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Bitcoin
UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action…
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday
Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past…
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors…
Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
Unidef Launches Revolutionary Initiative to Assist Crypto Community Affected by Centralized…
PRESS RELEASE. Dubai, UAE — Jul 11, 2023 – In an unprecedented move, Unidef (unidef.org), a global organization advocating for decentralized empowerment, has taken an extraordinary step to safeguard the crypto community that has been…
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year,…
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per…
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a…
Economist Jim Rickards: ‘Biden Is Now a World Historic Figure — He Has Destroyed the Dollar’
Jim Rickards, economist and best-selling author, has accused the Biden administration of destroying the U.S. dollar as a reserve currency. Rickards stated that Biden is to blame for the upcoming marginalization of the U.S. dollar at the…
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs…
In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest economy by 2075. The financial institution’s researchers predict a dramatic…