What crypto policies can voters expect from potential VPs under Kamala Harris?
Despite endorsements from major party leaders, the top and bottom of the Democratic presidential ticket have yet to be fixed.
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$29K Bitcoin is closer than you might expect, according to derivatives data
Bitcoin (BTC) price continues to battle at the $24,000 resistance and the price was rejected there on Aug. 10, but the rejection was not enough to knock the price out of the 52-day-long ascending channel. The channel has a $22,500 support and this bullish formation suggests that the BTC price will eventually hit the $29,000…
Ethereum breaks away: Several factors power ETH all-time high push
After a recent slump across cryptocurrency markets, Ether has surged to new all-time highs off the back of a number of important events and metrics. Overall, 2021 promises to be a crucial year for the Ethereum blockchain as developers continue to work toward the network’s integration with Eth2, which will see the blockchain part ways…
Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. 181 Total views 2 Total shares Epic Games, the company behind Fortnite, has slashed 16% of its workforce — approximately 830 staff — after unrealistic expectations of metaverse-inspired revenue caused it to spend “way
Cardano Partners With South African Blockchain Alliance To Boost Adoption
The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA) on April 7. The partnership endeavors to explore further ways to strengthen technology’s adoption throughout South Africa.According to the official announcement, Cardano will use blockchain technology to boost socio-economic growth in South Africa. The Foundation believes such a partnership will help…
Russia’s regulatory sandbox and the implementation of blockchain tech
The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations.The solution to this problem would be the introduction of a special “regulatory sandbox” regime. It means the…
Qatar gets slammed for not taking enough action against crypto companies
Qatar has been told by the global money-laundering watchdog to improve its “understanding of more complex forms” of financial crime. 80 Total views 1 Total shares The global watchdog fighting money laundering and terrorist financing has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations prohibiting virtual asset service providers.In…
Crypto-focused software firm Lukka raises $53M in funding round
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space. 959 Total views 9 Total shares Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a…
Bitcoin price drops its early week gains — Here is why
Bitcoin (BTC) price gained 6% from Oct. 1 to Oct. 2 but after failing to break the $28,500 resistance, the price dropped by 4.5% on the same day. This decline happened because of the disappointing performance of Ether (ETH) futures exchange-traded funds (ETFs) that were launched on Oct. 2 and concerns about an upcoming economic