Fussy changes in the scope of registrations will simplify supervision, fight crime and change the way crypto firms are regulated. The United Kingdom treasury has released a consultation paper on changes to money laundering regulations that would affect the regulation of crypto assets in a number of ways. The proposed changes stem from a review...Continue Reading
Miners saw revenues climb to roughly $78.89 million on March 11, the same day the BTC price broke new all-time highs. Bitcoin’s price has been on an “up only” trend since Jan. 23, resulting in an increase in miner revenues, which reached a record high earlier this week. Data from Blockchain.com shows that daily Bitcoin...Continue Reading
Ethereum network activity growth supports the momentum, but excessive leverage in ETH futures poses a risk. Ether (ETH) price has rallied 58% in the last 30 days, outperforming the broader cryptocurrency market by 14%. Despite failing to sustain levels above $4,000, Ether managed to reach its highest price in over two years, closing the gap...Continue Reading
The Crypto Open Patent Alliance has attempted to show that Wright cannot be Bitcoin inventor Satoshi Nakamoto and make him stop claiming to be. Closing arguments began in London on March 12 in the suit brought by the Crypto Open Patent Alliance (COPA) against Craig Wright, the Australian computer scientist who claims to be pseudonymous...Continue Reading
Tim Berners-Lee made no mention of crypto or blockchain but seems bullish on the metaverse. The man credited with creating the world wide web, Tim Berners-Lee, recently gave three predictions for the future of the internet as part of an interview discussing the web’s 35th birthday. According to the tech pioneer, the next chapter of...Continue Reading
From bottom buys to stimulus checks, Bitcoin has richly rewarded those who used the events during the COVID-19 pandemic to increase BTC exposure. Bitcoin (BTC) is up nearly 2,000% versus its COVID-19 lows on the fourth anniversary of its crash to $3,600. On March 12, 2018, BTC price action began a plunge to levels never...Continue Reading
Since the Canton Network’s inception, 155 participants from 45 major organizations have settled real-world assets across 22 blockchains. Major financial institutions, including Goldman Sachs, BNY Mellon and Cboe Global Markets, have completed a large-scale pilot test using blockchain technology. According to a March 12 Bloomberg report, institutional investors executed over 350 simulated transactions via distributed...Continue Reading
The asset manager’s Opportunity Trust Fund has $1.4 billion in AUM. Patient Capital Management had revised its prospectus to replace Grayscale Bitcoin Trust in a filing with the United States Securities and Exchange Commission (SEC) submitted on March 11. In doing so, it has also modified the risk factors in its prospectus, acknowledging “cryptocurrency regulatory...Continue Reading
The U.S. Attorney’s Office says this is among the first times the U.S. has recovered USDT from an unhosted virtual currency wallet. The U.S. Attorney’s Office in Chicago, Illinois, announced the seizure of approximately $1.4 million dollars in Tether (USDT) on March 12. The funds were suspected of being proceeds from fraud via a customer...Continue Reading
The Bitcoin bull run will explode as China gets involved, $1M BTC price by 2028, tips Herbert Sim “The Bitcoin Man”, X Hall of Flame. According to Herbert Sim, aka The Bitcoin Man, the most recent bull run didnt even scratch the surface of whats to come in the crypto market, as China is yet...Continue Reading
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