Crypto exchanges diversify amid growing competition
As non-crypto players like Twitter and PayPal take up digital assets, Coinbase, Binance and others look for ways to expand offerings.
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China to ‘outdate’ crypto mining industry with more restrictions
The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.
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Bitcoin price poised to retest all-time high
Crypto market watchers tell Forkast.News what’s behind Bitcoin’s latest resurgence and predict Bitcoin’s price heading into Q4 2021.
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Postal Savings Bank of China tapped for development role in digital yuan payments
The Postal Savings Bank of China has become one of the appointed research and development institutions for the electronic Chinese yuan (e-CNY), allowing the bank to hold a first-mover advantage in the competition for position in China’s electronic payments market, its owner, the state-owned China Post Group, said in an article. Fast facts The bank…
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Altcoin Stacks STX price surges 70% as crypto market slumps
While most of the market was down around 5% coming into the Asia trading day this morning, altcoin Stacks was up over 70% in 24 hours on Sunday night, according to data from CoinMarketCap, hitting a high of US$2.45 — the highest point the token had reached since the market-wide crash in May. The price has fallen…
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A look at how global stablecoin regulations are evolving
As international regulators seek to implement oversight, crypto industry players say it is a positive sign that regulators are now considering including stablecoins in banking regulations.
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Cryptocurrency now on the table for Aussie homebuyers
Australians are now able to buy a house using cryptocurrency, as Lloyds Auctions Australia has announced it is accepting Bitcoin for purchases of real estate in online auctions, according to a press release shared with Forkast.News. Fast facts While Covid lockdowns impacted how in-person real estate auctions could take place in Australia, Lloyds began looking…
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NFTs and the music industry: Flatten the learning curve | Part 3
Singers and musicians are embracing non-fungible tokens, but will their non-crypto active fans buy it?
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SEC approves next best thing to a Bitcoin ETF in the U.S.
Editor’s Note On October 8, 2021, a Forkast.News article was published with the inaccurate SEO headline “Bitcoin Futures ETF Approved By SEC.” One of our readers rightfully identified this mistake. We have made the correction, and we apologize. Serving the community is our top priority, and Forkast.News would like to thank @scottmelker for bringing it…
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Crypto exchange Binance looks to Ireland for regional HQ
Binance — the largest cryptocurrency exchange in the world — is looking at setting up regional headquarters in Ireland, according to Reuters. Fast facts “Historically, we claim that we don’t have headquarters. We are actually just in the process of establishing a few headquarters in different parts of the world,” Binance CEO Changpeng Zhao told…