Why is the crypto market up today?

Barbados-based fintech startup Bitt Inc. has signed a Memorandum of Understanding (MOU) with the Central Bank of Curaçao and Sint Maarten (CBCS) to research the possibility of issuing a digital guilder, according to an August 12 press release. The parties signed the MOU in order to develop a central bank digital currency to facilitate financial…

Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things," like fintech, which he described as the “future.” United States Acting Comptroller of the Currency (OCC) Michael Hsu has expressed concerns that regulators are spending “too much time on crypto," rather than more…

Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the launch. 1255 Total views 39 Total shares Decentralized application (DApp) platform Matic Network (MATIC) has successfully launched its mainnet following two and a half years of development.A…

The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing. 125 Total views 1 Total shares Google and Accenture, who have a joint business venture, are being accused by the Alphabet Workers Union of being in violation of federal labor…

Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1.CoinMarketCap, a major source of data about all traded digital currencies, has made a series of announcements to celebrate its sixth birthday today.As…

Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood.According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past three years. Moreover, 4 in 10 respondents say they are open to future investments in digital assets…

Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates on June 26.According to Hoskinson, emerging markets are the future. He says:“Emerging markets are where cryptocurrencies matter [...] When I…

Australian Senator Andrew Bragg hasmet with U.S. Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-friendly politician from the ruling Liberal Party (a conservative center right party) that has been one of the driving forces behind a proposed forward-thinking regulatory scheme in Australia. Last year…

After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. 600 Total views 23 Total shares The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website…