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   Business News    Financial News   Financial News

  Posted by u/ 10 months ago

X-Spot granted trademark injunction against Huobi Global in Hong Kong

The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial.

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  Posted by u/ 10 months ago

Blockchain gaming market in North America is projected to reach $600B by 2030 ? report

The current market is growing by a 21.8% CAGR, according to a report from Fortune researchers.

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  Posted by u/ 10 months ago

Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company

Crypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company.

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  Posted by u/ 10 months ago

How can a company effectively improve compliance and manage Web3 risks?

As the Web3 market grows, the industry faces compliance and risk management challenges, highlighting the need for robust transaction monitoring and due diligence solutions.

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  Posted by u/ 10 months ago

Enjin Completes Migration of Over 200 Million NFTs from Ethereum to Enjin Blockchain

Enjin has completed the largest NFT migration in history, transferring 200 million NFTs to its Enjin Blockchain.

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  Posted by u/ 10 months ago

Miami Crew Leader Sentenced to 63 Months in Prison for Crypto and Bank Fraud

The U.S. Department of Justice (DOJ) has announced a sixty-three-month prison sentence against a Miami crew leader for using stolen identities to steal $4 million from a crypto exchange.\r\n\r\nPer a press release from the department late last month, Esteban Cabrera Da Corte (a.k.a. ?Steban?) now...

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  Posted by u/ 10 months ago

FIFA launches NFT collection amid 2023 World Cup

FIFA NFTs, powered on Algorand, have totaled only $2.4 million in trading volume since their inception last September.

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  Posted by u/ 10 months ago

Institutional Investors Maintain Buying Momentum as Crypto Funds Record $43 Million Inflows

Institutional investors tighten their grip on cryptocurrency funds as the market records $43 million inflows in the last seven days marking an 11th consecutive week in the green zone.

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  Posted by u/ 10 months ago

Coinbase Alumni?s C1 Fund Targets Australian Crypto Investment: Animoca Brands, Chainalysis in Focus

Web3 gaming giant Animoca Brands and blockchain analysis firm Chainalysis are on C1's radar.

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  Posted by u/ 10 months ago

South Korea excludes NFTs, CBDCs from crypto interest mandate

Users who deposit digital assets to exchanges in South Korea will be eligible to receive interest on their deposits.

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  Posted by u/ 10 months ago

Pudgy Penguins Unveils Web3 Game ?Pudgy World? Powered by zkSync Era

'The launch of Pudgy World plunges the company into Web3 gaming as the first-ever Web3 game with digital and physical collectibles,' Project Penguins said.

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  Posted by u/ 10 months ago

This Week?s Top Performers Revealed as BTC Price Remains Around $44K (Weekend Watch)

Some of the biggest gainers within the past seven days have soared by triple digits.

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  Posted by u/ 10 months ago

Bitcoin Dumps 5% in an Hour, Why Are Crypto Markets Tanking?

Bitcoin and crypto markets have taken a sharp turn south during Monday morning trading in Asia.\xa0

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  Posted by u/ 10 months ago

Bitcoin Price Prediction: BTC Dips to $42,000, Ocean Pool Blacklist Stirs Debate, Snowden Critiques Warren

Bitcoin is currently experiencing a noticeable downturn, trading at $41,875 with a significant decline of approximately 4.50% as of Monday. This market shift coincides with a contentious development in the crypto sphere: the Transaction Blacklist of Ocean Pool, which has sparked widespread debate and concern within the industry.

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  Posted by u/ 10 months ago

reports the

Venture Capital crypto fund C1 Fund has been meeting a number of Australian businesses offering to buy private holdings from investors,reports theAustralian Financial Review.

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  Posted by u/ 10 months ago

Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst

Bitcoin's brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst.

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  Posted by u/ 10 months ago

Is the Bitcoin price dip toward $40K a bear trap?

Bitcoin's sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.

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  Posted by u/ 10 months ago

Is the Crypto Bull Run Paused for Solana? What Does it Mean for BTC ETF Token?

Solana (SOL) has seen a sharp correction in the past day, falling over 13% after its monumental rally over the past few months. This abrupt change has prompted speculation over

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  Posted by u/ 10 months ago

US Fed 2024 rate cut could prove perfect catalyst for BTC halving

An increase in the U.S. Federal Reserve rate is considered bearish for the crypto market, as it constrains the flow of funds into the market, while a rate cut is seen as bullish, as it boosts risk appetite among investors.

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  Posted by u/ 10 months ago

UK asset manager M&G invests $20M in Bitcoin derivatives exchange

M&G invests $20 million in Global Futures & Options Holding to open up cryptocurrency derivatives trading to traditional financial institutions.

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  Posted by u/ 10 months ago

National Security Officials Discuss to Combat DPRK?s Crypto Illicit Use in WMD Programs

They discussed various issues including North Korea's cryptocurrency thefts and its ongoing WMD program.

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  Posted by u/ 10 months ago

One-hour Bitcoin block times: What do they mean and are they frequent?

Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal ? or even very common?

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  Posted by u/ 10 months ago

Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX

Bitcoin?s sharp correction surprised investors, but is it a sign that further downside is in store?

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  Posted by u/ 10 months ago

Bitcoin Maintains Investor Interest with $20 Million Inflows, YTD Total Hits $1.7 Billion: CoinShares

The United States is trailing behind in digital asset inflows, securing $14 million, with half of this amount directed towards Bitcoin short positions.

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  Posted by u/ 10 months ago

Bitcoin price sell-off continues, but data highlights need for healthy correction

Bitcoin price opened the week with a sharp sell-off, but on-chain and technical data points to a much-needed cooling-off period.

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  Posted by u/ 10 months ago

El Salvador's Volcano Bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.

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  Posted by u/ 10 months ago

Bitcoin Inscriptions Highlighted as Cybersecurity Risk by National Vulnerability Database

Bitcoin's network performance and transaction fees may be impacted by the vulnerability, potentially limiting future Ordinals inscriptions.

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  Posted by u/ 10 months ago

Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a ?5.3 Medium? severity score.

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  Posted by u/ 10 months ago

Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval

Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto trusts must, however, undergo Google certification. Google’s policy update aligns with a broader industry trend and Bitcoin’s 74% surge in the past 90 days. In a strategic move, Google has revised its cryptocurrency-related advertising policy […]

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  Posted by u/ 10 months ago

Will Bitcoin (BTC) to $50K Come Sooner or Later? Interest in Hedera (HBAR) & InQubeta (QUBE) Surges

The cryptocurrency rollercoaster continues, and Bitcoin (BTC), the best crypto to invest in now, has breached the $43K mark, having experienced a 15.46% rise in the first seven days of December. The burning question on everyone’s mind is whether BTC will surge to $50K before the year ends.  This article delves into the factors influencing […]

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  Posted by u/ 10 months ago

Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. […]

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  Posted by u/ 10 months ago

The global metaverse gaming market set to surge 1085.92% by 2030

Metaverse gaming market is poised to surge from $14.2B in 2023 to $168.4.21B in 2030. Driven by AR, VR, and blockchain, this technological revolution is reshaping the gaming experience. The projected growth unleashes economic opportunities, with virtual assets, currencies, and services gaining real-world value. The metaverse gaming market denotes a virtual space where players engage […]

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  Posted by u/ 10 months ago

Attention Investors in Polygon and TRON: New Cryptocurrency Emerging as a Potential Game-Changer

TLDR Polygon (MATIC) is predicted to drop below $0.78 despite Amazon partnership.  TRON (TRX) lags in the market as experts predict its price to fall below $0.08.  Rebel Satoshi’s ($RBLZ) presale gathers steam with 150% profits guaranteed for investors.  Investors of top altcoins such as Polygon (MATIC) and TRON (TRX) have been warned by crypto […]

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  Posted by u/ 10 months ago

$300M crypto long liquidations ? 5 things to know in Bitcoin this week

BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners breathe a sigh of relief.

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  Posted by u/ 10 months ago

Is the Bitcoin price dip toward $40K a bear trap?

Bitcoin?s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.

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  Posted by u/ 10 months ago

Why is Ethereum (ETH) price down today?

Ethereum price is down today, and data suggests the correction was influenced by more than just futures liquidations.

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  Posted by u/ 10 months ago

Bitcoin price sell-off continues, but data highlights need for healthy correction

Bitcoin price opened the week with a sharp sell-off, but on-chain and technical data points to a much-needed cooling-off period.

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  Posted by u/ 10 months ago

Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks

Conio is also deeply involved in the institutional uptake of digital assets, specifically the Euro Token project overseen by the innovation center of the Bank of Italy.

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  Posted by u/ 10 months ago

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters

The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.

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  Posted by u/ 10 months ago

Cathie Wood's ARK Invest Sells Most Coinbase Shares Since July as Price Rises

ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.

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  Posted by u/ 10 months ago

First Mover Americas: Bitcoin Slips to $42K From Last Week's Yearly High

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 11, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 10 months ago

Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock

Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku.

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  Posted by u/ 10 months ago

South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users

The rules are scheduled to take affect on July 19 next year.

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  Posted by u/ 10 months ago

Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says

The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

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  Posted by u/ 10 months ago

Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K

A "flash crash" in thin trading Sunday evening, saw bitcoin's price plunge nearly 10% from the $44,000 level in the space of a few minutes.

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  Posted by u/ 10 months ago

Seamless Protocol Issues SEAM, Bags First Base-Blockchain Token Listing on Coinbase

Seamless previously operated the "OG Points" program, allowing thousands of users to earn points in their on-chain wallets.

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  Posted by u/ 10 months ago

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

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  Posted by u/ 10 months ago

Binance?s Market Share of Crypto Trading Tumbled to 30% in 2023

The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.

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  Posted by u/ 10 months ago

Explaining Bitcoin?s ?Flash Crash?

The cryptocurrency's volatility cuts both ways.

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  Posted by u/ 10 months ago

Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts

Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.

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