FTX: First Crypto Company To Secure Naming Rights For A Sports Arena., MLB
The new cooperation was announced on Wednesday by Sam Bankman-Fried, the founder and CEO of FTX and Alameda Research. FTX has signed on as an official sponsor of Major League Baseball , paving the way for a wider acceptance of digital assets in the mainstream. According to FTX founder and CEO Sam Bankman-Fried, every Major […]
Canaan, A Chinese Crypto Mining Firm Opens In Kazakhstan Amid Mining Crackdown
Canaan said on Monday that it has begun operating its own cryptocurrency mining operation in Kazakhstan, utilizing its latest Avalon Miner machines. After establishing a service centre in Kazakhstan earlier this month, Canaan has commenced mining Bitcoin with its newest Avalon Miner devices. Despite China’s ongoing restrictions on Bitcoin (BTC) mining, Canaan, a major Chinese […]
Bitcoin Price Dip: A Glimmer Of Hope For Hodlers
The latest Bitcoin price dip, according to Meltem Demirors, is an adjustment that is filtering out the paper hands. For first-time investors, the significant decrease in Bitcoin’s (BTC) price from its very all-time high in April may be worrisome. Nonetheless, CoinShares chief strategy officer Meltem Demirors believes that the majority of long-term investors are not […]
BIS Reiterates Its Support For Central Bank Digital Currencies
The Bank for International Settlements (BIS) has confirmed its support for digital currencies issued by central banks (CBDCs). CBDCs , according to the central bank of central banks, are required to preserve the status quo of the legacy financial system. Researchers at the BIS stated in a report titled “CBDCs: an Opportunity for the Monetary […]
3iQ Canada Lists Its fist Bitcoin fund on Nasdaq Dubai
The canada’s 3iQ Bitcoin Fund will allow Dubai-based investors to swap assets between Nasdaq Dubai and the Toronto Stock Exchange (TSE) due to its dual listing. The first Bitcoin fund in the UAE region is officially available in Dubai. 3iQ Corp, based in Canada, has announced that its Bitcoin Fund would be listed on Nasdaq […]