Bitcoin price started a fresh increase above the USD 42,500 resistance zone and briefly traded above the USD 43,000 level. It is currently (04:26 UTC) trading near USD 42,850 and is up 2% in a day. Similarly, most major altcoins are gaining momentum. ETH remained strong above USD 2,900 and climbed above the USD…
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A statement from ECB President Christine Lagarde labeling cryptocurrency a “threat” to global security seems at odds with the real world data and expert opinion. The President of the European Central Bank, Christine Lagarde has reiterated warnings that Russian individuals and businesses are using cryptocurrencies to skirt sanctions. However, as of March 18, daily ruble-denominated…
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The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell talked about the need to establish new regulation for cryptocurrency Wednesday…
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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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The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft…. Read More: Singaporean Court Recognizes Crypto as Property in Theft Case Read more »Pay, Trade, Buy…
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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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Bitcoin price started a downside correction from the USD 43,400 zone and traded below USD 42,000. It is currently (12:04 PM UTC) consolidating near USD 42,000 again, but still might decline to the key USD 41,550 support. Similarly, most major altcoins are trading near important support levels. ETH is trying to stay above USD…
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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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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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On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s ZK-rollup technology, the platform “inherits Ethereum’s self-custodial security while abstracting away costly gas-fees, leaving no one…
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