news

Commerzbank, a leading German full-service bank, has made a groundbreaking move in the digital asset sector by becoming the first bank in Germany to receive a Crypto Custody License. This significant achievement positions Commerzbank at the forefront of the rapidly growing crypto market in the country. The bank sees this license, granted under the German […]

No New Users Accepted Bitgetx, the subsidiary of the Singapore-based cryptocurrency exchange Bitget, announced on November 13 that it has decided to drop its pursuit of a Virtual Asset Trading Platform (VATP) license in Hong Kong. As a result, Bitgetx will be closing its operations in Hong Kong and permanently exiting the region on December

A Call for Bitcoin to be Recognized as Legal Tender A member of the German Bundestag (federal parliament), Joana Cotar, has expressed her support for making Bitcoin a legal tender in Germany, in an exclusive interview with Cointelegraph. Cotar believes that Bitcoin should receive a "preliminary examination" to establish a legal framework that officially recognizes

Introduction On Tuesday, the U.S. Bureau of Labor Statistics released the October Consumer Price Index for All Urban Consumers (CPI-U), which remained unchanged compared to September's 0.4% increase. The report revealed a steady trend in consumer pricing, with the all-items index rising 3.2% over the past year before seasonal adjustment. Shelter Index and Gasoline Index

Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, has issued a cautionary statement stating that fiat money is not a safe investment. He emphasizes that central banks are buying gold to protect themselves, rather than safeguarding the interests of investors. Kiyosaki advises individuals to take necessary steps to protect themselves by

Introduction Robin Linus, the creator of BitVM, a computing construct built on the Bitcoin blockchain, has recently released a white paper titled "Bitstream." This paper presents a system that aims to revolutionize the economic structure of file storage by introducing a usage-based model that rewards server contributions with bitcoin payments. Overhauling Data Hosting with Bitstream

Bithumb's Potential IPO Strategy to Surpass Upbit's Market Supremacy Bithumb, a prominent cryptocurrency exchange in South Korea, is reportedly considering a public listing on Kosdaq in 2025, according to local reports. Insider information suggests that the exchange is also contemplating a future transition to the Korea Exchange (KOSPI) platform. As per South Korean news outlet

Moody’s Revises US Credit Outlook to 'Negative' The credit agency Moody’s has downgraded the United States credit outlook from 'stable' to 'negative'. This decision comes as a result of concerns over persistent large fiscal deficits and diminishing debt affordability. Moody's revision follows a previous downgrade by Fitch and reflects ongoing apprehension among investors regarding federal

Solana (SOL) has been the talk of the crypto community this weekend, as its value against the U.S. dollar has experienced a remarkable surge. Within the past 24 hours, SOL has gained 11%, and over the course of the week, it has seen an impressive 45.2% increase, propelling it to become the sixth largest asset

Dispelling Rumors and Rejecting Cash Shortage Reports The Central Bank of Nigeria (CBN) has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. In a statement issued on November 8th, the bank emphasized that all banknotes issued by the CBN remain legal tender and should not be rejected by anyone.