Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility. Source
Read MoreOnce the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility. Source
Read MoreThe crypto market has witnessed several fluctuations, but specific sectors’ resilience within this domain remains attractive. Recently, despite a noticeable dip in
Read MoreThe crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on Grayscale Investments’ Bitcoin spot ETF application. The United States Securities and Exchange Commission (SEC) rejection of the application was overturned.The decision was “a slaughterfest of the SEC arguments,” Cinneamhain
Read MoreOn June 28, the European Council and Parliament achieved a political consensus on the Data Act, which moves the legislation regarding non-personal data closer to fruition.Thierry Breton, European Union commissioner for the internal market, described the agreement in an X post as a “milestone in the reshaping the digital space.”Another
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase CEO Brian Armstrong has affirmed their commitment to remain in the US, dismissing any notion of departure. Earlier, Armstrong had raised concerns about the uncertain crypto regulatory landscape in the country and hinted at the possibility
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied GameStop Corp. has announced the discontinuation of its cryptocurrency wallets due to “regulatory uncertainty.” On Nov. 1, the company will withdraw its support for iOS and Chrome Extension wallets, which have allowed users to manage cryptocurrencies and
Read MoreGaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of the crypto space.”In a notice posted to its website, GameStop said iOS and Chrome Extension wallets will no longer be available starting on Nov. 1, advising users to
Read MoreBinance Smart Chain (BNB) has seen significant growth in its daily active addresses and transactions in the second quarter of 2023, according to a report by blockchain analytics firm Messari. The increase in activity was primarily driven by LayerZero, a cross-chain messaging protocol that enables lightweight and efficient communication between different
Read MoreThe month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United States Federal Reserve halted interest rate hikes in June, the macroeconomic climate remains unchanged
Read MoreBitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings,
Read More