State Street, the second-oldest bank in the US, is actively searching for a leader for its digital assets solutions team. Despite its rich history stretching back to 1792, State Street’s entrance into the crypto space is relatively recent. While the bank has invested and partnered with others to build its digital asset services in the…
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Japanese Manga-inspired game Captain Tsubasahas launched on the gaming blockchain Oasys offering 5,000 non-fungible tokens (NFTs) to players. In a blog post, Oasys Blockchain said the Captain Tsubasahas game is developed by Mint Town, Co., Ltd. and BLOCKSMITH&Co., a subsidiary of mobile gaming giant KLab Inc., in Japan, which develops and distributes products such as…
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador produced nearly 474 bitcoin using geothermal energy, Bitfarms expanded the capacity of its Paraguayan bitcoin mining facility, and Bitso launched an in-house Web3 wallet. El Salvador Reportedly Mined Nearly 474 BTC…
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The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years. The presidential spokesperson Paula Carro told reporters on Friday May 17 that the government has sent the bill to parliament “as a matter of urgency.” 10 Years in Jail: Illegal Bitcoin Miners Face…
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According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s Pre-Existing Fund, Blackrock’s IBIT Leads New…
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Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent, is estimated at $6.75 million. Another Unintentional Bitcoin Transaction Pushes up the Value of…
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Bitcoin Price Prediction Bitcoin (BTC) is trading at $67,330.50, up 0.15% in the last 24 hours, with a trading volume of $16.3 billion. Retaining its top position on CoinMarketCap with a market cap of $1.33 trillion, Bitcoin’s current dynamics are fueling speculation.This Bitcoin price prediction explores whether Chinese whales are driving the recent surge amid…
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According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly…
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Bitcoin Price Prediction As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the prevailing sentiment is cautiously optimistic, stirring discussions on Bitcoin price predictions for an imminent…
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Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across the continental United States. Federal Reserve Board Abolition Act Resurfaces Two days ago, Massie,…
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