Quick Take The provided graph showcases Bitcoin’s (BTC) funding rates on various digital asset exchanges, signaling the market sentiment by illustrating a 7-day moving-average annual percentage yield (APY). Noteworthy is KuCoin’s significantly higher funding rate at 22% APY, according to The Block, a positive number that suggests a bullish sentiment. This rate implies long position […]

SafeMoon, once promising, files Chapter 7 bankruptcy amid SEC fraud charges. SEC alleges executives diverted $200 million for personal use; arrests follow. Safemoon (SFM) token value drops 54% post-bankruptcy, market cap plunges from $1B to $17.18M. In a startling turn of events, decentralized finance protocol SafeMoon has filed for Chapter 7 bankruptcy amid a cascade […]

Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets. (Read More)

Metaco now powers Rulematch’s crypto custody needs

London’s Underground becomes canvas for Ripple’s bold marketing move

CoinList settles with OFAC for $1.2 million over transactions for users in Crimea, promising to invest $300,000 in compliance enhancements. (Read More)

Solana (SOL) is closing in on XRP, with the potential to overtake it in market capitalization

Bitcoin and industry pioneers have met with the Prime Minister of Montenegro to discuss how the country can benefit from Bitcoin mining. The nation mulled over the idea of a Bitcoin hydro bond powered by its abundance of rivers and renewable resources. Montenegro Prime Minister Milojko Spajić has met with JAN3 executives Samson Mow, Serbia’s […]

The post Matrixport Report Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval appeared first on Coinpedia Fintech News In a recent report from financial services company Matrixport, Senior Analyst Markus Thielen suggests that Bitcoin could experience significant growth in 2024, even if the spot ETF is not approved.  The report highlights […]

With rising concerns over the possibility of AI replacing humans across numerous sectors, Microsoft teams up with the American Federation of Labor and Congress of Industrial Organizations in addressing this woes while upskilling workers on AI tech trends. […] Read More… The post Microsoft, AFL-CIO address AI’s impact on human labor appeared first on CoinGeek.