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Month: June 2023
Bitcoin
Bitcoin Maintains Its Safe Haven Status While Gold Price Plummets
Bitcoin (BTC) has proven its safe haven status by reclaiming the $30,000 zone. Meanwhile, gold has been downtrend after hitting an all-time high in May. In times of crises, assets with limited supply, such as […]
Bitcoin
Bitcoin-Loving President Bukele Reaches Record Support Level After 4 Years at the Helm (Survey)
Recent survey conducted by TResearch estimated that nearly 93% of Salvadorans approve of the leadership of President Nayib Bukele. This has been the highest level of support for the political leader who stepped into his […]
Ethereum
Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today. The crypto exchange has also completed a second funding round with new investors. EDX has plans of launching a clearinghouse business later this […]
Blockchain
BitGo terminates acquisition of Prime Trust
On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According to BitGo, “This decision was not […]
Cryptocurrency
US Federal Agencies Unite to Form ‘Mini-FBI’ for Dark Web Crypto Crime
Adobe / daniel0 The U.S. government has established a new task force for targeting crypto crime consisting of five investigators from different federal agencies. Established on June 15, the “Darknet Marketplace and Digital Currency Crimes […]
Altcoin
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state. Ripple confirmed the approval from the Monetary Authority of Singapore (MAS) […]
Regulation
‘we see payment stablecoins as a form of money’
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday. Bitcoin surpassed the $30,000 level today for the first in two months. Cryptocurrencies seem to […]
Technology
SHIB rallies after Shiba Inu introduces Shibacals
Key takeaways Shiba Inu developers have introduced Shibacals, a service that allows users to link real-world assets to NFTs. SHIB has rallied by more than 7% over the last 24 hours. Shiba Inu to introduce […]
NFT
DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to cryptocurrencies – announced the mainnet launch of its tranching mechanism and innovative Interest Rate Vaults. […]
