Bitcoin price stumbles as gold price hits $2.5K for the first time ever

Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule.

Passing on your crypto to your friends or family has been a worry to some, but an exchange claims that they have the solution. 1155 Total views 23 Total shares When Bitcoin (BTC) traders pass away, their BTC may forever be lost within the blockchain if they haven't given anyone else access to their wallets.…

Reddit’ NFT minting hits new highReddit’s nonfungible token (NFT) collection hit another milestone on Dec. 3 with a record 255,000 of its “avatars” minted in the one day.The new minting record beat the previous all-time highs on Aug. 30 and 31, which saw just over 200,000 Reddit avatars minted each day.The NFTs are primarily used…

Bitfinex and Tether CTO, Paolo Ardoino spoke to Cointelegraph about cryptocurrency adoption in Europe. 259 Total views 27 Total shares As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building previously serving as the headquarters for the Parisian stock exchange from…

Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported yesterday that the Ethereum Layer-2 scaling solution was overwhelmed with demand for the first OP governance token airdrop, as 5% of the token supply…

The German bank Commerzbank is the first full-service bank in the country to receive a crypto custody license from local regulators. 372 Total views 5 Total shares The German bank Commerzbank has been granted a crypto custody license by local regulators, according to an announcement released by the lender on Nov. 15. Commerzbank says it is

The Malta Financial Services Authority (MFSA) has appointed blockchain security firm CipherTrace to monitor activity by crypto businesses in Malta, local news agency The Times of Malta reports on March 11.CipherTrace is now set to be responsible for overseeing regulatory processes and audit risk management of virtual asset businesses licensed in Malta, CipherTrace CEO Joseph…

Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment.After dipping below $21,000 over the weekend, the largest cryptocurrency is consolidating around 10% lower than a week ago, and the fear across crypto markets is clearly visible.As some call for new lows and others warns of…

The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year. 59 Total views 1 Total shares Big Five technology player Meta is still burning cash through its Metaverse research and development arm Reality Labs…