Crypto exchange Coinbase revealed plans to offer crypto-linked derivatives in the European Union (EU) market. Coinbase said it has entered into an agreement to acquire the Cyprus-based entity, which holds a Markets in Financial Instruments Directive 2014 (MiFID II) license. The acquisition is subject to regulatory approval, and Coinbase expects the deal to close later […]
The bankrupt crypto lender Celsius Network announced on Jan. 5 that it plans to unstake existing Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. According to the firm, the “significant” unstaking event will occur in the next few days. Celsius wrote: “Celsius will unstake existing ETH holdings, which have provided […]
Prominent crypto critic and economist Peter Schiff has cautioned against the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, suggesting it could lead to a catastrophic impact on the price of BTC. In a tweet on X (formerly Twitter), Schiff said the promise of a US-listed spot Bitcoin ETF has […]
Michael Saylor, an executive chairman of Microstrategy, started implementing his plan to sell a whopping $216 million worth of company stock options. Such proceeds will be used for personal purposes and purchasing additional bitcoin on his account. Michael Saylor, a world-scale bitcoiner, has decided to put his plan into practice and begin selling $216 million […]
Bitcoin price remains on the radar of investors as the wheels of the United States’ financial and economic machinery start turning again after the New Year’s Day holiday. In a concise week, market participants closely watch key economic events, particularly the release of the Federal Reserve’s December meeting minutes, which could influence the trajectory of […]
Dr. Xiao Feng, Chairman of HashKey Group, issued a 2024 New Year’s message, starting from the first principles of blockchain and discussing the top ten industry trends in 2024. Embracing the first principles of that blockchain, he emphasized their history of ledgers began with the Sumerians writing on clay tablets millennia past through to the […]
South Korea’s personnel ministry announced on Dec. 27 that high-ranking public officials will be required to disclose their crypto holdings. This new measure, which starts next year, is part of an effort to enhance transparency and accountability within the public sector. According to an announcement, the property details — including cryptocurrencies — of about 5,800 […]
Solana, often touted as one of the standout performers in the cryptocurrency market, has experienced a recent decline in its price. Max Keiser, a renowned Bitcoin maximalist, recently tweeted a warning about Solana (SOL) and laughing emoticons, implying that a “rug pull” was happening. Keiser’s warning, delivered with his trademark irony, effectively carries the sentiment […]
Mt. Gox creditors report successful receipt of payments, marking a noteworthy development in the long-awaited resolution for the Mt. Gox community. The updates are spreading across various social media platforms. Reddit accounts suggest that Mt. Gox is remitting fiat currency [Japanese yen] to people who suffered losses of Bitcoin in the 2014 incident. Payments have […]