Category: Crypto

March 13, 2023

Binance CEO Changpeng Zhao (CZ) announced on Monday that the company had converted $1 billion BUSD into bitcoin (BTC), BNB, and ethereum (ETH). “Given changes in stablecoins and banks, Binance will convert the remaining $1 billion from the Industry Recovery […]

March 13, 2023

Bitcoin (BTC) rose back above $22,000 on Monday, as the U.S. Treasury confirmed it will backstop depositors’ funds. This will be for both Silicon Valley Bank and Signature Bank, which become the second and third biggest banking failures in U.S. […]

March 7, 2023

Cryptocurrencies, according to reports, will be widely used as payment methods shortly. According to a recent survey conducted by Ripple and FPC, a payment organization, more than 50% of participants believe that the majority of merchants will begin accepting crypto-poised […]

March 6, 2023

Bitcoin (BTC) started the week in consolidation, ahead of a key week of economic data from the United States. Following a high of $22,497.00 on Sunday, BTC/USD slipped to an intraday low of $22,331.31 earlier in the session. As a […]

March 3, 2023

Bitcoin (BTC) consolidated Friday’s losses to start the weekend, as market volatility eased in today’s session. Following yesterday’s low of $22,213.24, BTC/USD rose to an intraday high of $22,444.19 earlier in the day. The move sees bitcoin move back above […]

February 28, 2023

Bitcoin (BTC) has largely been in consolidation in today’s session, as markets prepare for a big week of U.S. economic activity data. Following a low of $23,165.23 on Sunday, BTC/USD rose to an intraday high of $23,654.37 earlier in today’s […]

February 23, 2023

When registering with the CSA, it says crypto exchanges must have enhanced protections for the custody and segregation of crypto assets for Canadian clients and a prohibition on offering margin, credit or other forms of leverage. Platforms are also prohibited […]

February 20, 2023

Like bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining and go through regular halvings that make them harder to obtain as time goes on. Once every nine months, the rate of […]

February 17, 2023

Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed bitcoin mining firm (Nasdaq: CLSK), has announced that it acquired 20,000 Antminer S19j Pro+ units for $43.6 million. The company stated that it used […]

February 17, 2023

North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics firm Elliptic said Tuesday that it has collaborated with cryptocurrency exchanges Binance and Huobi “to freeze Lazarus Group hack proceeds.” Elliptic wrote: Crypto exchanges Binance and Huobi today froze accounts […]

February 16, 2023

Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one of the first companies in Germany to issue a digital bond in accordance with the country’s Electronic Securities Act which […]

February 14, 2023

NFTs are the hottest craze in the crypto space, and a third of the projects take advantage of the Ethereum protocol. Ethereum is the standard in smart contracts platforms and is utilized in various functions, from NFTs to Decentralized Finance. […]

February 9, 2023

Hermes Wins Lawsuit Against ‘Metabirkins’ NFT Creator French luxury design house Hermes has won a lawsuit against Mason Rothschild, the artist behind the “Metabirkins” non-fungible token (NFT) collection which features digital depictions of Hermes’ popular Birkin bags. Rothschild created the […]

February 8, 2023

Nonprofit organizations new to cryptocurrency are leading an effort to raise millions of dollars in crypto to aid victims of the region’s major earthquake. Turkish singer Haluk Levent’s charity Ahbap is leading the response with roughly $2 million in crypto […]

February 7, 2023

The United Kingdom is a step closer to launching a central bank digital currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.” The 116-page consultation paper was jointly released on Feb. […]

February 1, 2023

The price of Bitcoin broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation had begun slowing down in the world’s largest economy. “We can […]

February 1, 2023

Bitcoin (BTC) was back above $23,000 in today’s session, as traders turned their attention to this afternoon’s FOMC meeting. After recording a low of $22,874.43 on Tuesday, BTC/USD moved to an intraday high of $23,225.02 earlier today. Today’s move saw […]

January 31, 2023

Want to see what’s different in markets so far in 2023? Look no further than the performance of Bitcoin versus bonds. The cryptocurrency has surged almost 40% so far this year thanks to a general return of risk appetite and […]

January 31, 2023

According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it had recorded a $204-million gross impairment loss during 2022 on its Bitcoin holdings. Simultaneously, Tesla recorded a gain […]

January 31, 2023

Bitcoin (BTC) retreated from a recent five-month high on Tuesday, with prices falling below the $23,000 mark in today’s session. BTC/USD fell to a low of $22,657.58 earlier in the day, less than 24 hours after hitting a high at […]