The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament. The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Policy Directorate Vicky Saporta said...Continue Reading

BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic. Bitcoin (BTC) price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain at the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly...Continue Reading

United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency. Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives...Continue Reading

Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum. Bitcoin (BTC) and the United States equities markets are trying to start the week on a positive note but some analysts are skeptical about the short-term prospects of the markets. According to Bloomberg...Continue Reading

Blur’s liquidity heist on OpenSea continues as each project competes in royalties, fees and decentralized governance. Blur, a NFT marketplace, has seen its trading volumes and total sell-side liquidity skyrocket since conducting an airdrop on Feb. 14, 2023. The reason for the spike could be the start of season 2 airdrops, where 10% of BLUR...Continue Reading

The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others. Blockchain Founders Fund, a venture capital fund supporting the adoption of Web3 and blockchain technology, has announced the close of a $75 million fundraising round from companies such as Polygon, Ripple, Octava,...Continue Reading

The partnership will grant the 200,000+ users across Phaver and other Lens-based Web3 apps access to daily Cointelegraph content. Cointelegraph is proud to announce its partnership with Phaver, a mobile Web3 social application with over 140,000 monthly users. The partnership will provide daily Cointelegraph content to Phaver users and others across applications built on the...Continue Reading

Inflationary cryptocurrencies have a continuously increasing supply, while deflationary cryptocurrencies have a decreasing supply. Is Ether inflationary or deflationary? The classification of Ether as either inflationary or deflationary is a topic of debate. Supporters of the inflationary argument may point to the absence of a hard cap on Ether’s supply. However, the programmed decrease in...Continue Reading

The San Francisco-based cryptocurrency exchange referred to its “listing standards” in a tweet. Coinbase will suspend trading for Binance USD (BUSD) stablecoin on March 13, the exchange announced Feb. 27 on Twitter. The message mentioned “listing standards” as it announced its decision.  The decision will apply to Coinbase.com (simple and advanced), Coinbase Pro, Coinbase Exchange,...Continue Reading

A strong BTC price weekly close becomes an attack on resistance levels lost the week prior as DXY headwinds lessen. Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin gains $1,000 versus weekend lows Data...Continue Reading