STG price rallied after excited investors piled into Stargate Finance, an interoperability-focused multi-chain DeFi platform. “Stargate Finance” has been trending on Twitter for the past week and while it’s too early to call for a full-blown DeFi bull market, traders have been shoveling funds into the project, which claims to be a “composable omni-chain native...Continue Reading
The significance of cracking the yearly open price as Bitcoin’s 2022 range ceiling continues to play out. Bitcoin (BTC) went on to hit its highest level since Jan. 2 on March 28’s Wall Street open as its latest bull run kept up the pace. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC dip nonessential but...Continue Reading
A United States House bill proposes a Treasury-issued, hardware-secured and anonymous form of digital cash. The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. The legislation calls for the U.S. Secretary of the Treasury to develop and...Continue Reading
BTC price charts suggest that $52,500 should be a very challenging resistance level to flip. A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoin broke out of its ascending triangle on...Continue Reading
The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says. Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulation. This statement continues the recent streak of support for the crypto industry among...Continue Reading
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April. Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin. According to information from Estadão, the third-largest newspaper read by Brazil’s 212 million...Continue Reading
“When you move past the comfort of Bitcoin, you start entertaining many other ideas,” said Cardano founder Charles Hoskinson in his keynote speech. Cardano founder Charles Hoskinson gave a keynote speech on the first day of this year’s Binance Blockchain Week, held at the Dubai World Trade Centre in the United Arab Emirates. Addressing the...Continue Reading
The proposed amendment is being carried out to prevent sanctioned countries from taking evasive actions using digital assets. Japan plans to amend its Foreign Exchange and Foreign Trade Act to bring crypto exchanges under the purview of laws that govern banks, a government official revealed on Monday. The proposed amendment is being carried out to...Continue Reading
Ether now retests a critical resistance range for a potential pullback towards $1,800. It took Ethereum’s native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022. ETH price breaks out but risks remain ETH price reached near $3,350 on March 28 after rallying by over 30% in...Continue Reading
The proposed legislation would require exchanges to verify personal data behind any transaction. Less than a week after a potential ban on Proof-of-Work (PoW) digital assets was dropped from the EU’s prospective MiCA framework, a new threat to the crypto industry could be emerging in the European Union. This time, it is non-custodial, or unhosted,...Continue Reading
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