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Japanese Stablecoin Ban Lifted, Banks Prepare Move
1.6.2023
Japanese firms can now issue stablecoins, after a long-awaited piece of legislation came into effect today.
The revised Payment Services Act was promulgated at midnight on June 1, 2023.
Under the terms of the act, all token-issuing firms must be able to prove they have the underlying assets that...
Bitcoin on-chain and options data hint at a decisive move in BTC price
30.5.2023
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions
Whales move 40B Shiba Inu as Shiberium sets milestone; Tradecurve to launch one of a kind exchange
29.5.2023
The latest buzz in the crypto community revolves around an intriguing event: whales moving a staggering 40 billion Shiba Inu (SHIB) tokens. While the movement of large digital assets is not uncommon, the timing is significant. It coincides with a major milestone for Shiberium, the L2 blockchain...
Epic Games’ bold move: 20 NFT games onboarded
29.5.2023
Epic Games already houses 5 gaming titles in its portfolio. Now, its chief executive Steve Allison has announced that Epic Games will soon be launching 20 more NFT games for the gaming community, allowing them to indulge in the best blockchain gaming experience. Called a bold move the launch of...
Blockchain-Based Re-Usable KYC ‘Particularly Valuable in Web3’ — Cheqd CEO Fraser Edward
28.5.2023
According to Fraser Edward, the CEO and co-founder of the public permissionless network, Cheqd, one of the main hurdles faced when attempting to move data stored on Web2 servers to Web3 is “establishing a clear and scalable revenue model.” Edward however suggested overcoming this hurdle...
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday
China Central Television airs crypto segment in rare move
24.5.2023
CCTV programming has an audience of over 1 billion within Mainland China
Bitcoin, Ethereum Technical Analysis: Dollar Weakness Pushes BTC Higher, as Biden Fails to Secure Debt Deal
23.5.2023
Bitcoin rebounded on Tuesday, as a result of weakness in the U.S. dollar, following failed talks to tackle the debt ceiling crisis. President Biden stated, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan...
Biggest Movers: TRON Nears 1-Year High, Whilst ADA Snaps 4-Day Bear Run
22.5.2023
Tron rose for a fourth consecutive session on Monday, pushing the token to an eleven-month high. The move comes despite current sentiment of uncertainty in the cryptocurrency market. Cardano was also higher, snapping a losing streak in the process. TRON (TRX) Tron (TRX) rose close to...
Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases
22.5.2023
The blockchain game sees fiat onramps such as Apple Pay as a means onboarding the next 100 million users to Web3, STEPN chief operating officer Shiti Manghani told CoinDesk
Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms
22.5.2023
U.S. President Joe Biden says he will not agree to “a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk” as the U.S. faces the risk of defaulting on its debt obligations. “I’ve done my part,” Biden stressed, adding that it is now time...
These four altcoins could be ready for an up-move if Bitcoin rallies above $27,500
21.5.2023
Bitcoin price could be gearing up for a decisive move, which could set the stage for XRP, LTC, RNDR and CFX
Tether Plans 15% of Its Net Profits Into Bitcoin in Move of Confidence
17.5.2023
Tether, the world’s largest stablecoin issuer by market capitalization, said it is planning to invest 15 percent of its net profits into bitcoin to strengthen its reserves.
Tether said it expects the move to “strengthen and diversify” its reserves of its $1 pegged stablecoin, in a statement...
Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk
16.5.2023
The vulnerability was located in a file that translates human-readable code into machine language for storage
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
14.5.2023
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, as Bulls Enter the Market
13.5.2023
Bitcoin bounced back from a near two-month low on Saturday, as bulls moved in to buy the recent dip in price. Saturday’s move came as the cryptocurrency rebounded from a recent support point, after yesterday’s breakout. Ethereum was also higher, climbing above $1,800. Bitcoin Bitcoin...
Investors move to Yachtify as Algorand and Polkadot stall
11.5.2023
Cryptocurrency investors are constantly on the hunt for what would become the best-performing digital. At different times in the past, Algorand and Polkadot were considered great investment choices. However, investors are beginning to move to what many market analysts call the next big thing...
Elon Musk Shares ‘Massive Incentive to Move Money out of Bank Accounts’
9.5.2023
Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. “As more people & companies realize this, bank depositor flight will accelerate...
Biggest Movers: XRP, SOL Move 5% Lower to Start the Week
8.5.2023
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. XRP Xrp, formerly known...