An article published the New York Times has claimed that a “boom in companies offering cryptocurrency loans and high-yield deposit accounts” is “disrupting the banking industry” and has left regulators “scrambling to catch up.”
Industry
Bitcoin price gained bullish momentum above USD 50,000. Ethereum is consolidating below USD 4,000, XRP surged above the USD 1.30 resistance. QNT and FTM are up over 28%.
IndustryMajor Chinese banks are beefing up their digital yuan capacities ahead of the imminent launch of the nation’s central bank digital currency (CBDC).
IndustryThe US Internal Revenue Service (IRS) is going to great lengths to track down criminals who use cryptocurrencies in dark web drug sales, deploying an undercover agent to work on peer-to-peer marketplace LocalCryptos.com.
IndustryThe market for non-fungible tokens (NFTs) seems to be on everyone’s lips at the moment. Among those interested is also Arthur Hayes, former CEO of the BitMEX derivatives exchange, who today shared his top NFT trading strategies, while noting that real opportunities exist if you can “put aside the fact that you are trading image files.”
IndustryOne in six surveyed Australians now own cryptocurrency, with the value of their holdings totalling USD 8bn, according to Finder Consumer Sentiment Tracker’s data, operated by Qualtrics.
IndustryRipple has scored a major coup in Japan – a nation where it is one of the most popular altcoins – with the e-commerce giant Rakuten’s exchange announcing that it will resume trading the XRP token.
Industry(UNI) takes a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap.
IndustryBitcoin price is consolidating near the USD 50,000 level. Ethereum is approaching USD 4,000, XRP nears USD 1.28. SOL rallied over 20% and it even spiked above USD 140.
IndustryIn an unexpected turn of events, Switzerland’s Basel Cantonal Bank (BKB) has announced it shut down its cryptoasset-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025.
IndustryThe sale of the DOG tokens representing ownership of the legendary Doge meme non-fungible token (NFT) raked in USD 45m in a recently completed auction. Meanwhile, current DOG token prices on decentralized exchanges values the NFT at USD 500m.
IndustryIt seems that the social media giant Twitter is now testing its newest additions to the Tip Jar service - Bitcoin (BTC) and Ethereum (ETH) addresses on users' profiles.
IndustryTwo new surveys have found that the overwhelming majority of Salvadorians are opposed to the bitcoin (BTC) adoption law, which is due to promulgate next week.
IndustryBitcoin price spiked above USD 50,000 before correcting lower. Ethereum is consolidating near USD 3,800, XRP might soon test USD 1.30. SOL rallied almost 20% and flipped DOGE.
IndustryThe Japanese financial giant SBI is set to merge its crypto exchanges, TaoTao and SBI VC Trade – a move that will create a new Asian heavyweight exchange that could challenge market leaders like bitFlyer.
IndustrySome 48% of surveyed US consumers declare they have invested in cryptocurrencies during the first half of 2021.
IndustryThe price of the number one cryptocurrency bitcoin (BTC) once again traded above the key USD 50,000 level today, as technical analysts say the price is in “an interesting spot,” and on-chain metrics appear strong.
IndustryBitcoin price could rally above the USD 50,000 resistance. Ethereum could extend gains above USD 3,800, XRP is gaining momentum above USD 1.250. ADA is up over 8% and it might surpass USD 3.12.
IndustryThe Bank for International Settlements (BIS) is set to step up its central bank digital currency (CBDC) pilot program in a cross-border initiative aimed at testing inter-central bank settlements using multiple CBDCs.
IndustryPopular cryptocurrency exchange FTX’s own FTT token stood out as the clear winner among exchange tokens today, after a significant run-up over the past 24 hours that pushed it to a new all-time high. The bull-run for the token comes after the US-based branch of the exchange on Tuesday announced its acquisition of the competing crypto derivatives exchange LedgerX.
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