter The Crypto Space With Bitcoin Offerings

The London Stock Exchange Group (LSEG) has partnered with Global Futures and Options (GFO-X) to offer the UK's first regulated trading and clearing for Bitcoin index futures and options derivatives. In Q4 2023, LCH SA, LSEG's Paris-based clearing business, will introduce DigitalAssetClear for cash-settled Bitcoin index futures. The alliance seeks to improve digital asset derivatives trust and mainstream cryptocurrency finance. As cryptocurrency grows, institutions are becoming more interested in digital assets.

Finbold - 1228 ngày trước

Binance to Enable ETH Withdrawals via Staking Starting April 19

Binance announced that ETH staked through the exchange could be redeemed with BETH holdings on a 1:1 basis from April 19, 08:00 coordinated universal time. The announcement came after Ethereum implemented the highly-anticipated Shanghai hard fork, opening withdrawals of more than 18 million ETH staked in the blockchain since late 2020. Binance said that user requests for withdrawals cannot be canceled and may be slow initially, requiring 15 days to several weeks for completion.

coindesk - 1229 ngày trước

Twitter to Roll Out Stock And Crypto Trading Feature Through eToro

Twitter has partnered with eToro to provide its users with access to financial assets, including stocks and cryptocurrencies. The feature will allow users to buy and sell assets through eToro and monitor market data on additional financial instruments. This move is expected to connect better the brands of Twitter and eToro and reach new audiences. The feature will be rolled out on April 13th to over 350 million Twitter users.

CNBC - 1229 ngày trước

Ethereum Enters New Staking Era After Successful Shanghai Upgrade

Ethereum's Shanghai hard fork, known as "Shapella," has been completed, allowing users who have staked their ether to withdraw their rewards, marking a significant milestone in Ethereum's transition to a full proof-of-stake network. The upgrade triggered at 22:27 UTC, finalized at 22:42 UTC, and around 285 withdrawals for 5,413 ETH ($10 million) were processed within 30 minutes of activation. Ethereum's next goal is scaling to make transactions faster and cheaper, and then tackling wealth concentration issues in proof-of-stake systems.

coindesk - 1229 ngày trước

Lace Wallet from IOHK Marks New Era of Self-custody for Cardano

Input Output Hong Kong has launched its first light wallet platform called Lace wallet, for the Cardano blockchain protocol. Lace 1.0, the first version of the new wallet, went live on the mainnet to offer self-custody for Cardano-based assets. The wallet offers numerous capabilities, including the ability to send and receive ADA and native assets, NFT transactions, and staking of ADA as a digital DeFi product. The wallet was developed with community participation and beta testing, aligning with IOHK's values of open collaboration.

U.Today - 1229 ngày trước

Singapore Crypto Mining Firm Bitdeer to Debut on Nasdaq via $4B SPAC Merger

Bitdeer Technologies, a Singaporean crypto mining firm founded by Jihan Wu, is set to go public on Nasdaq on April 14 via a $4 billion SPAC merger with Blue Safari Group Acquisition. Its shares will be listed under the "BTDR" ticker. The company's CEO, Linghui Kong, anticipates the public listing will enable the company to have a greater impact on the crypto economy as a leading hash rate supplier.

Forkast - 1229 ngày trước

Bank of America Expect Bitcoin Rally to Continue in 2023

Bank of America's Alkesh Shah and Andrew Moss predict that Bitcoin's rally may continue as investors transfer the cryptocurrency from exchanges to personal wallets, indicating a potential decrease in sell pressure. A net outflow of the second-largest amount of Bitcoin from crypto exchanges occurred during the week ending April 4, with $368 million worth of Bitcoin sent to personal wallets. The exodus may result from concerns about US regulatory crackdowns on digital-asset platforms.

U.Today - 1229 ngày trước

Best-Selling Author Ric Edelman Recommends Ethereum and Bitcoin for Crypto Portfolios

Ric Edelman, the founder of the Digital Assets Council of Financial Professionals, advises investors to stick with Bitcoin and Ethereum, with ETH potentially offering more commercial use cases. He personally owns more ETH than BTC but suggests building a portfolio of just these two cryptocurrencies as they represent 70% of the total crypto market. Additionally, Edelman is a fan and investor of the Bitwise Top 10 Crypto Index Trust.

The Daily Hodl - 1229 ngày trước

Latin America’s First Regulated Bitcoin Futures Index Approved by Argentina

Argentina's securities regulator has approved a Bitcoin-based futures index that will launch on the Matba Rofex exchange in May, making it the first regulated Bitcoin futures index in Latin America. The futures contract will be based on BTC prices issued by firms offering BTC-ARS trading pairs and settled in Argentine pesos. As the government struggles with rising inflation, the move attempts to give qualified investors a secure, transparent, and regulated way to invest in BTC.

cointelegraph - 1229 ngày trước

Hong Kong's ZA Bank to Provide Crypto Account Services and Facilitate Fiat Conversions

Hong Kong's biggest virtual bank ZA Bank plans to offer account services to local crypto firms and facilitate crypto-to-fiat exchanges, acting as a settlement bank to allow token deposits to be withdrawn in HKD, CNY, and USD. The move follows Hong Kong regulators' effort to make the region a crypto hub, which has attracted many firms, including those from mainland China. The initiative is considered a potential solution for US crypto firms that are struggling to find banking partners.

cointelegraph - 1230 ngày trước

Institutional giants flock to MicroStrategy shares for indirect Bitcoin exposure

Bank of America and Fidelity acquired a significant number of MicroStrategy shares in Q1 2023, indicating institutional interest in indirect Bitcoin exposure. Both companies purchased 86,147 and 97,199 shares, respectively. MicroStrategy's stock price has followed Bitcoin's since the company began holding the cryptocurrency. The recent decrease in Bitcoin's volatility and the asset's bounce back from last year's lows have prompted traders to invest in MicroStrategy shares, which remain one of the closest publicly traded proxies for Bitcoin exposure.

Blockworks - 1230 ngày trước

Montenegro's Central Bank Teams Up With Ripple to Explore CBDC Potential

The Central Bank of Montenegro (CBCG) is partnering with Ripple to create a pilot program for a central bank digital currency (CBDC). While the country currently uses the euro as its de facto currency, the CBCG plans to identify practical applications of a CBDC and analyze the advantages and risks associated with it. The project will focus on electronic payment availability, security, efficiency, and compliance with regulations, as well as the protection of end users’ rights and privacy.

coindesk - 1230 ngày trước

CleanSpark Acquires 45,000 ASICs Worth $145M for Bitcoin Mining Expansion

CleanSpark, the US-based Bitcoin miner, has purchased 45,000 Antminer S19 XP ASIC mining rigs for $144.9 million. The purchase will add 6.3 exahashes per second (EH-s) of mining power to its existing rig, bringing its expected hash rate to 3.8% of the entire Bitcoin network. CleanSpark plans to deploy all the units at its mining facility in Sandersville, Georgia, and aims to reach a hash rate of 16 EH-s by 2023.

cointelegraph - 1230 ngày trước

US Presidential Candidate Robert Kennedy Sees Bitcoin as Safe Haven Amidst Looming Financial Crisis

Robert Kennedy, a US presidential candidate, has suggested that cryptocurrencies like Bitcoin, with their decentralized networks, could protect the public from financial bubbles. Over the past 15 years, the Federal Reserve has colluded with big banks to print $10tn in wealth, benefiting "Banksters" at the expense of the public, according to Kennedy. The US government's FedNow payment system, supported by a central bank digital currency, raises civil liberties and privacy concerns.

Bitcoinist.com - 1231 ngày trước

MetaMask Empowers Users with Direct Access to Cryptocurrency via Fiat Currency

MetaMask has launched a "Buy Crypto" feature allowing users to purchase around 90 cryptocurrencies directly from their wallets using local payment methods, including bank transfers, debit-credit cards, and PayPal. The feature supports eight networks, including Ethereum and Binance Smart Chain, and is currently available in 189 countries. MetaMask aims to provide users with the best quotes for purchasing cryptocurrencies and will offer multiple options via different providers.

CryptoSlate - 1231 ngày trước

Ethereum Outperforms Bitcoin as Top Protocol in Fortune Crypto 40 Benchmark

Fortune Crypto 40 benchmark has placed Ethereum above Bitcoin as the top protocol in the crypto space. The ranking system assesses leading firms in eight key categories, such as Centralized Finance (CeFi), Traditional Finance (TradFi), Venture Capital, Non-fungible tokens (NFTs), Data, Infrastructure, Decentralized Finance (DeFi), and Protocols. Ethereum's prominence emphasizes its increasing influence in the DeFi sector, as all five top-ranked DeFi applications are built on its network.

CryptoSlate - 1231 ngày trước

Bitcoin Skyrockets Above $30K Barrier in Explosive Comeback

Bitcoin surged past $30,000, its highest level since June 2022, as investors grew optimistic about US monetary policy. The recent banking crisis has caused a narrative shift, feeding into Bitcoin's momentum, with the cryptocurrency being perceived as a reliable store of value and a risk-off asset. Bitcoin has decoupled from stocks and is becoming a safe haven for investors, marking its ascendance onto the global stage as a formidable asset amidst geopolitical instability and faltering banking systems.

coindesk - 1231 ngày trước

Bitcoin Skyrockets Above $30K Barrier in Explosive Comeback

coindesk - 1231 ngày trước

Hong Kong's Financial Secretary Advocates Web3 Adoption

Hong Kong Financial Secretary Paul Chan believes it's the "right time" to push for Web3 adoption, despite crypto market volatility. In a blog post, Chan identified Web3 technologies as a budget focus area and compared the current crypto industry to the internet's early days. Emphasizing "proper regulation" and "promoting development," Hong Kong aims to ensure financial security, prevent systemic risks, and address investor education and protection. This week, Hong Kong will host the Digital Economy Summit, focusing on Web3 technology adoption at state and global levels.

coindesk - 1231 ngày trước

Cardano Whales Acquire $218 Million Worth of ADA in Two Weeks

In the past two weeks, Cardano whales have been on a shopping spree, acquiring a total of 560 million ADA tokens, valued at $218.4 million, as per insights from cryptocurrency trading expert Ali Martinez. This trend highlights Cardano's increasing appeal to institutional investors and high net worth individuals, suggesting a strong bullish sentiment. Cardano continues to gain popularity as a competitor to Ethereum and other major players in the cryptocurrency market.

Finbold - 1231 ngày trước

Satoshi Nakamoto's Bitcoin White Paper Translated into 43 Languages for Global Access

The Bitcoin white paper, written by Satoshi Nakamoto, has been translated into 43 languages, including Chinese, Spanish, Italian, Russian, and French, among others. Translation plays a crucial role in eliminating entry barriers to Bitcoin and improving access to its technology worldwide. Anyone can submit a request to translate the white paper through the bitcoin.org Github page, allowing people worldwide to contribute to Bitcoin's knowledge dissemination.

Finbold - 1231 ngày trước

Nearly a Million Wallets Now Hold 1+ Bitcoin Amidst Record Adoption

The number of Bitcoin holders has risen at the fastest rate since early 2021, reaching a total of 46.16 million addresses holding any amount of Bitcoin, according to Santiment. The number of crypto wallets holding at least one Bitcoin has reached a new all-time high, nearing 1 million holders, according to LookIntoBitcoin. This may be due to traders becoming content in keeping their Bitcoin wallets unmoved for the long term.

Finbold - 1232 ngày trước

Cardano's CEO Teases Major AI Shift for Medical Industry

The Cardano blockchain protocol's CEO, Charles Hoskinson, advised that the proof of stake network concentrate on employing artificial intelligence (AI) and chatbots like ChatGPT to change the medical industry. Hoskinson posted a video about ChatGPT's possible effect on healthcare on Twitter. He might be seeking collaborations with teams of developers to build decentralized apps that make use of ChatGPT's technology. The Cardano protocol is in a good position to promote AI innovation since more decentralized apps are being developed on the network.

U.Today - 1232 ngày trước

Coinbase to Integrate Bitcoin Lightning Network for Faster, Cheaper Transactions

Coinbase plans to integrate the Bitcoin Lightning network into its platform, as announced by CEO Brian Armstrong in response to a tweet by Bitcoin enthusiast Wicked. Armstrong acknowledged the benefits of Lightning, including faster transaction speeds, lower fees, and scalability solutions. However, no specific timeline for the integration was provided. This move is a positive development for the cryptocurrency industry, demonstrating the growing importance of layer 2 solutions like Lightning to address scalability challenges.

BeInCrypto - 1232 ngày trước