Cryptocurrency Analysis and News Portal
At the WEF’s 2022 Davos agenda, Narendra Modi, Indian Prime Minister, called for a united global stand to tackle the issues emerging from the cryptocurrencies’ increasing adoption. The key takeaway of the Indian PM’s talk was, “A single country cannot tackle the challenges from crypto well enough.” Call For A Standard
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Cryptocurrencies moved toward the year-end in a positive mood, with bitcoin – the largest by market value – adding about 3% over 24 hours and ether, the No. 2, also gaining more than 3%, CoinDesk data show.Bitcoin climbed above $48,000, the highest in three days, while ether topped $3,800, the
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Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest
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The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn.In a Tuesday hearing on “Stablecoins: How do They Work, How Are
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“Crypto-asset service providers that deliver critical functions should be licensed or authorized. These would include storage, transfer, settlement and custody of reserves and assets, among others, similar to existing rules for financial service providers.” Source
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Less than two weeks are left before the start of one of the most anticipated blockchain games of 2021 — Cryptosnake. Now the project already has more than 60 thousand active community members who are waiting for the start of the game. Two whales even bought two game NFT Artifacts
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Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done now,” noting that it is the result of Ripple’s “direct interactions with regulators
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Plenty of crypto operators will rightly view putting enforcement ahead of regulation as shutting the barn door after the horse is loose. To some extent, it’s a consequence of the shifting priorities of a new administration. Trump administration regulators, for better or for worse, made only incremental progress on laying
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The round was led by North Island Ventures with participation from Polychain Capital, Reciprocal Ventures, Leminscap, CMT Digital, Free Company, Alameda Ventures, Infinite Capital, Flow Ventures and Drops Foundation, the company announced on Tuesday. Source
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The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors
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