South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. 193 Total views 18 Total shares The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says.Cryptocurrency analytics platform…

The U.S. government is behind on innovation by a wide margin, says official. 498 Total views 4 Total shares Speaking at the digital LA Blockchain Summit, Commodity Futures Trading Commission chairman, Heath Tarbert, said U.S. regulation lags behind crypto and blockchain."I would be the first to agree with you that innovation is unlikely to come from…

The 166th wealthiest person in the world has revealed that he has invested in Bitcoin. 3816 Total views 51 Total shares Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC).The billionaire shared a video captured in “a Latin country” depicting banks throwing out…

A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining. According to the Digital Development Minister of Kazakhstan, Bagdat Mussin, the country is in negotiations regarding investments in its cryptocurrency mining sector amounting to 300 billion tenges ($714 million).Earlier in June, another Kazakh minister, while arguing…

Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17.Also, I’m buying Manchester United ur welcome— Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk's tweetTo clarify, MUFC is not an…

Bullish news kickstarts a lackluster Bitcoin after an overnight slump neared $53,000 and altcoins kept surging. 7090 Total views 37 Total shares Bitcoin (BTC) staged a characteristic comeback on May 5 as a day of losses turned around in a flash.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price nears $58,000Data from Cointelegraph Markets Pro and…

Crypto and blockchain get better legal clarity in the alpine country. Swiss parliamentarians on Thursday passed a new set of finance and corporate law amendments that recognize the blockchain and cryptocurrency industry.As per a Swiss Info report, the government has amended several laws ranging from company bankruptcy to securities trading. The new set of laws define…

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director Yemel Jardi told Cointelegraph. “Rather, it’s maturing."Jardi’s comments come after a September report from