European policymakers have backed away from passing rules which would have unfairly targeted Bitcoin for environmental reasons. Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when proposed cryptocurrency legislation was altered to not include a ban on proof-of-work- (PoW)-based crypto assets. Policymakers had raised a number of concerns about the relative...Continue Reading
BlackRock CEO believes the current crisis added with growing inflation would lead to the formation of a global digital payment network. Larry Fink, the CEO of the world’s largest asset manager BlackRock, believes the ongoing Russia – Ukraine crisis has boosted the case for digital currencies as a tool of settlement for international transactions. In...Continue Reading
A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA’s massive upside move. MINA, a utility token backed by a “lightweight” smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date. The coin rallied by about 75% to...Continue Reading
44% of Germans are motivated to invest in crypto according to a report released by KuCoin; what do the experts think? The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland. Notably, 44% of Germans are...Continue Reading
The mayor reportedly said the City Hall had learned more about cryptocurrencies and blockchain and how to utilize them for improved city services. In an effort to embrace virtual money, the city of Portsmouth, New Hampshire, will allow residents to pay their bills in Bitcoin (BTC) and other cryptocurrencies. Deaglan McEachern, the city’s mayor, proposed...Continue Reading
APE has closed above a key interim support level, raising its possibilities to extend its rebound move. ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz. APE’s price surged 7.5% intraday to reach around $14.50 per piece. Notably,...Continue Reading
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by Blockchain protocol Terra fuelled optimism. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView The BTC buys keep coming Data from Cointelegraph Markets Pro...Continue Reading
Cross-chain protocol Stargate Finance has generated over $1.9 billion TVL in just six days following an Alameda Research buying spree. Stargate Finance, a cross-chain protocol designed to assist users in transferring assets between different blockchains, has accrued over $1.9 billion in total value locked (TVL) in less than a week after launching. Stargate markets itself...Continue Reading
Floyd Mayweather’s latest bout with the crypto space will see him enter the Metaverse with a new NFT collection. Legendary boxing champion Floyd Mayweather is taking another jab at the crypto space by launching a new NFT and Metaverse project called the Mayweverse. The nonfungible tokens (NFT) will feature the likeness of Mayweather himself and...Continue Reading
“The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery” said lawyer James K. Filan. The U.S. Securities and Exchange Commision (SEC) has...Continue Reading
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