Bitcoin analysts eye recovery to $105K, but ETF flows stagnate
Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.
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Nifty News: Pepsi’s debut drop, 1inch expands P4 Metaverse and Tom Brady gifts NFTs
Cointelegraph has had a lot of NFT related news this week from pop culture to sports and gaming. Below is a roundup of stories you don't want to miss. Pepsi and VaynerNFT team upPepsi launched their Mic Drop genesis NFT collection made up of 1,893 generative style NFTs on the Ethereum blockchain. The number commemorates the…

Crypto in Europe: Economist breaks down MiCA and future of stablecoins
In October 2022, the European Union finalized the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the days of an unregulated crypto market in the EU may soon be over. The MiCA regulations introduce clear guidelines for handling…

Blockchain Healthcare Firm Wins US National Science Foundation Grant
New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol.The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative startups and small businesses, according to…

China’s Alibaba Partners With Chinese Software Giant to Promote Blockchain Development
Chinese e-commerce conglomerate Alibaba and Aerospace Information Co., a major software developer and provider, have signed a strategic cooperation agreement for cloud computing, blockchain and other technological services development. Chinese finance publication Securities Daily reported on the deal on March 21.The two parties have agreed to take advantage of their respective brand technologies “to actively…

US state dept urges El Salvador to be ‘responsible’ about Bitcoin adoption
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. 354 Total views 1 Total shares The U.S. Department of State’s Under Secretary of State for Political Affairs Victoria Nuland said El Salvador should ensure Bitcoin is well regulated…

Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

Paxos and MercadoLibre partner up to bring USDP to Mexico
The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users. 316 Total views 1 Total shares Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28. According to a press release shared with Cointelegraph, USDP…

Markets Panic: Bitcoin Hits Lowest Since October 2017 as Bitcoin Cash Drops 40 Percent
A “panicked” twenty-four hours in cryptocurrency markets saw Bitcoin (BTC) hit fresh lows not seen in over a year Nov. 20 as assets across the board shed millions.Data from Cointelegraph’s price tracker, Coin360, CoinMarketCap, and Bitcointicker captured frenetic activity into Tuesday as BTC/USD dropped up to 17 percent, at one point reaching $4,237.Market visualization from…