63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022. 466 Total views 5 Total shares As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has signed a new law introducing an extra levy for crypto miners.President of the Republic of Kazakhstan Kassym-Jomart Tokayev recently signed…

Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy. Bitcoin recovered sharply on April 18 but gave back all the gains on April 19. The latest sell-off may have been triggered by the high inflation figures in the United…

For most people, the word “stablecoin” brings to mind cryptocurrencies like Tether or Libra. However, there are many versions of stablecoins — ranging from those that are backed by fiat money to those that are backed by real assets or even other digital currencies.Simply put, a stablecoin’s main aim is to solve the problem of…

David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms. 157 Total views 2 Total shares Own this piece of history Collect this article as an NFTCo-founder of content studio Bankless David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting…

While much of the mainstream media decided against running pranks this year due to the seriousness of the coronavirus crisis — the crypto community decided to have some fun anyway.One of the earliest, and funniest, was CoinMarketCap listing ‘Toilet Paper Token’ as the number one cryptocurrency above Bitcoin — the circulating supply, naturally, was ‘out…

The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023. 166 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTGlobal cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain…

United States derivative market CME Group has reported a 17% fall in net income for the first quarter, according to a news release on May 1.Despite revenues rising over the three-month period, earnings stood at $497 million, compared with $599 million this time a year ago.CME Group chairman and chief executive Terry Duffy said the results amounted…

The institutional asset custody arm of United States cryptocurrency exchange Coinbase has launched staking for Tezos (XTZ), the company announced in a blog post on March 29.Coinbase Custody, which provides storage facilities for institutional investors, is seeking to expand its suite of services to include staking — a means by which Proof-of-Stake (PoS) cryptocurrency networks…

Facebook’s chief operating officer Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin.Discussions on market power and LibraAccording to a Bloomberg article from Sept. 26, Facebook is currently trying to get its chief operating officer Sandberg in front of the House Financial Services Committee, perhaps as soon…