“We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets,” said Alvin Tan. The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records...Continue Reading

Whales have dumped 178,150 BTC in a five-month period, which amounts to $8.39 billion at current price levels. After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders...Continue Reading

The new Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the firm introduced its first wallet HW1 back in 2015. Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in nonfungible tokens (NFTs). The new product,...Continue Reading

MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average. Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and...Continue Reading

Lower volumes and strong resistance levels continue to pose downside risks for DOGE prices despite the rebound. Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token....Continue Reading

Cointelegraph caught up with Animoca Brands co-founder Yat Siu at NFT LA to learn more about DAOs, Web3 and why NFTs are critical. The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in...Continue Reading

Tesla CEO Elon Musk recently bought a 9.2% stake in Twitter, making him the largest stakeholder in the social media firm. Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more...Continue Reading

FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. FTX US has signed an agreement...Continue Reading

The university will use Cardano’s insights to conduct further research on blockchain-related topics. Non-profit organization Cardano Foundation has announced a three-year collaboration with the Blockchain Center of the University of Zurich (UZH BCC) to further research initiatives and explore blockchain education development.  Through the partnership, the foundation will work with the Blockchain and Distributed Ledger...Continue Reading

Smaller Bitcoin entities are rapidly adding to their BTC stash, but this has preceded price tops in times gone by. Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst...Continue Reading