Crypto frenzy may be winding down, Visa CFO says

Cryptocurrency markets have experienced unique growth this year, causing losses to third parties such as Visa. However, according to senior management of the company, this figure may already start...

GBTC premium matches Bitcoin price crash levels as unlocking fear fades

Grayscale Bitcoin Trust (GBTC) follows the bullish trend in Bitcoin (BTC) as the spot price premium rose to its highest level since May. Data from analyst source Bybt shows that...

China’s crackdown signals an oncoming crypto ban, Bobby Lee says

Bitcoin (BTC) hardliners and ballet director Bobby Lee recently discussed the implications of China's ongoing harassment of cryptocurrencies. Despite government support for the digital yuan, Li noted that Beijing...

Countries representing over 90% of global GDP are exploring CBDCs

The search for understanding the opportunities and challenges the digital currency, or CBDC, faces in 81 countries, with five countries fully adopting a digital version of their currency, according...

DeFi industry draws in commercial banks? Siam bets with $110M fund

While serious institutional interest in cryptocurrencies may have become an established trend rather than a narrative, big money players tend to focus on Bitcoin (BTC). However, assets such as...

Nigeria to pilot central bank digital currency in October

For much of 2021, the Central Bank of Nigeria (CBN) has made headlines about its measures to tackle cryptocurrency. This week, however, the institution doubled its investment and research...

Crypto mining firm Argo Blockchain files for US IPO

Argo Blockchain, a British listed cryptocurrency mining company, has started the application process for a first IPO in the United States. According to a draft confidential statement submitted Tuesday to...

Bitcoin rebounds to $31.6K, but warnings of another BTC price plunge are everywhere

Bitcoin (BTC) continued its jump from its 2021 opening price on Wednesday and reached $31,600, which, according to some concerns, is just a temporary delay on the downside. 1 hour...

Polygon launches blockchain gaming and NFT studio

Ethereum (ETH) infrastructure developer Polygon shared a new subsidiary to intensify work on blockchain games and non-fungible tokens, or NFTs, and provide more information on the company's long-term growth...

Chinese artist showcases NFT real estate at Alibaba-sponsored innovation festival

This year's Taobao Maker Festival, an annual event dedicated to Chinese arts and entrepreneurship hosted by Alibaba's e-commerce platform Taobao, will showcase non-fungible (NFT) tokens for the first time. This...