Tag: COIN:XRPUSD
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Crypto This Monday: Ferrari Will Expand Crypto Payments, Controversy With New KYC Hook on Uniswap v4, and More
Bitcoin rising monday morning on ETF approval hopes Bitcoin (COIN:BTCUSD) experienced an increase on Monday as hopes grow that a Bitcoin exchange-traded fund (ETF) may be approved soon. The price of Bitcoin rose above $28,000, reversing the losses from the previous week. The SEC’s decision not to appeal the Grayscale’s legal reversal to turn their…
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Crypto This Tuesday: Crypto Aid Israel Launched, Binance Freezes Hamas Accounts, and More
Bitcoin maintains stability amid the war between Israel and Hamas Although crypto markets suffered a 2% drop on Monday as the Israel-Palestine conflict created geopolitical uncertainty, Bitcoin (COIN:BTCUSD) remains remarkably stable. The price of Bitcoin saw few significant fluctuations during the escalation of violence, defying previous predictions. While geopolitical tensions have historically influenced markets, Bitcoin has appeared…
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Crypto This Monday: Cryptos In Decline, Binance Launches Copy Trading in Futures, and More
Cryptocurrencies fall with risk aversion but hold key positions On Monday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies experienced declines due to risk aversion in global markets. Bitcoin dropped more than 1% in the last 24 hours, reaching around $27,632 after hitting $28,000 over the weekend. Despite the decline, Bitcoin remains above the $26,000 range and is…
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Crypto This Wednesday: Ripple Obtains License in Singapore, El Salvador Begins Local BTC Mining, and More
Jury selected for Sam Bankman-Fried criminal case Twelve jurors have been selected for Sam Bankman-Fried’s criminal case, including a medical assistant, a librarian and a nurse. Data analysts at Nansen revealed details about the close relationship between FTX and Alameda Research, both founded by Bankman-Fried, with suspicious transfers of FTT tokens (COIN:FTTUSD) and the companies’ great…
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Crypto this Friday: Google Cloud Expands Blockchain Support, Bybit Ceases Operations in the UK, and More
Bybit suspends UK services under new FCA rules Cryptocurrency broker Bybit, located in Dubai, has decided to stop its services to UK residents. This decision comes as a proactive response to the imminent regulations set by the UK Financial Conduct Authority (FCA). Starting October 1st, new accounts will no longer be accepted, and changes to contracts and…
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Crypto This Thursday: Mt. Gox Delay Shakes Crypto Market, Venmo Implements PYUSD, and More
Delay in Mt. Gox settlement impacts crypto market Bitcoin (COIN:BTCUSD), Ethereum (COIN:ETHUSD), and other altcoins such as BNB (COIN:BNBUSD), XRP (COIN:XRPUSD) faced declines, following the decision of bankrupt cryptocurrency exchange Mt. Gox to extend the deadline for their payments until October 31, 2024. Some investors anticipated that this movement could reverberate through the market, with…
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Crypto This Wednesday: Ledger Controversy Over Keys; Stanford May Return FTX Donations, and More
Grayscale abandons post-merger Ethereum PoW tokens and explores new opportunities with Ethereum and Bitcoin ETFs Cryptocurrency investment firm Grayscale has decided to relinquish rights to proof-of-work (PoW) post-merger Ethereum tokens (ETHPoW) on September 18. The decision came after finding that these tokens did not reach relevant liquidity and the lack of support from custodians. The company took six…
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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 $14 million in cash and the balance in adjusted shares. The agreement still awaits approval from courts in Texas and New York. The…
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Crypto this Wednesday: Coinbase Starts Institutional Lending, Jefferson Confirmed as Fed Vice Chairman, and More
Philip Jefferson confirmed as next Vice Chairman of the US Federal Reserve Philip Jefferson has been confirmed as the next vice chairman of the US Federal Reserve after winning broad support in a Senate vote. He was nominated by Joe Biden to replace Lael Brainard. Jefferson’s confirmation and future Fed nominees such as Lisa Cook and Adriana…
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Crypto This Friday: Kroll Exposes Data from FTX and BlockFi, Magnate Finance Disappears with US$ 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…