The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval. Last week, there was a lot of regulatory talk about crypto-related risks. While this is very common in itself, some angles and proposed solutions to such risks came across as novel. In...Continue Reading
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal. On Monday, Bitcoin (BTC) dropped to $40,500, reaching a crucial level that erased the gains from the previous three weeks when the price peaked at $48,200 on March 28. According...Continue Reading
The Shark Tank star discussed Bitcoin, layer-1 cryptocurrencies and the future of crypto adoption in an exclusive interview with Cointelegraph. How does Bitcoin (BTC) mining incentivize green technology? What are the biggest barriers to crypto adoption among institutions? What’s next for stablecoin regulations? Cointelegraph Business Editor Sam Bourgi sat down with Kevin O’Leary at this...Continue Reading
Looks like its latest raise brings Epic Games’ valuation to $31.5 billion. Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is still subject to customary regulatory approvals,...Continue Reading
Macro, technicals and uncertainties concerning Terra’s LUNA-burning mechanism could push the price further down in April. Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning mechanism. Bitcoin (BTC) and Ether (ETH) led to a decline in the rest of the cryptocurrency market,...Continue Reading
Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy. Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO. Highlights of the filings include plans for...Continue Reading
Citizens in countries with heavily devalued currencies “need to have crypto.” In the developed world, it’s often just “nice to have.” Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.” According to the report, 41%...Continue Reading
The outlook for the coming months is pain for risk assets, but central banks have a reality check of their own coming, say analysts. Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin edges toward...Continue Reading
Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch. The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday...Continue Reading
The bridge financing fund becomes the first UK-based company to establish such partnership with a U.S. platform. Whitehall Capital, a London-based loan provider, struck a deal with an American digital asset securities marketplace Securitize to enable its investors to hold their units as blockchain tokens. According to an April 11 announcement, Whitehall investors will be able...Continue Reading
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