“Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector,” said Stefan Berger. The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining. In a Monday Twitter thread, European Parliament Committee on Economics…
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There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex, and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode. Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal amount…
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The Bitcoin mining company is expanding to Texas with new custom-built ‘greener’ mining devices that will be powered by Intel Bonanza Mine chips. Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their new custom mining devices. HIVE has…
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There are now more than 20,000 new scholars in the guild, which is still seeing sustained demand for play-to-earn gaming. The popular gaming guild YGG has reached a milestone in terms of new scholars for the Axie Infinity platform and various other play-to-earn games. Yield Guild Games reported 20,700 unique Axie Infinity scholars in February,…
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At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently the tightest since 2020. Meanwhile, bond markets during Monday’s trading…
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Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says that “what is happening with the U.S. dollar now is the end of the U.S. dollar.” He explained that “an international currency is supposed to be neutral but in Washington, they are now changing the rules,” emphasizing, “Washington does not…
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Bitcoin price struggled to recover above USD 39,000. BTC started another decline and traded to a new weekly low near USD 37,200. It is currently (04:20 UTC) recovering above USD 38,700, but it might face resistance near USD 39,000 and USD 39,250. Similarly, most major altcoins are attempting an upside correction. ETH tested USD…
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Capital flowed into BTC funds for a seventh consecutive week, while ETH products registered their largest gain in 13 weeks. Inflows into cryptocurrency investment funds rose sharply last week, offering cautious optimism that investors are broadening their exposure to digital assets despite geopolitical uncertainty and monetary tightening from central banks. Digital asset investment products registered…
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Apple co-founder Steve Wozniak says Bitcoin is “the only one that’s pure-gold mathematics.” He is skeptical of most other cryptocurrencies. In addition, Wozniak is a fan of the metaverse but is less enthusiastic about non-fungible tokens (NFTs). Apple’s Steve Wozniak Praises Bitcoin Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with the Insider,…
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A batch of new crypto regulations is incoming in Japan – where the nation’s top financial and crypto regulator has put forward legal amendments to payments-related legislation. The proposals were made by the Financial Services Agency (FSA), which has proposed making alterations to two existing acts of law as part of a bid to…
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