The leading six regulators of Australia are analyzing the effect of exclusively-owned stablecoins in the market. Stablecoins are a type of cryptocurrency assets that have their value connected to any traditional asset like fiat currency or gold. Such linkage reduces the chances of volatile trends of rise and fall of their prices, hence the name. […]

The CEO of Pantera Capital, Dan Morehead, is growing more and more enthusiastic about buying Bitcoin and is encouraging crypto investors to invest in the cryptocurrency owing to the favorable downtrend in the market. The price crash that occurred in the Bitcoin market in May 2021 led to a panic-stricken outflow of investors from the […]

Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns. Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory […]

Ledger customers have reported receiving fake replacement devices in the mail, designed to phish private security information. The consequences of Ledger’s major data breach continue to be felt almost a year later. One contributor to the r/ledgerwallet forum on Reddit, writing under the tag “u/jjrand” and self-identified as one of those affected by the breach, has posted images […]

Coinspeaker Banking Institutions Showing Major Interest in Ethereum 2.0 Staking The Ethereum blockchain network is all set to undergo its biggest transition from the existing Proof-of-Work (PoW) to the Proof-of-Stake (PoS) blockchain. As the Ethereum 2.0 developments proceed ahead, banking institutions are also showing interest to run a staking node on the platform. Some firms […]

Coinspeaker World Bank Declines El Salvador’s Request for Support in Bitcoin Implementation The World Bank has yet again declared its stance on Bitcoin, and according to the latest development, the global financier isn’t ready to adopt Bitcoin or any other crypto as a mainstream currency. The bank’s representative was quoted saying that even though the […]

Coinspeaker Dow Jones Leads Losses as Fed Hints at Earlier Interest Rate Hike The Dow Jones Industrial Average (INDEXDJX: .DJI) is leading the major stock market indices losses, shedding 265.66 points atop a 0.77% plunge as the Fed indicated earlier expected interest rate hike to close at 34,033.67. The market experienced a broad sell-off on […]

The advent of the Digital Euro may spark a reduction in cash deposits by 8%, estimated by Morgan Stanley. (Read More)

According to Santiment, an encrypted market data aggregator, approximately 90,000 Bitcoins have been accumulated by Bitcoin whales in the past 25 days. (Read More)

Wise released a statement of its intention to float on the London Stock Exchange earlier today. This direct listing would be a feather in the cap of the UK, which has already expressed a firm desire to become a major hub in this sector.  According to an article on Bloomberg, the listing could value the digital payments […]