Cryptocurrency News

An Interview with Ben Caselin on AAX- Lightning Network Integration and TARO Protocol Implementation

An Interview with Ben Caselin on AAX- Lightning Network Integration and TARO Protocol Implementation

[ad_1] One of the leading crypto platforms, AAX has been making waves with lots of new developments. Recently, the platform announced its integration with the Bitcoin Lightning Network, which was soon followed by another update regarding its support for TARO — a protocol that enables asset issuance on the Bitcoin network. To satisfy our curiosity, […]

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French Giant Bank BNP Paribas to Launch Crypto Custody Business

French Giant Bank BNP Paribas to Launch Crypto Custody Business

[ad_1] France-based BNP Paribas, the second largest global bank in Europe, has become the latest banking giant to enter the crypto custody business. BNP Paribas announced on Tuesday that it has partnered with Swiss-based crypto infrastructure firm Metaco to enable the offering of digital assets custody services to its customers. The development was revealed by

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Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over

Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over

[ad_1] Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Parabolas violated Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it breached $23,800, its highest levels since June 13. Against expectations, crypto staged a

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Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs – Exchanges Bitcoin News

Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs – Exchanges Bitcoin News

[ad_1] Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less than two

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Bitcoin Price Surge Could Extend Above K, Indicators Turn Green

Bitcoin Price Surge Could Extend Above $24K, Indicators Turn Green

[ad_1] Bitcoin gained pace above the $23,000 resistance against the US Dollar. BTC could rise further towards $24,000 if it stays above the $22,750 support. Bitcoin climbed over 5% and there was a move above the $23,000 resistance zone. The price is now trading above the $22,750 level and testing the 100 hourly simple moving

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Meta Partners with Digital Brand DressX for New Avatar Store

Meta Partners with Digital Brand DressX for New Avatar Store

[ad_1] Meta said that it is partnering with digital fashion startup DressX for Meta’s new Avatar Store. The partnership with the Los Angeles-based startup will introduce new avatar fashion on the Avatar Store. To Meta, this is the first cooperation with a digital fashion retailer, per online media outlet Forbes. This is also a milestone

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Lummis-Gillibrand crypto bill likely deferred to next year

Lummis-Gillibrand crypto bill likely deferred to next year

[ad_1] The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on July 19, the Senators stated that there is a slim chance that the comprehensive bill would be pushed through the Senate

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Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers – Bitcoin News

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers – Bitcoin News

[ad_1] The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as

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Ethereum Rally Could Start Again, Why Bulls Might Aim ,800

Ethereum Rally Could Start Again, Why Bulls Might Aim $1,800

[ad_1] Ethereum corrected a few points from the $1,633 high against the US Dollar. ETH remains well supported above the $1,480 level and might start a fresh rally. Ethereum started a consolidation phase below the $1,600 resistance zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a

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