Category: Latest news
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Georgian billionaire’s legal team denounces charges as unsubstantiated and politically motivated
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Bank of International Settlements predicts 15 retail and nine wholesale CBDCs by 2030
[ad_1] The Bank of International Settlements (BIS) predicted that there will be 15 retail and nine wholesale Central Bank Digital Currencies (CBDCs) by 2030, according to its survey of 86 central banks. Central Banks increasingly pro-CBDC According to the report, 93% of central banks are researching CBDCs, and more than 50% have started making substantial…
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Bankrupt Voyager experiences $250M withdrawal surge as users move assets to centralized exchanges
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Standard Chartered, Matrixport foresee Bitcoin hitting $120k next year
[ad_1] International bank Standard Chartered predicted that Bitcoin’s (BTC) price could end the year as high as $50,000 and reach $120,000 by next year, according to a July 10 Reuters report. Standard’s Chartered prediction is congruent with Matrixport, a crypto financial services platform that predicted BTC’s price to reach $125,000 by 2024 in a report…
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Bitcoin ETPs continue inflows for third consecutive week
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Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers
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Continued arbitrage in Binance U.S. asset pricing: Bitcoin and USDT
[ad_1] Quick Take Over the past few weeks, there have been noticeable discrepancies in the asset prices on Binance U.S. This issue has come to the forefront due to the abnormal trading rates of Bitcoin (BTC) and Tether (USDT), two of the major cryptocurrencies on the platform. The current trading price of Bitcoin on Binance…
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Tether addresses depeg fears as Binance.US faces 8% Bitcoin discount
[ad_1] Bitcoin (BTC) and other digital assets, including Tether (USDT), are currently trading at an 8% discount on Binance.US, a situation attributed to liquidity issues on the platform following a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). Data from Binance.US shows that BTC is trading at $27,705.59 at the time of writing,…
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Bitcoin halving may push minersβ net profit into negative territory
[ad_1] The next Bitcoin (BTC) halving, set to occur in April 2024, could plunge miner profits into the red, Bloomberg reported on July 8. Every four years, mining rewards for Bitcoin are slashed in half β this event is known as Bitcoin halving. Historically, all Bitcoin halvings have been followed by major bull runs, so…
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The SECβs arguments against Coinbase are βnot particularly strong,β law expert says
[ad_1] The U.S. Securities and Exchange Commission (SEC) provided a preview of the arguments it plans to use against Coinbase in a letter to the judge on July 7. However, the SECβs case against Coinbase does not inspire much confidence, crypto lawyer James Murphy tweeted on July 9. Murphy, who goes by MetaLawMan on Twitter,…