Price analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
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Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources. 65 Total views 2 Total shares Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, a lower…
Breaking: Valkyrie files for Ether futures ETF with the SEC
Asset management firm Valkyrie has filed for an Ether futures ETF with the U.S. SEC on Aug. 16. 101 Total views 2 Total shares Asset management firm Valkyrie has filed for an Ether (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission. According to documents on Aug. 16, the application is…
China Prepares for CBDC With Cryptography Law on Encryption Standards
On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide scale. Some local media outlets rumor that the law is paving the way for the long-awaited release…
Sprott CEO Predicts Bullish Future for Blockchain-Based Digital Gold
Peter Grosskopf, CEO of the global asset manager Sprott, has posited that blockchain technology will make gold a more valuable and practical asset, according to an interview with Kitco News on May 7.Regarding the day-to-day usability of gold — and how blockchain improves the situation — Grosskopf remarks:“I think it was quite realistic to criticize…
MTV adds Metaverse award category: Nifty Newsletter, Aug 17–23
In this week’s newsletter, read about how the Metaverse is a catalyst for nonfungible token (NFT) adoption. Check out how GameStop’s NFT marketplace revenue dropped and how MTV added a metaverse award at the VMAs. In other news, learn about how Telegram’s founder has been floating the idea of integrating NFT-like smart contracts for Telegram…
Blockchain-Based Platform Unveils AI Chatbot to Help Students Pass Crucial Exams
A new platform is using artificial intelligence (AI) and blockchain to address the “growing class divide” in education — helping all students access equal opportunities and unlock their full potential. Õpet says it wants to address the “confusion and apprehension” teenagers face when they finish high school and simultaneously offer smart revision tools that will…
ARK and 21Shares drop staking plans from Ethereum ETF proposal
Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments.
Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2
44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.