Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate

Cryptocurrency bulls continued to face stiff headwinds headed into the week of March 14 that began with a vote in Europe about whether or not to outlaw proof-of-work cryptocurrencies, which was ultimately rejected. Despite these pressures, however, several cryptocurrency projects have managed to post gains in excess of 20% on Monday thanks to new partnerships and…

Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs. 290 Total views 20 Total shares Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market. According to an Aug. 17 note…

As Bitcoin price topped $40,000 it became more valuable than a 20oz block of gold. 834 Total views 9 Total shares Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar.Over the past six hours, Bitcoin prices topped…

$726 million in Bitfinex shorts were quickly closed after Bitcoin price bounced at $30,500, leading traders to speculate whether bears have given up. 760 Total views 2 Total shares On June 25, the amount of Bitcoin (BTC) margin shorts at Bitfinex increased by 22,000, equivalent to $726 million. At the time, Cointelegraph reported that there…

Today Bitcoin (BTC) price rebounded from its recent low at $11,125 on Aug 11 to $11,617. This suggests traders are turning optimistic as key data show a significant amount of liquidity for BTC until $12,000.Cryptocurrency daily market performance snapshot. Source: Coin360As BTC price rallied, many major altcoins surged in tandem. Chainlink (LINK), which has seen…

German regulator halted USDe token offering, citing serious compliance failures and potential securities law violations. BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH’s USDe — a synthetic dollar — claiming that the token violates the European Union’s MiCAR regulations. According to the announcement from the regulator, BaFin has ordered

Exchange-traded funds (ETFs) have grown in popularity as a means of investing since the mid-1990s due to their intraday liquidity and low transaction costs. In general, ETFs track a specific index and are generally traded on exchanges. In a securities market, ETFs allow investors to trade their shares continuously throughout the trading day, unlike mutual funds,…

De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws. 212 Total views 9 Total shares The details behind Binance’s failed efforts to register for a virtual asset service provider (VASP) license in the Netherlands remain unclear due to the confidentiality requirements of…

Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment, more and more “successful” companies add their underperforming blockchain project to the graveyard. One of the most recent blockchain failure victims was Moller-Maersk, which recently announced the termination of its highly publicized TradeLens offering — a…