The Business & Technology Network
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Japanese conglomerate and consumer electronics giant Sony Group is reportedly preparing to unveil a crypto exchange platform in its home country. Blockchain reported Colin Wu says that Sony Group has purchased Amber Japan, the Japanese subsidiary of the digital asset firm Amber Group. “Singapore market maker Amber Group acquired Japan’s regulated cryptocurrency trading platform DeCurret in early...
One of the largest retail trading platforms in the world is considering launching crypto futures for customers in the US and Europe. According to a new Bloomberg report, Robinhood is looking at offering crypto futures trading in the US and European markets, but doesn’t have a specific timeline to do so. Said a Robinhood spokesperson, according to the report: “We have no imminent plans to launch...
Fed Chair Jerome Powell says the US is on an unsustainable fiscal path and that it should be a “top-level issue.” In a new discussion at the ECB Forum on Central Banking in Sintra, Portugal, Powell says that the US is running a “very large” deficit that needs to be addressed – ideally sooner rather than later. While he won’t comment on any administration’s specific policies, Powell says the US...
Current odds on the crypto betting platform Polymarket give President Joe Biden a one in three chance of dropping out of the upcoming US presidential race. Polymarket allows users to bet on the outcomes of almost any event, ranging from pop culture to sports to politics. The Biden bet resolves to “Yes” if he officially announces his withdrawal or is confirmed to have withdrawn from the 2024 US...
A top analyst known for making well-timed crypto calls is unveiling a huge price target for the Solana (SOL)-based memecoin dogwifhat (WIF). Pseudonymous analyst Bluntz tells his 264,200 followers on the social media platform X that WIF appears to be in the early stages of a fresh five-wave rally. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to go through a...
Binance, the world’s largest crypto exchange by trading volume, has announced that 11 altcoins are facing a potential delisting. On Monday, Binance extended its “monitoring tag” to Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT) and Sun (SUN). Binance says tokens with...
A massive crypto whale is unveiling his entire holdings of digital assets to the tune of hundreds of millions of dollars. In a recent tweet, the pseudonymous trader named 0x_b1 proves that he owns a wallet that contains an immense trove of ER20 tokens by verifying his signature on the blockchain. @jack @verified https://t.co/3RXIbiIS8iMind us a blue badge? #Bitcoin