Do Kwon Keeps Stacking Bitcoin, So Terra Keeps Soaring
Huobi Plans To Launch Crypto ETF In Hong Kong- Report
admin2022-03-29T07:52:04+00:00Hong Kong-listed fund manager Huobi Technology is planning to launch an exchange traded fund (ETF) that tracks popular cryptocurrencies. The firm, which is a subsidiary of popular crypto exchange Huobi Global, intends to target retail investors with the planned ETF. Huobi has written to Hong Kong’s Securities and Futures Commission (SFC), and intends to structure the ETF such that is is accessible to retail investors whose total assets are less than HK$8 million (USD1 million). The move would be the first...
CryptoBuxx Announces First NFT Collection Tied Directly to Price of Crypto
admin2022-03-29T02:26:05+00:00<!--Try it--> <!-- -->
CryptoBuxx Announces First NFT Collection Tied Directly to Price of Crypto
Asset-Backed NFTs Are Redeemable For Cryptocurrency BOSTON, MA Mon Mar 28 2022 18:05:00 GMT-0400 (EDT) ...
Terra Buys an Additional $135 Million Worth of Bitcoin (BTC), LUNA Price Hits $100
admin2022-03-29T01:03:43+00:00Bitcoin and the broader crypto market have bounced back strongly at the start of this new week as long-term holders continue to make strong accumulation. On the other hand, Terra continues with its strong Bitcoin accumulation as part of its strategy to back the UST stablecoin. On Monday, March 28, the Terra Foundation added another $135 million worth of BTC taking their total Bitcoin purchase for the year 2022 to more than $1 billion. Terra has pledged to have $10...
UST to Become First Internet Currency to Implement ‘Bitcoin Standard’, Says Terra ($LUNA) Co-Founder Do Kwon
admin2022-03-28T23:10:00+00:00The founder of Terra ($LUNA), Do Kwon, has recently said that the Terra Protocol’s leading decentralized stablecoin $UST is going to be the first internet-native currency implementing a Bitcoin standard as part of its monetary policy. Do Kwon’s words came as he spoke to Bloomberg about the Terra...
Grayscale May Sue the SEC If Its ETF Application Is Denied
admin2022-03-28T22:24:40+00:00
Key Takeaways
Grayscale's CEO said today that his company would consider suing the SEC if it did not approve its Bitcoin spot ETF. Sonnenshein claimed the SEC was not doing everything it could do protect investors as long as they were forced to trade crypto by other means. He remains confident that the SEC would eventually approve a Bitcoin spot ETF, though.Share this article
Grayscale might sue the SEC if it does not approve its application for a Bitcoin spot...
Grayscale May Sue SEC If It Rejects Its Bitcoin ETF Again- CEO Sonnenshein
admin2022-03-28T21:27:04+00:00With the US Securities and Exchange Commission (SEC) reluctant to approve a Bitcoin spot exchange traded fund (ETF) application, one of the companies whose application is before the regulator has revealed that it could be willing to sue the agency if it continues to reject applications.
All options are on table
Michael Sonnenshein, the CEO of Grayscale while speaking at a Bloomberg Markets interview asserts that all options are on the table, including legal actions against the SEC. This is coming...
Members of Congress Introduce “E-Cash” Bill
admin2022-03-28T17:49:16+00:00
Key Takeaways
Congressional Representatives have introduced a bill that call upon the Treasury to prepare a digital dollar E-Cash. E-Cash is meant to preserve privacy and operate without needing access to the Internet. The bill is co-sponsored by Democrats, though the legislation appears to address certain concerns of Republican lawmakers.Share this article
Representative Stephen Lynch (D-MA) has introduced the Electronic Currency and Secure Hardware (ECASH) Act. It is a bill that, among other things, directs the Treasury Secretary to make a...
BNB Chain to Introduce Sidechains in Bid to Further Support Resource-Intense Applications
admin2022-03-28T17:20:00+00:00The BNB Chain network, formerly known as the Binance Smart Chain, is set to launch application-specific sidechains in a bit to support resource-intense applications such as play-to-earn games, while reducing strain on the main network. According to The Block, the BNB Chain Application Sidechain (BAS) will allow developers...
ApeCoin Price Prediction: RSI Bearish Divergence Hints Price Correction Toward $13.0
admin2022-03-28T16:17:45+00:00Ape price locks in gains for the third straight day on Monday. However, bulls lack conviction near the higher levels. Further, the technical indicator indicates minor retracement in the price before the continuation of the uptrend. APE price prints fresh daily highs on Monday. The upside gains capped near $15.50. Bearish divergence on RSI indicates minor retracement in the price.