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    ‘I’m more comfortable being long Bitcoin today’

    ‘I’m more comfortable being long Bitcoin today’

    Michael Novogratz puts Bitcoin and Gold in the same bucket. Wolfe Research strategist reiterated his bullish view on BTC. Bitcoin is currently up 80% versus the start of the year 2023. Owning Bitcoin today is nowhere as scary as it was about six months ago, says...
    Federal Reserve launches ‘FedNow’ instant payment system

    Federal Reserve launches ‘FedNow’ instant payment system

    The newly launched FedNow Service aims to empower banks and credit unions. FedNow will allow for the execution of transactions 24/7 365 days a year. 35 banks and credit unions, including the U Bureau of the Fiscal Service of the US Department of the Treasury, are...
    Binance Labs invests $10M in DeFi protocol Radiant Capital

    Binance Labs invests $10M in DeFi protocol Radiant Capital

    Binance Labs’ strategic investment in Radiant Capital will help the DeFi protocol expands its product to more EVM chains. The price of Radiant’s native token RDNT rose 10% following the news. Binance Labs, the venture capital arm of world’s leading crypto exchange...
    Kuwait bans all crypto activities including mining

    Kuwait bans all crypto activities including mining

    After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in Kuwait’s AML and terrorist financing laws....
    Binance report shows crypto industry in good health in 2023

    Binance report shows crypto industry in good health in 2023

    Key takeways The crypto industry experienced growth across Bitcoin and other L1s, L2s, stablecoins, DeFi, and NFTs. Bitcoin network growth included trading volume, transaction count, fees and hashrate. Solana, BNB Chain led L1s, while Liquid staking emerged as a key...
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