3 reasons why Bitcoin price is clinging to $38,000
BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold. Bitcoin (BTC) has been unable to break from…
Crypto Bahamas: Regulations enter critical stage as gov’t shows interest
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets. The crypto community and Wall Street converged last week…
Bitcoin nervously awaits Fed as Paul Tudor Jones says ‘clearly don’t own’ stocks, bonds
“You can’t think of a worse macro environment” than right now, Tudor Jones tells mainstream media ahead of the Fed’s presumed rate hike confirmation. Bitcoin (BTC) kept investors guessing on…
Blockchain games take on the mainstream: Here’s how they can win
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue.…
MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion. Business intelligence firm MicroStrategy said it will…
Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC
The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a Tuesday podcast. Former United States Federal Reserve vice-chair for supervision…
Markets are weak, but ALGO, FXS and HNT book a 20%+ rally — Here’s why
Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments. Large-cap cryptocurrency continue to slump as investors…
Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency. United States Senator Cynthia Lummis appeared on a livestream hosted by…
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto…
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is…
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investing in…
Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers
Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations…
Gatorade trademark applications hint at joining the metaverse
Should Gatorade go meta, it may join a number of major food and drink brands exploring virtual offerings, including Coca-Cola, McDonald’s, and Anheuser-Busch. Stokely-Van Camp, the beverage company with the…
Record-high surge in Ethereum Name Service domains triggers 90% rally in ENS
ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April. A handful of industries and tech workers are shifting from Web2 to Web3 and with…
Nym Technologies raises $300M to advance internet privacy, sending token price up
The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies. Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in…