Trump-themed MAGA memecoin rallies after his pro-crypto comments
Politically themed memecoins defy the crypto market’s drab performance by rallying in excess of double-digit gains.
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Africa is the future of DeFi, argues Cardano’s Charles Hoskinson
The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world's second-most populous continent 663 Total views 8 Total shares In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus…
Paypal USD: Boon for Ethereum but not decentralization, says community
Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream adoption, it could also spell trouble for decentralization and personal control of assets, warns the community. The new stablecoin, Paypal USD, was launched on Aug. 7 and is issued…
High priced $32K Bitcoin options show some pro traders expect more upside
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. 1458 Total views 10 Total shares A month ago, one would be hard pressed to find any investor who would have expected a $32,000 Bitcoin (BTC) price for January. At the time,…
Alt winds of change? What an altcoin season would mean for crypto
A new alt season is here — at least, according to some crypto industry commentators. Over the last month, altcoins — aka cryptocurrencies that aren’t Bitcoin (BTC) — have surged in price, with projects such as Solana, Cardano and Polkadot seeing their tokens triple in value. However, though people are screaming “alt season” with an…
Progressive group adopts Bitcoin as ING and PayPal block donations
Progressive International made another case for Bitcoin as a tool for circumventing the traditional financial system. 284 Total views 13 Total shares Progressive International, a global organization supporting progressive left-wing activists and organizers, is moving into cryptocurrencies in response to getting de-banked by major payment and banking firms.The organization took to Twitter on Monday to…
Dubai regulation check: Which companies got approvals recently?
Dubai has positioned itself as one of the most crypto-friendly cities, establishing a new regulator to cement the United Arab Emirates (UAE) position in the crypto space. Following this, crypto exchanges began to flock to the region, securing the newly-formed regulator's approval to operate within the region. In March, Dubai’s authorities announced a new law on…
Japan’s Financial Watchdog Seeks to Regulate Unregistered Crypto Investment Firms
Japan's Financial Services Agency (FSA) is considering the regulation of unregistered firms that solicit investments in cryptocurrencies, Cointelegraph Japan reports on Jan. 8.The development is reportedly a bid to close a loophole in the country’s existing regulatory framework, in which unregistered firms that collect funds in crypto rather than fiat currencies remain in a gray…
Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.