Tag: COIN:ETHUSD
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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 Wednesday: Coinbase Starts Institutional Lending, Jefferson Confirmed as Fed Vice Chairman, and More
Philip Jefferson confirmed as next Vice Chairman of the US Federal Reserve Philip Jefferson has been confirmed as the next vice chairman of the US Federal Reserve after winning broad support in a Senate vote. He was nominated by Joe Biden to replace Lael Brainard. Jefferson’s confirmation and future Fed nominees such as Lisa Cook and Adriana…
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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 $25,750, while initial excitement sparked by the SEC review of Grayscale Investments’ rejection of its application for a Bitcoin ETF decreased. BitGo and Hana Bank enter strategic partnership in cryptocurrency custody Cryptocurrency…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…
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Crypto this Monday: Robinhood in Top 3 BTC Holders, Friend.tech Rapid Decline, and More
Shibarium resumes token withdrawals and bolsters network readiness After setbacks in its initial launch, Shibarium, the Tier 2 blockchain created by the Shiba Inu team, has restarted withdrawals of tokens including ETH (COIN:ETHUSD), SHIB (COIN:SHIBUSD) and others. Lead developer Shytoshi Kusama reported that transactions can take up to 3 hours, and up to 7 days for…
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Crypto This Friday: Kroll Exposes Data from FTX and BlockFi, Magnate Finance Disappears with US$ 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…
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Crypto This Thursday: Bitstamp Ends Staking in the US, Drop in Renowned NFTs Signals Volatility, and more
Decreased leverage in Ether and Bitcoin futures on Binance The value of the US dollar in perpetual Ether (COIN:ETHUSD) futures contracts on Binance has dropped to its lowest level in 13 months, standing at $1.41 billion. This 35% drop in one week mirrors the deleveraging seen in the spot market. By comparison, Bitcoin perpetual futures (COIN:BTCUSD) are…