Tag: COIN:CAKEUSD
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Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends
Possible approval of a Bitcoin ETF could lead to a ‘news-driven sell-off,’ according to a report A report from CryptoQuant suggests that the approval of a spot Bitcoin ETF could trigger a “news-driven sell-off.” With Bitcoin recovering above $40,000, many holders are sitting on unrealized profits, historically a precursor to price corrections. Miners are also…
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Crypto This Monday: July Hacks, Binance Gets Dubai License, Tether Boosts Reserves, and More
Binance obtains operating license in Dubai with regulatory restrictions Binance obtained the MVP Operating License in Dubai, allowing qualified users to access authorized services in compliance with VARA guidelines. However, the license has restrictions, being restricted to qualified investors. Binance continues to face challenges in other markets due to regulatory issues. In Japan, the exchange returned to the…
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Crypto This Thursday: Bruce Lee into the Metaverse, Optimism trumps Arbitrum, and more
Bitcoin and Ether futures contracts on CME draw record participation from major traders In the second quarter, regulated bitcoin ( COIN:BTCUSD ) and ether ( COIN:ETHUSD ) futures on the Chicago Mercantile Exchange (CME) saw record participation from large traders. The average of large open interest holders for Bitcoin futures was 107, while for Ether it was 62. Institutional interest…
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Tether launches sustainable BTC mining in Uruguay, Mercedes-Benz launches NFT collection, and more
Tether Announces Sustainable Bitcoin Mining in Uruguay Tether (COIN:USDTUSD) has revealed plans to launch Bitcoin (COIN:BTCUSD) mining operations in Uruguay, in partnership with a local licensed company. The stablecoin issuing company has stated that it will use renewable energy sources, aiming at sustainable mining. Tether also plans to allocate part of its profits to buy Bitcoin regularly. “ Our…
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Crypto Daily: Nike Launches “Our Force 1” NFTs, Luno Leaves Singapore, Nuvei’s FTX Engagement, and More
Nike launches digital sneaker collection Months after the debut of the Swoosh platform, Nike (NYSE:NKE) is dropping its first NFTs there. The Our Force 1 (OF1) collection will consist of Non-Fungible Tokens (NFTs) of Polygon virtual shoes designed to honor the iconic Nike Air Force 1 shoe with over 40 years of history. Two types will be…