$46,000 is now the next level of interest for traders, while behind the scenes, Terra keeps buying BTC. Bitcoin (BTC) closed in on its highest level of the month on March 25 with traders hoping for an end to months of consolidation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra BTC stash nears $1 billion...Continue Reading
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation. The Central Bank of Jamacia recently announced that it would be launching its central bank digital currency (CBDC), dubbed the Jamaican Digital Exchange, or Jam-Dex, in the first quarter of 2022. According to...Continue Reading
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval. Leumi Bank, one of the largest lenders in Israel, reportedly started to accept Bitcoin (BTC) and Ether (ETH) trading. According to a Thursday report by Reuters, Pepper Invest, Leumi’s digital platform, partnered with blockchain infrastructure provider Paxos to launch crypto...Continue Reading
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill. United States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C. As Gillibrand specified, she and Lummis are undertaking...Continue Reading
ADA price is now in a notorious selloff area that coincided with the price crashing by 40% in January 2022. Cardano (ADA) inched higher on March 25, putting itself on course recoup a great portion of losses that it had incurred in the first two months of this year. Cardano: not so bullish yet? ADA’s...Continue Reading
South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software. South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two distinct crypto-related objectives during its...Continue Reading
Complying with the rules puts South Korea ahead of the curve for regulating virtual assets, but may be harming the domestic industry with overbearing transfer restrictions between exchanges. South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the...Continue Reading
YG is seen in the music video holding a Ledger cold storage USB close to a smartphone which has a screen bearing a wallet app with more than $30.6 million worth of BTC in it. Keenon Dequan Ray Jackson, the rapper who goes by the name YG appears to show off a fat $30 million...Continue Reading
Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits. Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process. Beckham will release a series of NFTs and...Continue Reading
A bundle of interrelated documents remind financial institutions of their responsibilities and look at the state of crypto regulation in the U.K. The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized finance. The BoE report was released on...Continue Reading
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