The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while…
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BTC price is holding slightly below $38,000, but analysts warn that mounting macroeconomic issues and a lack of buyers could lead the price to “probe lower.” Bitcoin’s sell-off appears to be taking a pause even though the United States rolled out new sanctions against Russia on Feb 22. Data from Cointelegraph Markets Pro and TradingView shows…
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BLZ is positioning itself for the next GameFi surge by launching its own play-to-earn game and integrating with emerging networks like Cosmos. The cryptocurrency market has had a less than stellar start to the year and it appears that the downtrend that began after the November 2021 market peak has been extended thanks to a…
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As a part of the launch, Coinbase has partnered with Ledger to release a limited-edition Coinbase-branded Nano X hardware wallet. Coinbase Wallet, an in-house wallet service offered by prominent crypto exchange Coinbase, has rolled out browser extension support for Ledger hardware wallets. The Coinbase Wallet extension, available in the Chrome Web Store, is a noncustodial…
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“This campaign aims to educate and inspire the investment community to take action and make their voices heard on this historic decision,” said Michael Sonnenshein. As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund (ETF), the firm has called on…
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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022. “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022. But first,…
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Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia…
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Salvadoran President Nayib Bukele previously announced that El Salvador’s GDP grew over 10% in 2021. El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for its gross domestic product but also for the local tourism development. According to El Salvador’s tourism minister Morena Valdez, the…
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“There could be individual situations where a consulate might also accept other proof of assets, such as crypto-assets,” said Laura Bernard of the European Commission. For international travelers still able to cross borders amid an ongoing pandemic, using cryptocurrency to prove they have the means to sustain themselves abroad is a relatively new concept. Many…
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KMD’s price surged after the project added support for 13 blockchain networks and announced plans to launch an NFT collection. Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in…
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