The new regulation enables decentralized autonomous organizations to establish contracts with third parties, open bank accounts, and pay taxes, along with providing liability protection to its members. Wyoming Governor Mark Gordon has signed into law a bill establishing a legal framework for the formation and management of decentralized autonomous organizations (DAOs). The bill was sponsored...Continue Reading
This week’s Crypto Biz covers MicroStrategy’s debt issuance to buy Bitcoin, the SEC’s delay on Ether ETFs, Fantom’s request for Multichain’s liquidation and more. Bitcoin’s bull market is currently in full swing thanks to flows from exchange-traded funds (ETFs) and market anticipation of the next halving. During February, BTC’s price jumped 45%, breaking $60,000 for...Continue Reading
Bitcoin hit a new all-time high, but the failure to sustain the breakout suggests that bears remain active at higher levels. Bitcoin (BTC) made a new all-time high, skyrocketing to $70,199 on Coinbase exchange, indicating that buyers remain in the driver’s seat. However, the bears have not allowed the price to maintain above $70,000, suggesting...Continue Reading
Amid a marketwide bullish run, Uniswap’s UNI token has reached a new two-year high. Cryptocurrency exchange ShapeShift has settled a lawsuit with the United States Securities and Exchange Commission (SEC). The case dates back to 2021, before it became a decentralized autonomous organization (DAO). Uniswap’s (UNI) token blasted to two-year highs amid the marketwide bullish...Continue Reading
The legendary hip hop artist who once rapped on A Tribe Called Quest’s seminal hit “Scenario” is now in the metaverse. TCG World, an online virtual community sandbox, recently partnered up with Chooky Records, a blockchain music label, to bring hit music from O.T., ELESIA iiMURA, and Busta Rhymes to the metaverse. The first product...Continue Reading
ETH price set a new multi-year high at $4,000 right as Bitcoin price hit a new all-time high. Ether’s (ETH) price topped the $4,000 level for the first time since December 2021. Ether climbed from a price of $3,873 on March 8, soaring more than 4% in the last 24 hours and 74% year-to-date, to...Continue Reading
COIN stock has rebounded to surpass the $250 mark for the first time in two years. Over the past 12 months, Coinbase shares have climbed more than 300%. Coinbase (COIN) stock has shown notable growth in recent weeks, returning to its listing price and trading above $252 at the time of writing, representing a 60%...Continue Reading
Discover trading strategies to capitalize on Bitcoin halving events and optimize your investment returns in the cryptocurrency market. The next Bitcoin halving will occur in April. Based on historical trends, Bitcoin (BTC) often undergoes notable price fluctuations before and after a halving event. However, despite the potential for volatility, there are investment opportunities, and conducting...Continue Reading
Stablecoin flows to exchanges highlight traders’ belief that the crypto market is ready to rally higher. On March 8, Bitcoin (BTC) price hit a new all-time high at $70,083, and even though the price corrected sharply after hitting a new high, stablecoin data suggests that traders are preparing for higher prices. There is an uptick...Continue Reading
Dive into the differences between buying Bitcoin in a peer-to-peer transaction on an exchange and investing in Bitcoin ETFs. Transactions for spot Bitcoin via exchange-traded funds (ETFs) were a distant dream in 2013 when the Winklevoss twins submitted the first application for an ETF tracking the cryptocurrency’s price. Over 10 years later, in 2024, the...Continue Reading
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