X, the social media platform owned by tech billionaire Elon Musk and formerly known as Twitter, has acquired money transmitter licenses in seven U.S. states, including Maryland, New Hampshire, and most recently, Rhode Island. While these…
In a historic move that underscores Europe’s position at the forefront of financial innovation, the continent has outpaced the United States by launching its first-ever Bitcoin exchange-traded fund (ETF). The London-based Jacobi Asset…
Cryptocurrency exchange, FTX, has announced plans to reboot its international exchange platform, a move that comes amidst heightened scrutiny from regulators and the company’s ongoing bankruptcy proceedings. The company’s Chief Executive,…
Uber CEO Dara Khosrowshahi has indicated the company’s openness to accepting Bitcoin and other cryptocurrencies in the future. During a television interview, Khosrowshahi was asked about Uber’s stance on Bitcoin payments. In response, the…
The United States Securities and Exchange Commission (SEC) has imposed a $4 million fine on banking giantJPMorgan Chase, following the inadvertent deletion of approximately 47 million banking records. The vanished data consists mainly of…
Payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions enabling users to both send and receive Bitcoin via the lightning network.
After its integration with the lightning network in February…
21Shares, a preeminent issuer of cryptocurrency exchange-traded products (ETPs), has announced the launch of its first physically-backed Bitcoin ETP in the Middle East.
The Middle East gets a physically-backed Bitcoin exchange-traded…
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.
As a result, crowd sentiment toward cryptocurrencies has turned negative. Market insight provider…
All markets dropped following the central bank's Jackson Hole economic symposium on Friday, with the Nasdaq down almost 4%, the S&P 500 losing 3%, and Bitcoin falling 6% for the day as well.
Source: TradingView …
The urge to sell in the cryptocurrency market has dwindled based on the surge of leading coins, according to on-chain insight provider Santiment.
Santiment stated:
“Crypto traders' enthusiasm to sell has quickly subsided, especially as…
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