Speaking on ‘Mornings with Maria’, Binance CEO Richard Teng described it as “exciting” that countries are starting to accept cryptocurrencies as part of their strategic reserves. Touching on many topics from his trip in Bhutan to new regulations in the US, Teng said that global crypto adoption is accelerating. Speaking about his visit to Bhutan,
Cryptocurrency asset manager Grayscale has released its new benchmark today, structured around its Crypto Sectors framework. The company announced new digital assets it is considering incorporating into its future investment products. Grayscale said the move is part of its vision to offer investors a broader range of cryptocurrencies. In its new list published by the
Coinbase has teamed up with Perplexity AI to bring real-time AI-powered, crypto data to traders, Coinbase co-founder and CEO Brian Armstrong announced on X. In a post on Thursday, Armstrong said the collaboration will undergo a two-phase integration. In the first phase, Perplexity will focus on Coinbase market data, including the COIN50 index, with the
The price of Bitcoin (BTC) stunned the broader digital currency ecosystem after it reclaimed the $111,000 resistance level in the past 24 hours. Alongside the bullish BTC price shift, the top coin has recorded another impressive milestone regarding its on-chain adoption trend. No Bitcoin holder in loss The return to the near-ATH has seen 100%
Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10. Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users
The Bank of Korea (BOK) Governor Lee Chang-yong has expressed concern about the issuance of won-denominated stablecoins by non-bank entities. He shared his concerns during a press conference after the BOK’s Monetary Policy Committee decided to maintain the base interest rate at 2.50%. BOK Governor is worried about future confusion The topic of stablecoins has
With tech stocks soaring and Bitcoin hitting fresh highs, President Trump is renewing pressure on the central bank to ease monetary policy, framing market performance as a sign of economic strength. Bitcoin reached a new all-time high above $112,000 on Wednesday amid increasing global demand for digital assets. The surge also pushed the overall crypto
Bitcoin broke new records last night after a long period. While talk of a rally intensified with the new ATH, veteran analyst Peter Brandt issued a warning to investors. 50-year analyst Peter Brandt claimed that although he expects a long-term rise in Bitcoin, the rise is not yet guaranteed. At this point, Brandt stated that
SkyBridge Capital Founder Anthony Scaramucci frames Bitcoin as a once-in-a-lifetime real estate deal, akin to Peter Minuit’s legendary purchase of Manhattan Island. Speaking in a recent interview, Scaramucci suggested that investors in BTC will encounter risks just like early pioneers of any new asset. In his view, these challenges, which come in the form of
Nansen built tools to track blockchain activity. Now, it’s helping secure one. By validating Caldera’s Metalayer, the analytics leader is putting its reputation and rewards on the line for a more connected modular future. According to a press release shared with crypto.news on July 10, Nansen will operate as a validator on Caldera’s Metalayer, an