Bitcoin’s strong monthly close could spark a rally in XRP, TAO, RUNE and SEI
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
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DOrg LLC Purports to be First Legally Valid DAO Under US Law
Decentralized Autonomous Organization (DAO) developer cooperative dOrg has created a limited liability company (LLC) to grant its native DAO legal status, according to a report by independent law firm Gravel & Shea on June 11.As its name implies, a DAO is a firm with no centralization or hierarchy, and is instead governed by open source…
NFTs find true utility with the advent of the Metaverse in 2021
The growth of NFTs has shot to the next level in terms of popularity and finding acceptance from the crypto community and the mainstream alike. Nonfungible tokens (NFTs) that were initially thought to be a bubble are now expanding their coverage across the cryptoverse.According to a report by DappRadar, the NFT market has had its…
Santander UK limits crypto transactions for its customers
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month. 276 Total views 1 Total shares Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the UK. The group cited cryptocurrency fraud warnings from regulators as the reason behind its decision. According…
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
The senior commodity strategist is bullish on Bitcoin, revealing on Oct. 18 that its relative discount to hash rate has hit levels not seen since the first quarter of 2020. 74 Total views 2 Total shares Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October —…
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC could see accumulation below key trendlineData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly halting its latest gains to hit lows of $19,947 on Bitstamp.The largest…
UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018
The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press release published on Feb. 6.According to data from the FCA call center, the most common reported…
Mirror Protocol silently rallies 30% overnight despite crypto market slump
Mirror Protocol (MIR) emerged as one of the best performing tokens in the cryptocurrency market on May 17, even as its top trading rivals Bitcoin (BTC) and Ether (ETH) struggled to find direction after a depressive previous daily session.The MIR/USD exchange rate surged by up to 26.71% to reclaim its two-week high of $4.974. The…
Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance
Hong Kong-based digital financial services startup Diginex has become the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm.Over 100 members in 19 countriesDiginex — which claimed to be the “first fully-diversified blockchain player on Nasdaq” — has officially joined the Blockchain Alliance, a public-private forum of firms…