Tag: COIN:BNBUSD
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Crypto this Tuesday: Coinbase’s Millionaire Bond Buyback, Binance Gets License in El Salvador, and More
Coinbase celebrates high with millionaire bond buyback managed by Citigroup After robust Q2 performance, Coinbase (NASDAQ:COIN) has proposed to buy back up to $150 million of its $1 billion bond, due in 2031. Investors who sell bonds by Aug. 18 will receive $645 for $1,000 of the face value; after that date and through September 1,…
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Crypto This Thursday: LINK Fires Up, FCA Launches Digital Sandbox, Bitmain Revolutionizes Filecoin Mining, and More
FedNow: US instant payments service is about to launch, transforming the country’s payment system The FedNow instant payment service, powered by the US Federal Reserve (Fed), is about to launch, offering Americans the ability to send and receive funds in real time, 24 hours a day, 7 days a week. This initiative represents a significant development…
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Crypto This Wednesday: Nasdaq Suspends Digital Asset Custody Launch, Argo Blockchain Sells Shares, and More
Nasdaq suspends launch of digital asset custody business Nasdaq (NASDAQ:NDAQ) has suspended the launch of its digital asset custody business due to regulatory risks in the United States. CEO Adena Friedman announced the decision during the second quarter earnings conference call, citing the changing regulatory and business environment. However, the company reiterated its commitment to digital asset…
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Crypto This Tuesday: BTC Under 30k, SEC to Review Valkyrie’s Bitcoin ETF, and More
Bitcoin price close to one-month low Bitcoin (COIN:BTCUSD) price is near a one-month low as economic data indicates continued growth in the US and traders brace for another Federal Reserve rate hike. Although the June Retail Sales report showed some weakness, excluding autos, gasoline, building materials and food services, retail sales grew by 0.6% in June. This boosts…
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Crypto This Monday: Binance Integrates Lightning Network, Crypto Investing in Q2, and More
Binance integrates Lightning Network for fast and cheap Bitcoin deposits Cryptocurrency exchange Binance has announced the integration of the Lightning Network, allowing Bitcoin holders to deposit their assets faster and cheaper. Lightning Network’s base fee is $0.04, while regular deposits reached $30 in May. Furthermore, transactions settle in less than a minute, compared to approximately 10 minutes…
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Crypto This Friday: XRP Jumps After Victory Against SEC, Multichain Shuts Down Trades, and More
Ripple’s XRP rises over 60% after partial victory against SEC, reclaiming fourth place in market cap Ripple’s cryptocurrency XRP (COIN:XRPUSD) has seen a surge of over 60% after a partial victory against the SEC, ending a three-year lawsuit. This led to a $73.5 billion increase in the total cryptocurrency market cap, with XRP overtaking BNB (COIN:BNBUSD)…
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Crypto This Thursday: Binance Announces Hard Fork, Former Celsius CEO Arrested, and More
Europe prepares for the launch of the first Bitcoin ETF Europe is about to receive its first Bitcoin Exchange Traded Fund (ETF) after a twelve month delay. Jacob Asset Management Group initially gained Guernsey Financial Services Commission (GFSC) approval in October 2021, but has faced setbacks due to exceptional market conditions. The ETF, which was scheduled to…
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Crypto This Wednesday: Binance Academy on Coursera, New AI Tool Revolutionizes Smart Contracts, and More
Valkyrie Funds proposes Bitcoin Spot ETF in partnership with Coinbase Valkyrie Funds has proposed a spot bitcoin ETF with shared surveillance partnership with Coinbase (NASDAQ:COIN). Nasdaq (NASDAQ:NDAQ) is set to list the fund’s shares, and Coinbase is the operator of the largest bitcoin spot trading platform in the US. Major exchanges such as BlackRock (NYSE:BLK) and Fidelity…
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Crypto this Wednesday: Binance ceases operations in Cyprus, Crypto Community on Reddit breaks record, and more
Bittrex in the US authorized to withdraw after court decision Bittrex customers in the US will be able to withdraw their assets after a court ruling. The cryptocurrency exchange had declared bankruptcy in May, but the US Department of Justice has opposed efforts to restore access, citing unpaid fines for sanctions violations. The court order allows looting…
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Crypto this Monday: Robinhood Volume Slumps in May, a16z Expands to UK, and More
Former Head of SEC Enforcement Division Warns Cryptocurrency Investors of Need to Get Off Crypto Platforms Former head of the SEC’s Division of Enforcement, John Reed Stark, has issued a warning to cryptocurrency investors, urging them to “Exit Crypto Platforms Now”. He highlighted the lack of protections for customers and the exchanges’ failure to comply with…