UAE to introduce legal framework for DAOs
UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally.
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US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership
United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21.Per the announcement, Seed CX will join the list of supported digital asset trading venues available on the Sigma trading platform…

JP Morgan executes first DeFi trade on public blockchain
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale…

Bitcoin Price Will See $16,000 ‘Soon-Ish,’ Predicts Binance CEO CZ
Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says a price of $16,000 per Bitcoin will happen “soon-ish,” in a tweet sent on Nov. 1. Zhao explains that price predictions are easy, but getting the timing right is hard. He said:“Lol, price predictions are easy. It's just hard to be right about the timing. We…

OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH
OpenSea's record-high daily volume on Jan. 9 was $261 million. Thus far in Jan., OpenSea has averaged $169 million in trading volume for each day. 110 Total views 4 Total shares With two more weeks left in Jan., NFT marketplace OpenSea has seen its monthly trade volume in Ether (ETH) exceed $3.5 billion for the…

ECB President: Stablecoins and Crypto Not Suitable Money Substitutes
Mario Draghi, president of the European Central Bank (ECB) shares his views on stablecoins, the future of crypto assets, and possible digital form of the Euro.Monitoring developments in cryptoOn Sept. 27, in a letter addressed to European parliament member Eva Kaili, ECB president Mario Draghi noted that the European System of Central Banks (ESCB) is…

Bitfarms expands into Pennsylvania amid Riot’s growing stake
Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%.

3 key metrics to watch as Bitcoin price tries to top $20,000
For the past week, Bitcoin (BTC) price has been flirting with the $20,000 mark, which has led some traders to lose their patience. In the eyes of some traders, the lack of bullish momentum is problematic, especially considering that BTC tested the $16,200 level roughly a week ago.Experienced traders know that there are key indicators…

Binance CEO CZ: Bitcoin is less volatile than stocks like Apple and Tesla
Changpeng Zhao says the crypto faithful are in it for tech compared to gain chasers looking for the next “moon-shot gem.” 2989 Total views 16 Total shares Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices…