Ad Digital asset investment products saw minor outflows totaling $17 million from Feb. 27 to March 3, which marks the fourth consecutive week of outflows, according to CoinShares data. “Volumes across investment products were low at $844 million for the week,” the report cites, as regional sentiments start to change. Last week, the U.S. recorded…
Ad The Bank for International Settlements (BIS) has successfully completed a pilot retail central bank digital currency (CBDC) pilot called Project Icebreaker, according to a March 6 press release. The BIS Innovation Hub Nordic Centre conducted the project in collaboration with the central banks of Israel, Norway, and Sweden. The regulator said unlike domestic payments…
Ad Crypto exchange Kraken has plans to launch its bank, The Blocks reported March 6. According to the report, the crypto firm continues its plans despite the recent regulatory issues plaguing the industry. Kraken’s chief legal officer Marco Santori said: “Kraken Bank is very much on track to launch, very soon. We’re going to have…
Ad Crypto exchange platform Robinhood‘s wallet application launched on the iOS application store on Mar. 1, according to the announcement published on the Robinhood blog. The announcement states that the users can earn a one-time reward of up to 5 USD Coin (USDC) if they transfer $10 to the wallet app using their Robinhood Crypto…
Coinbase Exchange Company in North America Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. More about Coinbase Info Twitter LinkedIn
Ad Eighteen projects scheduled their unlocks to take place in March, which will release about $650 million worth of tokens into circulation, according to Token Unlocks data. Of these 18, six projects will unlock their tokens on the first day of the month. Over $224.7 million worth of assets will be released into the market…
Ad Visa’s head of crypto Cuy Sheffield described Reuters’ report that the payment giant was pausing its crypto endeavors as “inaccurate.” In a Feb. 28 Twitter thread, Sheffield said the company has continued to partner with crypto companies to build new products. He said: “We continue to partner with crypto companies to improve fiat on…
Ad Former FTX executive Nishad Singh has agreed to plead guilty to six U.S. criminal charges brought against him in the case against the collapsed exchange, Reuters reported Feb. 28. The charges are one count of wire fraud, three counts of conspiracy to commit fraud, one count of conspiracy to commit money laundering and one…
Ad Bitcoin and other risk-on assets are under short-term pressure as the macro narrative flips from recession to sticky, entrenched inflation. Sticky inflation Markets are braced for an imminent recession. However, current macro analysis suggests a recession may not be coming, at least not in the short term. Instead, analysts expect a period of sticky,…
Coinbase Exchange Company in North America Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. More about Coinbase Info Twitter LinkedIn