Articles written by Shiv Juneja - Benzinga

Coinbase CEO Brian Armstrong Sees Bitcoin To Become A Global Reserve Currency, But These 3 Investors Disagree

|Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong stated his confidence that Bitcoin (CRYPTO: BTC) may become the new global reserve currency for the world.

Wen Doge To The Moon? What Price Does Dogecoin Need to Reach To Turn $1,000 Into 50K

|Dogecoin (CRYPTO: DOGE), created by Billy Markus and Jackson Palmer, is a cryptocurrency created as a joke, based on the "Doge" meme, humoring the speculative nature of cryptocurrencies.

Will Ethereum Became Deflationary After 'The Merge?'

|Ethereum’s (CRYPTO: ETH) merge scheduled for September will transition the network from Proof-of-Work to Proof-of-Stake. A researcher predicts this transition may make the token deflationary.

Binance States It Does Not Lend Or Stake 'Locked' Dogecoin

|Binance has stated that proof-of-work (PoW) tokens, including Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), that have been staked, will not be further lent out.

Indian Central Bank RBI Looks To Ban Cryptocurrencies

|In a written statement, Indian Finance Minister Nirmala Sitharaman reiterated the Reserve Bank of India's (RBI) call to prohibit cryptocurrency but said global cooperation to ban it is needed.

COTI Integrates Chainlink Keepers Into Armadillo To Automate Impermanent Loss Protection Payouts

|COTI’s (CRYPTO: COTI) latest announcement revealed that Armadillo, powered by CVI, would be using Chainlink (CRYPTO: LINK) Keepers on Polygon’s (CRYPTO:

South Korea Delays 20% Cryptocurrency Tax To 2025

|The South Korean government announced on July 21 that it would be delaying a 20% tax on cryptocurrencies to 2025.

Former BlackRock Exec Deems Bitcoin To Be 'The Amazon Of The Crypto Era'

|Former BlackRock Inc (NYSE: BLK) Managing Director Edward Dowd proclaimed that Bitcoin (CRYPTO: BTC) will stabilize once the recent bear run comes to an end.

JPMorgan Chase States Retail Demand Is Improving For Crypto

|JPMorgan Chase & Co (NYSE: JPM) stated that it believes the cryptocurrency market is ending its extreme deleveraging phase.

Major Bitcoin Whale Moves Cryptocurrency To Coinbase

|One of the largest Bitcoin (CRYPTO: BTC) whales has transferred all of its Bitcoin holdings to Coinbase (NASDAQ: COIN).

UN To Clamp Down On Crypto In Kenya And Other Developing Countries

|The United Nations (UN) has called for Kenya and other developing countries to undertake and develop thorough regulatory frameworks for cryptocurrencies.

Will The Ethereum Merge Bring Back The Bulls — Or Is It A Trap?

|Ethereum (CRYPTO: ETH) has seen a tremendous upswing in price action over the last week.

US Seizes $500K In Crypto And Ransomware Payments From North Korean Hackers

|Deputy Attorney General Lisa Monaco stated that the U.S. seized some $500,000 worth of crypto and ransomware payments from North Korean hackers. The funds have already started being returned to the victims.

BitGo Gets Clearance For Italian Operations: What You Should Know

|BitGo, a cryptocurrency custody provider, has undertaken its registration to carry out operations in Italy. What Happened: As revealed by Organismo Agenti e Mediatori (OAM), BitGo’s German wing filed for its registration to carry out digital wallet services on Friday, July 15.

Dubai Plans To Offer 40,000 Virtual Jobs To Build Metaverse Economy Amid Bear Market

|Dubai looks to offer 40,000 virtual jobs, endeavoring to build a leading metaverse economy. What Happened: In a recent plan revealed by Sheikh Hamdan bin Mohammed, Dubai’s crown prince, it was stated that Dubai looks to offer 40,000 virtual jobs and multiply the blockchain companies existing in the region by 500% by 2027.

Solana's Active Wallets Grow, But Not Everything Is Blooming

|Recent data indicate that active wallets across the Solana (CRYPTO: SOL) grew by more than 58% in 2022.

Binance.US Launches Affiliate Marketing Program After Coinbase Shuts Its Own Division Down

|The American subset of Binance (CRYPTO: BNB), Binance.US, is set to launch its affiliate marketing program.

Banking Giant BNP Paribas Partners With Metaco To Offer Crypto Custody Services

|International banking group BNP Paribas seeks to immerse itself in the digital asset space. The Paris-based company, one of the largest in Europe, has partnered with Metaco to offer cryptocurrency custody services to its users. The partnership also includes Fireblocks, a blockchain platform.

Polygon Confirms Ethereum-Compatible Zero-Knowledge Scaling Solution

|Polygon (CRYPTO: MATIC) is set to launch Polygon zkEVM, an Ethereum (CRYPTO: ETH) equal scaling solution.

Fed Survey Reveals Most Private Banks Don't Consider Crypto A Priority

|A recent survey undertaken by the Federal Reserve of the United States revealed the majority of the biggest banks across the U.S. do not deem cryptocurrencies and DeFi products a priority.