Bored Ape Yacht Club’s Yuga Labs Has Acquired CryptoPunks
El Salvador Could Delay Bitcoin Bond Amid Russia-Ukraine War Concerns
admin2022-03-11T23:33:04+00:00
Key Takeaways
El Salvador's Minister of Finance has said that the country's Bitcoin bond was nearly ready, but that the war in Ukraine has affected its timeline. $1 billion in Bitcoin bonds are intended to fund the city's so-called "Bitcoin City." The government's tactics surrounding Bitcoin adoption have been criticized.Share this article
El Salvador is waiting to release its Bitcoin-backed bond pending developments in the Russian invasion of Ukraine. The Bitcoin-backed bond is meant to be used to fund the nation’s...
Morgan Stanley May Now Be Largest Institutional Holder of World’s Biggest Bitcoin ($BTC) Fund
admin2022-03-11T22:20:00+00:00Wall Street giant Morgan Stanley may now be the largest institutional holder of the world’s biggest Bitcoin ($BTC) fund, the Grayscale Bitcoin Fund (GBTC), as it has been loading up on shares while the previous largest holder, Ark Invest, has been dumping them. GBTC is the largest publicly...
Dogecoin to the moon again? Anomalies point to an explosive move favoring…
admin2022-03-11T21:30:29+00:00Dogecoin price is showing signs that a massive move is on its way. Well, on-chain metrics are also pointing at a similar outcome. Upon close inspection, this move could most likely favor the bulls.
Dogecoin’s time to shine
Dogecoin price has dropped roughly 83% from its all-time high and is currently hovering around $0.11. From 29 September 2021 to date, DOGE has set up three distinctive lower highs and lower lows. Connecting these points using trend...
G7 and EU Impose Fresh Crypto Sanctions on Russia
admin2022-03-11T19:58:51+00:00
Key Takeaways
G7 member countries, alongside the EU, imposed further sanctions on Russia today. A prominent theme of the new sanctions was the need to crack down on the use of cryptocurrency to circumvent sanctions. The Treasury noted its authority to take legal action against Americans who use virtual currencies in a manner non-compliant with economic sanctions.Share this article
The United States and other G7 countries, as well as the European Union, have imposed further sanctions on Russia. A crackdown on perceived...
DOT’s demand is sky-rocketing in hedge fund portfolios thanks to its…
admin2022-03-11T16:30:47+00:00Polkadot is currently the talk of the crypto town. The promising blockchain network, headed by Gavin Wood and Robert Hebermeier, garnered significant traction over the years.
Betting on YOU
Polkadot was the most commonly held altcoin in Q4 last year. Around 24 out of 57 tracked funds invested in it. Meanwhile, 42% of venture capital and hedge funds investing in crypto were betting on the success of Polkadot’s smart contracts platform. Source: Twitter|
AMC Theaters Adds Shiba Inu ($SHIB) and Dogecoin ($DOGE) Payments Ahead of Schedule
admin2022-03-11T15:20:00+00:00Leading U.S. movie theater chain AMC has added two meme-inspired cryptocurrencies, Shiba Inu ($SHIB) and Dogecoin ($DOGE) as payment methods, a week before they were scheduled to go live. The move was announced by AMC’s CEO Adam Aron, who in a tweet shared with his over 240,000 followers...
Bitcoin Price Prediction: Set Eyes On $45k If Price Sustain Key $40k
admin2022-03-11T13:48:25+00:00Bitcoin price trades with small gains on Friday as it recovers from the previous session’s declines. The formation of ‘Doji’ candlestick suggests investors are clueless about the next move but hovers near $40k. A decisive close above $40k will set the further directional setup. Bitcoin price hovers near $40k with modest gains as the weekends begin. Expect a range-bound movement toward $45K inside rectangle formation. Remains pressured below 50-day and 200-day EMAs on the daily chart. The largest and most famous cryptocurrency has...
U.K. Watchdog Orders Bitcoin ATMs to Shut Down
admin2022-03-11T13:34:39+00:00
Key Takeaways
The U.K's FCA has ordered all crypto ATM operators in the country to shut down their operations. The FCA said that none of the firms operating crypto ATMs were registered with the agency, making their operations illegal. So far, only 33 U.K. crypto firms are fully registered with the FCA.Share this article
The Financial Conduct Authority has ordered all crypto ATMs in the United Kingdom to shut down.U.K. Crypto ATMs Forced to Close
The FCA has declared that all operational crypto...
Why the SEC vs. Ripple lawsuit is a ‘LOSE-LOSE’ situation despite one clear winner
admin2022-03-11T13:30:41+00:00The ever-lasting feud between the San Fransico-based fintech firm, Ripple Labs and the SEC might be coming to an end soon. Well, in this context, the former SEC Commissioner had a lot of interesting observations. The SEC vs. Ripple case was a mistake, according to former SEC Commissioner Joseph Grundfest, who said in an interview that “no matter how it turns out, we’re gonna be losers”. According to his statements, it seems, even if the SEC wins the battle, they would...