Tag: bitcoin trader

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CityCoins expanding services via 11 new incubated projects

The CityCoins project on Stacks is getting added functionality through 11 new startups from the Stacks Ventures project incubator. The Stacks Ventures project incubator has accepted 11 projects to help make CityCoins more appealing to global mayors who want to utilize a digital asset to receive rewards and bolster their economies. Stacks Ventures is a…
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Institutional investment flows out of ETH and into competing L1 altcoins

Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million. Institutional investors have shifted their attention from Ethereum (ETH) to competing Layer 1 blockchains of late, with capital inflows for altcoin investment products increasing last week whilst Ether products posted outflows for the third week in a…
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Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’

Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain analysis firm that focuses on…
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Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack

The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today. Meme Token Assets…
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More Crypto Regulation May Be on the Way in Mexico, Suggests Central Bank Chief

  The Governor of the Bank of Mexico (Banxico) has spelled out its position on crypto – and has hinted that it may seek to expand the scope of its regulation of the sector. In a report from Forbes Mexico, the Governor, Victoria Rodríguez Ceja, was quoted as telling the Senate that she and her…
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Japanese Automakers Toyota and Nissan Unveil Metaverse Plans

  Nissan and Toyota, two of the biggest Japanese automakers, are among the latest major brands and companies to reveal their respective metaverse plans. Nissan has created a digital version of its brand experience gallery, dubbed Nissan Crossing, where visitors can gain an understanding of the company’s suite of advanced driving technologies, according to a…
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Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

Markets took a turn for the better after BTC reclaimed $40,000 and the excitement over Elon Musk buying Twitter translated to a 20% pump for DOGE price. The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that…
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Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26

The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails. Regulation by enforcement, a fast and economical substitute for thorough rulemaking, is widely regarded as some of the U.S. executive agencies’ preeminent approach to crypto regulation. It could be summed up as letting…
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Elon Musk buys Twitter for $44B — crypto industry reacts

The company’s board of directors unanimously approved the deal on Monday but added it was still “subject to the approval of Twitter stockholders.” In the hours and days before Tesla CEO Elon Musk’s purchase of social media giant Twitter, discussions on free speech were common among many online users both in and out of the…
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Elon Musk Purchases Twitter for $44 Billion, Social Media Company Will Transition to a Private Company

On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $54.20 per share in a transaction valued at $44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims to Enhance Free Speech and Unlock Twitter’s Potential Tesla’s Elon Musk…
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