Cryptocurrency Analysis and News Portal
The executive order appears to be broadly supportive of the digital asset industry and seeks to put the U.S. “ahead of the curve” as crypto becomes a more important part of the global economy, said Jefferies analyst Jonathan Peterson in a note to clients. Source
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An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail
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Recently, Cryptox spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend. The company that sets up the infrastructure to get Bitcoin dividends into the hands of citizens is CityCoins, an open-source protocol that provides fundraising mechanisms for cities. Miami
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Bitcoin is close of ending its first week of the year in the red, as the crypto market took another blow and sits at critical support. The benchmark crypto records a 7.3% loss in 24 hours, trading at $43,000 after coming back from the lows near $42,000. Related Reading | U.S.
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CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers
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El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies (CBDC) on the same infrastructure, said the head of multicurrency investment platform Uphold.Speaking to Cointelegraph,
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Companies including Disney, video game publisher Electronic Arts and Robinhood Markets are expected to benefit from non-fungible tokens (NFTs), according to a new report from Citi.“The advent of NFTs promises significant disruption to any/all sectors with exposure to IP (intellectual property), licensing and merchandise related revenues,” Citi analyst Thomas Singlehurst
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A blog by Elizabeth Denham, UK Information Commissioner 20 September 2021 The free flow of data between countries is crucial for UK businesses. It
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The UAE (United Arab Emirates) is moving to secure its presence within the digital asset sector. They have also applied various efforts to promote the adoption of blockchain-based technologies. According to Bittrex Global cryptocurrency exchange CEO Stephen Stonberg, Dubai and the United Arab Emirates are among the very friendly jurisdictions to
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The United Arab Emirates (UAE) and Dubai are among the friendliest jurisdictions for the cryptocurrency industry, according to Stephen Stonberg, CEO of Bittrex Global crypto exchange.Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Stonberg said in a Sunday
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