Middle East accounts for 7.5% of global crypto volume — Chainalysis
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services.
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Many ETHDenver attendees report positive COVID-19 tests and few masks
The conference did not enforce a vaccine mandate or social distancing and said that only “some public locations” required participants to wear masks. 970 Total views 33 Total shares The transmissibility of the Omicron variant of COVID-19 seems to have affected many attendees at the ETHDenver developer conference, who reported symptoms and positive test results…

Bitcoin Price Avoids $8.2K to Mirror Stock-to-Flow Creator’s Forecast
Bitcoin (BTC) may have shed 11% in a week, but it is actually performing exactly like one of the industry’s most famous analysts predicted.In a tweet on Mar. 1, PlanB, creator of the well-known stock-to-flow Bitcoin price forecasting model, said that at around $8,500, BTC/USD was wholly on schedule.PlanB: “So far so good” for BTC…

Grayscale Bitcoin Mini Trust ETF AUM crosses $4B
Grayscale’s new ETF offers low fees compared to peers, including its legacy spot BTC fund.

Bloomberg Analyst: “Halving Is A Non-Event”
Bloomberg analyst Mike McGlone describes Bitcoin halving as a “non-event”. 1097 Total views 37 Total shares Bloomberg analyst, Mike McGlone, speaking to Cointelegraph described Bitcoin (BTC) halving as a “non-event”.Cointelegraph interviewed Bloomberg’s senior commodity strategist Mike McGlone to learn more about his Bitcoin bullishness. He emphasized that the work he does for Bloomberg Intelligence is…

Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

Some US lawmakers want Bitcoin miners to be exempted from proposed crypto taxes
Certain members of Congress want assurances that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules. 443 Total views 105 Total shares Lawmakers in the United States have called for caution regarding implementing a proposed tax policy that could have significant implications for America’s crypto space.As previously reported…

Bitcoin Holding $8K as Support but What Will it Take to Break $10K?
Bitcoin price (BTC) closed the week at $8,180 representing an 11% gain for the week after struggling to break the resistance at $7,600 for most of November and December. The price is down around 1% on Monday but the bulls have retained the $8K handle.Total market cap excluding Bitcoin was up 12.5% last week meaning…

New report predicts NFTs will explode in popularity during 2021
Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.”Although NFTs have been around since ERC-721 was invented by William Entriken, Dieter Shirley, Jacob Evans, and Nastassia Sachs in January 2018, the sector largely remained an obscurity outside of hardcore crypto circles until…