Ethereum (ETH) price fails to rally in the face of good news — Here is why
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening.
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Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit
The crypto advocacy group is granted the status of "the friend of the court." 487 Total views 3 Total shares A United States crypto advocacy group, the Chamber of Digital Commerce (CDC), has been granted approval from the Court of Southern District of New York to participate as an amicus curiae in the U.S. Securities…
ETH derivatives show pro traders are worried about Ethereum’s $2.5K support
Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level.Ether/USD price at FTX. Source: TradingViewOn March 15, Ethereum developer Tim Beiko announced that the Kiln…
TikTok to automatically label AI-generated content
TikTok takes a proactive step in assuring AI authenticity on its platform by automatically labeling AI-generated content (AIGC) using new Content Credentials technology.
CBOE Withdraws Rule Change Request to List Bitcoin Exchange-Traded Fund
The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has apparently withdrawn its request for a rule change by the United States Securities and Exchange Commission (SEC). According to an official notice published on Jan. 23, BZX withdrew a proposed rule change that would allow it to list a Bitcoin (BTC) exchange-traded fund (ETF).ETFs are…
China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card
The new card will support crypto payments using Paycoin at over 30 million UnionPay merchants. 3628 Total views 32 Total shares Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card.Danal’s crypto wallet Paycoin and…
Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining
Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone. 535 Total views 6 Total shares Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month…
Industry experts reveal a possible method for Bank of Russia to block crypto
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. 1249 Total views 26 Total shares Amid the ongoing uncertainty about the future of cryptocurrencies in Russia, one local industry executive has disclosed a potential method for the Bank of Russia to block crypto transactions.Andrey Mikhaylishin, CEO…
ECB head calls for separate framework to regulate crypto lending
Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators 280 Total views 6 Total shares A week after the major American crypto lending platform Celsius had to freeze the withdrawal option for its users, European Central Bank (ECB) president Christine Lagarde voiced her conviction on the necessity of…