The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past cycles, with real use cases coming into focus…. Read More:…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Ripple has scored a major coup in Japan – a nation where it is one of the most popular altcoins – with the e-commerce giant Rakuten’s exchange announcing that it will resume trading the XRP token. In an official release, Rakuten Wallet stated that it would begin XRP trading on September 8. The company “temporarily”…
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SBI’s chief executive Yoshitaka Kitao. The Japanese financial giant SBI is set to merge its crypto exchanges, TaoTao and SBI VC Trade – a move that will create a new Asian heavyweight exchange that could challenge market leaders like bitFlyer. SBI, traditionally, has focused on its banking and securities business arms. But in recent years,…
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The US Securities and Exchange Commission (SEC) has dredged up the ghost of the discredited crypto scam BitConnect, and will look to prosecute its alleged masterminds for selling fraudulent and unregistered securities – amounting to a total of USD 2bn. The SEC issued a notice explaining that it had “filed an action against BitConnect, an…
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Source: Adobe/Сергей Шиманович The Bank for International Settlements (BIS) is set to step up its central bank digital currency (CBDC) pilot program in a cross-border initiative aimed at testing inter-central bank settlements using multiple CBDCs. The plan is the brainchild of the BIS’s Innovation Hub, which will team up with the four central banks in…
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Popular crypto derivatives exchange FTX’s own FTT token stood out as the clear winner among exchange tokens today, after a significant run-up over the past 24 hours that pushed it to a new all-time high. The bull-run for the token comes after the US-based branch of the exchange on Tuesday announced its acquisition of the…
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August ended up as another great month for crypto investors, with nearly all of the top 100 coins by market capitalization in the green. The gains in August came despite the fact that bitcoin (BTC) and many altcoins had already seen a significant rally during the last ten days of July, pushing bitcoin from below…
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Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far. Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on B2C payments in stores or on…
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Crypto market sentiment had managed to re-enter the positive zone last week – but did not manage to stay there. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is now 5.94, down from 6.08 seen a week ago, according to the data provided by market sentiment analysis service Omenics. Only…
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