Cryptos

Coinbase Inc. (COIN), the U.S. crypto exchange that’s seeking to expand globally amid the regulatory crackdown in its home country, has recently considered buying FTX Europe, Fortune reported.This is part of Coinbase’s desire to expand its derivatives business, according to the article, which added that acquisition talks never reached a “late…

Bitcoin (BTC) has held firmly above the $26,000 level this week despite sharp sell-offs in equity markets and the surging U.S. dollar – a victory of sorts given the bearish signals those other moves could’ve portended.The largest crypto asset by market capitalization changed hands Friday afternoon at around $26,500, slightly up 0.3% since the…

Bitcoin traded down slightly on Friday after showing resilience earlier in the week. The world’s largest cryptocurrency by market value was trading around $26,500 and did not witness notable gains over the week. Toncoin (TON) was the top performer over the week, up almost 10%. Toncoin is the native cryptocurrency of The Open Network, which was…

Bitcoin (BTC) could see “substantial inflows” from China within the next few months amid a weakening Chinese yuan and one of the country’s biggest capital flights in years.“The familiarity of Bitcoin by Chinese investors in times of a weakening domestic economy could see substantial inflows into Bitcoin over the next few months,” said Markus…

Damoon Designated Activity, in which Frankfurt-based Northern Data acquired a majority stake in July, bought some 400 million euros ($427 million) worth of Nvidia graphic processing units (GPU), the German company said in a press release.The chips will be deployed through Northern Data’s cloud service, Taiga Cloud, with plans to offer access to…

Bitcoin and other cryptocurrencies slipped Thursday as risk-sensitive assets weakened after the Federal Reserve’s latest monetary policy decision. Cryptos are poised to return to range-bound trading that has defined recent months.The price of Bitcoin has retreated 1% over the past 24 hours to around $26,850, moving…

Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many in Congress. This legislation, championed by Majority Whip Tom Emmer, stands in staunch opposition to an “ever-expanding government surveillance state.” United States Congress to…

As we gear up for Sam Bankman-Fried’s day in court, it seems prudent to step back and unpack what happened in late 2022 that got us here today:It is one of the most consequential documents in financial history, given that it caused the collapse of a $32 billion empire in just nine days and now to a highly anticipated criminal trial.“It” is the…

Bitcoin and other cryptocurrencies rose Wednesday ahead of the Federal Reserve’s latest move on monetary policy. With traders having piled into bullish bets ahead of the central bank’s interest-rate decision, crypto markets could be primed for volatility.The price of Bitcoin has advanced less than 1% over the past 24…

Image by 3D Animation Production Company from PixabayBinance has seen a massive drop in Bitcoin trading volume this month according to new data from K33 Research. A new report revealed that the platform's 7-day average spot trading volume for Bitcoin has…