Key facts: CbBTC is backed 1:1 by the bitcoin held by Coinbase. The wrapped BTC token will be available for trading on DEX with Coinbase Wallet. Coinbase, the largest cryptocurrency exchange in the United States, announced on Thursday, September 12, the launch of its wrapped bitcoin (BTC) token, called cbBTC, expanding the ways to use … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw … Read more
The Worldcoin (WLD) token, known for its identity verification protocol based on biometric data scanning, continues its price decline on the market. Since its launch, it has aroused the interest of many, but Recent movements in its share price raise doubts about its future as a solid investment option. Currently, the price of WLD is … Read more
Currently, moves are taking shape that could push the price of bitcoin (BTC) to higher levels. Two key factors are converging and They project a possible increase in the price of bitcoinwhich could also drag the entire cryptocurrency market into an uptrend. The first factor is related to BTC reserves on exchanges. These reserves have … Read more
Key facts: Cardano offers its users flexible staking to manage their funds delegated to pools. The ADA ecosystem had its latest update recently, with the Chang fork. Charles Hoskinson, founder of the Cardano network, denied a controversy that arose around the staking of ADA, the native cryptocurrency of the ecosystem. The controversy arose in a … Read more
Key facts: Saudi Arabia to accept yuan in oil trade, challenging dollar dominance China is moving forward with its strategy to increase the use of the yuan in global transactions. Although the dollar’s dominance remains firm globally, the changes highlight that a process of transformation of the global financial system is underway, in which China … Read more
The UK Ministry of Justice today submitted to the UK Parliament a regulatory proposal that seeks to recognise cryptocurrencies, including Bitcoin, non-fungible tokens (NFTs) and tokenised carbon credits, as personal property. This legislation aims to offer legal protection to property owners and businesses against fraud and scams related to cryptocurrencies. According to the informed According … Read more
PancakeSwap, the exchange (DEX) operating on the BNB Chain blockchain, launched its first prediction market on Telegram linked to the token native to this network, BNB. This new application came into effect in its beta version and allows users to bet on the rise or fall of BNB every five minutes in real time. According … Read more
Fantom (FTM), the native cryptocurrency of the eponymous network, leads the weekly rise of digital currencies within the top 100 by market capitalization. The increase in the asset’s price is due to the announcements made by the Fantom Foundation team, which detailed the updates of Sonic Networka new layer-1 network with a native layer-2 bridge … Read more
Tangem will launch a self-custody payment card in conjunction with VISA, the financial services network that facilitates electronic transfers and operates in more than 200 countries. According to Michael Butaev, head of the payments division at Tangem Wallet, the technology used is one that allows “creating a true self-custody card without having to trust your … Read more