Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s episode of Market Talks. In this week’s episode of Market Talks, Cointelegraph welcomes Mati Greenspan, founder and CEO of Quantum Economics. Greenspan is an experienced financial analyst and a certified consultant who enjoys engaging with his […]

François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. The digital euro holds something in store for every stakeholder, Governor of the Banque de France François Villeroy de Galhau told commercial bankers on June 22. Disintermediation is not in the works, he said […]

News of regulatory enforcement against the crypto sector fell to the wayside as Bitcoin price rallied above $30,000, and options data suggests the trend will continue. Bitcoin’s (BTC) 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down […]

With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain is 0.00012 BTC or $3.54 per transaction. Moreover, since June 18, 2023, average fees on the Bitcoin blockchain have increased by more than 92%, rising from $1.84 to the current […]

Stablecoin and trading firm Stably is temporarily halting numerous services on June 22 as it attempts to find new custodial partners. The company will pause deposits, withdrawals, and buying and selling on its cryptocurrency trading platforms, Stably Ramp and Stably Prime. The company has also stopped onboarding new users to those services. Stably will stop […]

Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust. On June 22,  TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is reportedly facing regulatory challenges.  Following an order from state financial regulators, the Nevada-based Prime Trust reportedly abruptly halted all fiat and […]

Binance, already under regulatory fire in jurisdictions worldwide, is seeing its legal pressures exacerbated in Brazil, where lawmaker Alfredo Gaspar has formally requested that the National Congress compel Guilherme Haddad Nazar, General Manager of Binance Brazil, to appear for questioning. In a formal request addressed to the Parliamentary Commission of Inquiry into Pyramid Schemes, Gaspar […]

CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations. CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander, has received a crypto custody license in France, according to the regulator’s website on June 20.  CACEIS claims to be a European leader in asset servicing, offering services […]

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean. The International Monetary Fund (IMF) has reiterated its calls for crypto regulation across certain countries but said an outright ban may not be the best approach. In a […]

In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable […]