Blockchain
Tether discontinues Bitcoin stablecoin, citing lack of usage
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open
Blockchain
Bitcoin Faces A Weekly Double Top; This Needs To Happen
In a recent analysis of the Bitcoin price, seasoned crypto analyst Rekt Capital discussed the looming presence of a potential double top formation on the weekly chart The scenario paints a picture of
Blockchain
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most
Blockchain
FTX And Genesis Make $175 Million Settlement With Alameda
On Thursday, FTX and Genesis announced a settlement agreement worth $175 million, effectively resolving a $4 billion claim The deal, which awaits final documentation, aims to facilitate the
Blockchain
Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project
Orica NFT’s charity efforts have succeeded, but its tokenholders have not, and up until now, its co-founder was
Blockchain
SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to
Blockchain
Tether stops minting USDT on three blockchains, including Bitcoin’s Omni Layer
On Aug 17, leading stablecoin firm Tether announced its decision to discontinue support for its USDT stablecoin on three blockchains and blockchain layers: the Omni Layer, Kusama, and Bitcoin Cash
Blockchain
UK crypto businesses to comply with FATF Travel Rule beginning in September
The UK passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel
Blockchain
Bullish Bitcoin ETF Approval? Grayscale Seeks To Expand Team
A spot Bitcoin ETF (Exchange Traded Fund) might be imminent in the United States, as a new job offer from Grayscale suggested The US Securities and Exchange Commission (SEC) was expected to issue a
Blockchain
PayPal And The Crypto Conundrum: Understanding The UK Sales Suspension
PayPal has announced a temporary suspension of cryptocurrency sales within the United Kingdom for a minimum of three months, commencing on October 1 This decision is in direct response to the recent
Popular
Bitcoin Bull Brandt Burns Schiff: ‘Stop Betting On Dead Horses!’
The world of finance is no stranger to colorful characters, and this week, the gloves came off between two titans with opposing views on Bitcoin: Peter Brandt, a crypto bull, and Peter Schiff, a
Why Altcoins Are The Best Investment For Now – Analyst
Popular crypto analyst Michaël van de Poppe continues to back altcoins to put up a spectacular bullish performance in the coming months In a new X post on Saturday, the veteran analyst takes a
Makerdao Reveals Ambitious Endgame Plans With 2 New StablecoinsÂ
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai This strategic initiative aims to
Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon
In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana (SOL) and its potential to reclaim the $200 mark He also hinted that
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
The World Bank has announced that it will issue its first CHF digital bond on June 11 This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009 It