West Virginia legislator introduces digital asset reserve bill
According to an analysis from VanEck, US states with pending strategic reserve legislation could drive $23 billion of demand for Bitcoin.
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Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin
Decentralized cryptocurrency exchange BHEX Exchange has concluded a $15 million funding round with support from major exchanges like Huobi and OKCoin, according to a press release shared with Cointelegraph Nov. 29.Per the release, BHEX’s new round of funding was conducted with participation from leading industry players, including Huobi Global, OKCoin, and Genesis Capital, among others.…

NFT Investments PLC mulls £96M acquisition of Pluto Digital
In 2021, the firm made seven investments and one exit in an early-stage NFT business. 208 Total views 14 Total shares On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound acquisition of…

The absurd AI mania is coming to an end
Venture capital interest in cryptocurrency has decreased significantly since the bull run of 2021. At $2.3 trillion in market capitalization, every VC wanted a piece of the industry.The picture is now very different. Another dominant force in the market has attracted the vast majority of venture funding over the past year: artificial intelligence large language…

At Current Rates, Cash App To Buy 16% of New BTC Supply After Halving
Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the company’s Bitcoin buying rate will account…

Disgraced MP tells Parliament UK can be the ‘home’ of crypto
“These innovations have the potential to disrupt finance, just as social media has disrupted communication, or online shopping has changed retail,” said Matt Hancock. 627 Total views 45 Total shares The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to…

Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro
American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT.According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major United States-based cryptocurrency exchange Coinbase Pro.According to an announcement, OXT will be available in Coinbase’s supported jurisdictions, with the…

First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on.After hitting its highest since the Terra LUNA crash last week, the largest cryptocurrency nonetheless continues to fail to reclaim $30,000 as support.What could be in store this week? The potential for major upheaval from macro players, notably…

Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
According to RWA.XYZ, BlackRock's US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management.