Banks worldwide reportedly own €9.4 billion in crypto assets

According to a new study published by the Basel Committee on Banking Supervision, a supranational organization responsible for setting the standards on bank capital, liquidity and funding, 19 out of 182 global banks supervised by the committee reported that theyowned digital assets. Combined, their total exposure to crypto is estimated to be €9.4 billion ($9.38 billion).  In context, this represents 0.14% of the total risk-weighted asset composition of the 19 crypto-owning banks surveyed. When taken into account overall, cryptocurrencies only comprise about 0.01% of the total risk-weighted assets of all…

Bitcoin miner profitability under threat as hash rate hits new all-time high

The Bitcoin hash rate hit a new all-time high above 245 exahashes per second on Oct. 3, but at the same time, Bitcoin (BTC) miner profitability is near the lowest levels on record.  With prices in the low $20,000 range and the estimated network-wide cost of production at $12,140, Glassnode analysis suggests “that miners are somewhat on the cusp of acute income distress.” Bitcoin network hash rate. Source: Hashrate Index Generally, difficulty, a measure of how “difficult” it is to mine a block, is a component of determining the production…

#Remitano Mining Renec IMPORTANT Updates Kyc & Verifications|| #pinetwork #crypto #mining #btc #core

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Registeration Link : Join Telegram Group To get all projects registeration Links : Telegram Link : Follow on Twitter : Follow On Instagram : I’m on Instagram as @d_pi_master. |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| Follow steps to create Pi network account 1. Download from Playstore or Apple store 2. Select Country 3. Fill phone number or select facebook 4. Fill Your real name first and last name 5.Create unique username 6.Fill Invitation code: DurgeshRajput99 7. Tap to earn and start mining daily after every 24hours I…

Landshare brings the first Tokenized House Flip to the Blockchain

Despite economic uncertainties, the real estate market continues to present abundant opportunities for investors. According to Zillow, home values in the US are up 18.2% year over year. Compare this to the S&P 500 and NASDAQ Composite – which are down 16.7% and 25% respectively – and it becomes clear that real estate is holding up far better than most other assets. Investors have taken notice, and demand for real estate has never been higher — especially for fix and flip properties. In fact, houses are being flipped at a…

NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition – Bitcoin News

According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will Purchase Twitter at the Original Asking Price It seems Elon Musk is planning to follow through with his deal to acquire Twitter (NYSE: TWTR) after he wanted to drop the deal over a lack of information concerning automated accounts known as bots. The news follows…

Ethereum Marks Three Consecutive Red Weekly Closes, Will Uptober Change Its Trajectory?

Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge was completed, though, the digital asset has not performed as well as expected. ETH’s price has continuously bled out, which has led to its price relegating to the low $1,000s. As the new month begins, speculations abound on whether the cryptocurrency has what it takes to recover. Three Red Weekly Closes Along with the rest of the crypto market, Ethereum’s price…

Stock market's growing impact on the crypto currency market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Helene Braun, U.S. markets reporter for CoinDesk, joins CBS News at the closing bell to discuss what’s driving the downward trend of the crypto market, and why corporate involvement could make the online currencies lose even more of their value. #News #Cryptocurrency #StockMarket CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events…

NFT Firm Seeks US Election Commission’s OK to Market Campaign Souvenirs

“The NFT would be offered by the political committee with a focus on high volume low dollar donors consistent with the federal contribution limits,” according to the company’s FEC request. “The NFT could contain artwork, campaign literature, position papers and other campaign approved and compliant digital content including video, audio, and interactive social media.” Source CampaignCommissionsElectionFirmMarketNFTSeeksSouvenirs CryptoX Portal