Coinbase junk bonds tank amid market rout and creditors’ fears
“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong.
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Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
Bitcoin bulls return in force as traders shake off bearish US economic news and attempt to reclaim the $95,000 level. Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate

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Coinbase crypto exchange obtains payment license in Singapore
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Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga
Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world.The former cryptocurrency brokerage company Voyager Digital, Alameda Research - the investment arm of FTX- and cryptocurrency exchange Binance have been among some…

Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”. 370 Total views 26 Total shares Toronto-based cryptocurrency exchange, Bitbuy, now offers full insurance on all Bitcoin (BTC) deposits in an apparent first for the industry, according to a press release shared with Cointelegraph on May 27.The platform…

Singapore central bank to trial live wholesale CBDC for settlements
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks. 118 Total views 2 Total shares A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local

Bitcoin price action in 2021 so far mirrors 2017 — Will it continue?
Bitcoin’s (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and “Uptober” delivering on high hopes, many analysts are increasingly confident that the year will play out in the same way as 2017. In fact, a recent tweet from crypto analyst TechDev shows just how closely…