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The SEC Chairman called for higher regulatory clarity on the working of crypto exchanges in the US while ensuring investor protection.
Goldman Sachs will allow its clients to access non-deliverable forwards (NDFs) tied to BTC. Note that the derivative product doesn’t deal with physical BTC since all the settlement happens in cash.
The crypto market reactions are based on renewed interest from retail investors that is fueled by the incorporation of digital currencies in payments.
The New York Giants did an evaluation of the crypto space before concluding in collaborating with Grayscale.
Robby Gutmann, CEO of NYDIG, said that banks have shown great interest to incorporate Bitcoin as an asset.
The growth of Dogecoin has already been super impressive, and many proponents expect it to grow further.
Galaxy Digital will be paying BitGo shareholders a whopping $1.2 billion partly in common stock options and partly in cash. The company shall retain all employees of BitGo.
The US stock sell-off might have been compounded by the comments that the interest rates may need to be raised to prevent excessive load on the economy.
Coinbase is estimated to facilitate payments of up to 8-figures on Sotheby’s website during the auction period.
PayPal may likely collaborate with an existing stablecoin company instead of creating “something themselves”.
According to Lannone, parts of NFTs were “already transacting” on eBay, but the e-commerce company is yet to simplify the process for merchants and customers.
Crypto exchange OKEx was the first to announce the listing of Chia Coin (XCH) on its network. XCH is now available on OKEx on its spot trading market.
The spike in Ethereum price rejuvenated the cryptocurrency bulls after the entire market consolidated for around two weeks.
The alleged plans by Revolut to enable Bitcoin withdrawals may serve as a reference point for other firms to trail the same path.
The overall value of the crypto market makes it $100 billion more valuable than Apple. The $1.1 trillion value of Bitcoin puts it ahead of the likes of other heavyweight companies including Tesla and Facebook.