JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and the bank’s Tokenized Collateral Network (TCN). BlackRock employed this system to tokenize shares from one of its money market funds, which were subsequently transferred to...Read More
Our new LOOM listing – LOOMUSDT – has arrived on BitMEX, and is now available to trade with up to 10x leverage. For the lowdown on this new LOOM listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you...Read More
Bitstamp’s CEO, Bobby Zagotta, announced that the firm will be discontinuing its services to customers in Canada. The decision is set to take effect on January 8, 2024, and comes after Bitstamp informed its Canadian customers of the impending change back in March. Bitstamp to Exit the Canadian Market Bobby Zagotta, the U.S. CEO and...Read More
Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing FTX customers’ money, Ellison said FTX bribed the Chinese government with $100 million to unlock a much larger pool of frozen assets. FTX’s Bribes According...Read More
Researchers at Standard Chartered Bank recently claimed that Ether (ETH), the second-largest cryptocurrency by market cap, could rise to 500% of its current price by the year 2026. The bank’s bullish prediction follows a similarly optimistic forecast for Bitcoin (BTC), which it claimed could reach $120,000 before 2025. Why ETH Could Skyrocket Per a research...Read More
In a crucial moment, the Federal Open Market Committee (FOMC) has signaled a steadfast approach towards its ‘restrictive’ monetary policy amidst an ongoing inflation surge. The minutes from the recent meeting showed a commitment to maintaining higher interest rates for “some time” until inflation slows down. Following this news, Bitcoin price dropped toward the low...Read More
iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone for the company’s growth, history, and efforts to make amends for its tainted history. The $150 Million Share Buyback Plan As per the reports, iFinex...Read More
Cryptocurrency trading platform WOO Network revealed intentions to buy back its shares from the bankrupt crypto hedge fund Three Arrows Capital (3AC) to clear the uncertainty that has clouded its business due to the company’s collapse. According to an official announcement, WOO has agreed with 3AC liquidator Teneo to repurchase the shares and tokens at...Read More
Recently, a lot of people have started selling their holdings, which has caused the prices of major ones, like Bitcoin, to fall sharply. Right now, the prices of altcoins are kind of stable, but they’re at a low point that we’ve seen in the past month. Bitcoin’s price is currently knocking $27,000, and it’s testing...Read More
Soccer legend Cristiano Ronaldo and Binance announced the launch of their third NFT collection: The CR7 ForeverZone, which features 50,000 limited-edition mystery boxes, will be made available for free to new and existing users of the exchange. This marks the latest development in the ongoing collaboration between Ronaldo and Binance, with the shared objective of...Read More
[PRESS RELEASE – Dover, United States, October 11th, 2023] CoinMarketCap is excited to announce the launch of the CoinMarketCap Plugin for ChatGPT, bringing together the world’s most trusted cryptocurrency data with the world’s most advanced AI chatbot. The base ChatGPT has limited use to crypto enthusiasts, as data is mostly restricted up to Sept 2021....Read More
In a 500+ page report, a Brazilian congressional committee has laid out recommendations for indictments against CZ, local executives, and those of several other crypto-related firms. The committee in question is led by congressional deputy Ricardo Silva and recommends further investigation into the crypto platform – separate from an investigation into Binance already underway by...Read More
Regardless of experience, when it comes to trading success, a key element is technical analysis and the subsequent strategies employed. By definition, technical analysis is a method that forecasts future market movements, based on historical data, while also taking into consideration current prices. The most common of techniques within technical analysis being the analysis of...Read More
Lawyers representing Sam Bankman-Fried have formally requested the court’s approval to introduce evidence related to his investment in Anthropic, an artificial intelligence startup. In a letter addressed to Judge Lewis A. Kaplan, SBF’s legal team argued that the prosecutors’ recent request to prevent any discussion of Anthropic misinterprets the significance of the evidence. Sam Bankman-Fried’s...Read More
On Oct. 10, the billionaire investor told CNBC that it was an extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and America’s dire financial situation. The founder and chief investment officer of Tudor Investment said, “It’s a really challenging time to want to be an equity investor and in...Read More
Crypto market indicators show that the amount of Tether (USDT) currently sitting on exchanges is at the highest levels seen since March this year. According to a tweet by crypto analytics platform Santiment, exchanges have witnessed a 40% increase in available USDT since June 13, 2023. USDT Supply on Exchanges Hits Seven-Month Levels The market...Read More
