Two new carbon-neutral cryptocurrency exchange-traded products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155. The SIX Swiss Exchange just announced on Monday that Helveteq is introducing two new crypto exchange-traded products (ETPs), Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether Zero / ETH2O), becoming the …
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Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level since March 16, signaling a dampening buying sentiment among traders and investors following the hacking incident. Independent …
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Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange. Proceeds will go to Fondazione Milan, the clubs’ charity arm. The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club’s home ground, San Siro stadium. It will …
Tesla CEO Elon Musk will not be joining the Twitter board of directors Twitter’s CEO Parag Agrawal shared the news of Musk not joining the Twitter board, stating that his input will always be considered whether he is on the board or not. Twitter’s CEO Parag Agrawal announced today that Tesla and SpaceX founder Elon …
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Crypto exchange Coinbase suffered a setback in India due to a breakdown in its ramping process. The company at the heart of the storm is the National Payments Corporation of India (NPCI), which describes itself as “an initiative of the Reserve Bank of India (RBI) and the Indian Banks Association (IBA).” The NPCI operates the …
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The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to …
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under a year after the Tanzanian President Samia Suluhu Hassan asked the country’s …
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The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion. Binance to Launch …
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sponsored Left your crypto taxes until the last second? Here’s how to get your crypto taxes done by April 18 with the least amount of friction possible. The IRS has been really clear that cryptocurrency is definitely taxed – and that they’re able to track crypto investments through various channels. In brief, crypto is subject …
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One of the key executives on the Avalanche blockchain, Kevin Sekniqi, has explained why simplicity is necessary for layer one networks on Web3. The executive has stated that simple blockchains will achieve the desired performance levels. Avalanche is one of the leading blockchains in the market. The network is praised because of the low gas …
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The New York State Senate is promoting clear crypto regulations. The Senate plans to empower the Department of Financial Services (NYDFS) to oversee the crypto industry. New York Senate seeks broader crypto oversight When passing the 2023 budget last weekend, the New York Senate included a provision that empowered the NYDFS to take charge of …
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A closely followed crypto strategist and trader says Bitcoin’s (BTC) price action resembles the market top of November 2021 and is ready for another deep retracement. In a new strategy session, pseudonymous analyst DonAlt says that bears have taken control of Bitcoin after bulls failed to push the market higher despite large purchases from MicroStrategy’s …
Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final hours of April 10. There is a feeling of being caught between two stools …
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The International Monetary Fund (IMF) is calling for a clear regulatory framework for the digital asset sector. Currently, the crypto market sector has a valuation of above $2 trillion, and the sector continues to attract new investors despite the lack of a clear regulatory framework. IMF links crypto to corruption A recent report surveying 55 …
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Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on April 9. The …
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