In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to Securities and Exchange Commission (SEC) Chairman Gary Gensler, challenging the regulator’s scrutiny of cryptocurrency firms and expressing concern that “overburdensome” investigation may be suffocating the crypto industry. They suggest the SEC is drowning companies in …
Continue reading “Congress members concerned SEC stifling innovation with crypto scrutiny”
A popular crypto analyst thinks conditions might soon be ripe for Bitcoin (BTC) to break out of its stagnant trend. In a new strategy session, Nicholas Merten tells his 512,000 subscribers that BTC’s recent lull is nothing new and a normal part of the top crypto asset by market cap’s price cycle. “The way Bitcoin …
Coin Metrics co-founder Nic Carter is outlining the advantages leading digital asset Bitcoin (BTC) has over traditional commodities such as gold. In a new interview with Peter McCormack on the What Bitcoin Did podcast, Carter says that compared to BTC, gold has many modern-day problems that can’t be overlooked. With nations around the world sanctioning …
Continue reading “Russia-Ukraine Conflict Demonstrating Advantages of Bitcoin over Gold: Nic Carter”
Cointelegraph’s senior reporter, Rachel Wolfson visited South by Southwest (SXSW) — a ten-day annual technology, film and music festival based in Austin, Texas — to connect with, and interview, a melting pot of pioneers, luminaries, and enthusiasts from the crypto, blockchain and Web3 industries. Wolfson spoke to Darryl McDaniels — known culturally as DMC — founding …
Continue reading “Run-DMC’s McDaniels at SXSW: Blockchain can take the power back for artists”
Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s current total value stands at $3 billion, down roughly 70%. KLAY/USD on Binance. Source: TradingView Although not as well known as the leading smart contract blockchains, Klaytn …
Continue reading “Klaytn token down 15% in a month, but network’s TVL shows resilience”
Summary: $Ape Coin token is launched on 16 March, 2022 by ApeDAO The tokens goal is to steward the growth of the Ape ecosystem in a fair and inclusive way. The token is available to trade in various exchanges such as FTX & Huobi Today, on March 16, 2022, ApeCoin DAO introduced their coin $ApeCoin …
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Global banking giant HSBC has purchased a plot of virtual land in The Sandbox metaverse as part of a newly announced deal with the virtual world platform. Financial and other details of the partnership were not disclosed. Delighted to announce we’ve partnered with @HSBC, one of the world’s largest international banking & financial services providers! …
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Most markets saw a significant increase this morning fueled by an FT report that said Russia and Ukraine were drawing up a neutrality plan to end the war. However, a major correction ensued in a matter of hours as the Ukrainian government disputed the report saying the “peace plan” was actually the requesting position from …
AMC has announced a 22% acquisition in Hycroft Mining Holdings for a $27.9 million investment. Commenting on the deal, AMC CEO Adam Aron said he saw parallels between Hycroft’s current situation and AMC a year ago, adding that the investment could turn out mutually beneficial. “It, too, has rock-solid assets, but for a variety of …
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believing his personal information had been used to facilitate a drug trafficking and money laundering scheme,” detailed the DOJ. DOJ Returns Bitcoin Stolen From …
press release PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bobatama (BOBA) on March 16, 2022. For all users of LBank Exchange, the BOBA/USDT trading pair is now officially available for trading. Bringing the first ever EVM compatible multi-chain ghost wallet to the world, …
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On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage point and further noted the Fed …
In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans to introduce NFTs in the “near term.” Meta CEO Hints NFT …
Quantitative analyst Plan B is unveiling a possible scenario where leading digital asset Bitcoin (BTC) skyrockets close to $300,000 this year. The pseudonymous analyst took to Twitter to tell his 1.7 million followers that the stock-to-flow (S2F) model is hinting at a big price rise for BTC. Plan B is known for applying the S2F, …
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Jake Chervinsky, head of policy at crypto advocacy group the Blockchain Association, said the United States should be careful to avoid a “totalitarian nightmare” in its potential launch of a central bank digital currency, or CBDC. Speaking at Austin’s SXSW festival on Tuesday in a panel on ‘Financial Surveillance in a Cashless Society’, Chervinsky said …
