Bullish Bitcoin traders switch sides and target new BTC lows under $60K

The on-chain activity for stablecoins has increased 800% in the last 12 months. 1412 Total views 38 Total shares The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst.This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for…

The past year was a challenge across the globe. Financial markets plunged deep into the red, affecting millions, if not billions, of people worldwide. Inflation rose. For crypto, it has arguably been the worst year since Bitcoin’s (BTC) inception. It has been more of an ice age than a crypto winter​, and bad actors and…

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…

Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.

This week’s episode of the Bad Crypto podcast condenses the latest blockchain news into easy listening format. And it’s a good week to be in the know on crypto and blockchain topics.Bitcoin’s bull run continues, and the price is lately flirting with $10,000. The Winklevoss twins have gone on a stablecoin patent extravaganza, and Ethereum…

The payment service, which is powered by the Stellar blockchain, will enable USDC settlement with MoneyGram in “near-real-time.” 279 Total views 9 Total shares Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients. The…

The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC. 418 Total views 8 Total shares Own this piece of history Collect this article as an NFTAccording to United States Senator Kirsten Gillibrand, a new draft of the bipartisan…

The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals.On Nov. 1, the U.K. government tax agency, which manages taxes alongside other financial policies, released tax guidance updates that further clarify its stance on how businesses and individuals involved with cryptocurrency…