The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto assets until there is clarity on the …
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As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021 will be remembered for Bitcoin’s historical adoption as legal tender in El Salvador. The …
Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entrepreneurs and cryptocurrency businesses have been increasingly capitalizing on Chinese miners getting rid of their crypto mining machines, Al Jazeera reported Wednesday. “The moment China banned …
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Op-Ed: The real reason El Salvador adopted Bitcoin El Salvador’s bold decision to adopt Bitcoin as legal tender inspired countless critical headlines, even before fresh-faced president Nayib Bukele’s November announcement of plans to build a volcano-powered Bitcoin City. 3 min read Go to Source
The TVL of Ethereum Layer 2 projects increased 600% from Q3 to Q4, surpassing a peak of $7.17 billion on Nov. 25. The highest TVL as of Dec. 11 was Arbitrum ($2.4 billion), followed by dYdX ($980 million), with Boba Network in third, with a TVL of $770 million. Footprint Analytics: Layer 2 TVL Footprint …
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Astroport will allow users to opt between different pool types within a single AMM system while leveraging support for all of Terra’s asset types. The stage is set for the swap and pooling functionality launch, as $1.2 billion in liquidity was successfully migrated from Terra’s DEX Terraswap to Astroport’s smart contracts. ASTRO generators’ dual distribution …
Rising cryptocurrency use in Africa over the past few years has not only shown that digital currencies are now a vital means of moving funds across borders and between people, but that cryptocurrencies are also an important means of accessing global markets for the financially excluded. Cryptocurrency Now a Necessity Despite ongoing efforts by regulators …
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S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will keep growing by complementing traditional …
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …
The cryptocurrency market has continued to slip downwards after a disappointing Christmas. Its total cap has fallen by around 3% in the past 24 hours, to $2.37 trillion. Most major cryptocurrencies are responsible for driving this dip, with bitcoin (BTC) and ethereum (ETH) each dropping by 2.5%. However, while this festive season has been an …
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A popular crypto strategist and trader is unveiling his crypto portfolio as we close out 2021, claiming that he snagged one under-the-radar altcoin. Pseudonymous analyst The Crypto Dog tells his 719,500 followers that he’s holding Bitcoin (BTC) and other layer-1 altcoins like Near (NEAR) and Fantom (FTM). “Long BTC (less trades > more profit)DUSK (investment, …
Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. Unveiling the latest data from across exchanges on Dec. 28, Glassnode on-chain analyst TXMC pointed the finger at fresh changes in China for rising balances elsewhere. Binance “absorbing” orphaned Huobi users The end of December is …
Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year. Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ongoing discussions around crypto regulations, exchange-traded funds (ETFs) and …
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ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into metaverse as it now plans to launch a new metaverse-focused ETF. ProShares on Tuesday filed with the U.S. Securities and Exchange Commission (SEC) for an ETF focused on metaverse, called the ProShares Metaverse Theme ETF. Subject …
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Blockchain data research firm Arcane Research has taken a look at the year that was in its final report for 2021 and offered its predictions for crypto markets going into 2022. Arcane’s Dec. 28 The Weekly Update report focuses on Bitcoin (BTC) and Ethereum (ETH) but delves into other major coins, decentralized finance (DeFi), meme …
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