During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token exchanged hands for $10.36 per coin, but dropped more than 40% to $6.21. Since the token’s all-time low and Bored Ape Yacht Club (BAYC) owners …
Continue reading “Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners”
Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central …
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Investor and personal finance author Robert Kiyosaki says the Russian invasion of Ukraine has drastically changed how the world views Bitcoin (BTC) and crypto assets. Kiyosaki says in a tweet that crypto assets are being transformed into a “safer haven” compared to national currencies. “BITCOIN and WAR. Investor’s Business Daily reports many Russians using Bitcoin …
Ripple CEO Brad Garlinghouse is celebrating a recent court decision to deny the U.S. Securities and Exchange Commission (SEC) a motion seeking to strike the payment company’s fair notice defense. In the ongoing lawsuit, the SEC alleged that the payments company unlawfully sold XRP as an unregistered security, a position the regulator maintains to this …
HodlX Guest Post Submit Your Post Recent reports note that Wang Jingwu, vice president and chief risk officer of Industrial and Commercial Bank of China, authored a whitepaper which detailed for the China Financial Journal the necessary laws, in his view, required for the country’s CBDC. He argues for a legal blueprint which has been described as needing …
It’s a hard rock life for one crypto user. A clumsy keystroke and the actions of a sniper bot caused a million-dollar mistake on March 10. A rock valued at 444 ether (ETH), or $1.2 million, sold for 444 Wei ($0.0012) to a bot as the seller, DinoDealer confused WEI and ETH. In a tweet, the …
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While the Ukrainian government has moved to legalize Bitcoin (BTC) amid the ongoing attacks from the Russian military, some of the largest local banks have reportedly banned their clients from buying BTC using the national currency. PrivatBank, the largest commercial bank in Ukraine, has temporarily restricted its customers from purchasing Bitcoin with the national currency, …
Continue reading “Ukraine’s largest savings bank halts Bitcoin buys with hryvnia — Report”
Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders patiently await paradigm shift Data from Cointelegraph Markets Pro and TradingView showed BTC/USD preserving $40,000 support overnight and with it, the area highlighted as “crucial” …
Continue reading “Bitcoin holds $40K as on-balance volume hints at multi-month BTC price breakout”
Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as they “plan to increase hashrate faster than the whole network in 2022.” Publicly listed Bitcoin miners projected hashrates. Source: Arcane Research …
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On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro …
Continue reading “Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million”
press release PRESS RELEASE. Meme coins have been trending for a while now in the crypto space and most of them are animal related. Dogs, in particular, are the most popular meme element used in global meme coin community. From Dogecoin to Shiba Inu (SHIB), the success of numerous meme coins has been witnessed by …
Continue reading “12-Year-Old Prodigy-Created Project, TheRandomDao, Listed on LBank”
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three European Supervisory Authorities (ESAs) issued a joint statement warning …
Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy. He expects the price of the cryptocurrency to hit $500K. “We see an adoption cycle that accelerates … going viral everywhere,” he said. Bitcoin Is a ‘Great Alternative’ in Some Economies …
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the crypto community, the SEC’s “requests” for information “are overburdensome, don’t feel particularly voluntary, and are stifling innovation.” US Lawmakers Want Answers From SEC U.S. Representatives …
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Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly. The program is supported by partnerships with German supply chain company Seedtrace and South African telecoms company MTN Group. Koa said it hopes to “improve transparency and …
Continue reading “Blockchain tracking sweetens the pay of Ghana’s cocoa farmers”
