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A listing would be a boon for the embattled Binance brand. Changpeng âCZâ Zhao, CEO of one of the worldâs largest exchanges, Binance, says its U.S. affiliate is eyeing an initial public offering within three years. According to a report by The Information on Wednesday, Zhao said âBinance.US is just going to do what Coinbase didâ by following in the...
The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in. Seagal, now living in Russia, has been ignoring the SECâs attempts to contact him. Steven Seagal Ignores SEC, Fails to Pay Settlement A federal judge for...
RMB internationalization is inevitable, wrote Peopleâs Daily. China aims to build an international clearing and settlement network for mobile payments using the digital yuan, the Peopleâs Daily wrote in an op-ed Monday. The network will be a âbreakthrough pointâ in the cross-border use of the digital currency, the op-ed said. China also wants to use the digital yuan to improve...
The Square and Twitter CEO first announced plans to create an âopen developer platformâ in July. Square and Twitter CEO Jack Dorsey, tweeted on Friday that TBD, payment giant Squareâs new division focused on creating an open developer platform, is planning to build a decentralized bitcoin exchange. âHelp us build an open platform to create a decentralized exchange for #Bitcoin,â...
The investments manager said it confidentially filed for a bitcoin futures ETF months ago. The race to launch a bitcoin (BTC, +1.52%) futures exchange-traded fund (ETF) for U.S. investors now has a (procedural) front-runner: Valkyrie Investments. On Tuesday, a surprise regulatory filing by Nasdaq to âlist and trade sharesâ of the Valkyrie XBTO Bitcoin Futures Fund revealed the existence of...
"The market continues to hover over the 200-day moving average with bulls still in play," Zerocap's Toby Chapple told CoinDesk. Bitcoin is once again trading above the $50,000 price tag, hitting the mark for the first time in over three months. The worldâs largest cryptocurrency by market value is up 2.5% over a 24-hour period and is currently changing hands...
Hourly spot volume across multiple exchanges clocked the highest point since Aug. 13. Bitcoin is up more than 6% on the day after breaching $47,000 on the back of strong buyer demand. The worldâs largest crypto by market cap has hit a 24-hour high of $47,359 and is now posting a 62.2% year-to-date return, CoinDesk data shows. Current prices are...
âChad af,â one Twitter user commented on the rescue action. A group of people in the crypto community, led by crypto investment firm Paradigmâs research partner Sam Sun, may have just prevented SushiSwapâs token fundraising platform Miso from losing more than $350 million worth of ether (ETH, -3.06%), after discovering and fixing a bug on the platform in under just...
Ether is the most popular cryptocurrency in Singapore, a survey published Monday found. Almost four-fifths of crypto investors, 78%, hold ether compared with 69% who own bitcoin, according to a survey by crypto exchange Gemini, finance platform Seedly, and information provider CoinMarketCap. Cardano came third at 40%. The survey of over 4,000 adults conducted June 29-July 9 also found that...
Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff. Bitcoin (BTC) was lower for a third straight day, slipping toward $44,000 after the largest cryptocurrency by market value reached a three-month high of nearly $46,800 earlier this week. âThere just isnât much of an appetite right now for bitcoin...
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