Cryptocurrency
Brazilian bank Itau Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4. Itau, the largest bank by assets in Brazil and one of the leading lenders in Latin America, is debuting crypto trading with Bitcoin (BTC) and Ether (ETH), digital asset head Guto…
Read More “Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report” »
The hardware cryptocurrency wallet firm Trezor has continued its efforts to promote Bitcoin (BTC) education globally by launching a new educational initiative in Africa. The Trezor Academy was officially launched at the Trezor-backed Africa Bitcoin Conference in Ghana’s capital of Accra on Dec. 4, the firm announced to Cointelegraph. The academy is an educational program focused…
Read More “Trezor launches education initiative in Africa, funds Bitcoineta trip” »
Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free with no repercussions by a French court. On Feb. 16, hackers managed to drain and move $8.5 million from Platypus through a flash loan attack, forcing the protocol to suspend trading services until a resolution…
Read More “Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’” »
Bitcoin (BTC) starts the first week of December looking better than it has since early 2022 — at over $40,000. BTC price action is delighting bulls already as the month begins, with the weekly close providing the first trip above the $40,000 mark since April last year. Shorts are getting wiped and liquidity taken as…
Read More “Breakout or $40K bull trap? 5 things to know in Bitcoin this week” »
South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss only 36 during its next meeting in December. The numbers were published on Nov. 30 by the South African news outlet My Broadband. According to the publication, the FSCA plans to…
Read More “South African regulator may license 36 crypto companies in December” »
Financial regulators in South Korea released an update on Dec. 4 asking users to report any unlicensed cryptocurrency exchanges offering services to users in the region. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) of South Korea collaborated on the initiative. DAXA includes five of the major virtual asset exchanges operating…
Read More “South Korean financial authorities solicit reports on unlicensed crypto exchanges” »
Bitcoin (BTC), the original cryptocurrency, is gaining momentum versus global big-cap stocks as it overtakes the market value of American conglomerate holding company Berkshire Hathaway. BTC market cap has risen above $800 billion on Dec. 4, after nudging past billionaire investor Warren Buffet’s company on Dec. 3. BTC market cap has risen above $800 billion…
Read More “Bitcoin market cap overtakes Berkshire Hathaway, soars past $800B” »
The pharmaceutical industry is an important intersection of healthcare and the economy. It requires significant financial investment, while promising significant economic and public health returns. The purpose of this article is to dissect the financial landscape of the pharmaceutical industry and examine investment strategies, market dynamics, and their wider impact on global…
Read More “Economics of Pharmaceuticals: Understanding the Financial Landscape for Investors” »
The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. 4. Meanwhile, Bitcoin (BTC) has also surged above $41,000 for the first time in 19 months. BTC/USD (blue) vs. gold price (orange) Source: Tradingview Bitcoin price breaks $40K…and $41K Bitcoin has…
Read More “Bitcoin breaks $41K as gold price reaches new all-time high” »
The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is also a “wild card.” Bitcoin has been gaining momentum over the last 11 months, with a jump in March amid banking uncertainty, another spike in June when BlackRock filed for…
Read More “Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’” »
