North Carolina House Bill 721 has been passed to explore the benefits and implications of holding cryptocurrencies and precious metals in the state treasury. The bill was introduced on Apr. 18, passing the House on Jun. 28 after the third reading, with 73 in favor, 40 against, and seven absent. Section 1 of the bill […]
Prominent Lawyer Debunks Rumors of Secret Plot in SEC vs. Ripple Legal Battle
The post Prominent Lawyer Debunks Rumors of Secret Plot in SEC vs. Ripple Legal Battle appeared first on Coinpedia Fintech News In the midst of ongoing speculation surrounding the SEC vs. Ripple lawsuit, attorney John E. Deaton in his recent broadcast has stepped forward to dispel rumors of a “secret plot” and affirm the authenticity […]
Bitcoin salary: Employees choose crypto paychecks amid economic instability
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives. Political and economic tensions around the world are making some more willing to receive their pay in cryptocurrencies like Bitcoin (BTC), according to executives in the human resources industry. The share of salaries taken in […]
Announcing Kraken’s $100M+, $250M+ and $500M+ volume fee tier trial
Starting Aug. 1, 2023 0:00 a.m. UTC through Sept. 30, 2023 11:59 p.m. UTC,* we will offer the following fee tiers: $100M+: 8 bps taker, 0 bps maker $250M+: 6 bps taker, 0 bps maker $500M+: 4 bps taker, 0 bps maker Who is eligible? All clients who trade over $100M, $250M or $500M in […]
Big expiration awaits tomorrow, roughly $7B in notional value for Bitcoin and Ethereum
Quick Take Tomorrow, June 30, marks a significant day in cryptocurrency options, with a colossal expiry on the horizon. Approximately $4.8 billion worth of Bitcoin and $2.3 billion of Ethereum options are poised to expire. This expiry pertains to nearly 157,000 options contracts, exhibiting a ‘put-to-call ratio’ of 0.56, indicating that more ‘call’ options are […]
Bitcoin correlation to Nasdaq sinks to 3% low in June
Bitcoin’s (BTC) correlation with the Nasdaq sank to 3% in June, according to data from Kaiko – indicating diverging sentiment between cryptocurrencies and tech stocks. The price-performance for the leading cryptocurrency in June was between $24,800 and $31,360, opening the month at $27,200. BlackRock’s spot Bitcoin ETF filing on June 15 was a bullish catalyst, […]
Binance Loses Paysafe as EUR Banking Partner amid Regulatory Concerns
Coinspeaker Binance Loses Paysafe as EUR Banking Partner amid Regulatory Concerns Binance, a leading cryptocurrency exchange, has lost its banking partner Paysafe in Europe. Binance partnered with Paysafe in January 2022 after losing Barclays and Santander as banking partners in 2021. Since then, the exchange has been trying to expand its presence and reach in […]
Tech Startup Nothing Secures $96M Funding for US Expansion Ahead of Phone (2) Launch
Coinspeaker Tech Startup Nothing Secures $96M Funding for US Expansion Ahead of Phone (2) Launch London-based tech startup Nothing has successfully closed its recent fundraising round with $96 million secured from both new and existing partners. The company was founded in 2020 by Carl Pei, the former co-founder of the smartphone maker OnePlus. In an […]
Blockchain Project Worldcoin Taps Okta to Launch World ID
Coinspeaker Blockchain Project Worldcoin Taps Okta to Launch World ID Blockchain identity project Worldcoin has announced a new collaboration with Okta – an identity management software. According to the announcement, the collaboration will help Worldcoin to launch its proposed identity protocol, World ID, in Germany. Worldcoin Floats World ID, Brags About Its Privacy Policy Per […]
H&M Shares Soar 17%, Hits 16-Month High
Coinspeaker H&M Shares Soar 17%, Hits 16-Month High On Thursday, popular fashion retailer H&M saw its shares reach a 16-month high as its Q2 profits exceeded expectations. The multinational clothing company gained 16.74% to reach its highest level since February 2022. At a time when people are spending more on food to survive the increasing […]