Category : CoinJournal

CoinJournal

Coinbase may be losing retail crypto traders to Robinhood: Mizuho

Mizuho analyst says Coinbase may be losing share in retail crypto trading. Dan Dolev continues to see downside in the crypto exchange to $27 a share. Coinbase stock is currently down 35% versus its year-to-date high in March. Coinbase Global Inc re...

GamCare Calls For Crypto Trading Self-Exclusion: Will GamStop Take Actions?

GamCare is the leading provider of information, advice, support, and free referrals to prevent and resolve gambling problems in the UK. To the surprise of many, recently, GamCare equated crypto trading with gambling activities and stressed the& n...

Blk DNM Introduces Intelligence Into Clothing With Blockchain, In First Use Of ‘Connected Fashion’

Stockholm, Sweden, June 15th, 2023, Chainwire BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation Swedish-American fashion brand BLK DNM today unveils the first-ever example of connected fashion (garments that ex...

Coinbase partners with Bitkey Wallet to promote Bitcoin self-custody

Coinbase’s partnership with Bitkey, Block’s self-custody bitcoin wallet, will span six continents. The platforms will integrate Coinbase Pay to allow users buy/sell or transfer Bitcoin to their Bitkey self-custody wallet. Coinbase said t...

Binance introduces Bitcoin mining cloud services amid regulatory pressure

Key takeaways Binance users interested in Bitcoin mining can now subscribe to Binance’s cloud mining services starting today. The new service comes despite Binance currently facing regulatory pressure in the United States.& Binance l...

Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer...

Crypto price prediction: XRP, Hedera Hashgraph, Stacks

Cryptocurrencies plunged hard after the latest Federal Reserve decision. Bitcoin dropped below the key support levels at $25,300 and $25,000. XRP has formed a double-top pattern on the daily chart. Cryptocurrency prices dipped sharply this we...

Crypto lending platform Delio temporarily suspends withdrawals

Delio’s move comes amid a heightened crackdown in the US by the SEC. The move follows the recent suspension of deposit and withdrawal of digital assets at Haru Invest. There have also been a sharp increase in market volatility and increased co...

Astar Network Unveils the ‘Astar 2.0 Vision’ to Deliver Web3 Mass Adoption to Billions of Users

Tokyo, Japan, June 15th, 2023, Chainwire Setting the long-term direction, the Astar 2.0 Vision aligns tokenomics, organizational structure, and key pillars of technology to drive Web3 mass adoption Astar Network, the smart contract platform for multi...

OpenAI CEO optimistic on global AI coordination: what it means for crypto AI projects

OpenAI CEO is touring Asian capital cities. The CEO is currently touring Tokyo and is also expected to visit Singapore, Indonesia, and Australia. The CEO says he is optimistic about global AI coordination, which is a good thing for AI-based crypto p...

Crypto exchange Bit2Me to expand its presence in Spain and Latin America after raising $15m

Key takeaways Bit2Me is set to expand its presence in Spain and Latin American countries. This comes after the crypto exchange raised $15 million in its latest funding round.& Bit2Me to expand its services in Spain and Latin America Bit2Me...

OKX Middle East Receives MVP Preparatory License From VARA in Dubai

Dubai, United Arab Emirates, June 15th, 2023, Chainwire UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today annou...

Huobi Launches Mars Program Becoming the First Cryptocurrency Exchange to Enter Space Exploration

Singapore, Singapore, June 15th, 2023, Chainwire Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe. Get Huobi on Mars! By investing big in the space program,...

OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival

New York City, New York, June 15th, 2023, Chainwire Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris and director, producer and screenwriter Stephen Kay...

Bitcoin dips under $25k as bulls lose 7-month trendline – what next?

Bitcoin price fell below $25,000 after the Fed rate pause news. An analyst points out that the decline saw bulls lose a 7-month trendline support and $20k-$22k could be next. The main resistance zone is between $26k and $28.3k, which can be touched...

Rep. Brad Sherman ‘hopes’ the SEC crackdown ends crypto in U.S.

Rep. Brad Sherman dubs cryptocurrencies bad for the U.S. He does not associate any real value with cryptocurrencies. Bitcoin is still up well over 50% versus the start of the year. Crypto is not a payments system and it’s not good for the Uni...

EU lawmakers vote for landmark Artificial Intelligence regulation

The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks a ban on real-time biometric recognition. The...

MakerDAO votes to decrease GUSD held in DAI stablecoin reserve

MakerDAO could soon remove $390M of Gemini’s GUSD stablecoin from its reserves. The DAO is currently voting to decrease the maximum amount of GUSD held in Maker’s DAI stablecoin reserve to $110M. MakerDAO’s reserve currently holds...

The Graph migrates settlement layer to Arbitrum

The Graph began its transition from Ethereum in 2022. Arbitrum offers more scalability, low transaction costs and high network speeds. The price of GRT and ARB rose slightly following the start of The Graph’s final migration phase. The Graph,...

Top 4 Crypto Events to Attend in Asia in 2023

Over the past decade, cryptocurrency has gained significant traction globally, and Asia has been no exception. As a result, the Asian market has emerged as a pivotal player in the digital asset landscape, with countries like China, South Korea, and J...

XRP retreats to support after Hinman documents release hype

XRP price has dipped to near $0.50 after jumping to above $0.55 on Tuesday. The gains followed the eventual release of documents related to a speech by former SEC official Willian Hinman. Analysts say XRP’s spike might have been a “sell...

Crypto is not immune to regulation, US crackdown is immensely hurtful

Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in...

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