Crypto Analyst Jason Pizzino Sees Bullish Structure for Bitcoin Amid Weakening US Dollar

Crypto analyst Jason Pizzino suggests that Bitcoin (BTC) is forming a bullish structure as the US dollar shows signs of weakness. He points to the key level of $28,400 for Bitcoin and notes that as long as the market holds up above this level, it seems like the beginning of an uptrend. Pizzino al ...

OKX CCO Lennix Lai Discusses Crypto’s Advantages, Regulation, and KYC Implementation

Lennix Lai, the Global Chief Commercial Officer at OKX, discussed various aspects of the cryptocurrency industry during an interview at the Blockchain Economy Summit in Dubai. Here are some key points from the interview: Crypto vs. Traditional Finance: Lai highlighted the differences between work ...

Cryptocurrency Exchange Kraken Diversifies into Traditional Finance with US Stock and ETF Trading

Kraken, a prominent cryptocurrency exchange, is gearing up to diversify its services by entering the realm of traditional finance. The exchange has announced plans to launch US-listed stock and Exchange-Traded Fund (ETF) trading services in 2024, marking its first venture outside of the cryptocurren ...

World Economic Forum Recommends Flexible Approach to Cryptoasset Regulation

They have analyzed different types of regulation And recommend a flexible approach The WEF considers Switzerland and Japan to be good examples The United States to be bad The World Economic Forum has issued a technical paper designed to re ...

Oliver Lynch’s Perspective on the Future of Cryptocurrency: A Separate but Consistent Market

This was Oliver Lynch's message during Bitcoin 2023 In his opinion, it is wrong to try to "squeeze" cryptocurrency into an existing financial market sector It is a separate segment just like securities and derivatives And he believes that industry conf ...

Hong Kong Launches e-HKD Pilot Program with Major Financial Players

The Hong Kong Monetary Authority (HKMA) announced Thursday the launch of the e-HKD pilot program and testing options for the state's digital currency. A number of major companies from the financial, payment and technology industries will ...

Blockchain in Traditional Finance Could Save Industry Participants $120 Billion Annually, Study Finds

According to a study by the Global Financial Markets Association (GFMA), the use of blockchain in the traditional financial industry could save industry participants up to $120 billion a year. The report, which also involved specialists from Boston Consulting Group, asks ...

Survey Shows Payment Providers Believe Cryptocurrencies Can Enhance Traditional Finance

As per a survey by Ripple and Faster Payments, 300 payment providers from 45 countries opine that blockchain technology and cryptocurrencies have the potential to enhance the traditional finance industry. The interviewed providers believe that cryptocurrencies can offer faster payment and settlem ...

Binance and Mastercard Launch Debit Card in Brazil to Bridge Traditional Finance with Cryptocurrencies

The Binance cryptocurrency card is now available in Brazil, allowing residents to integrate traditional financial services with the global cryptocurrency ecosystem. The debit card, which is a joint project between Binance, the largest cryptocurrency exchange, and Mastercard, the international paymen ...