EU Council approves MiCA for clear crypto regulation
16.5.2023
European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks
Lido V2 positioned live on the Ethereum mainnet
16.5.2023
At the present moment in time, Lido V2 is positioned live on the Ethereum mainnet. In the scenario of a significant upscaling of the Lido protocol, Lido V2 is able to help in the overall enhancement of the Ethereum staking exposure and simultaneously thrust the Lido protocol in the direction...
Binance CEO Changpeng Zhao Unfollows Musk: $500 Million Investment Still Stands
16.5.2023
The CEO of the crypto exchange giant Binance, Changpeng Zhao (CZ) has unfollowed Twitter owner Elon Musk on the platform - but the investment into the social media site reportedly stands.
According to Big Crypto Alert, the Binance boss unfollowed the Tesla chief on Twitter on Sunday, though...
Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research
16.5.2023
Research suggests the lack of insurance for depositors on crypto platforms induced fear among retail and institutional clients, leading to heavy withdrawals and a liquidity crunch
Gala Games pledge to brighten up the future with two major commitments
16.5.2023
Gala Games has upgraded the contract in the hopes of beginning a new era. The result is yet to be seen for the roadmap spreads across the year. However, Gala has announced that it will stick to two major developments this year, strengthening its commitment to the community. The first development...
SEC to Judge: Deny Coinbase's Call for Cryptocurrency Rule Explanation
16.5.2023
The US Securities and Exchange Commission has asked a judge to reject Coinbase’s request to compel the commission to respond to a rule-making petition that asked for clearer crypto regulation guidelines.
In a court filing Monday, the SEC said it is not mandated to meet the requirements outlined...
Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market
16.5.2023
As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said
Navi collaborates with Cetus & provides versatile gameplay
16.5.2023
Navi protocol takes extreme pleasure in calling out its official declaration regarding its forging an absolutely tactical collaboration with Cetus. Through this very coming together, both of the entities will be actively engaged in providing the opportunity for DeFi users to gain further options...
Bitcoin Cash enables CashTokens upgrade on its network
16.5.2023
BCH developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.”
Iraq Issues Ban on US Dollar Transactions to Bolster Usage of Iraqi Dinar
16.5.2023
The government of Iraq issued a ban on using the U.S. dollar for conducting business transactions on May 14. The ban, which is already in effect, is designed to bolster the usage of the Iraqi dinar, the fiat currency of the country, and to reduce the influence of the dollar and its exploitation...
EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off
16.5.2023
The EU's Council unanimously approved the landmark Markets in Crypto Assets (MiCA) regulation and new anti-money laundering measures for crypto transfers
Bitcoin Price Prediction: BTC Shatters Crucial $27,200 Level; Can 50 EMA Trigger Bounce-off?
16.5.2023
Bitcoin (BTC) has made a significant move in the market as it shattered the crucial $27,200 level.
This breakout has sparked speculation among traders and investors about the future direction of Bitcoin's price.
One key indicator to watch in the coming days is the 50-day Exponential Moving...