Bitcoin correlation with Nasdaq soars as CPI fears intensify

MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor's control hold more than 111,000 BTC. 541 Total views 3 Total shares Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making…

The Bitcoin blockchain network experienced its biggest mining difficulty adjustment in over two years on June 17. Surprisingly, the hash rate of Bitcoin has not dropped off by a large margin.The response of miners toward the difficulty adjustment is considered to be optimistic so far, as the hash rate is already starting to recover. Data…

Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has been the year that NFTs have gained mainstream attention. And it should come as no surprise that even huge, multinational companies are currently…

Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space. 255 Total views 7 Total shares Robinhood’s chief legal officer Dan Gallagher described the idea of creating a new digital asset regulator was “just plain silly” at a conference on Nov. 17.Robinhood is a…

Bank of America has filed for a patent for a settlement system citing a ‘ripple’ distributed ledger, according to a filing on Google Patents.The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communication tool. The proposed system would…

As the digital landscape evolves, decentralized governance has become an important notion to foster a fair and inclusive ecosystem. In the trend toward transparency and collaborative decision-making, analyzing companies’ roles and responsibilities in this new paradigm is critical as we navigate the exciting realm of decentralized governance in search of the ideal balance of transparency

“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.” 203 Total views 2 Total shares Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some…

Russia’s parliament has adopted in the second reading the bill “On Digital Financial Assets,” aimed at formulating national cryptocurrency legislation, according to a statement published on the parliament’s website on Tuesday, March 5.The State Duma, Russia’s parliament, has adopted amendments to the Civil Code of the Russian Federation on digital rights, which provides a regulatory…

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank. Own this piece of history Collect this article as an NFTUnited States banking regulators have reportedly been sent to Silvergate's headquarters in La Jolla, California — looking for ways to save the crypto-friendly bank…