Cryptocurrency Analysis and News Portal
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital commodities.According to a discussion draft published on June 2, lawmakers proposed “establishing a functional framework” aimed at providing regulatory clarity for crypto
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A provocative new advertising campaign from cryptocurrency exchange OKX challenges traditional finance and Web3 competitors by calling for a rewrite of current financial and digital systems.The company released its latest production-quality advert, which subtly aims at the American exchange Coinbase and the broader traditional finance space. In an in-depth interview with
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Moody’s also put the ratings of six other banks in the US under review. Ratings agency Moody’s has downgraded the debt ratings of recently collapsed Signature Bank (NASDAQ: SBNY) to junk amid the happenings in the US banking sector. Signature Bank began to lose its shares following the demise of
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Billionaire Mark Mobius, founder of Mobius Capital Partners, says he cannot take his money out of HSBC in Shanghai, China. Citing severe capital control by the Chinese government, he stressed: “It’s crazy … They’re putting all kinds of barriers.” Mark Mobius Has Trouble Getting His Money Out of HSBC in China The
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Called Project DAMA, the collaboration between Deutsche Bank and Memento Blockchain aims to address the challenges associated with launching and accessing digital asset funds. Source
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Asset management firm Devere Group says that 82% of millionaires surveyed have asked their financial advisors about adding cryptocurrencies, such as bitcoin, to their portfolios despite the crypto winter. “Wealthy investors understand that digital currencies are the future of money, and they don’t want to be left in the past,”
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The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles
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Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue.During a panel session in Davos, Switzerland, moderated by Cryptox’s editor-in-chief Kristina Lucrezia Cornèr on Jan.
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Career commodities trader Peter L. Brandt is now claiming that Bitcoin is putting in a “low for this cycle now,” according to a new TradingView post. This call for a bear market bottom is already being met with skepticism, but given the chilling accuracy at which Brandt had made related to
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The need for such content has never been more acute. In the last 12 months, we’ve seen crypto and Web3 seep ever more into mainstream conversation. It has penetrated America’s power centers. NFTs (non-fungible tokens) are now minted by actors, athletes and musicians, while franchises such as Bored Ape Yacht
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