Tag: Altcoin News

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Bitcoin and Altcoins Trim Gains, Key Supports Intact

Bitcoin price failed to continue higher above the USD 13,800 resistance. As a result, BTC started a downside correction and traded below the USD 13,500 support. The price is currently (13:00 UTC) down over 2% and it is now approaching the USD 13,200 and USD 13,000 support levels. Similarly, there was a fresh decline in…
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Huawei’s Latest Smartphone Comes with a CBDC Wallet for Digital Yuan

Huawei Mate40 Pro. China’s biggest smartphone maker Huawei has revealed that its latest flagship handset, the Mate 40, will come with a built-in wallet for the digital yuan – the nation’s forthcoming central bank digital currency. In a post on the official Huawei Weibo account, the tech giant wrote, “The Mate 40 series is the…
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Uniswap’s Retroactive Round of UNI Aidrop Still up in the Air

There is a new governance proposal on the Uniswap table that would see more than 5 million governance tokens distributed to those using it via a proxy contract. The community of the Uniswap decentralized exchange (DEX) is currently in the process of voting on its second-ever governance proposal according to which 12,619 wallet addresses that…
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Russian Central Bank Says CBDC Will Wipe Out Need for Crypto

The Russian Central Bank has been banging the drum again on what has become its favorite subject – regulating crypto, and has apparently responded to criticism of its plans to issue a digital ruble by claiming a central bank-issued token could eliminate out the need for people to use crypto. In an op-ed piece for…
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Binance Shoots Itself In The Foot Amid Regulatory Scrutiny On Exchanges

Binance CEO Changpeng Zhao (in the middle of the picture). Source: a screenshot, Instagram/binance Major crypto exchange Binance and its executives might’ve shot themselves in the foot, learning the news media lesson the hard way at a bad time. Yesterday, Forbes reported that Binance "conceived of an elaborate corporate structure designed to intentionally deceive regulators…
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Australian Firm to Accept Tether in Sydney Stock Exchange IPO Bid

The Australian capital-raising platform STAX has announced that its client the West Coast Aquaculture Group (WCA) is to become the country’s first business to launch an initial public offering (IPO) that will accept a blockchain-powered token, the stablecoin tether (USDT), as part of its fundraising drive. WCA is set to be listed on the Sydney…
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Canadian CBDC, Cred On Pause, Iran Wants Virgin Bitcoin + More News

Source: Istock/Golden_Brown Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDCs news The Bank of Canada is working with its G7 partners on its plans for a digital currency as the country wants to be ready in case another country launches…
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Bitcoin and Altcoins Struggle To Hold Important Supports

Bitcoin price started a downside correction below the USD 13,500 support zone. BTC is down over USD 800 from the recent high and it is currently (13:00 UTC) struggling to stay above the USD 13,000 support. If there is a bearish close below USD 13,000, the price could extend its decline towards USD 12,500. Similarly,…
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Architect of Launched Cambodian CBDC Also Working with ‘Other Countries’

Source: Adobe/Loïc Bourgeois Cambodia’s central bank digital currency (CBDC) has “launched,” said the central National Bank of Cambodia and Soramitsu, the Japanese company co-working with the central bank on the project. And the Japanese firm stated that other projects in “other countries” are also in the pipelines. Per the Bangkok Post and Japan’s Coin Post,…
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Crypto Exchange FTX Brings Tesla, Apple, and Amazon On Board (UPDATED)

Source: Adobe/Игорь Головнёв Today, popular crypto derivatives exchange FTX launches trading of more than a dozen equity and crypto pairs, featuring top stocks such as Apple, Tesla, Amazon, Facebook, Netflix, and Google. (Updated at 09:49 UTC: updates in bold.) The new "fractional stocks offering" is brought in partnership with Digital Assets AG and CM-Equity AG,…
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