Gate Cryptocurrency News and Market Analysis

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Bank of America Analysts: CBDCs Bad News for European Banks

Bank of America analysts Alastair Ryan and Philip Middleton disclosed on Dec 09, 2020 that Central Bank Digital Currencies (CBDCs) are bad news to European banks. The analysts explained that pursuits to launch CBDCs could have a damaging impact on already-depressed European banks by cutting the
BAC0.11%
V0.17%
MA0.34%
LucasBennett·19m ago
Bank of America Analysts: CBDCs Bad News for European Banks

News Corp and OpenAI Announce Multi-Year Content Partnership

News Corp and OpenAI announced a multi-year global partnership to publish News Corp news content on OpenAI's platform. The agreement grants OpenAI permission to display content from News Corp mastheads, aiming to provide users with access to reliable news sources for well-informed decision-making. T
OliverGrant·21m ago
News Corp and OpenAI Announce Multi-Year Content Partnership

Seum Law Firm Founded July 2012 to Serve Korean Startups

Seum, a South Korean law firm, was founded in July 2012 by Managing Partner Jung Ho-seok, formerly of Shin & Kim, and Lee Byung-il, formerly of Bae, Kim & Lee, with the aim of becoming the best legal partner for startups. The firm launched with four lawyers at a time when major law firms in South Ko
Naver0.52%
Kakao-0.29%
Bloomingbit·22m ago
Seum Law Firm Founded July 2012 to Serve Korean Startups

Coinbase Receives CFTC Derivatives Clearing Organization License

Coinbase received approval from the U.S. Commodity Futures Trading Commission for a derivatives clearing organization license this week, according to DeFi Rate on Oct. 3. The approval allows Coinbase to directly clear fully collateralized futures, options on futures, and swaps. The CFTC
COIN-3.36%
USDC-0.04%
Bloomingbit·1h ago
Coinbase Receives CFTC Derivatives Clearing Organization License

Bitcoin Tests $65,000 as Traders Await TheFlowHorse Analysis

Bitcoin is testing the $65,000 resistance level as traders await analysis from TheFlowHorse. The cryptocurrency is navigating the $64,000 to $65,000 range with mixed market signals from both buyers and sellers. The anticipated analysis could influence trading strategies as the crypto community
BTC-2.07%
DanielCarter·2h ago
Bitcoin Tests $65,000 as Traders Await TheFlowHorse Analysis

Bitdeer Mines 292.3 Bitcoin This Week, Sells Entire Haul

Bitdeer announced on X on Oct. 3 that it mined 292.3 Bitcoin this week. The company sold all of the Bitcoin it mined, keeping its holdings at zero. This sales strategy maintains Bitdeer's policy of converting all mining output to cash rather than holding cryptocurrency reserves. Bitdeer Sells
BTC-2.07%
Bloomingbit·2h ago
Bitdeer Mines 292.3 Bitcoin This Week, Sells Entire Haul