Following the strategic footsteps of El Salvador, the Mexican Senate is all set to decide the future of a highly-anticipated bill that would make Bitcoin a legal tender currency. In the latest development, Mexican senator, Indira Kempis of the State of Nuevo León, has revealed her plans of making Mexico a crypto-friendly state by presenting …
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Working as one of the largest cryptocurrency exchanges in the United States, Gemini Exchange has become a proud member of the Crypto Council for Innovation (CCI). On February 24, 2022, the CCI announced that starting this week, Gemini will be joining the list of crypto-friendly entities focused on encouraging lawmakers on drafting a strong regulatory …
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A top crypto analyst is warning investors that two popular altcoins have bearish outlooks despite outperforming various other digital assets over the past couple of months. Pseudonymous analyst Smart Contracter tells his 205,200 Twitter subscribers that stablecoin issuer and Ethereum-competitor Terra (LUNA) looks like it will have rough seas ahead. “LUNA, another of the leaders …
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BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure. According to a report from City A.M., customers will be able to store the world’s most popular cryptocurrencies, Bitcoin (BTC) and Ether (ETH), in BNY Mellon crypto wallets which are powered by Fireblocks …
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The week-long period that OpenSea gave users to migrate their nonfungible token (NFT) listings ends today. Following the deadline, the platform announced that some features on the site may not be available temporarily due to the migration. On Feb. 19, OpenSea pushed a new smart contract and urged users to start the migration of their …
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The team at Zilliqa has incorporated the ZRC-7 standard for NFTs ZRC-7 standardizes the structure of NFT metadata to provide a simpler experience for NFT creators It provides a unified structure for NFTs, complementing previous standards of ZRC-1 and ZRC-6 The new standard was implemented after feedback from the community The team at Zilliqa (ZIL) …
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Bitcoin bulls retaliated Thursday evening (GMT) to take back losses triggered by the Russia-Ukraine crisis. The 20:00 (GMT) hourly candle peaked at $39,700, a 16% gain from the local bottom before sellers stepped in, driving the price down to close at $38,400, leaving a long top wick in the process. Since then, $BTC has been …
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BNY Mellon, America’s oldest bank, announced that it has partnered with Chainalysis to integrate the latter’s compliance software suite with its multi-asset digital custody and administration platform. “BNY Mellon plans to integrate the full Chainalysis compliance software suite to assess broader cryptocurrency trends and granular activity in support of its compliance and due diligence practices.” …
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The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication of the law is imminent. …
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Following Russia’s invasion of Ukraine, volatility in bitcoin and ethereum prices intensified, with both falling to one-month lows on Thursday. Both have since moved away from these lows so far today, in what looks like temporal consolidation. Bitcoin As of writing, cryptocurrency markets are up by over 7% on Friday, with bitcoin trading 8% higher …
Ankara University has become the first higher education institution in Turkey to organize a course on non-fungible tokens (NFTs). The freshly-launched lecture has been attended by high-ranking government officials, local media reported. Leading University in Turkey Begins Course on NFTs Ankara University has added a course on NFTs to its curriculum, becoming the first Turkish …
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On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at …
Crypto markets are witnessing massive liquidations as the period of stagnation pushes deep-pocketed investors into adopting less volatile currencies such as stablecoins. According to digital assets-focused market intelligence platform Coinglass, nearly 1750,000 traders have liquidated their crypto assets in the past 24 hours, with $675.82 million in total money flushed. Flagship cryptocurrency Bitcoin (BTC) saw …
Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization. Cruz said he is very bullish on Bitcoin because it is highly decentralized and cannot be controlled by any government or entity. He went on to cite the example of an ongoing …
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Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia’s invasion, data shows. According to monitoring resource CoinGecko, on Feb. 24, volume at Kuna almost trippled to over $4 million. Crypto on the radar of Ukrainians As the armed conflict with Russia began, the impact on …
