Czech $7B Bitcoin reserve proposal sparks criticism over BTC volatility

The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis. 291 Total views 6 Total shares Crypto exchange Blockchain.com has partnered with Visa to launch a crypto card, available to only U.S. residents initially, which allows users to pay using their crypto or cash balance wherever Visa…

A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.

Last week, the United States Securities and Exchange Commission (SEC) reached an agreement with cryptocurrency exchange Kraken. The latter will stop offering crypto staking services to American customers and pay $30 million in disgorgement, prejudgment interest and civil penalties. While the sum of fines could hardly get an entity like Kraken off balance, the future of…

Thai authorities will address the broader issue of illegal mining and its impact on the country’s energy infrastructure.

The memecoin market has erased all of the gains that followed Donald Trump’s presidential victory in November 2024, having lost more than half of its value since December. According to CoinMarketCap data, the total market capitalization of memecoins stood at $54 billion on March 5, down 56% from $124 billion on Dec. 5, 2024. The

ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype. 404 Total views 3 Total shares Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA's official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks.High-profile partnershipALGO's price jumped 20% to $0.74, its highest level since April 22.…

Less than one month after it shuttered its news division and laid off 180 staffers, BuzzFeed’s CEO says it’s “leaning into AI” in a Q1 earnings call. 63 Total views 1 Total shares In its first quarter financial call, the digital media company BuzzFeed revealed significant declines in revenue and hinted at upcoming changes in…

Fundstrat Global Advisors’ Bitcoin (BTC) analyst Tom Lee said that he is “pleasantly surprised” by the recent stability of BTC in an interview on CNBC’s Squawk Box Oct. 29.Lee expressed surprise at Bitcoin’s recent behavior given a recent 9 percent slump in equity markets. Lee said he expected that “Bitcoin volatility should be much higher”…

The Hong Kong-based game software and venture capital firm will deepen its exposure to NFTs, gaming and metaverse projects. 134 Total views 3 Total shares Hong Kong-based software and venture firm Animoca Brands has secured $358.8 million in capital investments to fuel new acquisitions in the nonfungible token (NFT), gaming and metaverse sectors, further cementing…