German watchdog orders Worldcoin to delete data collected

The Crypto Biz newsletter is delivered weekly to your inbox. Join the mailing list to stay up to date on the week's biggest business stories. 366 Total views 12 Total shares Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding…

Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to drive the price higher and start the next leg of the uptrend.One of the developments that could be bullish for Bitcoin…

XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months. 1628 Total views 6 Total shares The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria surrounding…

Depending on where you stand on the GameStop saga, which saw organized retail traders extract $6 billion from Wall Street overnight, you may think someone should either take the matches away from Elon Musk, or give him more.The CEO and “Technoking” of Tesla was accused of pouring “jet fuel” on the GameStop short-squeeze at a…

The Puell Multiple and Mayer Multiple have reached the ideal zones for long-term investment gains from Bitcoin. 931 Total views 27 Total shares Bitcoin (BTC) is again fueling suggestions that it is preparing for price growth as two more indicators flash bullish.According to fresh data this week, both the Puell Multiple and Mayer Multiple now…

Search queries for “NFT” and “nonfungible token” have become even more popular than searches for “Dogecoin”, “blockchain” and even “Ethereum.” 292 Total views 6 Total shares Google’s keyword search data shows interest in nonfungible tokens (NFTs) has surged to record levels, with traffic beating out search terms pertinent to many crypto assets ranked among the…

Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong. 387 Total views 17 Total shares Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is

The privacy-focused cryptocurrency Zcash (ZEC) is seeking access to Ethereum’s decentralized finance (DeFi) ecosystem.Zcash’s shielded addresses on the Ethereum networkOn Oct. 13, Coindesk reported that the topic of interoperability was the theme of the now concluded Devcon 5 developer conference in Osaka, Japan, where a number of smaller cryptocurrency projects displayed interest in accessing Ethereum’s…

PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture. 65 Total views 7 Total shares PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of…