X Drops Support for NFT Profile Avatars
Social platform X quietly removed the option to set NFTs (non-fungible tokens) as profile pictures.
South Korea’s Regulator: Bitcoin ETFs Could Violate Local Law
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
Robinhood Shares Plans to List Spot Bitcoin ETFs
Robinhood CEO Vlad Tenev announced that his company will quickly start offering spot bitcoin exchange-traded funds.
Phoenix Group Closes $187M Deal with Bitmain
Mining company Phoenix Group has announced a $187 million deal with Bitcoin mining hardware manufacturer Bitmain.
The SEC Approves Spot Bitcoin Exchange-traded Funds
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
Bank of Spain Creating List of CBDC Testing Participants
The Bank of Spain is currently selecting participants for CBDC testing. These include Cecabank, Abanca, and Adhara Blockchain.
Cosmos Community Votes to Reduce ATOM Inflation Rate
The developers behind Cosmos’ inter-blockchain communications (IBC) protocol have proposed a plan to decrease the inflation rate of their native token, ATOM.
Fox Corporation Rolls Out a Blockchain Platform with Polygon to Track Content
The Fox Corporation, a media conglomerate known for its brand names such as Fox News, has launched a blockchain platform called Verify, which allows firms to track how their content is being used online.
Arthur Hayes: Bitcoin Will Experience a 30% Correction
The price of Bitcoin is expected to undergo a 20-30% correction in the upcoming months due to a decrease in dollar liquidity.
Bitfinex to Stop Offering Some Services to British Users
Bitfinex will be altering its products and services for specific customers in the UK in accordance with regulatory guidelines in the country.
Standard Chartered: Bitcoin Will Reach $200K in 2024
According to multinational bank Standard Chartered, the value of Bitcoin could potentially reach $200,000 by the end of 2024
Hong Kong and Singapore Could Recognize Stablecoins as a Means of Payment
By the end of 2024, both Hong Kong and Singapore have plans to pass laws allowing the use of stablecoins as a form of payment in their respective domestic markets.
