BitMEX co-founder says BTC price may rise if monetary policies tighten
The Federal Reserve has increased its benchmark rate from 0.25% to 5.25% over the past year. BitMEX co-founder believed that bondholders might seek more lucrative “risk assets,” such as Bitcoin.…
Binance US reduces staff by a third, CEO leaves
Binance US has been facing regulatory pressure from the SEC. Binance’s US cryptocurrency market share dropped from more than 22% in April to approximately 0.9% by June 26. Norman Reed,…
What Is Arkham Intelligence and How to Use It?
What Is Arkham Intelligence? Arkham Intelligence is a platform that provides information on the real world entities behind addresses on the blockchain. It uses artificial intelligence to process...
Asset manager Franklin Templeton applies to launch a spot Bitcoin ETF
Franklin Templeton joins other asset management firms like Grayscale that have applied to offer crypto ETFs. The SEC was mandated by the court to evaluate Grayscale’s application to convert its…
Bitget earmarks another $100 million for global expansion
Bitget announced a new $100 million fund it’s calling Empower X on Tuesday. The crypto exchange wants to tap on investment opportunities to diversify its business. Bitget made the announcement…
Mohamed El-Erian: Crypto is more institutionalised and maturing well
Crypto is getting more and more institutionalised and maturing well, says Mohamed El-Erian. The top economist pointed to the flip in sentiment from major players such as BlackRock as good…
Google Cloud becomes default verifier for LayerZero
Google Cloud will be set as default verifier of every message within LayerZero by September 19, 2023. LayerZero is a cross-chain communication protocol developed by $3 billion startup LayerZero Labs.…
Could softer liquidity conditions finally pump Bitcoin?
Key Takeaways The US unemployment rate jumped to 3.8% last month, from 3.5% previously Cooling economic data has strengthened the market’s resolve that interest rate hikes could soon cease Implications…
Shiba Memu presale hits $2.66M, challenging Dogecoin and Shiba Inu dominance
At press time, the Shiba Memu presale had raised $2,664,503.61. The price for one SHMU token was 0.026650 USDT, expecting to rise to 0.026875 USDT after five hours. Shiba Memu…
Betting opportunities on Chancer for PlayStation gamers as September free games leak
Changer allows to create wagers on anything, including bets between friends playing PlayStation games. There has been no response from PlayStation regarding the leak It’s more probable that an official…