Monthly Archives: Februar 2023

IMF Board: Crypto Should Not Be Legal Tender

• The International Monetary Fund’s (IMF) Executive Board has stated that cryptocurrency should generally not be granted legal tender status. • Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. • The IMF … Continue reading

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$200M in Losses: Short Trades Wiped Out By Bitcoin, Ether Surge

• Short trades on Bitcoin, Ether and other cryptocurrencies resulted in $200 million in losses. • Bitcoin-backed futures saw the most liquidations, at over $85 million. • The market capitalization of cryptocurrencies rose 8.8%, with Okb and BNB Chain’s bnb … Continue reading

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Robinhood Crypto Revenue Drops 24% to $39M in Q4

• Robinhood reported $39 million in crypto trading revenue in Q4, down 24% from Q3. • The company also announced its intention to purchase 55 million shares from a holding company for former FTX execs and cancelled nearly $500 million … Continue reading

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Fed Meeting Looms: Bitcoin Dips Below $23K, Sand Token Surges

• Bitcoin (BTC) recently traded at around $22,700 after a 4% drop in the past 24 hours. • Equities closed lower as traders awaited the Federal Reserve’s decision on interest rates Wednesday. • Arca Director of Trading and Operations Wes … Continue reading

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