Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.
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India negotiates cross-border CBDC payments with global central banks
The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves.
Clarity needed on crypto lending regulations - UK Law Commission
The Law Commission’s recommendations highlights the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.
Clarity needed on crypto lending regulations — UK Law Commission
The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses.
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses.
Bitcoin analysis agrees BTC price may stall at $35K
BTC price will have trouble breaking above $35,000, various analysts warn, as major resistance appears on Binance.
Bitcoin analysis agrees BTC price may stall at $35K
Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts.
In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point for the Bitcoin bull market.
Bitcoin homes in on post-FTX rally peak
With BTC price stagnating around $30,000, concerns are mounting that the majority of its gains have already materialized.
The area between $35,000 and $40,000 is now particularly popular among market participants seeking to catch a local top, and QCP is one of them.
“Tactically (short-term), our favoured trade to play this is selling end-Sep 33k to 35k calls, and using the premiums to buy 30k puts,” it summarized about its plans for H2 trading.
Binance Australia offices reportedly searched by local regulator
Binance said it’s cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.
Binance Australia offices reportedly searched by local regulator
Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.
Darknet bad actors work together to steal your crypto, here’s how — Binance CSO
Crypto hackers have turned their attention towards the crypto user and “security hygiene” is more important than ever, according to Binance’s Jimmy Su.
Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi.
UK government moves forward on bill aimed at empowering authorities to seize crypto
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized.
Bitcoin ETFs: Even worse for crypto than central exchanges
Want some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar.
UK financial watchdog reminds crypto firms of October deadline for marketing compliance
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.
Bitcoin futures premium hits 18-month high — Time to flip bullish?
The Bitcoin futures' premium surge is having traders ask whether this is excitement or a return to the average after a multi-month bear market.
Bitcoin futures premium hits 18-month high — Time to flip bullish?
The Bitcoin (BTC) futures' premium has reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate "excessive excitement" or a "return to the mean" after a prolonged bear market.
BTC price gains capped by regulators, macroeconomics
Bitcoin's price has been trading in a narrow 4.4% range since June 22, oscillating between $29,900 and $31,160 as measured by its daily closing prices. The lack of a clear trend might be uncomfortable to some, but that is a reflection of the opposing drivers currently in play.
For instance, investor sentiment was negatively affected by the historic reversion of the U.S. Treasury yield curve, which reached its highest level on record.
U.S. 10-year / 2-year spread. Source: Real Investment AdviceThe closely monitored inverted spread between the 2-year and 10-year Treasury notes has reached its highest level since 1981, standing at 1.09%. The phenomenon known as yield curve inversion, when shorter-dated Treasury notes trade at higher yields than longer-dated notes, typically precedes economic recessions.
Related: Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Zero Barriers podcast series: Crypto adoption fueled by ZK-rollups
The podcast series is produced in collaboration with Starkware and explores the future of ZK-rollups as an Ethereum layer-2 solution.