Crypto betting markets’ huge growth fuels calls for billion-dollar volumes in 2025
Crypto-based prediction markets, casinos and sports betting are reshaping the iGaming sector while generating billions of dollars in trading volume.
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Bitcoin Price Bounces Off Key Moving Average as Bulls Avoid Death Cross
Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been fairly uneventful, with many price fakeouts. Bitcoin’s daily candle bounced off its 50-day moving average (MA) as support on Nov. 12, although the industry’s flagship asset once…
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Crypto industry calls on Congress to block new DeFi broker rules
The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.
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Judge denies motion allowing SBF to use messaging apps
The judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing. 70 Total views 2 Total shares Own this piece of history Collect this article as an NFTA federal judge has denied a joint agreement between Sam “SBF” Bankman-Fried’s legal…
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What are NFT royalties, and how do they work?
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Amazon Web Services Announces Cryptography-Using Quantum Ledger Database
Amazon Web Services, Inc., an Amazon.com company, announced that the Amazon quantum ledger database (QLDB) was now available.Transparent and immutable transaction logAccording to a post on Sept. 10 from Amazon Web Services (AWS), the newly available Amazon QLBD is a new class of database that provides a transparent, immutable and cryptographically verifiable transaction log owned…
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Cardano Breaks 6-Month Slump, Signaling Potential Altcoin Revival
Today Cardano (ADA) broke above its 6-month range and now follows the movements of large-cap altcoins like Bitcoin Cash ABC (BCH), Dash (DASH) and Ethereum Classic (ETC). Does this mean that altcoins are entirely out of the woods? Crypto market daily performance. Source: Coin360ADA/BTC breaks above its 6-month trading rangeOver the past 6 months, Cardano has…
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Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable
The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26, 2019.The original version of the bill had its first reading by the…
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Data Says HODL! People Are Trading Ether More, Bitcoin Less
Ether (ETH) is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in holding the second-largest cryptocurrency by market capitalization.Uploading findings using on-chain monitoring resource Glassnode on July 10, one trader noticed that Ether exchange balances remain high, while Bitcoin (BTC) balances have dropped considerably.BTC, ETH…