New tokens are more likely to win if they find institutional investors
Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed.
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Coinbase Registers as Second-Class Member with JVCEA
The Japan Virtual Currency Exchange Association (JVCEA) — the official self-regulatory organization for the crypto industry in Japan — announced on Mar. 2 that three additional companies have just registered as second-class members.Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can be registered…
Bitcoin and Binance token dip slightly as CZ is released
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
CNA Insurance excludes NFTs from coverage of $20M trust policy
The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy. 173 Total views 6 Total shares CNA Financial, the seventh-largest commercial insurer in the United States, has excluded nonfungible tokens (NFTs) coverage from Schwab Strategic Trust’s policy worth $20 million.In a filing
US federal agency issues legal advisory on NFT investments
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. 259 Total views 6 Total shares The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible tokens (NFT).In the legal advisory presented to…
Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
Bitcoin’s (BTC) risk-return is a “different beast” compared to even the darling of the stock market of the 2000s, Amazon.That was the conclusion drawn by one of the cryptocurrency industry’s best-known analysts and the creator of a uniquely accurate Bitcoin price model.PlanB: Amazon “normal” compared to BTCUploading a chart showing BTC risk-return versus Amazon stocks,…
Bitcoin coils between key trend lines as $98K boosts 'Kimchi premium'
Bitcoin is becoming a firm "buy" for investors worldwide as bulls retain Christmas Eve gains.
Dutch Central Bank Does Not Consider Cryptocurrencies as ‘Real Money’
An executive at the Dutch Central Bank has said that while cryptocurrencies are not “real money,” the bank has no plans to ban them, local news outlet Dutch News reported August 3. The divisional director of the Dutch Central Bank, Petra Hielkema, told Dutch News that due to the volatility of cryptocurrencies and the possibility…
Google Search Requests for ‘Bitcoin’ Tripled During Recent Price Surge
Google searches for "Bitcoin" nearly tripled during the recent price spike, according to Google Trends data.According to Google Trends, search requests for Bitcoin (BTC) jumped from roughly 30 to 100 following the leading cryptocurrency’s surge on the night of April 2. That night Bitcoin pushed over $4,500 for the first time this year, gaining 15…