Trump plans executive order making crypto a national priority: Report

Crypto exchange Bitfinex shareholder Zhao Dong has reportedly revealed that the exchange has sealed $1 billion in both hard and soft commitments for its initial native exchange token offering. The news was reported by crypto news outlet Coindesk on May 9.As previously reported, plans to issue a native Bitfinex exchange token first surfaced in late…

This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city.Fast factsCity: New York Country: United…

This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300. Meanwhile, altcoin investors are growing increasingly bullish sentiment wise and a number of lesser-known altcoins rallied impressively throughout the week. Ether price (ETH) is also heating…

Assets under management for institutional funds have hit a record high of $59 billion. 2553 Total views 21 Total shares According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows.As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this…

China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. 1722 Total views 12 Total shares The Chinese national blockchain project, the Blockchain Service Network, is planning to pilot integration with global central bank digital currencies.According to a Jan. 15 blog post, the…

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine.The development is unsurprising given that at the end of October SAFE deputy head Lu Lei said that there are plans…

Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. Picking the wrong platform could potentially lead down a road riddled with hacks, distractions and wasted effort.When looking for the right exchange, interested parties must first know what they are looking to accomplish. For…

The largest Bitcoin mining pools are signaling for Taproot but the activation may not reach the 90% critical consensus mark during this current difficulty epoch. 6983 Total views 17 Total shares Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash rate…

Bitcoin SV will provide education for up to 31 million people through a partnership with China’s largest developer network. Bitcoin SV’s Bitcoin Association has launched a ‘Bitcoin SV Developer Zone’ in partnership with the Chinese Software Developer Network (CSDN).CSDN is the largest developer community in China and has 31 million users. The zone will provide…