“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.
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BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.
BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.
Japanese film studio announces the production of a series based on crypto
Noma, a Japanese film studio, has announced that it is producing three feature films that are based on the world of cryptocurrencies. The first film, titled The Rhetoric Star, is already in production and will be released in 2024.
In an announcement sent to Cointelegraph on Tuesday, Taichi Ito, the founder of Noma and a producer of the series, said that the trilogy aims to impart knowledge about the crypto industry through creative storytelling. Additionally, Ito proudly shared that their team is working with Bitcoin (BTC) experts and the award-winning sound designer Sefi Carmel. He also expressed confidence that The Rhetoric Star will “change the way” audiences learn about crypto.
The film series is also produced by Mai Fujimoto, the CEO of Tokyo-based blockchain firm Gracone, and Ryo Nakatsuji, an executive at Japanese publisher CoinPost. Meanwhile, Japanese animator Haruna Gohzu, who has worked in popular anime like Pokémon, Fairy Tail and Demon Slayer will be taking the lead in the films’ animations.
Sefi Carmel, who is designing the sounds for the films, mentioned that the team wants to create a series that relays insights from the world’s crypto experts to the masses in a “creative and accessible” way. He said that he’s honored to join the team and excited as the world steers towards “a virtual future dependent on blockchain, cryptocurrency, NFTs and the like.”
Related: Japanese business giant Nomura to explore crypto and NFTs with new unit
Japanese film studio announces the production of a series based on crypto
Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films.
Japanese film studio announces the production of a series based on crypto
Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films.
Cointelegraph Store introduces Summer of Crypto merch collection
Celebrating the arrival of summer, Cointelegraph has launched a new collection of crypto-inspired summer wear to keep things cool.
Cointelegraph Store introduces Summer of Crypto merch collection
Celebrating the arrival of summer, Cointelegraph has launched a new collection of crypto-inspired summer wear to keep things cool.
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a trip to near $21,500.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst eyes diminishing BTC stocks correlation
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $21,633 on Bitstamp, its best performance since June 16.
The largest cryptocurrency managed to avoid fresh losses into the new week; so far, these are reserved for the weekend. As such, futures markets reopened without being subjected to the dip to $17,600.
CME Bitcoin futures 1-hour candle chart. Source: TradingViewWhile some planned to short BTC at current levels, the mood among market participants was broadly one of "wait and see" as U.S. equities opened up. The S&P 500 and Nasdaq 100 both added around 2.5% on the open.
Popular trader Bierre was eyeing the 200-period moving average (MA) on the four-hour chart. For him, breaking it on the day would be a sign of strength not seen for multiple weeks.
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020.
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020.
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a trip to near $21,500.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst eyes diminishing BTC stocks correlation
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $21,633 on Bitstamp, its best performance since June 16.
The largest cryptocurrency managed to avoid fresh losses into the new week; so far, these are reserved for the weekend. As such, futures markets reopened without being subjected to the dip to $17,600.
CME Bitcoin futures 1-hour candle chart. Source: TradingViewWhile some planned to short BTC at current levels, the mood among market participants was broadly one of "wait and see" as U.S. equities opened up. The S&P 500 and Nasdaq 100 both added around 2.5% on the open.
Popular trader Bierre was eyeing the 200-period moving average (MA) on the four-hour chart. For him, breaking it on the day would be a sign of strength not seen for multiple weeks.
Risky business: Celsius crisis and the hated accredited investor laws
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut off access to U.S. citizens who were not accredited investors, many cried foul.
Did it help some users avoid the current crisis? Or do accredited investor laws go too far in saving users from themselves — and from profits, too?
Two weeks ago, as speculation about Celsius’ solvency began to mount, users started experiencing trouble withdrawing money from their accounts. Though Celsius CEO and founder Alex Mashinsky appeared to initially write the issues off as baseless rumors, the company soon announced a “temporary halt” on withdrawals. Users were — and, as of the time of writing, remain — unable to access their funds, which are, at least in theory, still earning interest.
Magazine had interviewed Mashinsky about investor accreditation on May 25 before Celsius ran into serious problems in the public area. The resulting drama makes the topic all the more timely. So, what does Mashinsky have to say about accredited investor laws?
Risky business: Celsius crisis and the hated accredited investor laws
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut off access to U.S. citizens who were not accredited investors, many cried foul.
Did it help some users avoid the current crisis? Or do accredited investor laws go too far in saving users from themselves — and from profits, too?
Two weeks ago, as speculation about Celsius’ solvency began to mount, users started experiencing trouble withdrawing money from their accounts. Though Celsius CEO and founder Alex Mashinsky appeared to initially write the issues off as baseless rumors, the company soon announced a “temporary halt” on withdrawals. Users were — and, as of the time of writing, remain — unable to access their funds, which are, at least in theory, still earning interest.
Magazine had interviewed Mashinsky about investor accreditation on May 25 before Celsius ran into serious problems in the public area. The resulting drama makes the topic all the more timely. So, what does Mashinsky have to say about accredited investor laws?
Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others.
Crypto exchange BlockFi secures $250M credit from FTX amid bear market
At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds