Virtual currency Bitcoin briefly reaches the $38,000 level, Coinbase stock price returns to May 2022 level | 25th Financial Tankan
11/25 (Saturday) morning market trends (compared to the previous day) Traditional finance US stocks mixed NY Dow: 35,390 +0.3% Nasdaq: 14,250 -0.1% Shanghai Composite Index: 3,040 -0.6% Nikkei average: 33,625 +0.5% USD/JPY: 149.3 -0.09% NVIDIA: 477.7 -1.9% Microsoft: 377.4 -0.1%…
Binance’s Mr. Zhao and the end of “borderless†crypto asset companies | CoinDesk JAPAN
November 21st marked the end of an era. Binance CEO Changpeng Zhao has resigned, admitting that he violated US anti-money laundering requirements even though Binance was not an American exchange. With this, the myth of “borderless†crypto assets (virtual currency)…
European Central Bank Governor Lagarde admits to son’s cryptocurrency investment losses
Loss in virtual currency investment European Central Bank President Christine Lagarde admitted on the 24th that her son had lost money investing in crypto assets. Reuters reported. This remark was made when Lagarde spoke with students in Frankfurt, Germany, at…
Ark’s Bitcoin strategy is also successful as GBTC’s negative deviation reaches single digits
GBTC market price becomes appropriate On the 24th, the discount (negative deviation) rate to net asset value (NAV) of the Bitcoin investment fund “GBTC†managed by crypto heritage (virtual currency) asset management company Grayscale Investments narrowed to -9.77%. This shows…
British Investment Association collaborates with government authorities on asset tokenization
UK allows development of tokenized products UK investment industry body The Investment Association announced on the 24th that government authorities have given permission for licensed UK funds to develop tokenized products. The association is the UK investment management industry body,…
Bitcoin’s Bullish Momentum Faces Threat Of Bearish Divergence
The price of Bitcoin (CRYPTO: BTC) could potentially drop to $30,000 due to a looming bearish divergence, even as bulls are steaming ahead to the $40,000 mark. What Happened: Despite the excitement surrounding the potential approval of spot Bitcoin ETFs…
Ripple’s Fate Hangs in Balance: SEC’s Closed-Door Meeting Sparks Speculation and Hope in XRP Community
The post Ripple’s Fate Hangs in Balance: SEC’s Closed-Door Meeting Sparks Speculation and Hope in XRP Community appeared first on Coinpedia Fintech News The cryptocurrency world is abuzz with anticipation as the U.S. Securities and Exchange Commission (SEC) gears up…
Conservative Or Bold? Crypto Analyst Foresees Bitcoin Hitting $100K In Next Bull Market
Crypto expert and fund manager Dan Tapiero forecasts a bright future for Bitcoin (CRYPTO: BTC), projecting a significant surge in its value. What Happened: In a recent interview this week, Tapiero said that Bitcoin would reach a groundbreaking six-figure valuation…
Binance’s Billions In Outflows Were Not Concerning: On-Chain Data Stays Bullish, Signaling A Stronger Binance Ahead
The post Binance’s Billions In Outflows Were Not Concerning: On-Chain Data Stays Bullish, Signaling A Stronger Binance Ahead appeared first on Coinpedia Fintech News Almost a year after the collapse of FTX, Binance is now facing its challenges. However, unlike…
Binance to “completely withdraw†from US, pay billions of dollars in fine / Will Dogecoin go to the moon in December?[Weekly Review: 11/18-11/24]| CoinDesk JAPAN
This week’s attention! This week has been full of big news, but the biggest one is probably the withdrawal of Binance, the world’s largest cryptocurrency exchange, from the US and the payment of a huge fine of about $4.3 billion….