Florida Governor Ron DeSantis is the next Republican politician to take a firm stance against Central Bank Digital Currencies (CBDCs) in the United States. The governor recently voiced support for a ban on CBDCs within the state, blasting such technologies as tools of financial surveillance. Standing Against CBDCs In a speech shared over Twitter on...Read More
As Bitcoin returns to a 9-month high above $28,000, a growing number of on-chain signs show the asset may be entering an early bull market. On Monday, blockchain analytics firm Glassnode said the Bitcoin market “appears to be shifting gears” amid turmoil within the traditional banking system. Reclaiming Momentum According to the firm’s weekly report,...Read More
The cryptocurrency exchange BitMEX outlined some possible scenarios that could unfold in the coming months for the cryptocurrency industry. It believes the Federal Reserve will most probably cease its interest rate hikes by the end of the year, triggering a flow of funds into global capital markets and risk-off assets. Cryptocurrencies, such as bitcoin and...Read More
Bitcoin’s price has made a fresh increase above its crucial resistance levels from mid-March and has gained investors’ bullish confidence in making new highs by this month’s end. While many investors focus solely on Bitcoin and other major cryptocurrencies, experts believe the upcoming altcoin season could be a turning point for the crypto market. According...Read More
[PRESS RELEASE – Central, Singapore, 20th March 2023] HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and...Read More
The Arbitrum community has warned users about different fake airdrops pretending to be from the project’s newly launched decentralized Autonomous Organization (DAO). Scammers started creating fake Arbitrum airdrops and phishing websites after the Ethereum layer-2 scaling protocol announced the DAO last week while promising to distribute 12.57% of the governance token ARB to eligible community...Read More
Meme coins have been an exciting development in crypto. However, their lack of true utility and inherent volatility has raised concerns among seasoned investors. Crypto analysts believe that the recently booming AI crypto space is likely to overtake these meme coins because of this. Avorak AI (AVRK), a new entrant in this field already looks...Read More
Switzerland’s largest banking institution – UBS Group – entered into a merger deal with its troubled rival – Credit Suisse. The former will pay $3.25 billion to finalize the deal, which is 60% less than what Credit Suisse was worth at the end of last week. Bitcoin reacted positively to the news, surpassing $28,500 for...Read More
Following an unsuccessful first attempt by the FDIC to find a buyer for Signature Bank, the latter placed in receivership by the fiscal authority will be bought out by Flagsta Bank – a subsidiary of New York Community Bancorp, Inc. Today, we entered into an agreement with a subsidiary of New York Community Bancorp, Inc.,...Read More
This blog presents an overview of our report, entitled ‘Crypto Outlook – Fundamentals vs. Sentiment: Three Scenarios to Watch in 2023’. You’ll find the full report here. In 2022, we noted that change comes quickly in the crypto industry, with this dynamism forcing a constant reassessment of assumptions. Last year proved this, and 2023 –...Read More
The Switzerland-based crypto ETP issuer – 21Shares – will reportedly terminate five of its funds and delist another one due to low interest from investors. Arielle Pennington – Head of Global Communications – claimed the firm will keep offering its other products that enjoy a solid level of demand. Scraping Some ETPs As revealed by Bloomberg,...Read More
Arbitrum, the biggest player in Ethereum’s layer-two scaling landscape, is about to airdrop its new Arbitrum token (ARB). From today at 03:00 UTC, users will be able to gain exposure to the highly anticipated Arbitrum token – via our new USDT-margined ARB linear futures listing.It’s an addition that means users can now long or short...Read More
