Tag: COIN:BTCUSD
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Crypto This Friday: Celsius and Core Scientific Deal, Friend.tech’s Rise in NFTs, and More
US$45 Million settlement ends dispute between Celsius and Core Scientific Celsius and Core Scientific (USOTC:CORZ) have reached a $45 million settlement to end a legal dispute. According to court records released Thursday, Celsius will pay $14 million in cash and the balance in adjusted shares. The agreement still awaits approval from courts in Texas and New York. The…
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Crypto This Thursday: Deutsche Bank Partners with Taurus, Genesis Ends Activities Globally, and More
Deutsche Bank expands its operations in digital assets in partnership with Taurus Deutsche Bank (NYSE:DB) announced the integration of digital asset custody and tokenization services from Swiss company Taurus. This move expands the bank’s efforts in digital assets, considering its previous initiatives such as applying for a cryptocurrency custody license in Germany. Deutsche Bank’s Paul Maley emphasized…
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Crypto This Tuesday: PayPal Launches Crypto-Dollar Conversion, Franklin Templeton Submits BTC ETF, and More
Bitcoin movement follows varied perspectives On September 12, Bitcoin (COIN:BTCUSD) attempted to consolidate above $26,000, generating optimism among investors. Records indicated that Bitcoin maintained much of its 24-hour advance, reaching 5.5% at one point. Jelle, a renowned trader, showed enthusiasm for a retest of the $27,000 level. Meanwhile, Crypto Ed projected a possibility of reaching $28,000 in the…
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Crypto This Monday: Coinbase Faces Challenges in India, Restructuring at Celsius, and More
Bitcoin transaction fee record: User pays $500,000 due to error One individual made a costly mistake, paying nearly $500,000 (20 bitcoins) in fees to transfer just $200 worth of bitcoin (COIN:BTCUSD). This transaction, which took place on September 10th, sets the record for the highest transaction fee in Bitcoin. The transaction caught the attention of Casa’s CTO,…
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Crypto this Friday: Mirae Asset and Polygon Boost Tokenization, JPMorgan Explores Digital Token, and more
JPMorgan explores digital token for international transactions JPMorgan Chase (NYSE:JPM) is evaluating the creation of a blockchain-based digital token to streamline cross-border transactions and settlements. The infrastructure for this innovation is already in place, awaiting regulatory approval. Unlike JPM Coin, this token aims to simplify interbank transfers and can be used for transactions of tokenized digital assets. The…
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Crypto This Tuesday: Visa Extends USDC Support in Solana, Stake Rebounds After Attack, and More
Bitcoin holds steady under $26,000 after pending SEC decision Bitcoin (COIN:BTCUSD) performed subduedly earlier in the week, with values fluctuating between $25,500 and $25,750, while initial excitement sparked by the SEC review of Grayscale Investments’ rejection of its application for a Bitcoin ETF decreased. BitGo and Hana Bank enter strategic partnership in cryptocurrency custody Cryptocurrency…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…
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Crypto This Wednesday: Google to Modernize El Salvador’s Digital Infrastructure, Prada Embraces Blockchain, and More
EOS token receives regulatory approval in Japan, aims for Asian expansion EOS token (COIN:EOSUSD) has been approved for trading against the Japanese yen by regulators, with trading scheduled to begin in mid-September on BitTrade. The EOS Network Foundation (ENF) sees this approval as a crucial step towards expanding its presence in Japan and the broader Asian…
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Crypto This Tuesday: Grayscale Win Boosts Crypto, Argo Blockchain Cuts Losses, and More
Court decision boosts Bitcoin and brings US closer to spot crypto ETF After a US appeals court instructed the SEC to review its denial of the Grayscale Bitcoin Trust to become an ETF, Bitcoin (COIN:BTCUSD) rallied 6.65% to hit $27,843.53. The market reacted positively, with Grayscale Bitcoin Trust rising 17% and other crypto assets posting gains. The…
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Crypto This Friday: Kroll Exposes Data from FTX and BlockFi, Magnate Finance Disappears with US$ 6.5 Million, and more
JPMorgan predicts crypto markets correction may be ending According to a report by JPMorgan (NYSE:JPM), liquidation of long positions in CME bitcoin futures appears to be nearing its end, indicating limited downside for crypto markets in the near term. Factors such as the SEC-Ripple ruling, dubious moves in technology, and the cancellation of SpaceX’s stake in…