Category: cryptocurrencies

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Crypto rallies to $2T market cap as institutions signal readiness to enter

Goldman Sachs revamped its website’s homepage to reflect newfound bullishness toward crypto and blockchain technology. Bitcoin (BTC) and the broader cryptocurrency market rallied on Thursday, as the total value of digital assets crossed $2 trillion for the first time in over three weeks amid signs of a clear shift in market sentiment — headlined by…
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Russia May Accept Bitcoin for Gas Exports, Lawmaker Says

Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take cryptocurrency for natural gas and other resources. Russian Official Mentions…
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Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking…
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Florida Governor Ron DeSantis Says State Is ‘Figuring out Ways’ to Allow Businesses to Pay Taxes in Bitcoin

Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on accepting bitcoin “for payments in…
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Meta files 8 digital asset and Web 3 trademark applications

It appears the trademark applications cover just about every aspect of the Web3 metaverse. Meta, formerly Facebook, has filed eight trademark applications with the United States Patent and Trademark Office, or USPTO, relating to blockchain technology and its proposed metaverse. The applications and their fields of interest are as follows, organized by serial number: 97320155:…
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Ethereum price breaks through $3K, but analysts warn that a retest is needed

ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first. The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread economic uncertainty are taking a toll…
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Fetch.ai (FET) gains 43% after $150M development fund and Cosmos IBC announcement

FET price could be eying new highs after fresh exchange listings, the launch of a $150 million development fund and plans to further integrate the protocol with the Cosmos ecosystem. Development across the cryptocurrency ecosystem continues to move forward despite the day-to-day whipsaw price movements and this progress is furthering the public’s awareness of Web3…
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Thailand Adopts Rules Restricting Cryptocurrency Payments From April

Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues Regulations Limiting Use of Digital Assets for Payments Financial regulators in Thailand…
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Bitcoin is ‘not regulated’ — Honduras’ central bank pushes back against legal tender rumors

The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC. The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting Bitcoin as legal tender like its neighbor El Salvador — and the answer seems to be…
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‘Satoshi Island’ crypto utopia receives 50K citizenship NFT applications

A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future. Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is…
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