Tag Archives: News

Binance Labs – the investment side of the world’s largest and most popular digital currency exchange – has placed $5 million into the new Curve DAO token that powers the Curve blockchain network. Binance Puts a Lot of Dough into Curve At the time of writing, Curve is valued at roughly $2.4 billion and witnesses a daily trading volume of more than $215 million on its investment platform, which seeks to help fans of decentralized finance (defi) trade assets for the...

A woman in Somerset in the U.K. has fallen victim to a scam after investing in BTC. The scam cost her nearly 40,000 pounds. Going by the name “Lisa,” the victim was led to believe the crypto platform she was pumping her money into was backed by Martin Lewis, an alleged Money Saving Expert in her area. A Woman Named Lisa Loses Money After BTC Investments Instead, she claims she was “groomed” by online scammers who ultimately filed for several loans in her name. In...

Not long ago, Bittrex – a popular digital currency exchange – settled the lawsuit that had been filed against it by the Securities and Exchange Commission (SEC). The financial agency has had it in for the firm (like it has with many others), and the company is now looking to get things done quickly and silently so it can continue its operations without interruption, but a former special trial counsel is saying that the same easy route to ending things likely won’t...

Nassim Nicholas Taleb – the author of “Back Swan” and one of the world’s biggest crypto skeptics – commented on social media that the volume chart for BTC, the world’s number one digital currency, has been in a downward spiral since late 2020. Nicholas Taleb on How BTC is Easy to Manipulate In other words, while the price has shown signs of recovery, the volume of BTC hasn’t, which could make the currency easier to manipulate and lead to other problems. Taleb...

Binance – the world’s largest and most popular digital currency exchange – may not remain in Europe, according to various analysts. What Will Happen with Binance in Europe? Right now, Binance is being hit from both sides. In the U.S., for example, regulations are coming down hard. The company is the victim of a lawsuit filed against it by the Securities and Exchange Commission (SEC), and it has stated that it may shut down its America-based unit as a means of...

Bitcoin provider Azteco recently garnered as much as $6 million through a new funding round led by Jack Dorsey, the man behind both Block and (formerly) Twitter. The money will go towards introducing bitcoin gift cards to ensure everyone has crypto’s spending power at their fingers. Azteco Gets a Lot of Money In an interview, Dorsey said: My contribution to Azteco comes out of a deep respect for their mission. The unbanked population is immense. We have the...

President Donald Trump holds crypto. According to a financial disclosure released in July, Trump holds anywhere between $250K and $500K in Ethereum-based assets in a crypto wallet. Donald Trump is a Crypto Holder, Allegedly The news is interesting because many people likely remember in 2019 when Trump openly spoke ill of digital currencies like bitcoin. During that period, he stated: I am not a fan of bitcoin and other cryptocurrencies, which are not money, and...

Crypto firm Matrix Port has stated that it’s Bitcoin Greed & Fear Index is up, suggesting another bull run for the world’s number one digital currency by market cap may be right around the corner. Matrix Port: Bitcoin May Be Heading Up The Index has a long track record of marking trend reversals. As of late, bitcoin has been somewhat stuck in the doldrums, though 2023 has been a year of recovery when compared with the trends of 2022. During that time, bitcoin...

Since 2007, the 10-year Treasury Yield has struggled to reach its long-term average of 4.5%. The 10-year US Treasury yield, a critical indicator of economic health, has reached a significant milestone. For the first time since the Global Financial Crisis (GFC) of 2008-09, it has risen back to the 4.5% yield. This development has brought optimism to long-term Treasury investors, offering the prospect of positive annual real yields, especially with inflation moderating. A Return to...

The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB).  The move follows the footsteps of Binance, another digital asset trading platform that withdrew from the market earlier this year due to...