Category : CoinJournal

CoinJournal

Falling US Treasury returns might help the cryptocurrency market

US deficits keep rising despite the economy growing US Treasury returns dropped for the past three years in a row A weakening dollar might cause cryptocurrencies’ next step higher In previous articles published here, I’ve argued that t...

TON Foundation Founded in Switzerland as a Non-Profit Organization

Zug, Switzerland, September 6th, 2023, Chainwire The Open Network Foundation (TON Foundation), the non-profit association supporting the growth of The Open Network (TON), announces its official launch as a Swiss non-profit organization. Switzerland i...

Standard Chartered-backed Zodia Markets approved as a crypto broker in Abu Dhabi

The in-principle approval was given by the Abu Dhabi Global Market (ADGM). Abu Dhabi launched a $2 billion effort to boost Web3 projects in February. Abu Dhabi will give Zodia Markets a chance to expand into the Middle East region. In some exciting...

Bitcoin may soon rally based on ‘fundamental grounds’: Bernstein

Bernstein analyst says Grayscale ruling was a game changer. Gautam Chhugani expects Bitcoin to materially benefit from it. The world’s largest cryptocurrency is still lingering around $26,000. The recent ruling in favour of Grayscale and agai...

Hedera (HBAR) hits major milestone with 20 Billion transactions

Hedera (HBAR) has hit a record 20 billion mainnet transactions. HBAR price rose slightly on Tuesday. However it remains in a long-term downward trend at around $0.049 Hedera is celebrating a major milestone as a crypto platform &- the mainnet t...

Genesis Global Trading to close its over-the-counter trading platform

Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay back its creditors. Genesis’ parent company DCG came to its rescue and reached an in-principle agreement with creditors. Ac...

Visa expands its stablecoin capability to include USDC issued on Solana

Visa started venturing into USDC settlements back in 2021 through a partnership with Crypto.com. Crypto.com’s Australian card program’s cross-border volume was paid for using Ethereum-based USDC. Visa is now expanding its USDC settlement...

Litecoin price outlook darkens as US dollar index (DXY) soars

The US dollar index jumped to the highest level in five months. The rally happened as the US economic growth continued. Cryptocurrencies like Litecoin have an inverse relationship with the USD. Litecoin price remained under intense pressure o...

Blockchain Wire adds SHIB to list of accepted crypto

Blockchain Wire now accepts Shiba Inu (SHIB) as a payment method. Support for SHIB adds to already accepted Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Dogecoin (DOGE), Polygon (MATIC); as well as USDT and USDC. Blockchain Wire, a press release d...

Casio to launch virtual G-SHOCK watch via Polygon

Casio is partnering with Polygon Labs to launch a virtual G-SHOCK watch project. 15,000 G-SHOCK creator pass NFTs will be distributed beginning September 23. Casio is set to debut a virtual version of its G-SHOCK watch on Ethereum scaling platform...

Best ICOs to Invest in for 2023 According to Reddit

An initial coin offering (ICO) is a way for projects to generate funds to help get themselves up and running. These are regularly used in the crypto world, allowing companies to help generate publicity, which in turn attracts further investment and n...

South Korean Hana Bank and BitGo to launch joint crypto custody venture

Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank digital currencies and private stablecoins. South Korean Parliament i...

Is it the right time for Bitcoin to jump above $30k again?

Bitcoin and EUR/USD have a direct correlation If EUR/USD makes a new high for the year, Bitcoin should follow Elliott Waves points to a move back above 1.10 for EUR/USD It has been a struggling summer for Bitcoin investors as the US dollar strengt...

WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries

Seoul, South Korea, September 5th, 2023, Chainwire Aims to create a vast ecosystem to drive common growth of global blockchains Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains All pl...

Introducing Dollet: The Future of Multi-Chain Crypto Wallets with DeFi Strategies

Dollet, the revolutionary multi-chain crypto wallet with additional DeFi functionality, is making its grand entrance into the cryptocurrency landscape. This highly-anticipated launch marks a pivotal moment in the world of digital finance, as Dollet r...

Grayscale Bitcoin trust discount narrowing, SEC pushed out ETF deadline

Key Takeaways Crypto volatility has picked up in the last two weeks A positive court ruling regarding the conversion of Grayscale’s Bitcoin trust into an ETF propelled markets last week Gains have since been given up as SEC pushed out assessme...

“TOKYO BEAST” – A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week

Tokyo, Japan, September 4th, 2023, Chainwire TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter& “TOKYO BEAST FZCO”) has announced the crypto entertainment project “TOKY...

Crypto gambling site Stake sees suspicious withdrawals totalling $16M

The withdrawals were flagged by Security firm Cyvers Alerts. The cryptocurrencies involved in the withdrawals include USDT, ETH, DAI, USDC and STAKE. Alphapo, a supplier of payment services to several crypto-gambling sites saw similar erroneous with...

LSEG to launch a blockchain-enabled trading platform

LSEG plans on launching a blockchain-based trading platform next year. The financial information company is already in talks with British regulators. Shares of London Stock Exchange Group ended marginally down today. The London Stock Exchange Group...

Aave price is in trouble as US money market fund yields rise

Aave price has been in a strong bearish trend in the past few months. There are concerns about the American interest rates. Money market funds and CDs have a better yield than Aave. AAVE price has underperformed the market amid rising concern...

Bitrue partners with Xahau Ledger to drive innovation in the XRPL Ecosystem

Bitrue and Xahau Ledger are collaborating to drive innovation in the XRPL Ecosystem. Xahau Ledger has a cutting-edge smart contract sidechain integrated into the XRPL ecosystem. This partnership signifies a significant leap in innovation and user-ce...

Clash between Gala Games founders sends GALA token crashing

The founders of the blockchain gaming platform Gala Games have locked horns in court. One founder alleges theft of $130 million worth of Gala tokens while the other alleges corporate waste. The GALA token has dipped more than 5% over the last 24 hou...

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