Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,
Chainlink (LINK) re-enters the Bitwise 10 Large Cap Crypto Index and the Bitwise 10 ex Bitcoin Large Cap Crypto Index; Balancer (BAL) enters the Bitwise Decentralized Finance Crypto Index SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly reconstitution of
DUBLIN–(BUSINESS WIRE)–The “United States NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. NFT industry in United States is expected to grow by 49.5% on an annual basis to
TP ICAP, the world’s largest interdealer-broker, has licensed as a digital asset provider with the UK’s Financial Services Authority in an attempt to enter into the crypto world through its Fusion Digital Assets platform. The company, a giant in the spot market for traditional finance (TradFi), is partnering alongside custodian
DUBLIN–(BUSINESS WIRE)–The “South Korea NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. NFT industry in South Korea is expected to grow by 47.3% on an annual basis to
DUBLIN–(BUSINESS WIRE)–The “Global NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. Global NFT industry is expected to grow by 51.0% on an annual basis to reach US$46157.4 million
Adding to the recent measures taken by Portugal, another European nation plans to increase crypto trading taxes. Italy’s proposed budget for 2023 includes a measure that would impose a whopping 26% tax on crypto-related capital gains. This tax bracket, however, kicks in whenever crypto revenues are above €2,000 (approx $2,062).
Casa, a business that provides security services for Bitcoin, stated on Wednesday that it will soon begin offering the same solutions for Ethereum and assets built on top of it. According to a statement released by Casa, the firm will begin rolling out Ethereum compatibility to users in January. Casa
Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens™ report says STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new
The Kraken crypto exchange stated today that they had slashed their personnel by 30%. The decision was called one of the toughest choices at Kraken to date in an official blog post by the exchange. As a result, 1,100 individuals lost their jobs “in order to adapt to current market
