News Archives - Page 58 of 63 - News and Education Crypto Exchange

Sam Bankman-Fried denies he tried to sway witness, awaits possible contact restrictions

January 29, 2023 11:26 am No Comments

Sam Bankman-Fried, the former CEO of FTX, has refuted accusations that he attempted to sway a possible witness. Government representatives had claimed that Bankman-Fried tried to do this and asked for communication limitations in a court filing on January 27.SBF tried to contact FTX US General Counsel via encrypted messaging app Signal. Ryne Miller has information that could incriminate Bankman-Fried. Miller was present at FTX at the time of its collapse and participated in online company groups on apps such as Signal and Slack. News Sorce

Bitcoin ($BTC) Fear and Greed Index Shows ‘Greed’ for First Time in Nearly a Year

January 28, 2023 10:57 am No Comments

The index has been in a state of “extreme fear” and “greed” since March of last year. Extreme fear indicates that investors are “too worried,” and could present a buying opportunity. Greed indicates the market is due for a correction and can signal a potential reversal in price. News Sorce

White House cryptocurrency roadmap recommends against pension funds

January 28, 2023 10:57 am No Comments

White House cryptocurrency ‘roadmap’ recommends against pension funds. Statement was issued the same day the Fed denied digital asset Custodia Bank membership in the Federal Reserve System. Its recommendations include expanding regulators’ powers, strengthening disclosure requirements, increasing funding for law enforcement, and following the advice of the Financial Stability Oversight Council. News Sorce

US institutions account for 85% of Bitcoin buying in ‘very positive sign’ – Matrixport

January 28, 2023 7:46 am No Comments

US institutions account for 85% of Bitcoin buying in ‘very positive sign’ – Matrixport’s chief strategist. The data was shared in a Jan. 27 report from Matrixport, which suggests whether a digital asset is more favorable by retail or institutional investors at any given time. The report concluded that this “should be a very positive sign for Bitcoin” as institutional adoption continues. News Sorce

Congressman Hill to ‘make sure’ US is the place for blockchain innovation

January 28, 2023 7:35 am No Comments

Congressman French Hill to ‘make sure’ US is the place for fintech and blockchain innovation. The Financial Services Subcommittee on Digital Assets was put together on Jan. 12. Hill also wants to explore the possibility of a spot Bitcoin exchange-traded fund (ETF). Crypto trading and exchanges will need to be “overseen” by an agency, Hill said. The SEC has repeatedly rejected applications for a spot Bitcoin ETF, including one by the world’s largest crypto asset manager, Grayscale. Other areas of the subcommittee will be related to federal privacy law, a stablecoin bill and the ramifications for the securities market. News Sorce

Goldman Sachs ranks Bitcoin as the best-performing asset of 2023

January 28, 2023 7:05 am No Comments

The banking giant Goldman Sachs has ranked Bitcoin as the best-performing asset in the world this year. The maiden crypto has performed better than the likes of S&P 500, gold, real estate, and Nasdaq 100. BTC has outperformed MSCI emerging markets index, energy, information technology (IT) and many more. News Sorce

QuickNode reaches $800 million valuation in Series B round

January 28, 2023 6:49 am No Comments

Crypto infrastructure firm QuickNode raised $60 million and reached an $800 million valuation. The company was valued at $250 million in October 2021. Dan Tapiero’s 10T Holdings led the round, with Alexis Ohanian’s Seven Seven Six joining the board. QuickNode has raised $35 million in Series A funding, valuing the company at $250 million. Quick Node’s competitor Alchemy was valued at $10.2 billion in February 2022. News Sorce

Saudi Central Bank still researching CBDC, but no decision on deployment

January 25, 2023 9:04 am No Comments

Saudi Arabia’s central bank is ramping up its research into Central Bank Digital Currencies (CBDCs). The move is part of Saudi Vision 2030, an initiative to reduce the Kingdom’s dependence on oil, diversify its economy and develop public service sectors. News Sorce

Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO

January 25, 2023 8:50 am No Comments

Outgoing CEO Al Kelly briefly shared the firm’s plans for Central Bank Digital Currencies (CBDCs) and private stablecoins. Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since. Visa’s research team began working on a blockchain interoperability project in September 2021. The payment giant hasn’t provided an update on the UPC in over 12 months. News Sorce

Ethereum Shanghai Mainnet Shadow Fork Goes Live

January 24, 2023 11:54 am No Comments

Ethereum users are one step closer to accessing the $26 billion worth (and counting) of ETH staked with the world’s largest smart contract network. Users have staked almost $26.5 billion worth of ETH since December 2020 to earn rewards. The withdrawal date for unstaking is set for March. News Sorce

Category: News

Sam Bankman-Fried denies he tried to sway witness, awaits possible contact restrictions

Bitcoin ($BTC) Fear and Greed Index Shows ‘Greed’ for First Time in Nearly a Year

White House cryptocurrency roadmap recommends against pension funds

US institutions account for 85% of Bitcoin buying in ‘very positive sign’ – Matrixport

Congressman Hill to ‘make sure’ US is the place for blockchain innovation

Goldman Sachs ranks Bitcoin as the best-performing asset of 2023

QuickNode reaches $800 million valuation in Series B round

Saudi Central Bank still researching CBDC, but no decision on deployment

Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO

Ethereum Shanghai Mainnet Shadow Fork Goes Live

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