Cryptocurrency Analysis and News Portal
I often hear from those new to Web3 or blockchain technology (including in my old TradFi world) that they “see the value of the blockchain technology, but that crypto is worthless.” Unfortunately, these comments are common by those who don’t realize that a blockchain needs native cryptocurrency to process transactions,
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Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We
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A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country are
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A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to a completely different regulatory regime.” US Senator Calls for ‘Transparent Notice-and-Comment
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John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for the crypto market.In an Oct. 13 letter, Hickenlooper called on the SEC to take action on regulatory issues including identifying the cryptocurrencies that
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Increasing and elevated U.S. interest rates are headwinds for bitcoin, one researcher said. Source
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Sam Sangmin Seo, founder and head of The Klaytn Foundation, says blockchain technology plays a crucial part in metaverse technology, for it provides interoperability between different metaverses.See related article: Kakao’s Klaytn partners with OpenSea for NFT expansion in AsiaFast facts“Blockchain can provide means to implement virtual economy in the metaverse,”
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Ether, the second-largest crypto by market cap, was changing hands at about $1,140, up slightly for the same period. Other major cryptocurrencies by market cap in the CoinDesk top 25 were largely up from the previous day with AVAX and SAND among the biggest winners, recently rising more than 9%
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Kevin O’Leary spoke to CryptoX ahead of the move to the Toronto Stock Exchange of WonderFi, the crypto marketplace in which he’s a strategic backer. Source
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The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CryptoX TV’s "First Mover," program. Source
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