Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services,” Ripple explained, adding that institutions located in the zone can now…
NBA Star Seeks to Void Property Sale After Learning of Canadian Crypto King's Past Occupancy – News Bitcoin News
November 5, 2023
National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski’s occupancy of the property after his girlfriend…
Crypto Gainers and Losers: This Week's Market Snapshot – Market Updates Bitcoin News
November 5, 2023
This week, while bitcoin and ethereum decelerated, they still managed a modest uptick of 2-3% against the U.S. dollar. Meanwhile, a roster of around 50 cryptocurrencies recorded double to triple-digit gains during the same seven-day span. In the race of gains from Saturday…
The Clock Ticks for Sam Bankman-Fried: Countdown to a Crypto Mogul's Day of Reckoning – Bitcoin News
November 5, 2023
A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and Bankman-Fried’s sentencing, which is scheduled for March 28, 2024.
Before the Gavel — What Lies Ahead Until Sentencing Day?
A significant turning…
Rosfinmonitoring: Crypto Popularity Soars in Russia, 185K Transactions Registered in 2023 – Bitcoin News
November 4, 2023
Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed during the first nine months of 2023. Chikhanchin also…
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree – Bitcoin News
November 4, 2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to…
Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action – Markets and Prices Bitcoin News
November 4, 2023
Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization.
Bitcoin
Bitcoin (BTC) fell 3.3% to $34,195 amid light trading volume of $20.79 billion over the last 24 hours. The relative strength index (RSI) reading of 70 indicates bitcoin is approaching overbought levels…
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump – Bitcoin News
November 4, 2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the…
Fun Is Critical to Making Decentralized Games a Success – Cryptopia CEO Sangho Grolleman – Interview Bitcoin News
November 3, 2023
Sangho Grolleman serves as the CEO of Cryptopia, bringing with him a wealth of experience in the cryptocurrency realm since 2018. He recently joined the Bitcoin.com News Podcast to talk about the decentralized gaming market why making sure games are first and foremost fun to…
October's NFT Market Contracts Over 21%, With Ethereum's Share Shrinking by $35 Million – Markets and Prices Bitcoin News
November 3, 2023
October proved to be a beneficial period for the broader crypto asset landscape; however, it cast a shadow on the non-fungible token (NFT) sector, witnessing a 21.64% dip in sales. Ethereum’s NFTs took the lion’s share, amassing $171 million out of the $313 million total, despite experiencing a 17.26% decrease in sales volume over the course of the month.
NFT Market Contracts in October
The…
