The limitations of the EU’s new cryptocurrency regulations

The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023.  The setback, however, was caused solely by technical …

Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K

Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price support inches lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day. The pair …

US agencies recommend old risk management principles for crypto liquidity

In a joint statement released by three United States federal agencies, the banking sector was advised against creating new risk management principles to counter liquidity risks resulting from crypto-asset market vulnerabilities. The Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) …

Bitcoin difficulty adjusts 10%, surpassing 180T, a new all-time high

Bitcoin difficulty adjusts positively for the third time in 2023, with two double-digit positive adjustments. Quick Take Bitcoin difficulty has adjusted by 10% positively, at an all-time high, surpassing 180T. Of the last 42 adjustments in difficulty, 30 have been positive, which shows the exponential rate of hash rate in the past two years. CryptoSlate …

JPMorgan to Open Blockchain Innovation Lab in Greece

Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development in New Innovation Lab JPMorgan, the investment …

Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in …

Strategist at $1,300,000,000 Digital Asset Fund Predicts Next Crypto Bull Market Will Be Record-Breaking

The chief investment officer of crypto fund Bitwise Asset Management, Matt Hougan, is expressing optimism about the digital asset markets over the next few years. In a new interview on The Wolf of All Streets YouTube channel, Hougan says he is “epically bullish on the next three years.” According to Hougan, the next bull cycle …

Analyst Says Ethereum-Based Altcoin on Cusp of 80% Rally, Sets Targets for Avalanche and Polkadot

A popular crypto analyst is updating his outlook on three altcoins as the digital asset markets witness a corrective move. Starting with The Graph (GRT), pseudonymous analyst Cred tells his 47,800 YouTube subscribers that the blockchain data indexing protocol could surge by around 80% from the current levels if the wider crypto market rallies. “This …

Coordinated global crypto policies: G20 key financial stability priority

The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications of crypto assets and recommended formulating a coordinated global policy. India’s Finance Minister, Nirmala Sitharaman, has historically supported creating crypto regulations in partnership with other …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version