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Bitcoin and Ethereum U-Turned, Altcoins Slide
1.4.2022
Bitcoin price failed to clear the USD 48,000 resistance zone and traded below USD 45,000. It is currently (04:29 UTC) down 5% and trading near USD 44,700.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a move below the USD 3,250 support. XRP...
Financial Heavyweight Woori to Launch B2B Crypto Wallet Management Platform
1.4.2022
South Korea’s Woori Fund Service – a part of the financial business group that also comprises the commercial bank heavyweight Woori Bank – will team up with the domestic crypto exchange GDAC to unveil a business-to-business (B2B) crypto wallet management solution.
Hanguk Kyungjae reported that...
Spanish Retail Giant El Corte Inglés to Open Crypto Exchange – Report
31.3.2022
The Spanish retail behemoth El Corte Inglés is reportedly ready to come good on hints last year that it was eyeing a move into the world of crypto – and might join forces with the “global big four” auditing company Deloitte to launch a crypto exchange....
Read More: Spanish Retail Giant El Corte...
European Parliament Committee Passes Controversial Crypto Regulation of 'Unhosted Wallets'
31.3.2022
In another installment of the European Union’s discussions on the controversial Transfer of Funds Regulation (TFR), the European Parliament’s Committee for Economic and Monetary Affairs (ECON) has passed a controversial draft that could exert a negative impact on the industry.
The provisions...
Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
31.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____
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Read More: Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC
31.3.2022
US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals.
The legislation bans the Fed from developing...
Financial Markets Not Ready for Bitcoin-Backed Bonds – MicroStrategy CEO
31.3.2022
The financial markets of the world are not ready for bonds backed by bitcoin (BTC) yet, according to the CEO of the enterprise software firm MicroStrategy, Michael Saylor. However, El Salvador’s planned “volcano bonds” could be a different story....
Read More: Financial Markets Not Ready...
Blockchain.com More than Doubles its Valuation to USD 14B in 12 Months
31.3.2022
The crypto wallet operator and exchange service Blockchain.com has more than doubled its valuation to the USD 14 billion mark in the space of a year, the firm has claimed....
Read More: Blockchain.com More than Doubles its Valuation to USD 14B in 12 Months
Bitcoin and Ethereum on Pause, SOL and ZIL Surge
31.3.2022
Bitcoin price is consolidating below the USD 48,000 resistance zone. BTC bulls seem to be protecting losses below USD 46,500. It is currently (04:24 UTC) consolidating just above USD 47,000 and is almost unchanged in a day.
Meanwhile, ETH must clear USD 3,450 to gain bullish momentum. XRP...
Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'
30.3.2022
Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.
At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise...
Crypto Industry Rallies Ahead of Vote on Controversial EU Crypto Regulation
30.3.2022
As the European Union institutions are advancing their discussions on the controversial Transfer of Funds Regulation (TFR), crypto industry representatives are looking to hamper the proposal’s potentially harmful impact on the sector’s future development....
Read More: Crypto Industry Rallies...
Bitfinex Says Customers Ready to Splurge USD 0.5B on El Salvador’s Bitcoin Bonds
30.3.2022
The crypto exchange Bitfinex, which will host the issuance of El Salvador’s much-talked-about bitcoin (BTC) bonds, says that it has already received “half a billion dollars” worth of interest in the offering from its customers.
The Financial Times quoted Bitfinex Chief Technology Officer Paolo...
Messi Inks USD 20M Deal in Another Crypto Marketing Effort
30.3.2022
Argentine professional footballer Lionel Messi has signed a deal worth over USD 20m to promote digital fan token company Socios.com in another sports-crypto marketing effort.
As part of the deal, Messi will be involved in a promotion campaign for Socios in the 2022 FIFA World Cup, which...
Bitcoin and Ethereum Consolidate Gains, AAVE and CHZ Rally
30.3.2022
Bitcoin price failed to stay above the USD 48,000 level and corrected below USD 47,500. It is currently (04:53 UTC) consolidating gains near USD 47,150 and might remain well bid above the USD 46,200 support zone.
Similarly, most major altcoins are consolidating gains. ETH tested USD 3,480...
Coinbase Wants to Hire All-Action Bodyguard – But Only if This Hero Likes Crypto
29.3.2022
The American crypto exchange giant Coinbase is on the hunt for a crypto-loving all-action hero – and has posted a surreal job posting for an “Executive Protection Senior.”...
Read More: Coinbase Wants to Hire All-Action Bodyguard – But Only if This Hero Likes Crypto
MicroStrategy Leverages Bitcoin Holding to Buy Even More BTC
29.3.2022
MicroStrategy, the US-based enterprise software firm led by Bitcoin (BTC) bull Michael Saylor, has taken a bitcoin-secured loan of USD 250m from Silvergate Bank, with the company planning to use the money to buy even more BTC.
The loan, issued as an interest-only term loan by Silvergate Bank...
US Proposed Unrealized Gains Tax May Become 'Penalty for Being Successful' in Crypto
29.3.2022
The proposed 20% tax on unrealized gains put forward by the US Department of Treasury’s 2023 Revenue Proposal could potentially become a “penalty for being successful,” according to Shehan Chandrasekera, Head of Tax Strategy at crypto tax software specialist CoinTracker....
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Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD
29.3.2022
One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact.
After last year launching what miners tagged “the stupidest idea” of 2021, suggesting that the Bitcoin protocol...
Grayscale Would Consider APA Lawsuit if SEC Rejects its Bitcoin ETF Conversion Application, Says CEO
29.3.2022
The US-based major cryptoasset management firm Grayscale CEO Michael Sonnenshein has suggested that the fund manager may take legal actions against the US Securities and Exchange Commission (SEC) if the agency rejects the former's bid to convert its Bitcoin (BTC) trust into an exchange-traded...
Bitcoin and Ethereum Consolidate Gains, LUNA and WAVES Rally
29.3.2022
Bitcoin price remained in a positive zone above the USD 46,500 support zone and even tested the USD 48,000 level. It is currently (04:00 UTC) consolidating gains near USD 47,500 and eyeing more gains above the USD 48,000 level.
Similarly, most major altcoins are trading in a positive zone....