Shares of Bitcoin Depot, the world’s largest crypto ATM operator, rose nearly 12% Bitcoin ATM operator Bitcoin Depot launched today (04.07.2023) on the Nasdaq stock exchange, making it the first U.S. company to go public. Last week, the company—one of the largest Bitcoin ATM operators in the country—announced its merger with blank check company GSR II Meteora. Atlanta, Georgia-based Bitcoin Depot, trading under the “BTM” ticker, is the first crypto ATM operator to list on a major U.S. stock market. It was a wild day of trading in the stock. The shares had risen as high as US$6.60 in pre-market…
Author: Arti
Arti
Arti has a strong understanding of and passion for cryptocurrency and blockchain. With more than 4 years' experience in writing news stories, she has been following developments in the crypto space, researching and understanding the true potential of decentralization, and publishing her analyses in media.
The development of quantum computing is powerful enough to significantly impact Bitcoin mining Bitcoin, the world’s first decentralized cryptocurrency, has gained significant popularity since its inception in 2009. As the demand for Bitcoin continues to rise, so does the process of Bitcoin mining. Bitcoin mining is the reason behind Bitcoins being circulated in the market. Bitcoin mining, a subset of the cryptocurrency mining ecosystem focuses solely on the validation and security of Bitcoin transactions. The process of validating and recording transactions on the Bitcoin network, the main purpose of Bitcoin mining is validating transactions to prevent fraud and adding new…
Ripple has unveiled an exciting new development called Crossmark for XRP holders Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services. RippleX, the developer arm of blockchain company Ripple, has unveiled an exciting new development for XRP holders. Crossmark, a web wallet developed by Crossmark in collaboration with Ripple, offers many features similar to Ethereum’s popular MetaMask wallet. With Crossmark, the developers aim to revolutionize how users interact with the XRP Ledger, providing better accessibility and streamlined transactions within the decentralized ecosystem. RippleX’s tweet touting…
Gemini has launched Ethereum staking in the UK through its Gemini Staking Pro Gemini recently announced the expansion of Gemini Staking Pro to the United Kingdom. UK users with 32 ether (ETH) or more can now seamlessly launch dedicated validators on Ethereum, facilitated by Gemini. To participate as an Ethereum validator on Gemini, users must stake a minimum of 32 Ether (ETH), equivalent to approximately $60,000 at the current market value. Gemini Trust Company, the firm’s service provider, enables institutional Ethereum Classic (ETH) staking via its web interface. Gemini Staking Pro is already live in the United States (excluding New…
The recent volatility of cryptocurrencies, particularly Bitcoin, has drawn significant attention from investors and enthusiasts. Volatility has been a defining characteristic of both Ethereum and Bitcoin. While it may deter some investors, it also presents opportunities for substantial gains. The price swings in these cryptocurrencies have attracted traders looking to capitalize on short-term price movements. This is unsurprising as almost everyone knows that Bitcoin is a good investment for all crypto investors. As BTC experiences consolidation, holders brace themselves for the impact, but will they repeat their initial actions from the earlier uptick? The king of cryptocurrencies brought the concept…
Deutsche Bank is looking to get more involved in the world of cryptocurrencies German investment bank Deutsche Bank AG is the latest large financial institution looking to get more involved in cryptocurrencies and has applied with BaFin, Germany’s financial regulator, seeking permission to operate a custody service for digital assets. According to a report from Bloomberg, David Lynne, Deutsche Bank’s Head of Corporate Bank, announced the firm’s move towards crypto on Tuesday, saying, “We’re building out our digital assets and custody business. We just applied to the BaFin for the digital asset license.” BaFin is tasked with monitoring companies in…
Artificial intelligence and DeFi have improved forecasting in ways beyond imagination Artificial Intelligence (AI) and decentralized finance (DeFi) are two technological developments that have gained tremendous traction in the last few years. Despite being in its infancy, Artificial intelligence and DeFi have already revolutionized many sectors, including healthcare, manufacturing, and financial trading is not exempted. Financial traders use AI-powered algorithms to analyze market data, identify trends, and make trading decisions more quickly, changing the financial trading game. The Rise of DeFi Inefficiencies, high costs, and limited access for the unbanked population have long plagued the traditional financial system. DeFi aims…
World’s largest crypto trading platform Binance said that it could no longer serve Dutch clients Cryptocurrency exchange Binance said it would leave the Netherlands after rejecting the company’s application to register under the Dutch crypto authorization regime. Referring to a virtual asset service provider, Binance said it could no longer serve Dutch clients “as we have been unable to register as a VASP with the Dutch regulator.” Binance said it could no longer serve Dutch clients, as it has been unable to register as a virtual asset service provider with the Dutch regulator. Starting Friday, no new Binance users will…
Securities status of XRP has taken a whole new turn following the release of the Hinman documents The popular Ripple vs SEC lawsuit in the highly volatile cryptocurrency market has always been the center of attraction. Crypto investors are highly eager to know the final verdict of the Ripple vs SEC lawsuit regarding the unregistered security claim of XRP. Especially because XRP was one of the hottest crypto investments before the 2022 market crash when it lost over 70% of its value. The SEC has accused Ripple of selling XRP in an unregistered security offering. The outcome of the U.S.…
On Wednesday, in a move Binance said would allow it to focus on its larger European businesses Cryptocurrencies have come into conflict with regulatory authorities quite a few times already, most recently in the form of the SEC’s extended battle with Ripple. And now, the SEC is going after yet another household name and top crypto brand Binance, and its CEO Changpeng Zhao. Binance’s Cyprus unit has applied to be removed from Cyprus’ register of crypto asset service providers, the securities regulator website showed on Wednesday, in a move Binance said would allow it to focus on its larger European…