Deutsche Bank eyes investment in 2 German crypto firms: report
German bank Deutsche Bank AG is said to be negotiating minority stakes in Deutsche Digital Assets and Tradias. A Bloomberg report on Wednesday claimed the deals are being led by…
Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report
Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above…
Binance to suspend USD deposits and withdrawals: report
Binance is reportedly set to suspend all US dollar (USD) deposits and withdrawals. According to a crypto news report on the matter, the suspension starts on 8 February 2023. Binance…
Bitcoin slips amid market reaction to US jobs report
Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data.…
Report: Bitcoin trading at $38,000 in Nigeria, as Africa’s biggest economy in turmoil
Key Takeaways Bitcoin is trading at $38,000 in Nigeria, a premium of 66% The Nigerian central bank has implemented ATM withdrawal limits of $43 per day in push towards a…
Moody’s is building a scoring system for stablecoins: report
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention. The system will provide an rating system for the top stablecoins based on…
Institutional investors are increasingly bullish on Ethereum: report
60% of respondents are convinced Ethereum will a better investment in 2023. Bitcoin is also seen as one with huge potential, while other coins attracting institutional investors are Polkadot, Cardano…
OKX publishes proof-of-reserves report, has assets worth $7.5B
According to the proof-of-reserves report, OKX’s reserves have a total of $7.5 billion in assets. The assets are spread between bitcoin (BTC), USDT, and Ether (ETH). This is the third…
Genesis could file for bankruptcy this week: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg report, Genesis is likely to…
Iran and Russia are working on gold-backed stablecoin: report
Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone. The stablecoin will be backed by gold, according to local Russian…