Digital Financial News
07.11 / 03:19
FIVE
Digital
CEO
‘Criminal felony statute’ in U.S. infrastructure bill could ‘freeze healthy crypto behavior’
The U.S. House of Representatives has passed the $1 trillion infrastructure bill, which has divided policymakers and industry stakeholders across the country. What’s left now is for President Biden to sign it into law.
07.11 / 01:33
Digital
SEC
Action
coinbase
Who is responsible for regulating America’s ‘infant’ crypto industry
In a recent interview with Bloomberg, U.S. Securities and Exchange Commissioner Hester Peirce discussed the heated regulatory environment in the country. Peirce, who is affectionately referred to as “Crypto Mom,” said that the crypto market is in its early stages,
06.11 / 18:31
Blockchain
cryptocurrency
Digital
NFT
Future
More Indians join NFT gold rush; experts warn of legal pitfalls, uncertain future
“In the last 3-4 months, I have invested in a minimum of 4-5 NFTs (non-fungible tokens). One of them being hashtags, #. I blocked a few #s like #car, #fashion and so if anyone uses these tags online, each time I earn something in a cryptocurrency,” said Maeraj Shaikh, a Mumbai-based architect and crypto educator. When he bought these hashtags, it cost him $200. They are now worth $350.
06.11 / 17:19
UPS
Digital
Assessing the chances of Uniswap, Sushiswap getting on board the bullish train
Amidst market pumps and corrections over the past month, a particular set of coins have dropped down the pecking order. Uni, Sushi, Cake, all these assets other assets having food ticker titles, have slid down the crypto rankings in the market.
06.11 / 15:19
BTC
Digital
WBTC
Bitcoin
Does this impact Bitcoin’s intrinsic value and should retail investors be concerned
As one of the best-performing assets in the world, Bitcoin brings in a lot of attention for its investors. Its transparent model doesn’t help as every single transaction is recorded on a public ledger. Hence, it is easier to determine the whale addresses, holding an enormous amount of the digital assets.
06.11 / 13:35
Blockchain
Digital
Platform
Bitcoin
reports
Q3
CoinShares reports stellar Q3 on the back of larger crypto market strength
CoinShares Group announced the third-quarter interim results for 2021. And for the first time, the company claimed to have achieved such a strong Q3.
06.11 / 11:35
Digital
ETF
CEO
As Australia sees record-breaking ETF launches, these CEOs recommend a cautious approach
The launch of Australia’s first crypto-focused ETFs this week was met with great fervor and excitement. Both ETFs managed to have record-breaking early trading numbers. In fact, the latest Beta Shares’ ASX-listed ‘CRYP’ ETF raked in over $42 million within the first day. It surpassed all previous launches on the exchange.
06.11 / 00:23
Digital
Action
BTS
South Korea FSC reiterates stance on non-regulation of NFTs
South Korea’s Financial Services Commission (FSC) is currently trending in the news after reiterating that non-fungible tokens (NFT) will not be regulated since these are not virtual assets. In spite of regulatory ambiguity, the NFT marketplace in South Korea has boomed over the years.
05.11 / 19:29
BTC
Digital
CEO
Bitcoin
Square Bitcoin revenue, profit ‘may fluctuate’ due to ‘customer demand, market price’
Amid a flurry of companies reporting positive outcomes from their Bitcoin investments during the third quarter, digital payments giant Square has also reported $1.81 billion in Bitcoin-generated revenue during this time. The company has also expressed an interest in expanding its investments and presence in the digital asset industry in its Q3 earnings report.
05.11 / 19:29
Digital
ANZ
Australia: Following in CBA’s footsteps, ANZ bank might join cryto party
Many of Australia’s top financial institutions had not engaged with the cryptocurrency sector until recently, despite its huge growth in the past year. It keep pace with the growth in the digital asset economy, which covers crypto exchanges, blockchain-based security tokens, and non-fungible tokens, or NFTs.
05.11 / 17:29
Digital
Action
Bitcoin
Shiba Inu, Bitcoin Cash, The Sandbox Price Analysis: 5 November
Cryptocurrency prices gave mixed signals in the last 24 hours. Shiba Inu flashed bearish signs over the past week as showcased by its near-term technicals over the last day. BCH showed signs of revival as indicators slightly favored the bulls. Further, the Sandbox hit its ATH and may look at a possible correction.
05.11 / 16:33
Ethereum
Digital
ETF
Bitcoin
spot bitcoin
Australia Approves Long-Awaited Spot Bitcoin ETF
After months of industry consultation, Australia's securities watchdog, the Australian Securities and Investments Commission (ASIC), has given the green light to long awaited spot exchange-traded funds (ETFs) in the world's two largest cryptocurrencies, Bitcoin and Ethereum.
05.11 / 15:35
UPS
Provident
Digital
Aware
pension
Social security: Pension cover extension to 38 cr workers on the cards
To bridge the disparity between higher life-expectancy and lack of income support in the old age, the government is considering launching a mission to provide credible retirement benefit cover to nearly 38 crore hitherto uncovered workforce in the country.
05.11 / 13:41
Blockchain
Digital
Deloitte
Deloitte: 64% of young collectors are interested in NFTs
Here are some key data points from the report:
05.11 / 12:05
Provident
Digital
Platform
Forbes
FC Barcelona Partners With Ownix to Create NFTs
FC Barcelona will start auctioning off Non Fungible Tokens (NFTs) based on photos videos featuring iconic moments from the club’s history.
05.11 / 00:28
04.11 / 23:17
COST
Digital
Ripple
Report claims ‘full-scale mCBDC networks’ could save $100B per year
Many powerful stakeholders are desperate to cut down on costly cross-border remittance fees. In this context, the IMF had noted that more than 100 countries are reportedly looking into CBDC development. Of late, several central banks have been working together to achieve the same.
04.11 / 17:19
Digital
Mobile
Interface
Bitcoin
India’s Paytm might have Bitcoin plans, but here’s the caveat
India, one of the world’s most populated countries, is home to a huge number of cryptocurrency investors. Just recently, investments in these tokens crossed the $10 billion mark. Needless to say, crypto-money regulations, set to be implemented by around February 2022, are expected to affect the entire ecosystem.
04.11 / 12:27
Blockchain
Provident
Digital
Bitcoin
HK
week
HK FinTech Week: Understanding Misconceptions on Cryptocurrency
In Hong Kong, the FinTech Week 2021, which launched on November 1, hosted a seminar on misconceptions about cryptocurrencies titled «Crypto in 2021: Misconceptions, Lessons & Opportunities Ahead» on Wednesday, November 3.
04.11 / 12:23
Blockchain
UPS
Digital
Action
DeFi — the ‘Wild West’ of crypto — is next on regulators’ hit list
The fast-growing decentralized finance industry could be about to get a rude awakening.
04.11 / 11:01
cryptocurrency
Digital
Paytm
Bitcoin
Paytm May Consider Bitcoin Offerings If Government Legalises Crypto
Paytm is preparing for public subscriptions to its Rs 18,300 crore IPO.
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