Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.” The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the country. In a Wednesday update, the...Continue Reading

In response to the city’s COVID-19-related lockdown, Shanghai residents turned to the blockchain to preserve their experiences. The city of Shanghai has been in a month-long mandated quarantine, which confines its 25 million residents to their homes. Initially, the latest COVID-19 outbreak began in March of this year and developed into the worst infection zone...Continue Reading

The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform. Coinbase and Brazilian company 2TM, the parent company of Mercado Bitcoin, have reportedly scrapped talks around the crypto exchange purchasing the firm. According to a Tuesday Bloomberg report, 2TM and Coinbase have ended discussions around the...Continue Reading

$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears. Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances.  Adding to this “bearish”...Continue Reading

The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades. The United States Federal Open Market Committee (FOMC) concluded two days of meetings Wednesday with a widely anticipated announcement of an interest rate hike of 50 base points, or 0.5%. It is the second of an...Continue Reading

So far, so good for markets pricing in a 50-basis-point hike from the Fed, with chair Jerome Powell still to speak. Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin eerily...Continue Reading

“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the U.S. state as well as spurring...Continue Reading

Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders. Investors across the world are waiting for the outcome of the Federal Open Market Committee meeting on May 4. Although markets expect a 50 basis point rate hike and an announcement by the Fed to start...Continue Reading

The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai. The Dubai Virtual Asset Regulatory Authority, or VARA, has purchased land in the virtual reality world The Sandbox (SAND) as part of its plans to set up a metaverse...Continue Reading

Blockchain technology brings economic building blocks to games and sparks a tsunami of economic activity — inside and outside the games. Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success:...Continue Reading