Over 90% of Salvadorans don’t transact with Bitcoin: Survey
Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender.
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Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific rules. However,…
Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue
Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript.TSMC has not disclosed specific data for its crypto mining business — including it instead within its high-performance…
Solana TVL hits near 1-year high — Will SOL price follow?
The total value locked on Solana has surged, but is this enough to send the SOL price to a new all-time high?
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.
‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried
Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries. Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the…
Price Analysis 7/17: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO
Grayscale Investments recent Q2 report shows that the firm took in $905 million into Bitcoin (BTC) and other altcoins. In Q1 of this year, the inflow into various Grayscale products was $503.7 million. The sharp increase in investments indicates that the institutional investors are building positions when the price of the top-ranked asset on CoinMarketCap…
Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone
Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewS&P 500 sees second best week of 2022Data from Cointelegraph Markets Pro and TradingView showed BTC/USD broadly higher in its recent trading range after U.S. stocks ended the week strong.As noted by…
FTX founder’s expert witnesses could cost up to $1.2K an hour
As the start date of the trial of FTX co-founder Sam “SBF” Bankman-Fried approaches, new court filings indicate that SBF could pay his expert witnesses more than $1,000 an hour should they testify on his behalf.SBF may call seven expert witnesses to testify at his fraud trial, which is currently scheduled for Oct. 2, 2023. The