June 29, 2023

Ledger Jumps Into Institutional Trading Tech Market With Tradelink’s Launch

Prominent crypto wallet service provider Ledger has announced the launch of a new trading and settlement network technology dubbed Tradelink. The new product offering is designed for asset managers, custodians, and exchanges/OTC with off-exchange trading capabilities and aims to eliminate unnecessary complexities while simultaneously boosting operational speed. As per the company’s website, Tradelink enables trade...
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Canadian Lawmakers Publish Report Defending And Supporting Crypto, Coinbase Approves

A Canadian House committee published a report on Wednesday providing 16 recommendations for how the nation’s government should regulate the blockchain industry – and they’re remarkably bullish. Crypto exchange Coinbase praised the report, saying it was “encouraged by the forward-thinking approach of the parliamentary committee.” Opening Canada to Crypto In its first recommendation, The Parliamentary...
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DYDX Announces New Date for Its Cosmos-Based Public Testnet

DYDX Foundation, the non-profit organization behind the popular decentralized exchange (DEX) DYDX, has announced a new launch date for the public testnet of its Cosmos-based blockchain as it prepares to exit the Ethereum ecosystem later this year. According to the foundation, the testnet is set to go live next week on July 5, which is...
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The Ripple vs SEC Lawsuit: Why is it Taking So Long?Here Are The Potential Reasons

Despite the anticipation surrounding the Ripple vs.The SEC case, it is crucial to remain patient and trust the legal process. The decision will have a monumental effect on the digital asset space, with Ripple’s ongoing efforts, partnerships, and potential integration into banking systems. In a new video by Digital Outlook with David, the host discussed...
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Fidelity Refiles Bitcoin Spot ETF Application After BlackRock

Fidelity Digital Assets – the $4.5 trillion asset manager’s crypto-arm – has resubmitted its filing to launch a Bitcoin Spot ETF in the United States. Parts of the filing are virtually identical to BlackRock and ARK Invest’s respective submissions earlier this month. Fidelity Tries Again According to a 19-b4 filing with the U.S. Securities and...
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BlackRock Says Artificial Intelligence (AI) is a Mega Force in Today’s Market

Asset management giant – BlackRock – believes that structural shifts like the rise of artificial intelligence (AI) have the potential to drive returns now and in the future. Its new report described the space as a “mega force” whose applications could disrupt entire industries. BlackRock found that S&P 500 gains have become increasingly concentrated in...
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XRP Holders Lawyer John Deaton Comments on Jay Clayton’s Stance on Current Regulatory Regimen

The lawsuit between Ripple and the United States Securities and Exchange Commission has taken center stage once again as the agency continues with its predatory approach. Earlier this month, the Commission filed a lawsuit against Coinbase for dealing with unregistered securities, calling out a number of coins for being securities. Interestingly enough, this list didn’t...
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Here’s When SUI Network’s Tokens Will Be Unlocked

Sui network has laid out the SUI token release schedule just a day after the team behind the layer 1 blockchain and smart contract platform dismissed allegations that they unlocked staking rewards and “dumped” them on Binance. The decision to share the details of the schedule is in the interest of transparency and open communication...
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DAI, BUSD, TUSD, and USDT Holders Scooping Up Chunks of InQubeta (QUBE) During Presale

InQubeta (QUBE) InQubeta is a pioneering crypto crowdfunding platform that introduces a novel approach to investing in AI startups using $QUBE tokens. Developed by the InQubeta team, this platform aims to transform the traditional fundraising landscape for AI startups while enhancing community engagement. Through the utilization of non-fungible tokens (NFTs), InQubeta’s NFT marketplace enables AI...
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North Carolina House of Representatives Wants to Spend $50K to Study Benefits of Holding Bitcoin

The North Carolina House of Representatives has passed a bill that includes provisions to investigate the acquisition and potential benefits of Bitcoin and other cryptocurrencies. House Bill 721, titled “State Precious Metals Depository Study,” aims to examine the potential impact of a state securely holding, insuring, and liquidating virtual currency, with special emphasis on Bitcoin....
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ETH Clearly a Commodity According to Ethereum Co-Founder Joseph Lubin

Joseph Lubin (one of Ethereum’s co-founders) said it is clear that Ether (ETH) – is a commodity and not a security. Some regulators in the USA, including the SEC, have been somewhat uncertain regarding the coin’s status. No Doubt That it is a Commodity In a recent interview for Bloomberg, Lubin said it is a “forgone conclusion”...
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Here’s When Binance Users Have to Provide New Banking Details for EUR Deposits

In an email to its users, Binance has revealed that the platform’s EUR fiat payments partner, Paysafe, will stop offering SEPA deposits to Binance users. According to the email, the change will take place on September 25th, 2023. After this date, users will have to use new banking details to make EUR deposits to their...
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Mastercard Building Ethereum-Based Blockchain App Store for Regulated Financial Apps

On June 29, it was reported that the payments giant was planning to launch a “Multi Token Network” in beta in the UK over the next few months. Mastercard executive vice president and head of crypto and blockchain, Raj Dhamodharan, described it as an “app store powered by blockchain technologies for building regulated financial applications.”...
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Crypto Market Outlook: Here’s What Next For Bitcoin (BTC) and Ethereum (ETH) Price

Blackrock’s application to the SEC for a Bitcoin ETF has caused Bitcoin’s volatility to return. After months of low trading, the recent rally pushed Bitcoin above $30,000. While Ethereum is still experiencing rejection from a significant resistance level, Bitcoin is forming a new pattern that could potentially lead to a breakout.  According to a new...
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Bitcoin (BTC) $ 97,439.11 4.18%
Ethereum (ETH) $ 3,131.79 0.25%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 241.61 1.36%
BNB (BNB) $ 609.33 1.07%
XRP (XRP) $ 1.13 1.90%
Dogecoin (DOGE) $ 0.382437 2.66%
USDC (USDC) $ 0.999976 0.07%
Lido Staked Ether (STETH) $ 3,128.67 0.26%
Cardano (ADA) $ 0.776893 7.74%