Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks.
Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations
Matthew Sigel, head of digital assets research at asset management firm Vaneck, analyzed bitcoin’s recent rise in an interview with CNBC last week on CNBC, pointing to the…
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges.
Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes
Cartwright, a…
Ripple CEO Loses Bank Account, Russia's New Crypto Law, and More
November 4, 2024
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review.
Week in Review
Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his…
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders.
Bitcoin
On the daily chart, bitcoin (BTC) has experienced a pullback after reaching a peak around $73,600, now settling close to $68,149. Recent daily candles display a reversal pattern marked…
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the…
U.S. President Joe Biden has praised Nigeria’s efforts in combating crypto-related financial crimes, including the recent release of a former Binance executive.
Biden, Tinubu Strengthen US-Nigeria Ties With Crypto Crime Initiative
The White House announced Tuesday that…
Crypto exchange Binance has launched Binance Wealth, a crypto exchange solution specifically designed for wealth managers serving high-net-worth individuals. This innovative platform enables wealth managers to facilitate client investments in cryptocurrencies seamlessly. Binance Wealth integrates directly with the Binance platform, allowing wealth managers to handle client onboarding, including…
Ethereum Founder Vitalik Buterin Donates Over $1 Million to Ukrainian Humanitarian Non-Profits
October 30, 2024
On Tuesday, Ethereum founder Vitalik Buterin made a significant contribution of 400 ETH, valued at over $1 million, to four Ukrainian humanitarian non-profits. This donation was facilitated by swapping ETH from meme coins, showcasing the potential of cryptocurrency for…
Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging it for remittances and…
Bitstamp, a cryptocurrency exchange, has received a MiFID MTF license from the Slovenian securities regulator. The license allows Bitstamp to offer more sophisticated products, including crypto derivatives, to both institutional and retail investors.
The Slovenian securities regulator has granted Bitstamp a Markets in Financial Instruments Directive (MiFID) Multilateral Trading Facility (MTF)…
