The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline. Thailand’s oldest bank has scrapped plans it first announced in November 2021 to become the majority shareholder of crypto exchange Bitkub. In a Thursday announcement, Siam Commercial Bank’s SCB X Group said...Continue Reading

What is the critical support level for Bitcoin and what happens if the market drops below it? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Charlie Burton. In this weeks episode of Market Talks, we welcome professional trader Charlie Burton. Charlie is a professional trader...Continue Reading

Symbolic Capital has become the latest venture firm to focus heavily on Web3, gaming and NFTs. Cryptocurrency entrepreneur and Polygon founder Sandeep Nailwal has raised $50 million for a new startup fund dedicated to Web3 companies, underscoring venture capital’s growing interest in the blockchain-powered internet.  Nailwal’s venture firm, Symbolic Capital, is backed by cryptocurrency protocols,...Continue Reading

Binance is seeking licensing to establish a presence in the Philippines ahead of a moratorium and providing educational resources for future traders and blockchain developers. Binance representatives participated in a hearing of the Philippine Senate Banking Committee, according to a report in the local press Wednesday. Bangko Sentral ng Pilipinas deputy governor Chuchi Fonacier, the...Continue Reading

The collapse of crypto shadow banks like Celsius demonstrated just how problematic centralized, opaque finance can be, says Sunny Aggarwal of Osmosis DEX. Centralized finance platforms have taken a huge credibility hit due to poor risk controls, but decentralized finance protocols havent escaped unscathed either. So, is DeFi or CeFi likely to emerge stronger from...Continue Reading

Blockchain technology has changed the way modern people invest into assets, attracting younger and less affluent investors into the space. Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors...Continue Reading

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term. American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression. The firm’s founder and CEO Brian Armstrong delved into...Continue Reading

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years. Following United States President Joe Biden’s announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin (BTC) supporter proposed an alternative method...Continue Reading

Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers. Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Realized price inspires confidence Data from...Continue Reading

One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC). Atlanta-based Bitcoin Depot has reached...Continue Reading