• Bitget announced a $30 million investment into the multichain wallet BitKeep at a $300 million valuation. • The deal will allow the wallet to access Bitget’s technology and security capabilities, boosting…
Category: Allgemein
KuCoin Leads $10M Investment in Chinese Yuan-Backed Stablecoin
• KuCoin Ventures has led a $10 million investment in stablecoin issuer and blockchain-based payment service provider CNHC. • The investment round included major industry investors, such as KuCoin’s investor IDG Capital…
Crypto Market Dips as Fed Suggests Higher Than Expected Rate Hikes
• The crypto market is down today as the Federal Reserve suggests that its next interest rate hike could exceed market consensus. • This follows a sharp pullback seen in the U.S….
Ethereum Testnet Successfully Forks in Shanghai Upgrade Rehearsal
• Ethereum’s Sepolia testnet has successfully upgraded its Shapella upgrade, simulating the upcoming Shanghai hard fork expected to take place on mainnet in March. • The upgrade enables validators to withdraw their…
SEC Orders Paxos to Stop Issuing Binance USD, Stablecoin Fate in Doubt
• The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. • This could affect the whole stablecoins ecosystem, and customers can still redeem their funds…
Paxos Ordered to Halt Issuance of Binance USD Stablecoin
• The New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos Trust to stop the issuance of dollar-pegged Binance USD stablecoin. • The United States Securities and Exchange Commission…
Achieving Financial Freedom With Bitcoin: How to Make It Possible
Summary Bitcoin aims to bring power back to the people, and a calculated investment in it can potentially bring one closer to financial freedom. Hodling (holding) Bitcoin has proven profitable over the…
Crypto Market Breaks Above $1 Trillion Despite Bad News
• The total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. • Derivatives metrics are not showing increased demand from bearish traders at the moment. • South Korean prosecutors requested…
Bitcoin and Altcoins Poised for Breakout as US Core PCE Meets Expectations
• Bitcoin and select altcoins have been consolidating near their recent highs, increasing the possibility of an upside breakout. • The U.S. core PCE rose 4.4% from a year ago, meeting analyst…
Pietro Poretti Wants to Spark Bitcoin Adoption Dialogue at WEF
• The World Economic Forum (WEF) is an annual conference that takes place in Davos, Switzerland. • Lugano Plan B is a project that allows municipal accounts to accept Bitcoin and other…