The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities. The Federal Deposit Insurance Corporation, the United States government corporation that insures depositors at U.S. commercial and savings banks, issued a financial institution letter Thursday. The letter...Continue Reading
The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users. In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said eligible customers who had been...Continue Reading
Sheila Warren said the addition of Cory Gardner was based on his experience “to build a stronger economy and support innovation” as well as his commitment to Web3 and crypto. Cory Gardner, who served as a United States senator for Colorado from 2015 to 2021, has joined the Crypto Council for Innovation, a crypto advocacy...Continue Reading
The Bitcoin 2022 conference in Miami set the stage for the announcement followed by a panel with athletes Serena Williams, Odell Beckham Jr. and Aaron Rodgers. At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers that will allow them to automatically invest a portion of their...Continue Reading
Exchange coins allow traders to have a say in projects they participate in while simultaneously providing use cases in contest funding and payment. What are some of the most widely known exchange coins? The list includes Binance, Coinbase, FTX, OKEx, Kucoin and HitBTC. There are over 90 different exchange coins, according to CoinMarketCap, many belonging...Continue Reading
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well. Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, former chief strategy officer of Blockstream, named three new jurisdictions that would be adopting or proposing to adopt Bitcoin (BTC)...Continue Reading
BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8’s options expiry. Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see on April 7 is a result of that. Currently, a new COVID-19 variant has caused the Chinese...Continue Reading
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100. Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to...Continue Reading
The founders of the U.S investment group, Preston Johnson and Eben Smith, are highly-regarded for creating popular NFT projects Pixel Vault and PunksComics, and Digital Collectibles Agency, respectively. Following an unsuccessful venture in purchasing English football team Bradford City F.C in December 2021, WAGMI United — an innovative Web3 brand utilizing blockchain mechanics and the...Continue Reading
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin. The U.S. dollar’s ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse correlation with the dollar since January 2022. BTC/USD daily price chart featuring correlation with DXY. Source:...Continue Reading
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