Crypto
Despite much hotter-than-expected US jobs numbers released earlier on Friday, Bitcoin (BTC) is having another go at pushing back above the $28,000 level and its 100 and 200DMAs.The world’s first and largest cryptocurrency by market capitalization initially fell following the data, but has since reversed around 3% higher versus its…
The Open Network’s native Toncoin (TON) has bounced-up +5% after localised retracement from upper trendline resistance, but is it too late to buy Toncoin?Retracement has swept the Toncoin chart following rejection from upper trendline resistance – this comes following a dramatic upside pump triggered by the news that Telegram integrated…
The XRP price has dipped by 0.5% in the past 24 hours, as cryptocurrency and financial markets continue to be undermined by rising bond yields and wider economic instability.XRP remains up by 2% in the past week, however, as well as by 4% in the last 30 days, following this…
South Korean debt collectors are now seizing crypto in insolvency cases – and may soon be granted even more power to confiscate coins.Per Hanguk Kyungjae, the Korea Deposit Insurance Corporation (KDIC), a firm that operates under the Financial Services Commission (FSC), has begun “seizing cryptoassets for the first time” this…
China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS).The move will speed up cross-border digital yuan transactions and boost interoperability between the Mainland’s CBDC and international payment networks.The FPS is the brainchild of the Hong Kong…
Wall Street is notorious for playing its cards close to its chest, especially when there’s money to be made. One such example is when a few years ago, the rapid rise and subsequent adoption of electric vehicles caught many traditional investors off guard. While the public was enamored by the promise…
The Dogecoin community is funding the construction of a bronze statue in Japan depicting Kabosu – the Shiba Inu dog associated with the infamous Doge internet meme.Per a press release from The Dogecoin Foundation last year, Kabosu fans crowdfunding in early November 2022 to fund the statue’s construction, and had…
Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.On Wednesday, October 4, a Rotterdam court has ruled that the Dutch Central Bank (DNB)…
Autumn is on its way, and for many coffee drinkers, ’tis the Pumpkin Spice Latte season. Starbucks’ popular beverage is turning 20, and to celebrate the occasion, the American coffee shop chain announced special non-fungible token (NFT) collectibles. Starbucks Odyssey, the coffee giant’s Web3 rewards and loyalty platform, will today release…
On Wednesday, October 4, Hong Kong Exchanges and Clearing Limited (HKEX) introduced an upgraded version of its Stock Connect program called “Synapse.”Synapse leverages smart contracts written in the DAML programming language to automate post-trade workflows and mitigate settlement risks, thereby enhancing operational efficiency in the equities settlement market.This new system…