10 stablecoin issuers approved under EU’s MiCA — Tether is left out
The European Union continues to lead the world in regulations, but at the cost of economic growth, competitiveness and tech innovation.
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Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry
While the U.S. Federal Reserve (FED) continues to monitor the overheated economy, the most likely scenario is further interest rate hikes to curb inflation. The unintended consequence is the heightened government debt cost, creating a bullish environment for scarce assets such as commodities, stock market and cryptocurrencies.Bitcoin’s price gain practically extinguished bears expectation for a…
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Bitcoin price hits new all-time high as crypto market matures
Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview.BTC/USD weekly chart (Coinbase). Source: Tradingview.comDespite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. BTC then easily passed the $19,000 mark on Monday to reach…
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Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer
Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start of it, as the major cryptocurrency was the first peer-to-peer digital money and represents the conceptual core underpinning DeFi. Others say — and would be technically…
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Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO
Apple has no intention to follow Facebook in creating its own digital currency, the company’s CEO Tim Cook has said.Cook “not comfortable” about firms creating moneySpeaking in an interview with French media magazine Les Echos on Oct. 4, Tim Cook poured cold water on the idea that Apple could release its own currency tokens.“No,” he…
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Ethereum bulls wake up after four years to transfer 22,982 ETH
The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively. 534 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTAt a time of bear market-induced uncertainty, crypto investors often tend to stick with Bitcoin (BTC) and…
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Mediterranean Olive Oil Producer Uses IBM Blockchain to Fight Food Fraud
CHO, one of the largest olive oil producers in the southern Mediterranean, announced on Jan. 14 that it is using IBM’s blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. The company is the latest major food provider to join IBM’S Food Trust Network.Utilizing blockchain allows CHO to track Terra Delyssa…
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Crypto Markets See Hint of Green, Top Cryptos Keep Trading Sideways
Thursday, Nov. 1: crypto markets have seen a hint of green, with many of the top 20 cryptocurrencies seeing slight growth. The slight growth in markets follows a recent sell off on Monday, when the price of Bitcoin (BTC) dropped from $6,480 to as low as $6,344. While 19 out of the top 20 cryptocurrencies…
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‘Everything’s on sale’: Reddit founder, Galaxy and Genesis execs raise big money
776’s fund is called “Kryptos” and is set to capitalize on the current bear market when it launches in October. 367 Total views 25 Total shares Reddit co-founder Alexis Ohanian’s venture capital (VC) firm Seven Seven Six (776) is looking to raise a crypto investment fund worth $177.6 million, while current and former executives from…