Author: Steven Soto

The first day of the 2023 conference in Miami Beach was different from previous years, with less excitement and empty seats. According to the website for the event, the conference dedicated to crypto’s dominant coin attracted about 35,000 people in 2018. Speakers included NFL quarterback Aaron Rodgers, and tennis legend Serena Williams. Attendance has been affected by […]

According to a announcement by LCH SA, the clearing house of LSE, a division will clear bitcoin index options and futures contracts. The contracts, which are subject to regulatory approval and will be part of the newly created segregated clearance service called LCH Digital asset Clear, will come from GF-X. The GFOX/Coin Metrics Bitcoin Reference rate (GCBRR) is used […]

Bitcoin, the largest cryptocurrency by market capital, has risen to 40% since the collapses of several highly-regarded global financial institutions. After the fall of Silicon Valley Bank, First Republic Bank and Silvergate, investors’ distrust in the banking sector led to cryptocurrency surpassing $28,000 for the first time since June 2022. The CoinDCX Research Team has […]

El Salvador has lost millions of taxpayer dollars due to its failed attempt to embrace cryptocurrency. Now, it says it will open a “bitcoin embassy” in Texas. Despite last year’s cryptocurrency winter, and surveys that showed the overwhelming majority of its citizens had never used bitcoin, the Central American country continues to support bitcoin. Milena Mayorga is […]

Samsung Asset Management launches a bitcoin exchange-traded funds (ETFs) in Hong Kong. According to a Fortune Korea report, the Samsung Bitcoin Futures Active ETF (313:HK) aims to achieve a similar performance to spot BTC through investing in bitcoin futures products on the Chicago Mercantile Exchange. Cointelegraph reported the news on Thursday as well. “Samsung Bitcoin Futures […]

According to Reuters, two ETFs tracking cryptocurrency futures raised $73.6 million in total before their debut on Hong Kong’s stock exchange on Friday. The larger one raised $53.9 million. According to Reuters, the launch was in direct contravention of ongoing turmoil in the sector. The funds are offered by CSOP Asset Management and invest in bitcoin ( Bitcoin) and […]

Russia and Cuba have been discussing the possibility of using cryptocurrencies and Russian rubles to enhance bilateral cooperation, despite the sanctions that were imposed against both countries. Boris Titov (commissioner for entrepreneurs’ rights under Russian President), made the announcement. The 38th edition of Havana International Fair saw Russia’s business ombudsman arrive in Cuba. According to Titov, ‘All […]

Binance, the largest crypto exchange in the world by daily trading volume has announced that it will provide financial support for companies involved with the extraction of cryptocurrency. The platform’s mining pool recently revealed the lending project. As part of the efforts to boost the mining industry, the program will assist bitcoin mining and infrastructure providers. Binance […]

Opennode, a bitcoin payment infrastructure company has stated that it plans to test a bitcoin payment processing solution and pay outs solution through the Central Bank of Bahrain’s regulatory sandbox. Opennode, a bitcoin payment infrastructure company, stated that it will provide the infrastructure necessary to help Bahrain grow its economy and show why Bitcoin is synonymous […]

U.S. authorities are warning about a cryptocurrency scam known as “pig butchering” that is growing in popularity at alarming rates. Lakewood Police Public Information Officer John Romero detailed: Pig butchering is basically when a farmer fattens up the pig before slaughtering it. In this instance, the suspect was fattening their victim. According to the police officer, […]