Fidelity Investments’ global macro director Jurrien Timmer warns that two factors could limit Bitcoin’s (BTC) move to the upside for a while. Timmer tells his 167,000 X followers that Bitcoin’s adoption rate, coupled with high interest rates, could keep the king crypto from soaring beyond the $45,000 range in 2023 and most of 2024. The […]
Binance loses another corporate partner as Checkout.com severs ties
London-based credit card payment processor Checkout.com has severed ties with Binance, the world’s largest cryptocurrency exchange, according to a spokesperson. The termination, which came through two letters sent earlier this month, was revealed in a report from Forbes and later confirmed by TechCrunch. Checkout.com, valued at $40 billion as of January 2022, cited concerns stemming […]
Tornado Cash Loses Lawsuit Against US Government
Tornado Cash, a prominent crypto mixing service, has lost its lawsuit against the U.S. government. Last August, the U.S. Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, citing concerns over its potential misuse by cybercriminals and its connection to individuals of special interest to national security. The recent ruling comes after a protracted dispute […]
Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early
Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform.
Bitcoin’s Price Forecast: Tom Lee Predicts $150K Spike if SEC Approves Spot Bitcoin ETF
CNBC’s Tom Lee predicts that Bitcoin could hit between $150k and $180k when a spot Bitcoin ETF application gets approval. According to him, another ETF denial would have a limited effect on the price, however, it may struggle to hit the six-figure range. With widespread anticipation building around the first possible spot Bitcoin Exchange-Traded Fund […]
Is Bitcoin Poised for Another Massive Crash?
Bitcoin’s recent descent below the pivotal 200-day moving average has roused discussions of potential further declines among cryptocurrency enthusiasts
How can stablecoins transform SMEs in developing economies?
Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platform, offers a unified solution to access stablecoin operations and other Web3 services. Small and medium enterprises (SMEs) serve as the backbone of global economic development, comprising 90% of all businesses and accounting for 50% of […]
Binance considers legal action against Checkout.com as partnership ends
Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18. The potential legal dispute arises from letters sent by Checkout.com to Binance on Aug. 9 and Aug. 11. According to a Forbes report, Guillaume Pousaz, CEO of Checkout.com, ended the relationship with Binance […]
Bitcoin Spark Outshines Dogecoin: What This Means for Your Crypto Portfolio
Bitcoin Spark (BTCS) has been the talk amongst crypto investors and enthusiasts in August. Remarkably, many of them suggest that this new crypto outshines Dogecoin (DOGE). Is Dogecoin dead? While Dogecoin (DOGE) may have experienced a significant decline from its peak, it’s too early to declare it dead. The coin is still holding its ground […]
Saying Goodbye to The Airdrop
I have the unfortunate duty of informing you that this is the last edition of . We are enormously grateful to Rosie Perper for leading this project and to various other members of the CoinDesk team who helped pull it together each week. Sadly, after a round of layoffs and cost-cutting at CoinDesk this week, […]