Bitcoin Hits New High for 2023, Ethereum ETF Application Open for Public Comments, Binance to Phase Out BUSD, and More

Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]

Robinhood Announces Plans to Launch Stock-Exchange App in the UK

Online trading platform Robinhood has announced its plans to launch its stock-exchange application in the United Kingdom as part of its ongoing efforts to expand internationally. The company’s co-founder and CEO, Vladimir Tenev, revealed in an interview with Bloomberg that Robinhood has already opened a waitlist for early access to the app. Tenev stated that […]

dYdX Chain Completes Mainnet Migration and Launches $20 Million Token Rewards Program

The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s commitment to decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD are now available for trading on the platform. The transition to […]

Solana (SOL) Price Slips Below $55 Amidst Market Sell-Off

Solana (SOL), a competitor to Ethereum Layer-1, has seen a decline in price recently, falling below $55 amidst a broader market sell-off. Despite this correction, SOL remains above its 50-day and 200-day exponential moving averages (EMAs), indicating some resilience. The coin is currently valued at approximately $55.61. Analysts suggest that as long as SOL maintains […]

Ripple’s IPO Delayed Amid Fintech Sector Downturn

Ripple’s planned initial public offering (IPO) has been delayed due to the current downturn in the fintech sector. The overall decline in stock values of prominent fintech companies has had a ripple effect on investment decisions across the industry. This market turmoil has also affected the cryptocurrency space, including Ripple and USD Coin (USDC) Circle. […]

CEO of Robotaxi Firm Cruise Resigns After Accident Involving Pedestrian

German energy company Siemens Energy has announced a record profit of 8.5 billion euros after taxes, nearly double the previous year’s figure. This impressive result is attributed to the absence of setbacks experienced in the previous fiscal year, such as the impact of the Ukraine conflict and a write-down on the former subsidiary Siemens Energy. […]

Binance’s $4 Billion Settlement Triggers Massive Crypto Market Losses

The recent events involving Binance, a popular cryptocurrency exchange, and U.S. federal agencies have had a significant impact on the crypto market. Binance has agreed to a $4 billion settlement with the authorities after violating finance-related laws. As a result, the market saw a decline in total market cap, with over $200 million being wiped […]

Airbnb Acquires Start-Up by Co-Founder of Siri for AI Advancements

Siemens Energy, a subsidiary of the German conglomerate Siemens, has secured a guarantee package of 15 billion euros from the German government and private banks. The package includes a 7.5 billion euro guarantee from the government and 12 billion euros in guarantees from private banks. The guarantees will help support Siemens Energy in its operations. […]

Airbnb Acquires Start-Up by Co-Founder of Siri for AI Advancements

Siemens Energy, a subsidiary of the German conglomerate Siemens, has received a guarantee of 7.5 billion euros from the German government. This guarantee is part of a larger package totaling 15 billion euros, which includes guarantees from private banks. The government will only provide the guarantee if other parties involved also contribute their share. In […]

Taiwanese Crypto Exchange Bitgin Under Investigation for Money Laundering

The Spanish regulatory authority is considering investigating cryptocurrency advertisements on platform X, emphasizing the need for businesses to comply with local regulations and take action against unregistered entities promoting investments. In response to proposed tax legislation by the IRS, the Blockchain Association has voiced opposition, stating that it would be challenging for many players in […]