On Wednesday’s earnings call, CEO and President Adena Friedman said that Nasdaq (NDAQ) will not be launching its planned cryptocurrency custody service in the second quarter of this year. The American stock exchange giant said in September 2022 that it was assembling the necessary infrastructure and regulatory permission to launch
Société Générale, one of the major commercial banks in France, has become the first French company to get a crypto license for its crypto division, FORGE. The most recent development is that SG FORGE received its AMF authorization on Tuesday, July 18. As a result, the crypto department may now
The price of Bitcoin (BTC) is consolidating around the $29,000 range while several altcoins remain bullish. In the midst of this, a Bitcoin whale made a speculative move during the day, depositing 4,451 BTC, worth over $133.7 million, to Binance. A whale deposited 4,451 $BTC ($133.7M) to #Binance an hour
US Presidential candidate Robert F. Kennedy Jr. has recently gained attention with his bold Bitcoin-focused policies. Speaking at a Heal-the-Divide PAC event, he stated, “Backing dollars and US debt obligations with hard assets like bitcoin could help… and prosperity.” Kennedy emphasized the potential benefits of his proposal, including restoring strength
Finance Minister Nirmala Sitharaman of India, which is now holding the G20 chair, said on Tuesday that the G20 embraced the recommendations of the Financial Stability Board (FSB) on crypto asset activity and global stablecoin arrangements. After several claims of criminal behavior surfaced during crypto’s recent rocky year. The international
The cryptocurrency Cardano (ADA) has revealed that it extends the unspent transaction output accounting system by adding smart contracts to the Bitcoin UTXO model. The Cardano blockchain helps enhance the Bitcoin blockchain’s accounting model. #Cardano’s extended unspent transaction output accounting system adds smart contracts to Bitcoin’s UTXO model. Learn about the
Binance announced that it had completed the integration of the Bitcoin Lightning Network (LN). The crypto exchange has enabled this layer-2 scaling solution for Bitcoin (BTC) withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now open.
On Twitter, Wyoming Republican Senator Cynthia Lummis emphasized the significance of the latest court judgment by Judge Analisa Torres that the Ripple-associated token XRP is not a security. Senator Lummis tweeted on the verdict and its implications for crypto regulation, stressing their importance. According to her, this judgment shows that
The United States Securities and Exchange Commission (SEC) has accepted the BlackRock spot Bitcoin ETF application and formally initiated the review process for the exchange-traded fund ETF proposal. Further, along with BlackRock’s application, the SEC has revealed its review of other Bitcoin-related funds. Such as Wise Origin Bitcoin Trust, WisdomTree
Bitcoin, the leading cryptocurrency, has experienced significant price volatility, declining by 2.81% to reach $30,350. This sudden BTC price drop in value comes as a surprise to many investors and traders, especially considering the recent positive momentum in the market. The price surge earlier was driven by the optimism generated
