Articles filed under

Cryptocurrencies

1093 articles

March 2023

The future of digital transformation

From traditional finance to digital transformation – how can both learn from each other?

Bitcoin passes US$28,000, Binance accused of hiding Chinese links

Welcome to The Daily Forkast – March 30, 2023 – presented by Joel Flynn for the latest in the crypto markets. Bitcoin once again passes the US$28,000 mark, with the wider crypto market also seeing gains over the last 24 hours. Binance has been accused of hiding extensive links to China for years after claiming […]

Crypto exchange Fasset hopes to win Indonesia license next month

Dubai-based Fasset says Indonesia digital asset adoption is still in early stages, but the country’s young population is taking to crypto faster, encouraging exchanges to move in despite infrastructure constraints.

Binance faces legal battle as US regulator gets ready to rumble

Top blockchain and crypto news: Binance targeted in CFTC lawsuit. Law catches up with Do Kwon. Chinese banks bet on Hong Kong crypto.

Bitcoin holds ground, XRP continues run-up

Welcome to The Daily Forkast – March 29, 2023 – presented by Joel Flynn. Prices of Bitcoin and other cryptocurrencies remain steady Wednesday morning in Asia. While XRP continues to gain on expectations that Ripple Labs may win a favorable ruling in a lawsuit filed by the US Securities and Exchange Commission.

What impact will Ethereum’s Shanghai upgrade have on ETH and crypto markets?

Despite the potential sell pressures after Ethereum’s upcoming hard fork, it’s more likely that ETH stakers will hold for the longer term, writes Bill Xing of Bybit.

Weekly Market Wrap: Bitcoin hovers around US$28,000 as banking concerns return. Will it hit US$30,000?

As banking contagion worries reignited, Bitcoin traded firmly above US$28,000 for most of the week. Considering that Bitcoin was made for a potential banking crisis, industry experts are eyeing the US$30,000 mark for BTC.

Cryptocurrencies bounce back despite fed rate hike

Most cryptocurrencies saw a huge increase in price over the past week.

Bitcoin breaks above US$28,000 as Do Kwon detained in Montenegro

Welcome to The Daily Forkast – March 24, 2023 – presented by Joel Flynn for the latest in the crypto markets. Most major cryptocurrencies have seen a increase in their prices amid the Federal Reserve’s decision to raise the Fed rate by another 25-basis points. Terra Luna founder Do Kwon has been arrested by Montenegrin […]

Death and crypto taxes: Which one inspires greater dread?

Filing taxes on crypto assets is a ‘massive pain in the proverbial butt,’ writes Don Gossen of Nevermined. As IRS deadlines loom large, how can responsible investors avoid underreporting or overpaying?

Bitcoin, other cryptos drop as Fed raises interest rates

The Fed’s decision to hike rates by 25 basis points was along expected lines. So, why are the markets sulking?

Bitcoin buoyed as bank busts spook investors

Top blockchain and crypto news: Banking woes boost Bitcoin. Arbitrum counts down to launch. Chinese billionaire faces US crypto scam charges.

Crypto needs to look abroad as US exchanges go unbanked

The fall of Silvergate, SVB and Signature has left crypto firms scrambling for new banks. Will crypto banking head offshore for the long term?

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

As the U.S. banking system stared into the pit of bank runs and collapsing share prices, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?

Another Crazy Week For Bitcoin

Bitcoin and other cryptocurrencies bounce back after a turbulent week for banks in the US and Switzerland.

Who should be held responsible for the Silvergate Bank and SVB crises?

As bank after bank topples, fingers are pointing everywhere. But crypto is not to be blamed for this unfolding crisis, writes Winston Hsiao of XREX.

Thailand Turns to Crypto

Thailand’s recent crypto tax waiver announcement could be a gamechanger in boosting Thailand’s economy.

What the crypto industry should do to rebuild public trust

Many crypto users see losses as the cost of doing business. In fact, we can and must improve the sector’s deficiencies, writes Pelle Brændgaard of Notabene.

Circle’s USDC bounces back after Silicon Valley Bank bust

Top blockchain and crypto news: USDC stabilizes after SVB collapse. Silvergate closes shop. China tightens financial supervision.

India imposes money laundering regulations on crypto industry

India’s crime fighting agencies have been investigating crypto exchanges and individuals on money laundering charges and have now put the onus on exchanges to report suspicious transactions.

Circle’s Disparte speaks on de-risking crypto from banking risks

The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte.

A crisis of value?

Why the banking collapse could save NFTs.

Banks are bringing systemic risks to crypto, says Circle’s Disparte

The recent U.S. bank failures are proof that the banking system is introducing systemic risks to the crypto industry, not vice versa, says Circle chief strategy officer Dante Disparte.

FastForkast headlines

Bitcoin rises; Ether, other top 10 cryptos fall amid fresh Binance allegations

Montenegro hints U.S. may get to extradite Terra fugitive Do Kwon ahead of South Korea

Bitcoin climbs above US$28,000, XRP leads winners for the week, U.S. equities jump

Russia delays CBDC pilot to await new law

EU lawmakers impose €1,000 cap on anonymous crypto, cash transactions

Bitcoin rebounds above US$28,000, XRP leads gains among top 10 cryptos

Binance sees US$627 mln in net Ethereum outflow following CFTC lawsuit

Bitcoin holds ground amid Binance lawsuit, XRP continues run up, U.S. equities dip

Asia leads crypto regulations, innovation may leave the US, says Ripple’s Long

Bitcoin, Ether extend declines amid U.S. lawsuit against Binance; Asian equities mixed

Montenegro to hold Terra-Luna fugitive Do Kwon for 30 days, says Yonhap News

Bitcoin, other crypto fall as U.S. sues Binance; U.S. equities gain as banks stabilize

MicroStrategy buys 6,555 Bitcoin worth US$150 mln

Bitcoin rises, most top 10 cryptos drop, amid mixed signals on state of banking sector

Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise

Bitcoin, Ether, Forkast 500 NFT index rise; gold nears year-high over banking sector concerns

Bitcoin rebounds above US$28,000 as equities gain in U.S. on Treasury easing bank worries

South Korea confirms identity of man arrested in Europe as Terra-Luna fugitive Do Kwon, seeks extradition

Bitcoin, Ether, Forkast 500 NFT index fall, gold rises, as Janet Yellen rules out broad bank deposit insurance

Bitcoin tracks equities lower on downbeat Fed, Treasury comments on banks

Bitget invests US$30 mln in BitKeep wallet, becomes controlling shareholder

Magic Eden introduces Bitcoin Ordinals for NFT traders

Bitcoin rises above US$28,000; XRP biggest gainer in top 10 cryptos

Texas legislature introduces bill to attract Bitcoin-related businesses, protect interests of same

Bitcoin moves above US$28,000, Ether gains, XRP surges, U.S. equities rally

Bitcoin Fear & Greed index rises to 16-month high as investors seek safe-haven assets

Bitcoin, Ether extend losses; all eyes on U.S. interest rates

Terraform Labs founder Daniel Shin again questioned by South Korea prosecutors over stablecoin collapse

Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates

Singapore to publish crypto, stablecoin consultation feedback by mid-2023

Bitcoin rises past US$28,000, most other top 10 cryptos gain

Singapore-based Crypto.com gets preparatory license to expand services in Dubai

Bitcoin leads crypto rally as central banks promise liquidity to stem rising bank risk

Bitcoin, Ether rise; relief for investors as major banks get liquidity lifeline

Enterprise software giant Salesforce partners with Polygon for NFT-based loyalty programs

Bitcoin, Ether, other crypto gain with equities amid global fund injections to support banks

India, UAE to collaborate on cross-border central bank digital currencies

Bitcoin, Ether, Forkast 500 NFT index fall; euros rises amid Credit Suisse’s loan

Ripple executives say XRP lawsuit ruling will have little impact on global business operations

South Korea cranks up pressure to extradite Do Kwon, founder of failed Terra-Luna stablecoin

Bitcoin, Ether drop, other top cryptocurrencies retreat as bank liquidity concerns rise

Web3 crowdfunding launchpad Poolz Finance hacked for US$390,000 on BSC, Polygon

Bitcoin, Ether, Forkast 500 NFT index extend gains; U.S. banking crisis concerns ease as inflation slows to 6%

Anchorage Digital lays off 20% of staff amid low NFT demand, says bank unit not affected

Bitcoin, Ether continue run up; Solana, Dogecoin lead gainers; U.S. equities rebound

Bitcoin breaks US$26,000 as inflation cools in February

Bitcoin, Ether extend gains as U.S. regulators take charge of banking industry turmoil

FBI investigating the collapse of Do Kwon’s Terra-Luna, WSJ reports

Bitcoin jumps above US$24,000, leading crypto gains as U.S. acts to backstop banks