Crypto News
Ethereum Price Hits $4,000 for First Time Since March as ETF Demand Surges
The second-largest crypto asset charged hands above $4,000 Thursday as Ethereum ETF products showed substantial inflows.Source link
MARA Acquires 1,423 Bitcoin After Completing $850M Convertible Bond Issuance
MARA’s recent acquisition of more bitcoin maintains its outlook on bitcoin as both a store of value and a hedge against inflation. MARA Makes Another Big Bitcoin Purchase MARA Holdings acquired 1,423 bitcoin (BTC) worth $139.5 million at the time of purchase, following the completion of its $850 million convertible bond issuance. According to onchainSource link
B2CORE Announces Multi-Platform Upgrades for Forex and Crypto Brokerages
PRESS RELEASE. B2CORE, a leading CRM software provider for the financial sector, continues revolutionising brokerage operations with its integrated platform. Recognised as the top CRM solution at FMLS 2024, the company is committed to delivering innovative tools that empower brokerages worldwide. The company has introduced significant upgrades across its web, IB, iOS, and Android platforms,Source link
CoinDesk 20 Performance Update: DOT Falls 5.1% as Index Declines From Thursday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3830.63, down 0.2% (-7.76) since 4 p.m. ET on Thursday.Six of 20 assets are trading higher.Leaders: UNI (+7.7%) and RENDER (+5.8%).Laggards: DOT (-5.1%) and LTC (-3.8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
U.S. Regulator Told Banks to Lay Off Crypto, Letters Obtained by Coinbase Reveal
Crypto banking activity was paused or prevented by the Federal Deposit Insurance Corp. at a large number of U.S. banks in 2022, according to communications pried loose by a research firm hired by Coinbase Inc. (COIN).Coinbase's hired help, History Associates Inc., had taken the FDIC and the Securities and Exchange Commission to court in June and finally won access to certain internal FDIC communications. The heavily-redacted documents emerged on Friday, showing the banking regulator slamming the brakes on lenders offering or considering products and services in the digital assets sector."We respectfully ask that you pause all crypto asset-related activity," the regulator wrote in one of the 23 letters shared by the crypto exchange. "The FDIC will notify all FDIC-supervised banks...