Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision


The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provision of virtual asset custody services. Hong...

Bitcoin & Ethereum soar after appreciating against USD & Gold


Glassnode recently revealed data regarding Bitcoin and Ethereum. It solidified what investors have already witnessed for the past several months. Both Bitcoin and Ethereum have expanded their dominance across the financial market. The cryptocurrencies have secured massive appreciation against gold...

Yuga Labs & Magic Eden team up to launch new Ethereum Marketplace


Yuga Labs, a leader in the Web3 space and the owner of BAYC (Bored Ape Yacht Club), Meebits, 10KTF, CryptoPunks, Twelvefold, and Otherside, recently announced a partnership with Magic Eden, a pioneer in cross-chain NFTs, to launch an Ethereum-based marketplace for Magic Eden by December 2023. This...

Jurat Launches Layer-1 Mined by Attorneys


PRESS RELEASE. A group of attorneys and blockchain engineers are building a new Bitcoin fork blockchain using an emerging legal enforcement protocol that bridges the blockchain to state and federal courts. Called Jurat, the protocol enables capabilities like freezing disputed coins or recovering...

Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume


Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...

The hype cycle and Bitcoin Cash: How speculation influences future prices?


The “Hype Cycle” concept is emerging as a fascinating and influential phenomenon. In this article, we will focus on Bitcoin Cash (BCH) and examine how the interplay of speculation, hype, and market sentiment influences the world of digital currencies. Cryptocurrencies, particularly BCH, have been...

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