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Search Results for: Cryptocurrency

Bakkt to Participate in the J.P. Morgan Global Technology, Media and Communications Conference

ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will participate in the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 24, 2023. Gavin Michael President and Chief Executive Officer will participate in a fireside chat beginning at 10:40 AM ET. Interested parties

May 17, 2023 1 min read

IOVLabs Introduces $2.5M Grant Program and Scaling Bitcoin Hackathon

IOVLabs, a prominent leader in the blockchain technology space, has launched a $2.5 million strategic grants program to promote the growth and use of Rootstock, the first Bitcoin sidechain and a burgeoning center of DeFi activity on the Bitcoin network. The program was unveiled today at the first-ever Bitcoin Builders Conference in Miami,

May 17, 2023 4 mins read

Binance to Support Terra Classic Major Upgrade, Will It Impact LUNC Price?

Binance, the world’s largest cryptocurrency exchange, will support the “Terra Classic (LUNC) V2.0.1” network upgrade. As the cryptocurrency exchange will halt deposits and withdrawals of LUNC and USTC. According to an official announcement on May 17, Binance would support the Terra Classic V2.0.1 network upgrade. That is scheduled to take

May 17, 2023 2 mins read

Leading Enterprise Crypto Company Ripple Acquires Custody Provider Metaco for $250M

With this seminal acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 LONDON & LAUSANNE, Switzerland–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying into

May 17, 2023 4 mins read

Coinbase Eyes Singapore as Part of Global Expansion Strategy

Since the SEC denied the need for clarification on crypto regulations in a court filing on Monday, the cryptocurrency exchange Coinbase has shifted its focus to Singapore. Due to the ambiguity of cryptocurrency laws in the United States, Coinbase CEO Brian Armstrong is contemplating relocating the company’s headquarters to the

May 17, 2023 1 min read

FDIC Chairman Blames Crypto for Recent Bank Failures in the U.S

Poor management and a lack of liquidity were found to be major factors in the demise of Signature Bank. FDIC chairman Martin Gruenberg, on the other hand, thinks the bank should have known better about the dangers involved with cryptocurrencies or it would not have fallen so quickly. Gruenberg brought

May 17, 2023 1 min read

UK Committee Proposes Gambling Regulations for Retail Crypto Trading

For retail investors, unbacked cryptocurrencies like Bitcoin (BTC) should be considered as gambling, according to a new recommendation by a UK regulatory group. The Treasury Select Committee, a cross-party committee made up of members of Parliament, “strongly recommended” this approach for the trading of digital assets in a report released

May 17, 2023 2 mins read

Will Tezos (XTZ) Hit $2 This Week?

Aside from Stablecoins, Bitcoin (BTC), and Ethereum (ETH), other cryptocurrencies are also performing well in the market. Also, crypto investors are already paying attention to alternative currencies, some of which have the possibility of being the next big thing in the crypto industry. Top amongst these cryptocurrencies, Tezos (XTZ) in

May 17, 2023 2 mins read

Libertex Adds Cutting-Edge Crypto Arbitrum to Its CFD Trading Platform

LIMASSOL, Cyprus–(BUSINESS WIRE)–#TradeForMore–Libertex, the online trading platform for retail and professional traders, has just launched an exciting new underlying asset that grants traders a superb opportunity to trade the future of cryptocurrency – Arbitrum CFDs. About Arbitrum Arbitrum is a layer-2 scaling solution for Ethereum that runs its own blockchain.

May 17, 2023 4 mins read

Ripple’s XRP Price Jumps Over 8% As SEC Faces Rejection

Ripple received a favorable ruling in court on Tuesday as a judge rejected the Securities and Exchange Commission’s request to keep documents related to a contentious cryptocurrency speech confidential.  The speech by former SEC official William Hinman on June 14, 2018, is a key document in the enduring legal battle

May 17, 2023 1 min read