Bitcoin
BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading
The development of applications leveraging distributed ledger and blockchain technology continues to advance, the report said. Source link
Year: 2022
Market Analysis
Trust Wallet Token (TWT) Price Pumps, But Will It Hold?
Arguably the most powerful man in crypto has just put his official endorsement on Trust Wallet Token (TWT). And when Binance CEO Changpeng Zhao has something positive to say about an asset these days, good […]
Blockchain
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market – Blockchain Bitcoin News
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in […]
Market Analysis
US-China CBDC Race and Its Implications on Financial Freedom
Central bank digital currency (CBDC) research and development has been a high priority in China, and the United States appears to be following suit. The Federal Reserve of New York and a group of private […]
Regulation
Bank of America Says Crypto Exchanges’ Proof of Reserves Have Too Many Shortcomings
In addition, proof of liabilities is required to determine leverage and the safety of assets, and proof-of-reserve procedures often rely on third-party audit firms that can be manipulated or “may even be created by the […]
Bitcoin
Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023
Stablecoins are tokens backed by an asset, or a basket of assets, and pegged to fiat currency, such as the U.S. dollar. They serve as an entryway to the crypto market for traditional market participants […]
Market Analysis
Double Bottom Leads Relief Rally
The Ripple (XRP) price has created a short-term bullish pattern above an ascending support line. Nevertheless, the long-term trend has yet to be determined. Between June and Aug. 2022, the XRP price bounced several times […]
Market Analysis
FTX Held Just $659,000 in Liquid Assets Contrary to $5.5B Claims
FTX is under more scrutiny after a string of recent developments. Among them is the fact that the exchange holds only $659,000 in less liquid assets. As more information emerges on the state of FTX, […]
Ethereum
Ethereum Sheds A Quarter Of Price As Whales Dump $4-B In ETH
Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According […]
Bitcoin
Grayscale Liquidation Could Unleash A Bitcoin Armageddon
The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto exchange, the discount […]