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   Business News    Financial News   Financial News

  Posted by u/ 10 months ago

Senate Republicans block aid to Ukraine, call for more border security measures

The Senate voted to block a bill Wednesday that would have provided aid to Ukraine as Republicans have clamored for stricter border security measures.

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  Posted by u/ 10 months ago

Republicans tee up vote on Biden impeachment inquiry before Christmas

House Republicans are teeing up a vote to formally authorize their impeachment inquiry into President Joe Biden.

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  Posted by u/ 10 months ago

Binance halts AEUR stablecoin trading after a 200% surge days after listing

Binance abruptly halts AEUR trading. The euro-pegged stablecoin experienced an extraordinary 200% surge just one day after its listing. AEUR is supposedly backed by euro fiat assets. Binance has abruptly halted trading on the AEUR stablecoin, pegged to the euro, as its value soared over 200%. The unexpected surge on December 5 raised concerns, leading […]

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  Posted by u/ 10 months ago

Memeinator quickly sells out in stage 6, maintaining huge predictions in 2024

Memeinator has entered stage 7 of the presale as demand rises. The presale delivers a 132% ROI in 29 stages. Memeinator has up to 50x potential in the long term. As 2023 tip toes toward the finish line, Memeinator (MMTR) is emerging as an invincible meme token contender. Investors have accumulated over $1.724 million up to […]

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  Posted by u/ 10 months ago

Solana (SOL) and Avalanche (AVAX) Encounter Strong Competition as BorroeFinance ($ROE) Attracts Investors Seeking Stability

Emerging crypto projects like BorroeFinance ($ROE) are making waves in the industry, challenging top crypto coins like Solana (SOL) and Avalanche (AVAX). As BorroeFinance continues its presale phase with a remarkable 50% surge from $0.01 to $0.015, it positions itself as a significant player in the crypto market. Let’s delve into the current scenarios of Solana and […]

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  Posted by u/ 10 months ago

5IRE token launches on Bybit, pioneering sustainable blockchain era

The 5ire token (5IRE) has successfully debuted on the Bybit exchange. With a community comprising entrepreneurs, developers, and sustainability advocates, 5ire emphasizes inclusivity and collaboration. 5IRE has inked strategic collaborations with governments, universities, and enterprises globally, including the Government of India’s NITI Aayog. In a groundbreaking move, the 5ire token (5IRE) has successfully entered the […]

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  Posted by u/ 10 months ago

Litecoin (LTC) and Ethereum (ETH) Gain Momentum: NuggetRush?s Unique Position on the Market

TLDR Litecoin’s (LTC) network activity has risen due to the declining patronage of its main rival, XRP. Crypto users are intensifying their calls for Ethereum (ETH) spot ETFs. NuggetRush’s (NUGX) fame has grown considerably after its presale growth of 30%. Litecoin’s (LTC) network activity has grown due to the reduced network activity of XRP, one […]

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  Posted by u/ 10 months ago

Terra founder Do Kwon appeals against extradition to South Korea and the US

Do Kwon appeals his extradition decision. Kwon’s legal battle began on June 15 with a six-month detention for extradition. The High Court recently approved requests from South Korea and the United States. In some breaking crypto news, Terraform Labs co-founder, Do Kwon, has officially lodged an appeal against the recent extradition decision by the Montenegrin […]

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  Posted by u/ 10 months ago

Coinbase unveils global, instant money transfers via popular messaging and social platforms

Coinbase will allow users to send money globally via popular messaging apps like WhatsApp, iMessage, and Telegram. The transactions are instant and free, breaking down geographical barriers. To facilitate these transfers, both the sender and receiver need the Coinbase Wallet. Cryptocurrency exchange giant Coinbase yesterday rolled out a groundbreaking service, allowing users to send money […]

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  Posted by u/ 10 months ago

BitMEX partners with PowerTrade for new crypto trading products

BiMEX is partnering with crypto options platform PowerTrade to explore and offer new trading products to professional traders. The strategic partnership is backed by Ascend Ventures, Pantera Capital, Ledger Prime and QCP Capital. Crypto derivatives exchange BitMEX has announced a strategic partnership with PowerTrade, a crypto options platform backed by Ascend Ventures, Pantera Capital, Ledger […]

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  Posted by u/ 10 months ago

Hong Kong bans two crypto sites for misleading investors

Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked after a joint effort of the police and internet providers. The two cases come not long after investors lost over 1.6 billion HKD ($204 million) in JPEX and Hounax. Hong Kong’s Securities and Futures Commission […]

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  Posted by u/ 10 months ago

Bitcoin is up 170% since the ECB called its ?last gasp? at $16.4K

Bitcoin completely contradicts what the European Central Bank warned about in late 2022.

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  Posted by u/ 10 months ago

Lawmakers? fear and doubt drives proposed crypto regulations in US

If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions.

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  Posted by u/ 10 months ago

SocGen to Introduce EURCV Stablecoin, Picks Flowdesk as Market Maker

EURCV isn't the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.

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  Posted by u/ 10 months ago

Key Metrics Show Crypto Traders Turning to Ether From Bitcoin

Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.

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  Posted by u/ 10 months ago

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.

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  Posted by u/ 10 months ago

Cathie Wood's ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust

ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.

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  Posted by u/ 10 months ago

Solana Hype Bumps BONK to Third-Largest Dog Token, Behind DOGE, SHIB

A more than 70% surge since Sunday has catapulted it to the third-largest dog-themed tokens behind foremost dogecoin (DOGE) and shiba inu (SHIB).

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  Posted by u/ 10 months ago

Over $600M Locked in Open Dogecoin Futures as DOGE Price Hits Highest Since April

A rise in open interest alongside a rise in price is said to confirm an uptrend.

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  Posted by u/ 10 months ago

Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp

The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.

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  Posted by u/ 10 months ago

First Mover Americas: Traders Are Turning to Ether

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 6, 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

Worldcoin Foundation $5M Grants Program Focuses on 'Equitable Systems'

The grants are supposed to give developers a ?focus on building resilient technology and more equitable systems.?

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  Posted by u/ 10 months ago

Crypto ETP Issuer 21Shares' COO Exits

Lucy Reynolds, a former WisdomTree executive, had been with the company since 2020.

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  Posted by u/ 10 months ago

Crypto Lending Firm Ledn Offers Low-Risk Custodied Loans

Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world.

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  Posted by u/ 10 months ago

Elon Musk Halts Dogecoin Surge by Saying His AI Business Is 'Not Raising Money'

DOGE surged Tuesday after an SEC filing showed xAI had already raised $134.7 million and might seek $1 billion.

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  Posted by u/ 10 months ago

Coinbase Adds Message-Based Crypto Payments to Its Decentralized Wallet

Crypto exchange Coinbase (COIN) has updated its decentralized wallet, adding a low-cost way for users to instantly send money to each other through messaging apps by adding features that seem to emulate payments giant Paypal.

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  Posted by u/ 10 months ago

Ethereum's 'Censorship' Problem Is Getting Worse

Four of the five biggest "block builders" on Ethereum are excluding transactions sanctioned by the U.S. government, according to new research.

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  Posted by u/ 10 months ago

Bitcoin and the Predictability of Crypto Market Cycles

History shows there's likely a bright year ahead for BTC's price.

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  Posted by u/ 10 months ago

Why Are Pros Craving a Spot Bitcoin ETF?

The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge.

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  Posted by u/ 10 months ago

BlackRock Spot BTC ETF Seed Funding is a Step Forward, but Just a Step

Asset manager BlackRock (BLK) turned some heads earlier this week when an updated prospectus for its spot bitcoin ETF application included a disclosure that it had collected $100,000 in seed capital for the fund.

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  Posted by u/ 10 months ago

Altcoins Heat Up With AVAX and HNT Leading the Way

Money is flowing into more speculative names following bitcoin's big run higher.

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  Posted by u/ 10 months ago

BitTorrent's BTT Token Doubles in Value as Tron, on Which It's Issued, Hits 200M Users

The BTT token from BitTorrent, the file-sharing platform that Tron bought in 2018, more than doubled in price on Wednesday amid apparent optimism about the Tron blockchain.

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  Posted by u/ 10 months ago

Bitcoin Core's 'v26.0' Upgrade Aims to Impede Eavesdropping, Tampering

The v26.0 upgrade contains experimental support for the v2 transport protocol as defined by Bitcoin Improvement Proposal 324 (BIP324).

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  Posted by u/ 10 months ago

The Protocol: Bitcoin Censorship, or Just 'Spam Filtering?'

In this week's issue of The Protocol newsletter, we're highlight blockchain developers named in CoinDesk's Most Influential list just out, including Blockstream's Lisa Neigut, Polygon's Jordi Baylina, Base's Jesse Pollak and Optimism's Karl Floersch.

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  Posted by u/ 10 months ago

JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto

JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.), who is trying to impose restrictions to combat illicit digital transactions.

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  Posted by u/ 10 months ago

Pro-Blockchain Bill Clears Hurdle in U.S. House

Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology.

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  Posted by u/ 10 months ago

Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge

Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January.

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  Posted by u/ 10 months ago

CZ's Guilty Plea Accepted by Judge, Has Yet to Decide If Binance Founder Can Go Home

A federal judge accepted Binance founder Changpeng "CZ" Zhao's guilty plea to one count of violating the Bank Secrecy Act, but has not yet weighed in on whether Zhao can go back to the United Arab Emirates before he is sentenced in February.

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  Posted by u/ 10 months ago

Protocol Village: Beam to Launch on Immutable zkEVM, Gaming-Focused L2 With Polygon Tech

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 7-Dec. 13, with live updates throughout.

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  Posted by u/ 10 months ago

Binance, SBF, ETH and Gensler Get Mentions at Republican Presidential Debate

Republican leadership contender Vivek Ramaswamy got the first crypto question.

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  Posted by u/ 10 months ago

Japan to Exempt Companies From Unrealized Crypto Gains Tax ? Report

The proposed exemption is set to be included in the fiscal 2024 tax reform plan, policymakers said Tuesday.

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  Posted by u/ 10 months ago

Hong Kong Monetary Authority Set to Launch Second Tokenized Green Bond in Coming Months

The Hong Kong Monetary Authority (HKMA) is gearing up to introduce its second tokenized green bond, expected to be unveiled within the next few months.

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  Posted by u/ 10 months ago

Pepe Price Up 50% This Week Amid Altcoin Season, New GameFi Crypto ?Meme Kombat? Features AI Pepe Battles\xa0

The meme coin Pepe (PEPE) has seen a massive 55% price increase over the past week, riding the hype around altcoin season. PEPE remains the world?s third-largest meme coin by

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  Posted by u/ 10 months ago

SocGen?s Own Stablecoin Set to Debut Trading on Bitstamp Exchange

EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain.

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  Posted by u/ 10 months ago

Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge

Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said.

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  Posted by u/ 10 months ago

Robinhood Launches Commission Free Crypto Trading App in EU

Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading.

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  Posted by u/ 10 months ago

Spot Bitcoin ETF Approval Could Create Trillions Of Dollars In Value

Tether advisor Gabor Gurbacs predicts trillions in value for a spot Bitcoin ETF approval, drawing parallels with gold's historic surge.

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  Posted by u/ 10 months ago

JPMorgan CEO Jamie Dimon Takes A Harsh View Of Bitcoin And Crypto

JPMorgan CEO Jamie Dimon calls for a cryptocurrency ban, citing criminal use, during a Senate hearing.

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  Posted by u/ 10 months ago

Bitcoin Options Traders Expect Price To Hit $50,000 By January 2024

Bitcoin options traders anticipate a surge to $50,000 by January, reflecting growing optimism about the cryptocurrency's future.

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  Posted by u/ 10 months ago

India Blockchain Week 2023: Unveiling Dynamic Lineup for Flagship Conference

India Blockchain Week (IBW) is set to kick off its flagship series of blockchain and Web3 events from December 4-10, 2023. The week-long extravaganza will showcase renowned Web3 events, including the Web3 Carnival, ETHIndia, Polygon Connect, and more.

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