Auto Added by WPeMatico

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the…

Continue ReadingNFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in…

Continue ReadingSEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’

Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits.…

Continue ReadingHong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

Financial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’

Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation. Kohler explained that while bitcoin crashed tremendously…

Continue ReadingFinancial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’

‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack

The intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin, is being adapted for film. “Dutch & Razzlekhan” aims to vividly depict the bold cryptocurrency…

Continue Reading‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack

Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows 

The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across…

Continue ReadingBitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows 

Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects

Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties…

Continue ReadingTether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects

Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund

In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This…

Continue ReadingBlackrock Explores Bitcoin ETP Investments for Global Allocation Fund

Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold

In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has…

Continue ReadingAnthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold

Email Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy

In an email found within the motion by Digital Currency Group (DCG) and Barry Silbert to dismiss the lawsuit initiated by the New York Attorney General, discussions of a potential…

Continue ReadingEmail Shows Digital Currency Group and Gemini Explored Merger Before Genesis Bankruptcy