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The recent crypto market crash has seen even the largest coins drop from their high levels by as much as 30%, or even more in some cases. Meanwhile, the crypto industry started delving deep into speculation, trying to determine what exactly was the cause of the price drop. origin »
Despite Bitcoin and cryptocurrencies being in a free-fall lately, more major institutions are still piling to offer crypto funds to their clients. Major U. S. bank Wells Fargo recently announced that it wants to introduce professionally managed funds for its institutional clients. origin »
Bitcoin took a massive nosedive on Wednesday, dropping as much as 24% within hours. The world’s most valuable cryptocurrency has now shed an astonishing $500 billion in aggregate market value. origin »
Torexo Finance, an international investment platform, offers investors various opportunities to create value for their financial investments. Since 2016, Torexo Finance has been creating effective investment products for their clients to help them generate value for their financial and human capacities. origin »
Mike Novogratz agrees with Scott Minerd, saying that only the best projects will survive origin »
BitMEX Research grantee Calvin Kim has demonstrated how the Utreexo client can speed up the Bitcoin Initial Block Download by 62%. origin »
The World Economic Forum (WEF) has criticized China for its recent announcement ordering banks to block bitcoin related transactions. Sheila Warren, Deputy Head of the Center for the Four Industrial... origin »
India’s central government is currently considering the possibility of creating a regulatory framework for cryptocurrencies in the country—instead of a complete ban proposed in the past, several sources told The Economic Times today. origin »
Inner Mongolia, which recently banned bitcoin mining, has established a hotline for reporting illegal operations. origin »
Bitcoin has been trending down for five days now. Another piece of bad news came Wednesday, as the People’s Bank of China said digital tokens can’t be used as a form of payment. After the announcement, both BTC and ETH saw a 5% drop. origin »
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with power outages in Sichuan, China, and the upcoming difficulty change. origin »
The Australian Minister for Financial services and the digital economy, Senator Jane Hume, has sounded a warning to crypto investors telling them to be aware of the risks associated with the assets. origin »
Leading Oracle solution Chainlink Labs would be joining the Hedera Governing Council, the governing arm of the distributed ledger company Hedera Hashgraph. This was made known in an announcement on its website. origin »
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] origin »
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […] origin »
Central bank digital currencies (CBDCs) are rapidly moving towards global implementation, per a report from Bison Trails. According to the blockchain startup, several countries are exploring the use cases for CBDCs. origin »
Joint Task Force On Crypto According to the Treasury Secretary Janet Yellen appointee, a combination of the OCC, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) may soon end cryptocurrencies' regulatory uncertainty. origin »
The fund will help blockchain startups develop user-facing products such as DeFi protocols, NFT… The post CMBI and Nervos launch $50M blockchain development fund appeared first on Coin Journal. origin »
The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U. S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the approval of any additional charters to nonbank entities” during the review. origin »
The market for non-fungible tokens (NFTs) experienced rapid growth in early 2021, both in total value of sales and generation of public interest. What caused the bubble, and has it already burst? Non-fungible tokens (NFTs) have been around since the mid-2010s but it wasn’t until 2017 that the industry caught people’s attention. origin »
BTC’s price decline presents an opportunity for short-sellers to make profitable trades. origin »
GPU manufacturer Nvidia has made its GeForce RTX cards unappealing to cryptocurrency miners. origin »
The value of the cryptocurrency markets dropped by 600 Billion in the last two days, and at the time of writing this article, the global market cap stands at 1. 74 Trillion. We have seen first-time investors exit the market during this drop-off, and visionaries capitalized on this buying opportunity. origin »
For the trailing 7-day period, Ether has seen a massive slip from its impressive all-time high (ATH) price of $4,362, falling in tandem with the global cryptocurrency industry. The cryptocurrency, native to the Ethereum blockchain has had a good run prior to that time, as investors accumulated the coin ahead of main network upgrades. origin »
Centralized finance is represented by the traditional money markets which work through a system of banks, institutions, brokers and at the head of the chain is the Federal Reserve or your regional Central Bank, which makes decisions on behalf of your country or region as to what its monetary policy should be. This is very […] origin »
Undoubtedly the biggest storyline this tax season was how crypto holders would pay their taxes if accountants, lawyers and even the IRS had trouble accounting for it. xDai, a truly decentralized stable payments blockchain, is now offering such a service through a partnership with CryptoTaxCalculator. origin »
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
India is looking to adopt a friendlier approach regarding digital assets amid uncertainty of… The post India Set to Review its Murky Crypto Rules with New Committee appeared first on Coin Journal. origin »
The Bitcoin price has seen a huge slide - pro-trader Josh Olszewicz looks at what happened and summarizes what to be watching out for for the remainder of 2021 origin »
North Africa’s largest bank, National Bank of Egypt, joins RippleNet via LuLu International Exchange to process cross-border payments from the UAE to Egypt. The post National Bank of Egypt and LuLu International Exchange Connect Through RippleNet to Elevate Remittance Experience into Egypt appeared first on Ripple. origin »
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