Month: January 2023

• Ripple is actively working on Central Bank Digital Currencies (CBDCs) and is participating in a webinar on the potential use cases and benefits of a digital pound in the UK. • The panel is hosted by the Digital Pound Foundation which Ripple joined in October 2021. • James Wallis,…

• According to a new Souq Analyst survey, approximately 65,000 people in Oman possess bitcoin and other forms of cryptocurrency. • The study showed that 98% of Oman’s adult population has heard of cryptocurrencies, indicating a high level of crypto-awareness. • Bitcoin is the most popular cryptocurrency among Oman’s crypto…

• Samsung Asset Management has received approval to list its Bitcoin Futures ETF on the Hong Kong Stock Exchange on January 13th. • Most of the Bitcoin Futures ETF investments will be in CME Bitcoin Futures and some will be in CME Micro-Bitcoin Futures. • The government of Hong Kong…

• Binance, a crypto exchange, has announced that it will be increasing its workforce by 15-30% in 2023. • This comes at a time when rival exchanges have been laying off employees due to the crypto industry downturn and a massive FTX fall. • Coinbase, Kraken, and Huobi have all…

• A Consumer Price Index (CPI) release in the US at 8:30 am EST was used to decide whether it is a bull or bear market in the short term. • Most estimates agreed that 6.5% is the magic line that will decide whether it is a bull or bear…

• Huobi Token (HT) is currently in a vulnerable state, as it deals with the drama surrounding the Huobi cryptocurrency exchange. • Over the past 7 and 14 days, HT has lost 6.4% and 11.3% of its value respectively. • Recent data from DeFiLlama shows that Huobi exchange experienced a…

• The Dollar Currency Index (DXY) recently suffered an ominous signal with a death cross appearing on the daily timeframe. • Bitcoin, as an asset trading against USD, is especially susceptible to strength or weakness in the greenback. • This death cross could potentially signal a trend change for USD,…

• Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, has requested the court to block debtors’ access to his Robinhood shares. • A report released by US prosecutors revealed the Robinhood shares are worth $450 million. • SBF filed a motion to the United States Bankruptcy Court…

• Voyager Digital accepted Binance.US’s bid to purchase its assets for over $1 billion, but the Securities and Exchanges Commission (SEC) has now objected to the deal. • The SEC raised some concerns about the Binance takeover and asked for more clarification on the deal, such as how the crypto…