Crypto payments firm MoonPay secures MiCA approval in the Netherlands
Dec. 30 marked the end of the implementation phase of the Markets in Crypto-Assets framework, as authorities can enforce rules on certain crypto service providers operating in the EU.
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Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech
The dedicated office would oversee "all non-defense related deployment and activities related to blockchain technology within the Federal Government.” 4565 Total views 42 Total shares A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district,…
Robinhood turns profitable in Q2, but crypto revenue declines
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. 25 Total views 1 Total shares Robinhood released its second quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the…
Price analysis 9/9: BTC, ETH, XRP, LINK, BCH, DOT, BNB, BSV, LTC, CRO
The short-term gyrations in crypto and stock prices are usually based on sentiment and technicals, while the long-term trends generally follow stronger underlying fundamentals. Therefore, if the fundamentals do not weaken, smart investors view short sharp corrections as a buying opportunity.Data suggests that large investors, oftentimes dubbed ‘whales’, have been accumulating Bitcoin (BTC) since March.…
Asian Crypto Conferences Are Being Delayed For Coronavirus Reasons
A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak.TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally scheduled for mid-March 2020, TOKEN2049 will now instead be taking place on October 7-8, 2020.The TOKEN2049 team announced:“Over the past…
To ICO or to IDO? That is the question
Initial DEX offerings are the new initial coin offerings. So, what’s the difference between an IDO and an ICO, other than that one letter? A lot actually. In some ways, ICOs and IDOs have more in common with each other than they do with initial exchange offerings, which have more than a few features of the traditional…
Redditor memes his way to $25K in Bitcoin profits
This is the story of a Redditor’s roundabout way of making a hefty Bitcoin profit. 3578 Total views 15 Total shares A Reddit user by the name of Cryptorich13 has capitalized on the social media platform’s crypto reward system by converting his stash of free coins into Bitcoin (BTC). In a Sunday post, Cryptorich13 explained how…
15 Arrested in China for Allegedly Bribing Internet Cafe to Mine Crypto
Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…
PepeCoin (PEPE) price action points to a potential 70% drop
Pepe (PEPE) price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators.PEPE charts flash a classic bearish reversal patternFrom a technical standpoint, the price of PEPE could drop sharply…