Cryptocoins News / CoinJournal - 2 years ago
Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday.
Her stake in the crypto exchange is now worth more than $18 billion.
Coinbase stock has already rallied about 70% since the start of 2023.
Shares of Coinbase Global Inc have alread...
Cryptocoins News / CoinJournal - 2 years ago
HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound.
McNeil says “cash is on decline” and that the “future of finance and money is...
Cryptocoins News / The Cointelegraph - 2 years ago
Brian Armstrong said he had about an hour at the Dirksen Senate Office in Washington, D.C. to “chat about crypto” and enjoy low-sugar food at the building’s snack bar....
Cryptocoins News / The Cointelegraph - 2 years ago
With a Bitcoin rally to begin the year, the crypto space is looking up. However, not every sector has reversed its downward trajectory. 2023 is off to a great start, w...
Cryptocoins News / The Cointelegraph - 2 years ago
Stay up-to-date on what’s happening in crypto, digital asset markets and traditional markets by tuning in to Cointelegraph Markets and Research’s dedicated series of shows....
Cryptocoins News / The Cointelegraph - 2 years ago
DeFi is built on top of existing smart contract platforms like Ethereum, while Web3 is built on the internet itself. Here are other ways they differ. What is the futur...
Cryptocoins News / The Cointelegraph - 2 years ago
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024. The European Parliamen...
Cryptocoins News / CoinJournal - 2 years ago
News headlines are filling up with claims that cryptocurrency investment is stoking a class war, with allegations that it is becoming an elitist pursuit inaccessible to people with less disposable income. With the recent collapse of FTX wiping out bi...
Cryptocoins News / CoinJournal - 2 years ago
There’s no question that GameFi is a burgeoning area of Web3 and one of the areas most likely to be positively impacted by the benefits of blockchain infrastructure and decentralized finance (DeFi), especially when play-to-earn (P2E) gaming is...
Cryptocoins News / CoinJournal - 2 years ago
Bakkt App will officially terminate on 16 March 2023, the firm announced today.
However, Bakkt says app users will still access their cryptocurrencies and cash through a new web experience.
The company says its focus now is on scaling its business-t...
Cryptocoins News / CoinJournal - 2 years ago
Crypto investors can benefit from advanced financial services through decentralized applications and blockchain networks. Not only do cryptocurrencies represent lucrative investment opportunities, but users can also stake to earn a passive yield. Thi...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum.Zeller argued that the Paxos-issued stablecoin was bound to decline in supply and inability to mint new tokens would affect peg arbitrage opportuniti...
Cryptocoins News / The Cointelegraph - 2 years ago
Machine learning is based on the idea that a system can learn to perform a task without being explicitly programmed. Machine learning has a wide range of applications...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Central Bank of the United Arab
Emirates (CUBUAE) will launch a central bank digital currency (CBDC) as one of
the nine initiatives under its newly-launched Financial Infrastructure
Transformation Programme (FIT). The apex bank disclosed...
Cryptocoins News / CoinJournal - 2 years ago
Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto.
The analyst said this in a note to clients on Monday following regulatory moves against crypto firm Paxos and th...
Cryptocoins News / CoinStats - 2 years ago
Bitcoin is the first and most popular cryptocurrency in terms of market capitalization and user base. Created in 2009, the flagship cryptocurrency has seen a meteoric rise from 2010 when the price for one token rose from fractions of a dollar to $0....
Cryptocoins News / The Cointelegraph - 2 years ago
As Hong Kong has been opening up to crypto, major financial institutions such as DBS Group are targeting new crypto services in the Chinese territory. Singapore state...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin was 26X more volatile on a weekly basis than the euro in 2022, up from 19X in 2021 and 16X in 2020
Key Takeaways & &
There is a perception that Bitcoin’s volatility is coming down, however the data fails to back this up
Bitco...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Paxos will wind down its relationship with Binance for the BUSD stablecoin.BUSD redemptions will continue till at least February 2024 but no new tokens will be minted following an order from the New York Department of Financial Services...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Twelve hours
after The Wall Street Journal (WSJ) reported that cryptocurrency firm Paxos is
facing a Securities and Exchange Commission (<a href="https://www.financemagnates.com/tag/sec/" target="_blank" rel="foll...
Cryptocoins News / CoinJournal - 2 years ago
Paxos has also halted the minting of new BUSD tokens as ordered.
Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024
Binance CEO says exchange will continue to support BUSD&
Paxos, the blockchai...
Cryptocoins News / CoinJournal - 2 years ago
Binance Coin has made a strong bearish breakout in the past few hours.
Paxos was ordered by US regulators to stop minting BUSD.
Binance has seen significant outflows in the past 7 days.
Binance Coin (BNB) price pulled back on Monday, becoming...