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   Business News    Business News   Business News

  Posted by u/ 6 months ago

Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says

Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.

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  Posted by u/ 6 months ago

Binance Spun Off Venture Capital Arm Earlier This Year

Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."

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  Posted by u/ 6 months ago

Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License

Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.

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  Posted by u/ 6 months ago

Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations

The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.

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  Posted by u/ 6 months ago

First Mover Americas: El Salvador Holds More BTC Than Expected

The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 6 months ago

Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin

The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.

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  Posted by u/ 6 months ago

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says

The bank raised its price target for the crypto exchange to $150 from $95.

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  Posted by u/ 6 months ago

Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap

The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.

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  Posted by u/ 6 months ago

Blockchains Will Upend Economies of Scale

The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY.

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  Posted by u/ 6 months ago

What Happens Next in COPA vs Craig Wright Trial is Down to the Judge

The Crypto Open Patent Alliance is seeking several court injunctions from Wright.

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  Posted by u/ 6 months ago

Meme Coins Going Legit Is the Worst Thing for Meme Coins

Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators?

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  Posted by u/ 6 months ago

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

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  Posted by u/ 6 months ago

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges.

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  Posted by u/ 6 months ago

Coinbase International Exchange Is Now A Certified Exchange On CCXT

Coinbase International Exchange achieves CCXT library certification, enabling institutional users to access enhanced trading features and algorithmic capabilities.

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  Posted by u/ 6 months ago

Hong Kong SFC Adds MEXC to Violations List for Unlicensed Operations!

Hong Kong SFC has issued a public warning concerning MEXC's unlicensed operations within its jurisdiction.

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  Posted by u/ 6 months ago

Memecoin Mania Returns: Billionaires Betting Big Again

According to Bloomberg, Memecoin mania return sees investors flocking to tokens like Pepe and Dogwifhat, increasing their values drastically, despite economic challenges.

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  Posted by u/ 6 months ago

Marathon Gears Up For Halving With New Machines Worth $87M

Marathon gears up for halving that threatens miner revenues. CEO Thiel outlines a plan including infrastructure acquisition and new mining machines.

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  Posted by u/ 6 months ago

Bankman-Fried Verdict Is Proposed Up To 50 Years In Prison

The Bankman-Fried verdict's impact on cryptocurrency fraud deterrence and victim compensation was emphasized.

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  Posted by u/ 6 months ago

Grayscale Ethereum ETF Is Now Being Revised 19b-4 Filing To The SEC

Grayscale Investments updated its regulatory filing to convert Ethereum Trust to Grayscale Ethereum ETF.

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  Posted by u/ 6 months ago

Fidelity Spot Bitcoin ETF Leads Inflows With $155 Million

Fidelity spot Bitcoin ETF leads with a $155 million net inflow, surpassing GBTC's $139 million outflow.

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  Posted by u/ 6 months ago

OP Sepolia Testnet Will Be Launched On March 19

OP Labs has announced a significant upgrade to the OP Sepolia testnet, scheduled for release on March 19.

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  Posted by u/ 6 months ago

El Salvador Bitcoin Investment Continues To Be Strengthened With 1 BTC Per Day

The El Salvador Bitcoin investment now stands at 5,689 BTC, with plans to transfer a significant portion to a physical vault.

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  Posted by u/ 6 months ago

Starbucks Odyssey NFT Will Be Discontinued From March 18

The Starbucks Odyssey NFT closure is scheduled for March 31, including the shutdown of the Discord server on March 18.

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  Posted by u/ 6 months ago

TSMC?s 110% Rally Draws Caution, Even From the Bulls

TSMC?s 110% Rally Draws Caution, Even From the Bulls

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  Posted by u/ 6 months ago

Wall Street Doom Prophesy Falls Flat on Hottest Rally Since 2016

Wall Street Doom Prophesy Falls Flat on Hottest Rally Since 2016

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  Posted by u/ 6 months ago

Stocks Fall as ?Triple Witching? Spurs Volume Jump: Markets Wrap

Stocks Fall as ?Triple Witching? Spurs Volume Jump: Markets Wrap

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  Posted by u/ 6 months ago

DOGE eyes $0.2 following Elon Musk?s comment as Memeinator?s presale approaches $7m

Key takeaways DOGE is approaching the $0.2 mark following Elon Musk’s recent speech. The Memeinator presale will conclude in the next round and has raised nearly $7 million so far. DOGE approaches $0.2 DOGE, the leading memecoin in the world, has been performing well over the last few days. The coin has added 25% to […]

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  Posted by u/ 6 months ago

Bitcoin Dogs presale crosses $11.2 million a day to its end

Bitcoin Dogs presale exceeds $11.2M in 28 days, poised for Tier 1 exchange listings. The project merges crypto and canine culture, offering Dogeverse for engagement. Bitcoin Dogs’ success comes amid BTC’s price surge and Elon Musk’s Dogecoin endorsement. Bitcoin Dogs, a pioneering project at the intersection of cryptocurrency and canine culture, has seen its presale […]

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  Posted by u/ 6 months ago

Pullix dominates Filecoin and Solana in altcoin rush, AI crypto aims for Chainlink?s dominance

Emerging crypto Pullix (PLX) has enjoyed more growth than other popular altcoins like Solana (SOL) and Filecoin (FIL) in the past few weeks. It’s an upcoming cryptocurrency exchange platform that hopes to close the gap between decentralized exchanges and centralized exchanges. Its objective is to combine the best elements from both types of exchanges to […]

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  Posted by u/ 6 months ago

Antler Interactive to Showcase Their Latest Creation, Cloudborn, at GDC

Stockholm, Sweden, March 14th, 2024, Chainwire Antler Interactive is bringing their latest creation, Cloudborn – A Web3 PC RPG with a sprinkle of MMO – into the limelight at GDC 2024. The turn-based battler set in a fantasy sky island realm is poised to take immersive gaming experiences to new heights by intertwining cutting-edge technology […]

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  Posted by u/ 6 months ago

Bittensor, Fetch.ai bullish despite dip as AltSignals offers buy opportunity

AltSignals offers an AI-powered trading signals platform, with ASI as the native utility and governance token. ASI recently listed on Uniswap and has surged more than 32% in the past week. FET and TAO tokens could be an attractive bet for portfolio diversification. As Bitcoin headlines crypto news stories with its surge to new all-time […]

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  Posted by u/ 6 months ago

Missed out on Shiba Inu (SHIB)? Memecoin (MEME) and NuggetRush (NUGX) could explode next

Investors who missed out on Shiba Inu have been showing keen interest in Memecoin and NuggetRush. NuggetRush is an emerging utility-backed memecoin with huge potential. Many analysts tip it to outperform SHIB, with some predicting a 70x upswing after its market debut. Why cry over spilt milk if you can just grab another or walk […]

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  Posted by u/ 6 months ago

dogwifhat (WIF) jumps 44% to new ATH as meme coins rise

dogwifhat (WIF) price rose more than 44% on Thursday to reach a new all-time high of $3.36. WIF was skyrocketing as the broader meme coins space reawakened with a bang. dogwifhat is soaring after a major marketing move that will see WIF on the Las Vegas Sphere for a week. dogwifhat (WIF) is the meme […]

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  Posted by u/ 6 months ago

MYRO price soars post Binance listing as Kangamoon (KANG) makes waves

MYRO price surges post Binance listing. Kangamoon (KANG) project gains traction. $KANG token presale offering investors early entry and growth potential. In a significant development in the cryptocurrency market, MYRO has experienced a significant price surge following in the footsteps of other meme coins like dogwifhat (WIF), PEPE, and Dogecoin (DOGE). At the same time, […]

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  Posted by u/ 6 months ago

Wealth manager Cetera picks 4 spot Bitcoin ETFs for its advisors

Cetera has released policy and guidance on spot Bitcoin ETFs for professional financial advisors. The wealth management firm has picked four spot Bitcoin ETFs for the over 12,000 financial advisors on its platform. Cetera pick is BlackRock’s IBIT, Invesco Galaxy’s BTCO, Franklin Templeton’s EZBC and Fidelity’s FBTC. Cetera Financial Group, a wealth management firm with […]

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  Posted by u/ 6 months ago

Gemini and Genesis Can Be Sued by SEC Over Defunct Earn Product, Judge Rules

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants? motions to dismiss in a Wednesday court filing.

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  Posted by u/ 6 months ago

Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry

An Australian Federal Court handed the Australian cryptocurrency industry a major victory in a landmark judgement on Thursday.

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  Posted by u/ 6 months ago

Developers Upload Script of Jerry Seinfeld?s ?Bee Movie? on Ethereum as Gas Fees Plunge After Dencun

Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.

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  Posted by u/ 6 months ago

Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says

"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.

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  Posted by u/ 6 months ago

Crypto.com to Appeal $3.1M Fine by Dutch Regulator for Operating Without Registration

The Dutch central bank announced the fine was imposed for non-compliance before the company registered with the regulator.

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  Posted by u/ 6 months ago

Robinhood to Benefit From ?Monster? Crypto Cycle, Initiated Outperform by Bernstein

Total crypto market cap is expected to reach $7.5 trillion by 2025 from $2.6 trillion today, the report said.

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  Posted by u/ 6 months ago

Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments

The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.

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  Posted by u/ 6 months ago

Layer 2 Blockchains Become Cheaper After Ethereum's Dencun Upgrade

The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data.

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  Posted by u/ 6 months ago

Robinhood Shares Jump in Premarket Trading After Blowout February Activity Levels

Crypto trading volume grew 10% month-on-month to $6.5 billion, the company said.

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  Posted by u/ 6 months ago

Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010

The American stockbroker has repeatedly called bitcoin a ?bubble? and said he still doesn?t believe in its long-term future.

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  Posted by u/ 6 months ago

DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study

The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.

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  Posted by u/ 6 months ago

Meme Coins Strongly Correlated to Network Growth: Franklin Templeton

Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.

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  Posted by u/ 6 months ago

Hong Kong Starts New Phase of CBDC Testing

Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.

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  Posted by u/ 6 months ago

Polyhedra Network Closes $20M Round at $1B Valuation

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  Posted by u/ 6 months ago

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange Bybit

Hong Kong's markets regulator identified Bybit as a suspicious cryptocurrency exchange and placed several of its products on its suspicious investment products list.

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