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The move means Binance users will be able to qualify for economic returns on the underlying shares, which will include potential dividends. Cryptocurrency exchange platform Binance is looking to tokenize more stocks of some of the worldâs largest companies. According to a blog post on Monday, Binance will list MicroStrategy, Microsoft and Apple, providing Binance users with exposure via the...
The head of Turkeyâs central bank ruled out a total ban of cryptocurrencies and said a wide range of crypto regulations is coming within two weeks, Trade Moneta reported. Speaking on state-run channel TRT, Governor Ćahap KavacıoÄlu said, "You cannot fix anything by banning crypto and we do not intend to do this." KavacıoÄlu's comments come less than a week...
Bitcoin's price fell about $4,300 in the last 24 hours. Bitcoin has fallen below the $50,000 psychological support line, hitting its lowest point in 48 days. At around 17:00 UTC on Thursday, bitcoinâs (BTC) price fell from around $54,900 to $51,500 before the markets inflicted another sell-off to $48,300, according to Bitstamp exchange data. Prices are currently hovering around $49,200,...
Brian Brooks, an acting head of Office of the Comptroller of the Currency under Trump, will become CEO of Binance.US A former top U.S. banking regulator is set to join Binance.US, one of the worldâs biggest bitcoin exchanges, in the latest move by a cryptocurrency company to deepen its ties to Washington. Brian Brooks, an acting head of the Office...
The amount represents roughly 1.5% of his holdings. Coinbase insiders and early investors sold about $5 billion in shares in total during the leading cryptocurrency exchangeâs first day of trading on the Nasdaq earlier this week, according to series of filings made Friday with the U.S. Securities and Exchange Commission (SEC). CEO Brian Armstrong sold 749,999 shares in three batches...
The biggest cryptocurrency by market value dropped from roughly $60,000 to $52,148 in 15 minutes during the Asian session, liquidating almost $4 billion worth of positions in the derivatives market
The hype around ether is also reflected in the derivatives market. Ether (ETH, -2.06%) continued its rally on Thursday after the Berlin hard fork on the Ethereum blockchain went live earlier the day, surpassing $2,500 for the first time in history. The No. 2 cryptocurrency by market capitalization was traded around $2,498.91 at press time, just slightly down after it...
The Coinbase listing is seen as a watershed moment for the cryptocurrency industry. Coinbase, the biggest U.S. cryptocurrency exchange, went live with its direct listing on Nasdaq, on a day when bitcoin rallied to a fresh all-time high. The shares fluctuated in the first hours of trading, starting at $381 and initially jumping above $400 but dropping as of press...
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Officials at multiple government departments are increasing efforts to better understand any possible threat posed to the U.S. dollar by China's digital yuan. President Joe Bidenâs administration is reportedly troubled by the long-term effects a digital yuan may have on the dollarâs status as the worldâs reserve currency. According to a Sunday report by Bloomberg citing unnamed sources, officials at...