Polish presidential candidate pledges support for strategic Bitcoin reserve
Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.
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2019 AP Stylebook Provides Guidelines for Writing Blockchain-Related Terms
Major New York news outlet, the Associated Press (AP) has announced that its latest version of The Associated Press Stylebook and Briefing on Media Law has a new section on cryptocurrencies in an official Twitter post on May 29.According to the new AP style guidelines, which constitute a popular standard for professional publications, writers should…

Grayscale Investments now controls 2.4% of the current BTC supply
The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven days.…

Law Firm Perkins Coie Adds Ex-CFTC Counsel to Dedicated Crypto, Blockchain Group
U.S. international law firm Perkins Coie (PC) announced it had hired a former counsel for the country’s commodities regulator to work in its blockchain practice in a press release Nov. 6.Kari Larsen, who previously worked at the Division of Enforcement of the Commodity Futures Trading Commission (CFTC), will now be based at PC’s Blockchain Technology…

Huobi Wallet Now Allows Crypto Credit Card Purchases Through Simplex
The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. 936 Total views 39 Total shares The cryptocurrency wallet of major cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards.Until now, Huobi Wallet only allowed its users to exchange between different crypto assets…

Yield Farming Fuels Buzz Around DeFi, but Fundamentals Are Lagging
The hype surrounding decentralized finance is sometimes credited with triggering a wider market rally in July, as new protocols began releasing tokens that were immediately posting gains of many times their initial value. Despite undeniable price growth, however, it is not immediately clear if the sector as a whole has grown, as reliable metrics to…

3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market's latest venture below this just three weeks ago, meaning investors were pretty confident that the $780 billion total market-cap low on June 18 was a mere distant memory.Regulatory uncertainty increased…

IBM, Ford Blockchain Pilot Targets Cobalt Supplies From Democratic Republic of Congo
Global technology giant IBM will use its blockchain platform to monitor and trace supplies of cobalt from the Democratic Republic of Congo, the company confirmed in a press release on Jan. 15.IBM, which has already used the in-house IBM Blockchain platform built on the Hyperledger Fabric in multiple use case environments, will now target the…

Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.