Crypto news

The head of Franklin Templeton’s digital asset and industry advisory services sees ongoing adoption of BTC by nation-states and emphasizes its potential to surpass CBDCs in efficiency for national treasuries. A strategist from Franklin Templeton, a global investment firm, predicts a future where every national treasury holds Bitcoin (BTC), envisioning the cryptocurrency becoming the fundamental unit of trade. Sandy Kaul, the head of Franklin Templeton’s digital asset and industry advisory...

Adobe’s $20 billion bid to buy its competitor Figma has been officially terminated. Last year, Adobe Inc (NASDAQ: ADBE) revealed its plans to pay $20 billion in cash and stock to acquire Figma, a popular cloud-based design platform. This would have not only increased Adobe’s market share but also its market power, which causes concerns among regulators.  Now, Adobe and Figma have announced that they will be scrapping the deal due to the regulators’ concerns and demands. Adobe Exiting the...

Even with the owed fees it has paid in trying to deal with bankruptcy issues, FTX continues to face mounting challenges. The collapse of cryptocurrency exchange FTX, previously valued at $32 billion, has resulted in exorbitant legal and advisory fees amounting to an average of $53,000 per hour within three months. According to recent filings with the bankruptcy court, FTX attempted to address its insolvency issues by spending an astounding $118.1 million on professional services between...

Raiffeisen Schweiz Die Schweizer Digitalbörse SDX erhält Zuwachs: Mit Raiffeisen Schweiz schliesst sich eine der grössten Schweizer Bankengruppen der Handelsplattform an, wie aus einer Medienmitteilung vom Montag hervorgeht. Die von der Schweizer Finanzmarktaufsicht (FINMA) lizenzierte SDX betreibt eine Börse und eine Zentralverwahrung (CSD), welche auf der Distributed-Ledger-Technologie (DLT) basiert. Diese Mitgliedschaften positionieren Raiffeisen...

NFTs betreten das Reich von Bitcoin NFTs, diese einzigartigen und nicht austauschbaren digitalen Vermögenswerte, die sicher auf Blockchains gespeichert sind, fanden ihren Weg in das Reich von Bitcoin. Während Bitcoin ein Veteran in der Krypto-Sphäre ist, hat sich seine jüngste Umarmung von NFTs als lukrativ erwiesen, mit einem Bruttohandelsvolumen von rund 401 Millionen US-Dollar im November, wenn auch hinter den atemberaubenden 433 Millionen US-Dollar von Ethereum (Cryptoslam, Daten vom...

With the Bitcoin mining landscape gaining steam, the competition is heating up and the most positioned miners will be the biggest beneficiaries moving forward. Today the price of Bitcoin (BTC) is down. The major crypto asset is treading below $41,000 this morning. The main crypto stocks in the pre-market are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and is trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) stock is down over 3%, trading at $551. Marathon...

Tap Protocol seeks to continue building new Bitcoin applications, ranging from fractionalization of Ordinals art and token functions for gaming applications.  Trac Systems, a German-based company and the parent entity of Tap Protocol, recently announced the completion of a funding round where it pulled the sum of $4.2 million from investors. The funding round was led by Sora Ventures and the capital raised is earmarked for the continued development of the company’s initiatives,...

Was ist Kaufkraft? Die Kaufkraft bezeichnet, wie viel Ware oder Dienstleistung man für eine bestimmte Menge Geld kaufen kann. Wenn Sie beispielsweise mit 50 Euro heute mehr Lebensmittel kaufen können als vor fünf Jahren, dann hat sich Ihre Kaufkraft erhöht. Andererseits, wenn Sie heute weniger für dieselbe Summe erhalten, hat sich Ihre Kaufkraft verringert. Was ist Inflation? Inflation ist der Prozess, bei dem das allgemeine Preisniveau von Waren...

Stellar lumen price is gaining pace below the $0.125 support zone against the US Dollar. XLM price is now trading below $0.122 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1220 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1185 support zone in the near term. Stellar lumen price is trading below $0.1220 against the US Dollar, like Bitcoin. XLM price...

XRP price started a fresh decline from the $0.644 resistance against the US dollar. The price is now trading below $0.620 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...