Category: Latest news

[ad_1] Quick Take The digital asset market has just witnessed a significant financial reset as over $214 million was liquidated in just 24 hours, with $166 million pertaining to short positions. The major player in this shakeout is none other than Bitcoin, shouldering the brunt with $84 million. Simultaneously, Binance has found itself at the…

[ad_1] Swiss banks, Cantons of Basel-City, and Zurich have successfully issued digital bonds using real CHF wholesale central bank digital currency (wCBDC) on SIX Digital Exchange (SDX). This marks the first-ever issuance of this kind, leveraging the Swiss National Bank’s (SNB) wCBDC. The digital bonds issued by Basel-City (ISIN: CH1265890678) and Zurich (ISIN: CH1306117073) represent…

[ad_1] Bitcoin’s (BTC) price zipped past $41,000 for the first time in the last 19 months earlier today, Dec. 4, fueled by the unending optimism surrounding a possible spot exchange-traded fund (ETF) approval in the U.S. The top digital asset gained more than 5% during the last 24 hours to trade at $41,448 as of…

[ad_1] Blockstream CEO Adam Back said on social media that he believes Bitcoin (BTC) will likely hit $100,000 before its next halving, causing a blend of excitement and skepticism within the cryptocurrency community. Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. While some enthusiasts align…

[ad_1] Bitcoin has broken the $40,000 barrier, a significant milestone energizing the crypto space. In the past 24 hours alone, $23 billion in trading volume was recorded, showcasing the intense market activity surrounding the world’s premier cryptocurrency. This rally was further bolstered by a $15 million in short liquidations, indicating a strong bullish sentiment among…

[ad_1] U.S. Space Force Major Jason Lowery has brought a novel perspective on Bitcoin to light, extending its significance far beyond finance and into national defense and cybersecurity. In a detailed letter to the Defense of Defense’s (DoD) Innovation Board, Lowery argued that Bitcoin and similar proof-of-work (PoW) protocols hold substantial strategic importance, urging the…

[ad_1] Do you want to build a successful Web3 marketing campaign? Or maybe you’re just wondering what fuels the success of crypto projects in the bustling realm of Web3 marketing. Well, then, you better start with X. If you’re an entrepreneur, or a marketer, or even just a casual enthusiast in the blockchain space, you’re…

[ad_1] The Lightning Network, introduced in 2016, is a second-layer scaling solution for Bitcoin to address its scalability issues. Built upon a network of payment channels, this off-chain protocol enables instant and low-cost transactions. It bypasses the need for every transaction to be recorded on the Bitcoin blockchain. Users establish direct payment channels with one…

[ad_1] The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or ‘digital pound,’ and its potential hazards to financial stability. Lawmakers urged the Bank of England and H.M. Treasury to thoroughly consider data privacy and financial stability issues before advancing with the implementation of…

[ad_1] U.S. District Judge Robert Shelby issued a stern warning to Securities and Exchange Commission (SEC) attorneys regarding possible sanctions for “misleading” court proceedings in a lawsuit against the cryptocurrency firm Debt Box, according to court filings. The SEC secured a temporary restraining order against Debt Box via statements that were later proven to be…