Why is Bitcoin price stuck?

Algorand to provide creation of nonfungible tokens for the gaming industry within the Blockchain Game Alliance. 1829 Total views 16 Total shares An American blockchain technology startup, Algorand, has joined a major blockchain gaming association, the Blockchain Game Alliance, or BGA.Algorand, known for providing technology to a number of national digital currency projects, is now…

The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. 653 Total views 34 Total shares Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for…

The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports. 208 Total views 2 Total shares Own this piece of history Collect this article as an NFTA crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the…

Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. 1529 Total views 19 Total shares The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor…

The company claimed its CBDC solution would allow Bhutan's central bank to deploy a digital ngultrum "without compromising financial stability or monetary policy objectives.” The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom.In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would…

Bukele also envisions an oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and Volcano bonds. 1650 Total views 39 Total shares Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization,…

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. 274 Total views 3 Total shares The United States Commodity Futures Trading Commission (CFTC) has unveiled its enforcement outcomes for fiscal year (FY) 2023. It highlights a historic surge in digital asset cases, actions

The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. 453 Total views 2 Total shares The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH). On July 31, Ethereum core developer…