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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Bitcoin hits $30.2K August high amid warning longs 'chasing' BTC price

Bitcoin traders ramp up bullish prognoses as BTC price faces down key resistance ? can bulls stay the course?

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  Posted by u/ one year ago

Spot Bitcoin ETF Approved in 2023? Mike Novogratz Believes So

According to his contacts at Invesco and BlackRock, Novogratz suggested that the spot BTC ETF is four to six months away from being approved.

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  Posted by u/ one year ago

Carlyle Group CEO David Rubenstein Says Bitcoin is Here to Stay \x93 Here's the Latest

Ever wondered how the world's shifting view on cryptocurrencies will impact its future? David Rubenstein, co-chairman of the Carlyle Group, recently discussed the growing institutional interest in Bitcoin, citing BlackRock's ETF move as a testament. Here are his insights on the evolving market landscape.

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  Posted by u/ one year ago

Binance drops majority of USD Coin reserves ? Latest USDC news

This week?s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.

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  Posted by u/ one year ago

Bitcoin risks 15% dip by October, but $100K is due in 2026 ? Analysis

Bitcoin falling back to $25,000 would mark its 'last big dip' before the next BTC price bull run, says Cane Island's Timothy Peterson.

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  Posted by u/ one year ago

Ripple (XRP) Still Corruptible, No Major Adoption: Mark Yusko

XRP is still overconcentrated and hasn?t gained traction close to that of Bitcoin and Ethereum, Yusko says.

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  Posted by u/ one year ago

CipherTrace expert says Chainalysis data contributed to ?wrongful arrest? of alleged Bitcoin Fog founder

CipherTrace?s director of investigations and intelligence says data provided to the government by Chainalysis cannot be verified and should not be admissible in court.

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  Posted by u/ one year ago

Bitcoin Price Prediction as BTC Approaches $30,000 Resistance \x93 What Happens Next?

On Wednesday, the price of Bitcoin continued to rise, increasing by over 2% and reaching approximately $29,500. While it initially surged to $30,000, it settled above $29,500 due to lower trade numbers in China and a decrease in the US 10-year Treasury yield.

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  Posted by u/ one year ago

Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production.

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  Posted by u/ one year ago

Aptos Labs taps into Microsoft?s AI infrastructure to accelerate Web3 adoption

Aptos Labs has partnered with Microsoft to expand global access to Web3. Developers building on the blockchain network will leverage Microsoft’s Azure OpenAI Service to streamline and scale dApps. Aptos price rose 18% to highs of $7.92 after the news. Aptos Labs, a layer 1 blockchain launched in the aftermath of Meta’s discontinued Diem project, […]

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  Posted by u/ one year ago

Huge anticipation as Shiba Memu clocks nearly $1.7M in presale

New meme sensation Shiba Memu has raised $1.697 million Shiba Memu gears to be a sustainable meme cryptocurrency The token has a huge potential of up to 50x There is a lot of enthusiasm around the launch of a new meme cryptocurrency, Shiba Memu. The lovely puppy of a cryptocurrency has caught the eye of […]

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  Posted by u/ one year ago

13 banks to participate in Russia?s CBDC pilot program

The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations spread across 11 Russian cities. Less than a month after Vladimir […]

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  Posted by u/ one year ago

Coinbase?s Base mainnet, featuring 100+ dApps, opens to the general public

The Base Network is built on Optimism’s software stack called OP Stack. It is a Layer 2 solution that aims to offer dApps an alternative to Ethereum. Base offers lower transaction fees and higher transaction speeds. Base mainnet, a blockchain network developed by Coinbase cryptocurrency exchange, has officially opened to the general public. The Base […]

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  Posted by u/ one year ago

Venom Foundation Partners with the UAE Government to Launch National Carbon Credit System

Abu Dhabi, UAE, August 9th, 2023, Chainwire Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and implement the National Carbon Credit System. This landmark partnership represents a significant step towards leveraging blockchain technology […]

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  Posted by u/ one year ago

Introducing TON Space ? Self-Custody Wallet in Telegram, Available to Developers Now

Dubai, United Arab Emirates, August 9th, 2023, Chainwire Wallet, the TON-based application in Telegram Messenger, announces the launch of TON Space, a new self-custody wallet, that gives users complete control of their digital assets. In tandem with this upcoming product comes the opening of a waitlist for developers to integrate with TON Space in beta. […]

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  Posted by u/ one year ago

Maple Finance?s one-month US Treasury yields get SEC exemption

The exemption will allow Maple Finance to offer the Treasury yields to US institutional investors Previously, the Maple Finance Treasury pools were not available to US investors. Institutional crypto hedge fund Room40 Capital is currently Maple Finance Treasury Pools’ sole borrower. To offer its one-month US Treasury yields to accredited investors in the United States, […]

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  Posted by u/ one year ago

Taraxa (TARA) price is up 800% this past week: Why is TARA pumping?

Taraxa (TARA) has pumped more than 35% in the past 24 hours. TARA, native to the BlockDAG-powered smart contracts platform, has outperformed by over 800% in the past one week. Taraxa (TARA) is one of the trending cryptocurrencies today, with its price hitting intraday highs of $0.014 on Wednesday.  The outperformance seen on the day […]

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  Posted by u/ one year ago

CleanSpark reports a 47% annualised growth in quarterly revenue

CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc is trading slightly up in extended hours after reporting a narrower-than-expected loss for its fiscal third quarter. CleanSpark Q3 financial highlights Lost $14.2 million versus […]

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  Posted by u/ one year ago

PEPE Price Skyrockets 8%: This Whale Bought Almost 1 Trillion PEPE Coin

PEPE Coin skyrockets by over 8% in the past 24 hours. Could this whale be the reason?

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  Posted by u/ one year ago

Bitstamp Delists SOL, MATIC and More: Here?s When

Bitstamp has made the decision to halt trading for a number of cryptocurrencies, including SOL, SAND, and MATIC.

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  Posted by u/ one year ago

BiFinance: Paving the Way for Global Cryptocurrency Adoption

The cryptocurrency industry has changed by leaps and bounds throughout the past couple of years. This is partly due to the fact that the market went through a parabolic rally

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  Posted by u/ one year ago

Shiba Inu Price Soars 10% Daily: Could This Be The Reason?

Shiba Inu exploded by 10% in the past 24 hours, following broader market upswing. However, could there be another reason behind the rally?

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  Posted by u/ one year ago

Here's How PayPal Plans to Monetize Its New PYUSD Stablecoin

PayPalÂ\xa0plans to generate revenue from its upcoming stablecoin in a number of ways, including from its use in payment transactions.

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  Posted by u/ one year ago

Federal Reserve Launches New Program to Oversee Crypto Activities of Banks

The U.S. central bank has provided additional information on its program to supervise what it calls ?novel activities? in the banks it oversees.

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  Posted by u/ one year ago

Bank of England Remains Focused on Systemic Stablecoin Regime

TheÂ\xa0UKÂ\xa0central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime.

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  Posted by u/ one year ago

Why Hasn?t XRP?s Price Reached $1 Despite SEC Victory? John Deaton Opines

This is why Ripple's price didn't reach $1 yet, according to John Deaton.

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  Posted by u/ one year ago

Today in Crypto: Bitstamp 'Permanently' Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money Lost Due to Slippage 'Misunderstanding', Unstoppable Domains Launches Blue Premium Membership

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Users Will be Reimbursed for Losses Due to Significant Slippage on Cardano-Based MuesliSwap

Immediate measures were enacted to address the slippage concern within the MuesliSwap order book.

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  Posted by u/ one year ago

SEC to seek interlocutory appeal in Ripple case

The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torres laid out her non-final ruling.

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  Posted by u/ one year ago

El Salvador Becomes the Latest Country Where Binance Secures Regulatory Approval

The authorization will allow Binance to provide crypto products and services "tailored" to the needs of Salvadoran customers.

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  Posted by u/ one year ago

Elon Musk?s Lawyers Move to Dismiss ?Frivolous? Dogecoin Fraud Case

Elon Musk's lawyers say its time to throw out the lawsuit about his alleged insider trading of Dogecoin.

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  Posted by u/ one year ago

Blockchain games aren?t really decentralized? but that?s about to change

A ragtag group of communists and ZK-rollup fans are working tirelessly to make blockchain games composable and fully on-chain. It?s not easy.

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  Posted by u/ one year ago

Cardano-Based MuesliSwap to Refund ?High Slippage? Losses for Users

Users are said to have lost varying amounts of funds by setting slippage too high due to a ?misunderstanding.?

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  Posted by u/ one year ago

Bitcoin's 'Taker Buy-Sell Ratio' Surges, Signals Renewed Bullish Vigor

The taker buy-sell ratio measures the buy volume divided by the sell volume of takers in perpetual swap trades.

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  Posted by u/ one year ago

Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

Major global financial and consumer platforms are expected to issue co-branded stablecoins resulting in significant growth for these cryptocurrencies, the report said.

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  Posted by u/ one year ago

XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

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  Posted by u/ one year ago

Trader Who Predicted Luna's Downfall Now Holds 450K MOON Tokens

GCR likely bought 450,000 MOON at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.

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  Posted by u/ one year ago

Rollbit's RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn

Rollbit revenues crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount ? after costs ? will use to fund RLB purchases daily.

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  Posted by u/ one year ago

Maple Finance's Tokenized Treasuries Available to U.S. Investors After Securities Exemption

The platform's cash management facility has grown to $22 million in assets under management since opened in April.

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Flirts With $30K as Traders Await CPI

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Russia to Test Digital Ruble With Banks, Clients

The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.

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  Posted by u/ one year ago

Microsoft, Aptos Labs Team Up on New Blockchain AI Tools

Aptos, a reincarnation of Facebook's Diem blockchain, is integrating Microsoft's AI infrastructure to support users and developers.

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  Posted by u/ one year ago

Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding

The fundraising was led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures.

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  Posted by u/ one year ago

?The Next Crypto Gem? TV Show Aims to Be ?The Apprentice? for Crypto

The new reality show pits contestants against one another for a prize package estimated to be worth over $150K.

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  Posted by u/ one year ago

Grimes Made More Money From NFTs Than From Her Entire Music Career: Wired

In a recent interview, the artist claimed that she hopes that NFTs and crypto can ?come back? to help compensate digital artists.

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  Posted by u/ one year ago

Coinbase Officially Launches Base Blockchain in Milestone for a Public Company

The big U.S. crypto exchange Coinbase says its blockchain is the first ever to be launched by a publicly traded company, and represents a major push into a new revenue opportunity.

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  Posted by u/ one year ago

Coca-Cola and Friends With Benefits Headline Base?s ?Onchain Summer? Web3 Festival

Coinbase?s layer 2 network is celebrating its launch with Onchain Summer, a multi-week series of Web3 activations across art, gaming and music.

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  Posted by u/ one year ago

A Wild Month for Treasuries Is Slow Going for Crypto: Crypto Long & Short

Bitcoin looks more stable than long-term U.S. Treasuries, which means it?s a boring time for crypto but an exciting time in the bond market.

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  Posted by u/ one year ago

The Right Way to (Passively) Invest in Crypto: Crypto Long & Short

John Bogle and modern portfolio theorists revolutionized investing, but their insights need some revision to work in crypto.

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  Posted by u/ one year ago

As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks

Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

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