Crypto news

Jeremy Allaire – co-founder and CEO of the stablecoin-issuer Circle – said his company has been closely observing the regulatory developments in Hong Kong.  The authorities of the former British colony have recently allowed investors to trade cryptocurrency under a new regime as they carry “fundamental value.” Asia is a ‘Huge Area of Focus’ In a recent interview for Bloomberg, Allaire noted Hong Kong’s efforts to establish itself as a “very significant center for digital...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Peter Wall – the former CEO of bitcoin mining firm Argo Blockchain – has a new job. He’s stepped aboard the train of Sustainable Bitcoin Protocol (SBP) and will serve as the company’s new senior advisor. Peter Wall and SBP… The Perfect Match? The goal is to ensure SBP has the appeal necessary to enter the...

Bitcoin Cash (BCH) – the most popular hardfork of Bitcoin (BTC)’s blockchain – is up over 117% this week, outperforming Bitcoin’s still sizable 15% rise. As of this writing, its the only coin to see anything close to 2X gains within that time frame. What’s attracting traders and investors to the large-blocker network? Let’s dive in. Bitcoin Cash’s EDX Listing Bitcoin Cash’s seismic gains began on June 21, precisely when the Wall Street-backed crypto exchange EDX Markets...

Despite a few headwinds Wise has recently faced, the company’s stock jumped after revealing a spike in profits and revenue. British fintech online money transfer firm Wise’s (LON: WISE) stock jumped almost 18% on Tuesday in reaction to a rise in company profits. In a recent statement, the London-based fintech noted that its profit before tax tripled to £146.5 million ($186.5 million). The company also reported that its earnings per share tripled to 11.53 pence. According to data from...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Not everyone loves bitcoin. In fact, there are those out there – like Warren Buffett or his sidekick Charlie Munger – that hate it with passion, and now, it looks like top economist Steve Hanke is joining the ranks of BTC’s biggest opposers. Steve Hanke Isn’t a BTC Fan In a recent interview, Hanke stated that...

Crypto infrastructure giant Fireblocks has announced that it has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform (GCP), Alibaba Cloud, Thales, and Securosus by expanding its MPC-CMP wallet and key management technology. The latest move is expected to help banks and financial institutions to leverage Fireblocks’ security and technology stack to seamlessly bring their digital asset initiatives into production while meeting...

[Press Release – North Miami Beach, United States, June 27th, 2023] Developers now have safe and seamless access to Forta scan nodes via QuickNode’s high-performance infrastructure. Forta Network, a leading provider in machine learning-powered threat detection, has entered into a new partnership with QuickNode, the leading end-to-end development platform for web3 innovation. This partnership will allow developers to easily and securely access Forta scan nodes via QuickNode’s...

The Bank of England (BoE) has made extensive research on the best format for developing a digital pound to supplement the fiat system. The Bank of England (BoE) is working on re-establishing the pound as the preferred global reserve currency through a Central Bank Digital Currency (CBDC). The rise of the digital economy post-Covid-19 global pandemic through the cryptocurrency market has most governments thinking about moving to decentralized ledger technologies (DLTs). Moreover, the use of...

Bitcoin is facing challenges in surpassing the significant resistance at $30K, which has been holding the price for a prolonged period. If successful, this breakthrough would result in a bullish bias for the cryptocurrency in the medium term. By Shayan Bitcoin recently found support at both the static support level of $25K and the lower trendline of the channel. Consequently, the substantial buying pressure in this support region led to a significant surge, with the aim of...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The idea that bitcoin was always a hedge against inflation has been rather prominent amongst crypto fans for the past few years. Now, according to Paul Tudor Jones – a bitcoin bull and billionaire hedge fund manager – it sounds like this idea may have reached its peak and is coming to an end. Paul Tudor Jones:...