Meme coins have an important role to play in crypto

Bitcoin (BTC) price has been unable to close above $32,000 for the past fifteen days and is currently down 37% year-to-date. Although that might seem excessive, it does not stand out among some of the largest U.S.-listed tech companies that have also sustained notable losses recently. In this same 15-day period, Shopify Inc. (SHOP) stock dropped…

Global banking giant HSBC has tested out its blockchain-based trade finance platform Voltron and reduced transaction time by 40%, the Chartered Institute of Procurement & Supply reported on July 10.To arrange a shipment between Hong Kong and Dubai, HSBC partnered with major retail organization Landmark Group which provided its blockchain platform ReChainMe. The companies linked…

Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code, which could lower the tax rate on crypto assets in 2025. 

South Korean tech titan names Woong Ah-yoon as the head of their blockchain division. 1630 Total views 43 Total shares Although the company made no official announcement, South Korean tech conglomerate Samsung Electronics seems to have been appointed a new Vice President in its AI PM Group / Blockchain Dev Group.Woong Ah-yoon, a former chief…

It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.  

Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. 438 Total views 7 Total shares Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director…

There may be fireworks. 1408 Total views 17 Total shares As the 2020 U.S. presidential election draws near, two crypto traders on Twitter shared their predictions for how Bitcoin's price could react to the event. "If we have a clear winner and an easy transition of power, I do not see much of an impact on…

What does blockchain tech have to do with art? Find out during this upcoming panel from Cointelegraph and CV Labs. Many believe that Blockchain technology has the potential to transform the art industry. To prove this hypothesis, a blockchain firm in Switzerland is hosting its first online event devoted to blockchain in art, alongside Cointelegraph.CV…