3 reasons why Ethereum price continues to underperform against BTC in 2024
Ethereum price underperforms BTC on a number of metrics as investors await spot ETH ETF to start trading.
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Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial services company WSFS Financial Corporation.According to…

President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29.Jens Weidmann, BBk president and chairman of the board of the Bank for International Settlements (BIS), reportedly claimed that the adoption of digital money could potentially destabilize the financial…

Circle is latest recipient of Major Payment Institution license in Singapore
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com. 77 Total views 1 Total shares Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle MPI approval from MAS in November and…

No, Crypto Payments Won’t Ruin Russia’s Financial System, Key Players Say
Is Russia harming its economy by banning crypto payments? As Russia is about to officially ban crypto payments within its borders starting on Jan. 1, 2021, Cointelegraph tracked down some senior executives in the crypto industry to talk about the implications of such a ban.Russia’s primary crypto opponent is Anatoly Aksakov, a member of the…

CAR president urges citizens to understand Bitcoin to bring long-term prosperity
For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues. 366 Total views 4 Total shares Despite the cryptocurrency market's prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes…

Solana hits new all-time high against Ethereum, but is $200 SOL price within reach?
Solana price could rally to $200 if SOL manages to flip $148 into a support level, technical analysis suggests.

Nexo leaving US, says country lacks clear regulations
The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down. Own this piece of crypto history Collect this article as NFTThe crypto borrowing and lending platform Nexo plans to gradually cease operations in the United States “over the coming months,” according to a blog…

Bitcoin ‘potentially reached’ local bottom, Bitfinex says
Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.