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BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
12.5.2023
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens...
yPredict Crypto Startup Enters Stage 5, Nears $1 Million Mark as Investors Scoop Up Tokens Ahead of 28.5% Price Increase
12.5.2023
Investors are rushing to secure ground-breaking AI-powered trading and market intelligence platform yPredict’s $YPRED crypto token, which continues to fly off the shelves in one of this year’s hottest crypto start-up fundraising presale rounds.
yPredict’s viral presale, which has already scooped...
Crypto Leaders Turn to the UAE As Frustration Grows With US Regulators
12.5.2023
Some cryptocurrency leaders are turning to the United Arab Emirates as others are showing irritation with US regulators.
Saqr Ereiqat, co-founder of venture-building firm Crypto Oasis, told CoinTelegraph that the UAE checks all the boxes in terms of countries’ “regulatory infrastructure, digital...
Today in Crypto: Silvergate to Delist from NYSE & Fire 230 Staff, US Trains Ukraine to Target Russian Oligarchs’ Crypto, LG NFT TV
12.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Silvergate to Delist from NYSE & Fire 230 Staff, US Trains Ukraine to Target Russian Oligarchs’ Crypto,...
Ripple Managing Directior: 'Crypto Bros Are a Problem' – Calls for More Diversity in Industry
12.5.2023
Ripple managing director Sendi Young has called for diversity in the crypto industry, citing the Crypto Bros culture as a roadblock to inclusion.
Seeing that the Crypto Bros stereotype still exists in the crypto industry shows diversification is far from the space.
Young said this at the Crypto...
New tech could make crypto and Web3 wallets more convenient
12.5.2023
Developers are working on ways to get rid of seed words and even private keys, while still keeping users in control
ChatGPT Crypto Price Predictions: Top 5 Coins to Buy Now
12.5.2023
As the sun rises on another day in the crypto cosmos, a new breed of celestial bodies are gathering momentum, preparing to take their shot at the moon.
These aren't your everyday altcoins or DeFi tokens, these are the fastest growing moon-shot crypto projects of 2023, the shooting stars...
UAE infrastructure for crypto is more ‘business-friendly’ than the US, says exec
12.5.2023
Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse also expressed their sentiments over US regulation at the Dubai Fintech Summit
80% Drop in No. of Licensed Estonian Crypto Firms – What’s Caused the Fall?
12.5.2023
There has been an 80% drop in the number of registered crypto firms operating in Estonia, official data has revealed.
Per a release from the government-run Anti-Money Laundering Data Bureau, 389 firms have either had their operating licenses revoked or have asked for their permits to be withdrawn...
Job Cuts at Silvergate as Crypto-Friendly Bank Winds Down After FTX Collapse
12.5.2023
Silvergate Capital, the parent company of now-defunct crypto-friendly bank Silvergate Bank, has announced another major layoff that would impact 230 employees.
In a recent filing with the Securities and Exchange Commission (SEC), the company said it would have just 80 employees left by the end...
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
12.5.2023
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens
Miami's Enthusiasm for Crypto Wanes Ahead of Annual Bitcoin Conference
12.5.2023
Amid a bearish crypto market, Miami and its mayor Francis Suarez are seemingly losing their enthusiasm for cryptocurrencies and the blockchain technology, according to some industry observers. ...
Read More: Miami's Enthusiasm for Crypto Wanes Ahead of Annual Bitcoin Conference
SEC beyond crypto: HSBC and Scotia hit with fines over WhatsApp use
12.5.2023
Both HSBC and Scotiabank have not been very supportive of the cryptocurrency industry's adoption in recent years
Visa Card holders at Crypto.com can now use Google Pay in Brazil
12.5.2023
Google Pay assists users in seeking a convenient way to execute a financial transaction. While its advanced mechanism is based on the country of operation, the basic functionality is more or less the same. Meaning, no matter the region, customers using Google Pay can make payments using the mobile...
Cardano Price Prediction Looks Bearish and This New Eco-Friendly Crypto Is a Better Alternative – Here's Why
12.5.2023
Cardano (ADA) continues a month of tumbling price action that has seen a troubling -20% bleed out over the past 27 days.
With Cardano bulls currently battling to consolidate above a key support level at $0.35, ADA is trading at $0.36 (marking a 24 hour change of +1.81%).
As price action descends...
Texas votes to add crypto into state’s bill of rights
12.5.2023
Texas lawmakers vote to add digital currency to the state's Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading
Dogecoin Price Prediction as DOGE Reaches $10 Billion Market Cap But Crypto Experts Say AiDoge is a Better Buy – Here's Why
12.5.2023
The price of Dogecoin (DOGE) has dropped by 1.5% in the past 24 hours, with its slip to $0.070790 canceling out a brief return to a $10 billion market cap earlier this morning.
DOGE's fall today means it has lost 10% in a week and 13.5% in the last 30 days, with the meme token now up by only 0.5%...
Russian Firms ‘Already Doing Business in Crypto’ – And Say They’ve ‘Every Right to Do So’
12.5.2023
A top Russian politician says domestic firms are “already” doing business overseas in crypto – and says they think they are within their legal rights to do so.
The nation’s vehemently anti-crypto Central Bank has recently agreed to the creation of a law that will allow certain firms to trade...
Crypto VCs made $2.6B worth of deals in the first quarter of 2023
12.5.2023
Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared to 2022. Meanwhile, early-stage rounds are down 16.7%
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
12.5.2023
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto...