Bitcoin (BTC), the largest cryptocurrency by market capitalization, was recently changing hands at about $27,450, down more than 2% over the past 24 hours, according to CryptoX data. BTC rose as high as about $28,300 earlier in the day and is up more than 16% in March.
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Ether, the second larges crypto in market value, was recently changing hands at $1,810, up 4.6% from Wednesday, same time. Other major cryptos were largely in the green, regaining ground lost the previous day. Stablecoin XRP and TRX, the token of blockchain-based platform Tron Network, recently rose 5.7% and 9.4%, BankingBitcoinConcernscryptoexchangeExchangesFedInvestorsMomentumRegainsShrug Read More
The regulator's warning comes the day after Coinbase (COIN) disclosed the SEC issued it a Wells Notice indicating a possible imminent enforcement action tied to the exchange listing of potentially unregistered securities. Coinbase's Nasdaq-listed shares were hit hard by this news, slumping as much as 20% in early trading on BitcoinCautiousCryptocryptoexchangeExchangesInvestorsSECSecuritiesUrges Read More
A group of professionals in Web3 took to the master stage at Paris Blockchain Week 2023 to discuss how Web3 is changing the game for startups and investors. This new paradigm disrupts traditional business models and provides opportunities for startups and investors to tap into a new market. In the panel ensuringInvestorsPBW2023SuccessWeb3Work Read More
Following a signed agreement between SpaceX and NASA, the government agency is considering SpaceX as an emergency return option for the ISS crew.
Elon Musk’s SpaceX is about to receive financial backing from Saudi Arabia and Abu Dhabi investors in a new funding round. This follows an equity funding round in May AbuContributeDhabifundingInvestorsSaudiSpaceX Read More
These are set to be built in partnership with China Telecom, the second-largest wireless carrier in China with an estimated 390 million subscribers, as CryptoX has reported.China Telecom will launch the first BSIM pilot program in Hong Kong later this year, Conflux Network said at the time. This will likely 27.3KBitcoinBlockchainEnabledBTCCardConfluxCryptoDecisionFedFuelsgrowthHoversInvestorsPriceSIM Read More
Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and 28KBitcoinBuyingcryptoexchangeDueExchangesHoldsInstitutionalInvestorsSellingSpot Read More
The U.S. central bank is widely expected to boost the interest rate 25 basis points.
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The price of Bitcoin (BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren’t very ecstatic after a 36% gain in eight days. Looking beyond Bitcoin’s stellar performance, there are reasons investors are not fully confident in further price upside. The recent rescue of Credit Suisse, 30KBitcoinsChanceInvestorsRallyingReducingSheltershorttermTreasurys Read More
The Belgian Financial Services and Markets Authority (FSMA) will have new powers to supervise virtual currency advertising when a new regulation comes into force on May 17. In preparation for its new role, the agency commissioned a survey of investors.The new regulation will have three aspects. First, it will require AuthorityBelgianBitcoinCryptocryptoexchangeExchangesFSMAInvestorsRegulationSurveys Read More