Bitcoin price remained well bid above the USD 38,000 level, started a short-term upside correction above the USD 38,500 level, and is currently (11:57 UTC) testing the USD 39,000 level. BTC is up over 1% in a day and 2% in a week. Similarly, most major altcoins are facing key hurdles. ETH must clear…
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Popular blockchain protocol Polkadot (DOT) has launched its messaging system XCM (cross-consensus messaging) to enable communication between its various parachains and allow assets like non-fungible tokens (NFTs) to be transferred from one chain to another. With the launch of this format, Polkadot fulfills its foundational objective to be a fully interoperable multichain ecosystem, the…
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The NFT market is thriving, actually. Once again, the Wall Street Journal makes a fool of itself by tackling subjects beyond the publication’s comprehension. The author declares “the NFT market is collapsing,” citing suspicious numbers and two cases of bad trades as proof. And then, to top it all off poses a terrible theory. The…
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The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations’ push…
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Independent creators and artists should feel empowered by decentralization and not play by Big Tech’s rules, especially in the Metaverse. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st…
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Bridges have become one of the largest points of failure in the crypto industry. Polkadot wants to do away with them. Blockchain platform Polkadot has launched a new cross-chain communications protocol, saying it will do away with cumbersome bridging mechanisms that have cost the crypto industry billions in cyber attacks. The newly launched XCM messaging…
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From ecological seafood to Bored Apes, blockchain technology is making its presence felt in homes. Blockchain technology is familiar to cryptocurrency users and national banks, and awareness of it is spreading fast to gamers. Applications in industry, particularly supply chain management, have been appearing as well. Through them, blockchain technology may improve domestic life in…
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Cointelegraph spoke with former U.S. presidential candidate Andrew Yang at Crypto Bahamas to learn more about his thoughts on crypto and politics. Although cryptocurrency may still be misunderstood on Capitol Hill, crypto is becoming more political as its influence gains traction. For instance, lobbying by those involved in the cryptocurrency industry has reached new heights.…
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It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline in value. However, because the…
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The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya,…
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