Most top twenty cryptocurrency see less than 1 percent volatility in the past 24 hours, data confirms. An eerie calm continues to linger over cryptocurrency markets Friday, Oct. 26, as Bitcoin (BTC) volatility hits an all-time low and altcoins remain stagnant. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 paints an underwhelming […]
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Bloomberg’s market experts consider that Bitcoin’s low volatility levels signal the coin is finding a price bottom. Bloomberg’s analysts have joined the ranks of experts who consider that Bitcoin (BTC)’s low volatility levels recently signal the coin is finding a bottom, according to an analysis published Oct. 24. Data analyzed by Bloomberg reveals that in […]
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Sources familiar with the matter told Bloomberg that crypto mining firm Bitfury is considering an Initial Public Offering. Blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO), which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25. People familiar with the matter reportedly […]
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Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]
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The SBI Group plans to license Sepior ApS’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. When it came to the decision, SBI said that Sepior’s multiparty computation (MPC) approach allows for a high level of protection for […]
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Plans announced by Spain’s finance minister last week would subject all Spanish citizens to obligatory reporting of their crypto wealth. Cryptocurrency investors governed by Spain could face mandatory reporting of their holdings for tax purposes under a new draft law the government approved Friday, Oct. 19, local daily news network ABC reports. Unveiled at a […]
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Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins […]
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U.S. crypto wallet and blockchain security firm BitGo gets $15 million from banking giant Goldman Sachs and Galaxy Digital’s Mike Novogratz. U.S. banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S. crypto custody service BitGo, Bloomberg reports Wednesday, Oct. 18. In […]
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Bitcoin futures trading at the CME has continued to grow in Q3, with average daily trading volume up 41% over Q2. Bitcoin (BTC) futures trading at the Chicago Mercantile Exchange (CME) has continued to grow in Q3, the U.S.-based exchange reported in a tweet Wednesday, Oct. 17. The CME has revealed that the average daily […]
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Cointelegraph investigates Redditors’ allegations that American Express has sponsored crypto-skeptical content on Twitter. Reddit users have alleged that American Express (Amex) has sponsored crypto-skeptical content on Twitter, according to a popular forum thread opened Tuesday, Oct. 16. The tweet in question was allegedly circulated through Bloomberg’s Twitter network “TicToc” on Oct. 11, and was reposted […]
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