BTC price aims for $68K as US unemployment beat ups Fed rate cut odds

Hana Bank plans to conduct research on certificate of deposit tokens, while Woori Bank’s research department has already recently released a report on them. Several private banks in South Korea are studying the potential of tokenized deposits technology, an alternative both to private stablecoins and central bank digital currencies (CBDCs). According to the report from Maeli…

Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg published on May 8.In the interview, Bogart confirmed that he thinks Facebook Coin — whether it will be a stablecoin or…

A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins. 136 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTHong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to…

The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. 304 Total views 25 Total shares

According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin. 1141 Total views 4 Total shares Bitcoin (BTC) has led a 35% rally this week by soaring far above the $50,000 resistance level and restoring a $1 trillion market capitalization to the asset. According to a note shared…

Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys and discarded storage devices containing substantial amounts of Bitcoin (BTC).When Bitcoin owners are not being careless with their wallet passwords, they can…

The S&P 500 fell for six days in a row and made a new year-to-date low on Sept. 27, but Bitcoin (BTC) maintained its outperformance and stayed well above its June low. This could be a positive sign because markets that show strength on the way down are the ones that outperform in the event…

Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations. 1837 Total views 21 Total shares The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster innovation in the region. Speaking at the Australia…

CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity. Own this piece of crypto history Collect this article as NFTThe depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing.The crypto infrastructure firm is seeking fresh…