Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.
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CryptoUK calls on regulators to address de-banking of digital asset firms
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.” 141 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe self-regulatory trade association CryptoUK has proposed providing a ‘white list’ of…
ETH price sets new all-time high, gains financial momentum to go further
While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of just 3%, its crypto cousin Ether (ETH) seems to be on a roll by not only holding its own against the U.S. dollar but also consistently floating around the $1,300 threshold, and now ultimately,…
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.” 297 Total views 4 Total shares U.S. companies that safeguard their clients’ crypto-assets received new accounting guidance Thursday in the form of a Securities and Exchange Commission, or SEC, Staff…
Cointelegraph Consulting: The bigger role of LUNA in Terra
In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as savings, payments, investments and others that leverage its stablecoin assets. The previous Market Insights newsletter tackled Terra’s ecosystem growth in 2021 and how it got to hundreds of decentralized applications from just two at…
Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment
The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development.Commonwealth Bank’s ‘BioTokens’The bank announced in a press release published on its website on Aug. 21 that it is working on “BioTokens,” enabling sustainable investments co-developed with BioDiversity Solutions Australia. Per the report,…
Worldcoin may face UK data regulators inquiry days after launch: Report
The project has faced criticism from within the fintech world over its dystopian features and privacy concerns. 192 Total views 1 Total shares The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to…
Ledger data leak: A ‘simple mistake’ exposed 270K crypto wallet buyers
The hacker likely responsible for Ledger’s security breach in July recently dumped a large amount of data exposing the personal information of over 270,000 customers, including phone numbers and physical addresses. The leak also included 1 million emails of Ledger wallet owners and customers that were signed up to the company’s newsletter service.Amid the furor…
Can DeFi indices finally make crypto-based passive investing worthwhile?
Index investing in the stock market has become extremely popular thanks to the proliferation of exchange-traded funds, or ETFs, which often track popular market indices like the S&P 500 or the Nasdaq-100.Investing in the entire market can be a simple but effective strategy. Instead of spending energy and time in trying to beat it —…