The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week. Bitcoin (BTC) will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes. Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was […]
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Japanese financial giant SBI Holdings has acquired a 10% stake in Nomura’s digital security platform Boostry. Major Japanese financial services company SBI Holdings now owns a 10% stake in the digital security offering platform Boostry. The news follows the signing of a memorandum of understanding between Nomura Research Institute — a joint venture of Boostry’s […]
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CoinMarketCap has withdrawn BNB as the top DeFi token claiming it was a mistake. CoinMarketCap listed its parent company’s token Binance Coin at the top of its new DeFi list — and then quickly withdrew it following a barrage of criticism. First noticed by podcaster and Twitter user Yannick Eckl (@cryptonator1337), BNB was ranked higher […]
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The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin. Carlos Ghosn — the ex-Nissan head who made a dramatic escape from house arrest in Japan in December — paid the extraction team half a billion dollars worth of crypto. According to U.S. prosecutors […]
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The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges. Crypto usage and trading has made its way over to Africa, gaining prevalence all over the continent, according to Chris Maurice, CEO of Yellow Card — a crypto exchange based in Lagos, […]
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Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by […]
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The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain […]
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Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators. Japanese cryptocurrency exchange Liquid is reportedly delisting privacy-focused coin Zcash (ZEC) in order to apply for a license to operate in Singapore. The Electric Coin Company, which develops the Zcash cryptocurrency, announced the news in a July […]
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Chainalysis is expanding access to its Chainalysis Cryptocurrency Fundamentals Certification program to the wider community. New York-based blockchain analytics firm Chainalysis is extending access to its certification program in crypto fundamentals to the wider professional community. Announced on July 23, the company said that its Chainalysis Cryptocurrency Fundamentals Certification (CCFC) would from now on be […]
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Users can now store Unstoppable Domains’ .crypto addresses with Gemini Custody. Unstoppable Domains, a major blockchain domain provider, is hitting another milestone as Winklevoss brothers’ Gemini exchange now offers custody for its “.crypto” domains. Starting from July 23, users can store their “.crypto” addresses obtained through Unstoppable Domains with Gemini Custody — a tool that […]
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