Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Share this […]
Key Takeaways Over $19 billion in leveraged crypto positions were liquidated in 24 hours, marking the largest single-day wipeout in digital asset history. Bitcoin and Ethereum long positions were hardest hit, with over 1.6 million […]
What is Bitcoin mining? Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts (trial and error) […]
Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital […]
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Spot ETF inflows and declining reserves boost Ethereum’s bullish outlook. Jack Ma’s reported ETH reserve adds optimism to market sentiment. $4,400 support and $4,800 resistance are key levels to watch. Despite the current market correction, […]
Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs. Also in the news this week was the $11 billion […]
Bitcoin’s steady climb to a new all-time high this October has revived the familiar question of whether the next breakout could mark the first sustained run to $150,000. The optimism follows a surge in derivatives […]
The collaboration aims to merge NFTs with institutional funds. Sharp’s Solana-based treasury network will enhance cross-chain interactions and capital efficiency. PENGU has gained more than 2% after the announcement. NFT brand Pudgy Penguins has entered […]
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