Arbitrum Overview Arbitrum Price Change 24h -0.01% Arbitrum Price Change 7d -5.15% Arbitrum Market cap $1,195,808,932.59 Arbitrum All time high $11.80 Arbitrum All time low $0.91 Arbitrum Price Prediction 7d $0.901744 –7.76 Arbitrum Fear-Greed Index 39 Fear Arbitrum Volatility 7.59% Arbitrum Green Days 13/30 (43%) Our real-time ARB to USD price update shows the current Arbitrum price as $0.96 USD.…
Month: August 2023
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party. A parliamentary ethics subcommittee of South Korea has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party (DP), the local news agency Yonhap reported on Aug. 30. The subcommittee…
Grayscale Bitcoin Discount Hits 18-Month Low Amid SEC Court Win
The discount between Grayscale’s Bitcoin Trust (GBTC) price and the value of Bitcoin has dropped to its lowest level since December 2021, hitting 18.06% this morning, per Coinglass data. Currently, Grayscale Bitcoin Trust holds $17.10 billion worth of Bitcoin. The move came after Grayscale won a landmark victory against the SEC yesterday. A D.C. circuit court explained that the Commission…
Crypto lawyer about SEC: ‘Problematic to imply all NFTs are securities’
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it co… Source: https://cointelegraph.com/public/index.php/news/nft-sec-says-nfts-are-securities-triggers-community-feedback
Google Cloud to digitize El Salvador’s governance, healthcare and education
Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country. The partnership aims to digitize the country, update government services and improve the healthcare and education systems. The GDC will also help bring infrastructure closer to where data is generated for…
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tires, at its Panther Creek plant in Nesquehoning. Local environmental activists are preparing to oppose the initiative. We are calling on state regulators and DEP with @earthjustice @pennfuture to deny a permitting request from Stronghold Digital Mining to burn…
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC
Bus and taxi operators in Jamaica are eager to use the country’s in-house central bank digital currency (CBDC) — Jam-Dex — as locals seek operational efficiencies and reduced costs and security risks. The Central Bank of Jamacia launched Jam-Dex, short for Jamaican Digital Exchange, in 2022, which was supported by an airdrop event to expedite its widespread adoption. More recently,…
SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
Analysts say the best-case scenario for crypto is that the Securities and Exchange Commission approves the batch of spot Bitcoin ETFs, but the agency may exerci… Source: https://cointelegraph.com/app/public/index.php/news/sec-decisions-on-seven-bitcoin-etfs-in-six-days
GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “discount” in 2024. In an X post on Aug. 30, monitoring resource CoinGlass predicted that the so-called “GBTC premium” would soon return. GBTC price: From “elevator to hell” to “stairway to heaven?” Grayscale netting a court victory over United States regulators on Aug. 29 provided an…
Nigeria calls on global experts for national AI strategy co-creation
Nigeria is extending an invitation to scientists of Nigerian heritage, as well as globally renowned experts who have worked within the Nigerian market, to collaborate in the formulation of its National Artificial Intelligence (AI) Strategy. According to Bosun Tijani, the Minister of Communications, Innovation and Digital Economy, who made the announcement on X (formerly Twitter), the National Information Technology Development…