Standard Chartered’s crypto custodian Zodia to raise $50M
Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise.
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Tennis star Naomi Osaka becomes ambassador for crypto exchange FTX
Naomi Osaka joined seven-time Super Bowl champion Tom Brady, Brazilian supermodel Gisele Bündchen and NBA star Stephen Curry in promoting the crypto exchange. 424 Total views 5 Total shares Naomi Osaka, once one of the highest-ranked tennis players in the world, has become the latest figure in sports and entertainment to endorse crypto exchange FTX.In…

Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months
Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Market visualization courtesy of Coin360Data from Coin360 puts bitcoin firmly in the driving seat on cryptocurrency markets, 24-hour gains topping as much as 6% to take BTC/USD over $11,350. The last time the pair traded…

Blockchain Firm Helps Congo Mine Fight Against Blood Diamonds
Berlin-based blockchain company RCS Global is delivering mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo.Not part of a blood-stained supply chainOn Oct.1, Reuters reported that government officials in the Societe Miniere de Bisunzu (SMB) mine in Congo are using blockchain technology to assure its clients that the minerals they purchase…

US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.

Not just for gamers and fanboys: Why investors should take NFTs seriously
If you’ve been following the crypto industry, you might have noticed just an ever-so-slight buzz around nonfungible tokens, that is unless you’ve been locked down in an NFT-proof bunker for the last year.Originally developed to be used in collectible trading-card games, NFTs can represent any unique assets whose scarcity and ownership can be proven on…

This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8 years
Advanced NVT was already hinting that Bitcoin was "seriously cheap," but has now printed a rare buy flag. 85 Total views 9 Total shares A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory.In a tweet on Dec. 6, Philip Swift, Philip Swift, creator of analytics…

Chinese province to cut off Bitcoin miners from hydropower stations
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction. 970 Total views 7 Total shares Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that…

Crypto trading volume slumps, signaling market exhaustion: Analysis
Crypto market trading volume has declined by more than 50% since February, when it was at its highest levels this year. Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid