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Mexico’s Central Bank to Launch its Digital Currency in Next 3 Years to “Advance Financial Inclusion,” says the Government
The central bank of Mexico will launch its own digital currency by 2024, announced the Mexican government on social media. “Banxico reports that it will have its own digital currency in circulation by 2024,” the Mexican government wrote on its official Twitter account this week. дальше »
2021-12-31 21:39
Coinbase Predicts Substantial Growth of Newer L1 Chains & Institutionalization of Regulated DeFi
Cryptocurrency exchange Coinbase is seeing a growing focus on Ethereum competitors, the institutionalization of decentralized finance (DeFi), and non-fungible tokens (NFT). This week, Surojit Chatterjee, Chief Product Officer at Coinbase, released some predictions for 2022. дальше »
2021-12-31 19:54
Russia’s Largest State-Owned Bank Introduces Country’s First Crypto and Blockchain ETF
Sberbank, the largest and state-owned Russian bank, has introduced the country’s first exchange-traded fund (ETF) to offer exposure to companies involved in the blockchain industry. The fund launched by the bank is called Sberbank Blockchain Economy ETF that trades on the Russian stock market under the ticker “SBBE,” Sber Asset Management said in a statement. дальше »
2021-12-31 17:48
SEC Commissioner says NFTs Might Fall Within Their Jurisdiction, Gensler Hires Senate Aid for Crypto Policy
The US Securities and Exchange (SEC) Commissioner Hester Peirce commented on crypto market participants like Coinbase and Senator Cynthia Lummis (R-Wyo. ) calling for one regulator to oversee the cryptocurrency market. дальше »
2021-12-31 16:59
A Possible Crypto Recovery Moving Into New Year, Risk-on Sentiments Send The Stock Market to Another Record High
Bitcoin and Ether continue to struggle as they trade around $48k and $3,800 respectively on Friday. The leading cryptocurrency is now testing a key technical level that has been acting as a floor for Bitcoin over the past two years. дальше »
2021-12-31 16:38
UAE Introduces New Law to Combat Crypto Crime, Allows Licensed Cryptocurrency Offering & Promotion
The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over $272k), starting January 2, 2022. дальше »
2021-12-30 20:14
StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet
A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2. дальше »
2021-12-30 19:48
Binance Registering As A Money Services Business in Canada, Exchange is Financing a $113M Initiative in France
The leading cryptocurrency exchange Binance will continue to operate in Ontario, Canada, after having a successful discussion with the regulators. In June, the exchange told its users that they would no longer stay open in Canada’s most populous province and asked users to close their accounts by Dec. дальше »
2021-12-30 18:11
The Sandbox Game Is Migrating to Ethereum Sidechain Polygon and Launching A DAO in 2022
Virtual real estate platform, the Sandbox, is planning to move to Polygon, a layer-2 scaling solution for Ethereum, to better cater to its growing audience. Polygon has been seeing an increasing amount of interest from applications and users who are priced out of Ethereum due to its high fees and slow processing. дальше »
2021-12-30 17:15
Bitcoin and Ether Dump More Going Into Year-End, ETH Killers Showing Great Momentum
Just before the end of the year, the crypto market continues to take a beating. After the initial green start of the last week of 2021, prices have only been going down. This rout further extended to late Wednesday and early Thursday when Bitcoin price dipped further just under $45,900 and Ether to about $3,585. дальше »
2021-12-30 16:43
South Korean Exchange Suspends Withdrawals to External Wallets, Govt. Reaches Out to Apple and Google to Block P2E Apps
One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register their wallet address with the exchange, “in accordance with […] The post South Korean Exchange Suspends Withdrawals to External Wallets, Govt. дальше »
2021-12-29 20:07
Iran Shuts Down Crypto Mining for Second Time This Year, Bitcoin Hash Rate Remains Strong
Iran has yet again issued an order to shutdown the authorized cryptocurrency mining centers to ease the strain on the country’s power plants and avoid a blackout, said Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co. дальше »
2021-12-29 19:08
Newly-Signed Defense Bill Calls For A Digital Strategy, Sen. Warren Slams Crypto for Wealth Concentration
Democratic Senator Elizabeth Warren, a crypto skeptic, again criticized cryptocurrencies, saying they are not the path to financial equality. “The crypto industry claims that crypto is the path to financial inclusion, but bitcoin ownership is even more concentrated within the top 1% than dollars. дальше »
2021-12-29 18:52
Robinhood’s Crypto Wallet Will Enter Beta Phase for Waitlist Users in Mid-January
Zero-commission stock and crypto trading app Robinhood (Nasdaq: HOOD) announced on Wednesday that it would be launching the beta phase of its cryptocurrency wallet next month. The wallets will be rolled out to thousands of customers from the waitlist, growing to more than 1. дальше »
2021-12-29 17:58
Polygon Fixes A Bug That Would Have Led To The Loss Of $23.65 Billion In MATIC Tokens
Ethereum side-chain project Polygon has paid out a $2. 2 million bug bounty in stablecoins to whitehat Leon Spacewalker and another $1. 26 million to Whitehat2 in MATIC tokens for reporting the critical vulnerability in the protocol. дальше »
2021-12-29 16:54
Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally
The market is struggling to turn bullish as price takes a dip ahead of massive year-end options expiry on Friday, with the “max pain” point at $48k. The post Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally first appeared on BitcoinExchangeGuide. дальше »
2021-12-29 16:41
Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%
Amidst this, another P2E game DeFi Kingdoms (JEWEL), has captured the interest of users, which is not listed on any exchanges and is seeing a gradual increase in users and transaction volume. The post Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72% first appeared on BitcoinExchangeGuide. дальше »
2021-12-28 18:34
Japan’s Ministry of Economy, Trade, and Industry Experimenting with NFTs
The Ministry of Economy, Trade, and Industry (METI) of Japan will be conducting the first demonstration experiment using NFT technology in the fashion sector, as per the local reports. Under this experiment, an NFT will be attached to an outfit created by the designers. дальше »
2021-12-28 17:55
UST Grows 55x to Become the 4th Largest Stablecoin, Terra DeFi Ecosystem Amasses $18B in Assets
As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone. дальше »
2021-12-28 17:07
Short-term Holders’ Bitcoin Stake Drops as Price Falls Below $50k; Stock Market Rallies to New Highs
Meanwhile, Mexico's third-richest billionaire continues to encourage his followers to invest in bitcoin and avoid fiat while the vice chairman of Alibaba Group announces, “I like crypto.” The post Short-term Holders’ Bitcoin Stake Drops as Price Falls Below k; Stock Market Rallies to New Highs first appeared on BitcoinExchangeGuide. дальше »
2021-12-28 16:46
Binance Receives In-Principle Approval from Bahrain, Registers for an MSB License in Canada, and Gets Fined in Turkey
The leading exchange is yet to complete a full application process, but Bahrain central bank said licensing is just “a matter of formalities” and touted the kingdom as “the perfect place” for Binance to set up its headquarters in the region. дальше »
2021-12-27 21:22
Over 77% of the SOS Airdrop Was Claimed by OpenSea Users
The biggest claim was 63.6 billion SOS tokens, while the smallest was just over $6. The token price is down 43% from its all-time high hit on Christmas Day. The post Over 77% of the SOS Airdrop Was Claimed by OpenSea Users first appeared on BitcoinExchangeGuide. дальше »
2021-12-27 19:35
Bitcoin Is Back Above $51k and Ether $4,100 as The Cryptocurrency Market Goes Green
To mark the beginning of the last week of 2021, the crypto market is enjoying the greens. After the quiet weekend, on Monday, the total crypto market capitalization has risen 2. 8% to $2. 55 trillion. дальше »
2021-12-27 17:43
Ray Dalio says, Bitcoin Is An “Alternative Money” While NFTs An Investment; May Also Become A Type of Money
As for Elon Musk putting a literal Dogecoin (DOGE) on the moon, the Bridgewater Associates founder finds it “cute” and wants to know “what's next.” The post Ray Dalio says, Bitcoin Is An “Alternative Money” While NFTs An Investment; May Also Become A Type of Money first appeared on BitcoinExchangeGuide. дальше »
2021-12-27 16:36
City of Jackson Takes First Step to Add Crypto to its Employees Payroll
A request for proposal (RFP) has been opened to allow third-party platforms to apply to be the city's crypto converter. The post City of Jackson Takes First Step to Add Crypto to its Employees Payroll first appeared on BitcoinExchangeGuide. дальше »
2021-12-24 18:25
Dogecoin Foundation Working with Ethereum Co-Founder Vitalik for DOGE Staking Proposal
Dogecoin Foundation is working with Vitalik Buterin, the co-founder of Ethereum, on crafting a DOGE proposal for a ‘Community Staking’ version of Proof-of-Stake (PoS) that will allow every coin holder to stake their coins and earn rewards for their contribution to running the network. дальше »
2021-12-24 17:38
Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year
Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide. дальше »
2021-12-24 16:56
Is This The Beginning of the Santa Rally? Markets Jump in Asia Session
The crypto market is green again going into the weekend. Bitcoin rose to $51,500 on Friday in the Asia trading session during the winter festival season with thin liquidity. While sentiments are turning, Bitcoin hasn’t got out of its range yet and is still down 25. дальше »
2021-12-24 16:32
Bored Ape Yacht Club (BAYC) Flips CryptoPunks Floor Price, But Only Briefly
For the first time, the floor price of Bored Ape Yacht Club (BAYC) NFTs has flipped that of CryptoPunks. The flippining happened on Wednesday when the lowest price at which BAYC was available for sale went to 53. дальше »
2021-12-24 20:11
UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon
In his proposal, Polygon co-founder Mihailo Bjelic said they would commit up to $20 million to incentivize Uniswap adoption. The post UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon first appeared on BitcoinExchangeGuide. дальше »
2021-12-23 19:41
SEC Rejects Another Spot Bitcoin ETF, Binance Announces New System to Remove BNB from Circulation
Ahead of the winter season holidays, the crypto market is struggling to maintain its gains. While many are expecting the liquidity thin weekend to send crypto prices higher into the year-end, for now, the market is stuck. дальше »
2021-12-23 19:20
SEBA Bank Submits A Proposal To Be A Whitelister to Aave Arc
The bank says its clients are showing “significant interest” in accessing DeFi yields, but due to regulatory restrictions, they can’t yet deploy liquidities at a large scale in Aave. The post SEBA Bank Submits A Proposal To Be A Whitelister to Aave Arc first appeared on BitcoinExchangeGuide. дальше »
2021-12-23 00:09
Credit Unions Seeking Approval to Hold Crypto Directly to Compete with Banks
Credit unions risk losing members to banks and seeing their industry “start to shrivel” if they can’t offer products that people want. The post Credit Unions Seeking Approval to Hold Crypto Directly to Compete with Banks first appeared on BitcoinExchangeGuide. дальше »
2021-12-22 20:07
Loopring Launches L2 Wallet with zKRollup Baked In, Ethereum L2 Developer StarkWare Introduces L3
Loopring also announced direct L2 fiat on-ramps to “onboard the masses” while ZK-rollups focused StarkWare targets applications’ need for specific tailoring with L3. The post Loopring Launches L2 Wallet with zKRollup Baked In, Ethereum L2 Developer StarkWare Introduces L3 first appeared on BitcoinExchangeGuide. дальше »
2021-12-22 17:53
Trump Warns of A Crypto Explosion Bigger Than Big Tech While Appreciating Former First Lady’s NFT Plans
Former US President Donald Trump is now yet again warning about cryptocurrency, calling it “very dangerous. ” In an interview with Fox Business, which was published this week, Trump was asked about his views on crypto as Miami and New York are working on becoming a crypto hub and making it part of their financial systems. дальше »
2021-12-22 17:08
Bitcoin Aims for $50k Ahead of Low-Liquidity Holiday Season as Girls Who Code Refuse to “Miss Out” on Crypto
“There's a lot of fear when there's something new,” said Girls Who Code founder Reshma Saujani, who sees a “huge opportunity with crypto and NFTs.” The post Bitcoin Aims for k Ahead of Low-Liquidity Holiday Season as Girls Who Code Refuse to “Miss Out” on Crypto first appeared on BitcoinExchangeGuide. дальше »
2021-12-22 16:24
Time Will Tell Whether Bitcoin Has The Store Of Value, says JPMorgan Wealth Management CEO
The executive said, “a lot” of JPMorgan clients see crypto as an asset class and want to invest in it. But it is blockchain that’s “very real” to the bank, which is developing a system for payments with Siemens. дальше »
2021-12-21 22:31
BitMEX Launches BMEX Token for Active Users, US Not Eligible for Airdrop
Crypto derivatives platform BitMEX has launched its own token, BMEX, which will be airdropped to account holders by February 1, 2022. In a post on Tuesday, the exchange announced the launch of the token that current and new active users can start earning. дальше »
2021-12-21 19:42
Japanese Messaging App Line With 160 Million Users Is Launching An NFT Platform
“NFTs will transform the digital space and innovate the user experience in all areas, such as content, gaming, social and commerce,” said LineNext CEO. The post Japanese Messaging App Line With 160 Million Users Is Launching An NFT Platform first appeared on BitcoinExchangeGuide. дальше »
2021-12-21 18:39
Bitcoin and Ether Breaks Trend With Outflows While Altcoins Continue to See Inflows
Purpose Investments recorded the largest inflows yet again while the discount on Grayscale’s Bitcoin Trust (GBTC) hit a new low of 21.36%. The post Bitcoin and Ether Breaks Trend With Outflows While Altcoins Continue to See Inflows first appeared on BitcoinExchangeGuide. дальше »
2021-12-21 17:36
Binance Signs A Deal With Dubai World Trade Center After DWTC Creates a Specialized Crypto Zone
While Dubai works on setting up an international crypto ecosystem, Russia’s central bank does “not see room for cryptocurrency on the Russian financial market.” The post Binance Signs A Deal With Dubai World Trade Center After DWTC Creates a Specialized Crypto Zone first appeared on BitcoinExchangeGuide. дальше »
2021-12-21 17:07
Cryptocurrencies Sees Fresh Signs of Green, But Will It Last This Time?
Investors hope for a Santa Claus rally into the year-end, a positive market performance next week. OI has also begun to rise. The post Cryptocurrencies Sees Fresh Signs of Green, But Will It Last This Time? first appeared on BitcoinExchangeGuide. дальше »
2021-12-21 16:40
Increasing Number of Financial Regulators Are Leaving for Crypto Exchanges, Warns South Korea
South Korean politicians are raising concerns over cryptocurrency brain drain, and they are calling on public officials to stop joining crypto companies for bigger paychecks. According to a Financial Times report, an increasing number of financial regulators and police officers are leaving for crypto firms as the industry bolsters its compliance divisions. дальше »
2021-12-21 23:31
Bank of England to Coordinate with International Regulators for Stricter Crypto Rules
The Bank of England to step up its talks with the international counterparts on a regulatory regime for cryptocurrency next year. In an interview with The Times, Sarah Breeden, executive director for financial strategy and risk at the central bank, said that as banks begin to offer crypto-assets trading and custody services to clients, global […] The post Bank of England to Coordinate with International Regulators for Stricter Crypto Rules first appeared on BitcoinExchangeGuide. дальше »
2021-12-20 21:44
Are Bitcoin Bulls Dead? BTC Funding Rate Remains Low to No Avail
Bitcoin price is struggling, currently trading around $46,000, down 33. 5% from its all-time high. Ever since hitting its ATH at $69,000 early last month, BTC has been on a constant decline. This month, every attempt of the leading cryptocurrency to rise has only sent it lower. дальше »
2021-12-20 19:04
VCs Pour In $30 Billion, A 4x of 2018’s High, Into The Cryptocurrency Market In 2021
Venture capital funds have poured about $30 billion into the cryptocurrency market in 2021, which is more funding than all the previous years combined. The previous high was around $8 billion in 2018, during the bear market following the 2017 bull market where Bitcoin hit a new all-time high of $20,000. дальше »
2021-12-20 17:47
Crypto Outliers: Terra (LUNA) Amasses $16.9 Bln & Surpass BSC, Avalanche (AVAX) Aims for 1 Million Daily Transactions
While the broad crypto market is getting hammered, some coins emerge as outliers. Bitcoin and Ether are stuck in a range and are currently sitting around $46k and $4,800, respectively, while the total crypto market is at about $2. дальше »
2021-12-20 16:13
MicroStrategy Is Considering Lending or Putting A Mortgage Against its Bitcoin Holdings
Business intelligence company MicroStrategy is now looking for ways to generate yields on its Bitcoin stash. On the company's investor day call with shareholders, CEO Michael Saylor said they could lend a portion of Bitcoin holdings to a “trustworthy counterparty. дальше »
2021-12-19 21:20
Short-Squeeze into Year End? JPMorgan Says Market and Retail Investors Showing Resilience
Bitcoin continues to trade under $47,000, not showing any strength yet. While BTC is currency down 32% from its all-time high of $69,000, the cryptocurrency is near its ATH against the Turkish Lira. дальше »
2021-12-19 20:57
Paraguayan Senate Passes Bill to Regulate Crypto Trading and Mining
The Senate of Paraguay has passed a bill that will regulate the trading and mining of cryptocurrencies in the country. Paraguayan Senator Fernando Silva Facetti, one of the three authors of the bill, confirmed this on Twitter, saying Paraguay’s Chamber of Deputies will discuss the bill next year. дальше »