Category: Latest news

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[ad_1] Bitcoin’s price jumped from $35,708 to $37,279 between Nov. 8 and Nov. 9, triggering a massive response from the futures market. The total volume of Bitcoin futures traded across all exchanges leaped from $27.69 billion to $71.29 billion, showing a notable increase in speculative activity in Bitcoin. Graph showing the total volume of Bitcoin…

[ad_1] Quick Take The Bitcoin options market is witnessing a surge not seen before, indicative of growing investor confidence and potential market trends. The Options Open Interest, which signifies the total funds allocated in options contracts, marked a record high on Nov. 10 with a notional value of $18.05 billion, equivalent to 491,000 BTC. The…

[ad_1] Wall Street giant JPMorgan has officially launched programmable payment functionality on its institutional blockchain platform, JPM Coin, according to Onyx head of coin systems Naveen Mallela. Mallela said the new solution is a “holy grail” for the JPM Coin platform and expects it to open a new frontier in digital finance. The bank announced…

[ad_1] Coinbase announced a feature on Nov. 9 that allows users to attest their account and country credentials on-chain and access additional benefits. Coinbase’s help pages indicate that issued verifications are meant to serve as a “trusted badge” that grants access to on-chain apps and benefits. Coinbase said that verification will initially provide users with…

[ad_1] Microsoft briefly prevented its employees from using ChatGPT and other artificial intelligence (AI) tools on Nov. 9, CNBC reported on the same day. CNBC claimed to have seen a screenshot indicating that the AI-powered chatbot, ChatGPT, was inaccessible on Microsoft’s corporate devices at the time. Microsoft also updated its internal site, stating that due…

[ad_1] According to court documents dated Nov. 9, a judge has partially granted U.S. prosecutors’ request to counter the bail of John Karony, the CEO of crypto platform SafeMoon. A filing from New York prosecutors indicates that a Utah magistrate judge, Daphne A. Oberg, issued Karony’s release order on Nov. 8. Karony’s bail included a…

[ad_1] Binance, one of the world’s leading cryptocurrency exchanges, has announced it will halt Russian ruble (RUB) deposits, effective Nov. 15, 2023. According to the announcement, despite the cessation of deposits, withdrawals of Russian rubles will continue to be available until January 31, 2024, ensuring users have ample time to manage their holdings. Users holding…

[ad_1] Inflows into crypto asset investment products have surpassed $1 billion this year due to the prevailing optimism surrounding the possible approval of a spot Bitcoin exchange-traded fund approval (ETF), according to CoinShares Senior Analyst James Butterfill. Butterfill, citing data from CoinShares, revealed that crypto investment products attracted $226.4 million in inflows this week, sustaining…

[ad_1] Singapore-based Hodlnaut filed a wind-up order with the court on Nov. 10 as it prepares for a full liquidation of its remaining assets, according to court documents. The winding-up process will be carried out under the provisions of the Insolvency, Restructuring, and Dissolution Act of 2018 and is expected to begin in the coming…