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The largest cryptocurrency by market cap was recently holding above $42,400, roughly where it perched 24 hours ago. Ether, the second-largest crypto by market cap, was about as flat over the same period. Cardano's ADA and Axie Infinity's AXS were the stars of the day, each rising about 10%, respectively.
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The QuickSwap community has decided to split the platform’s native token, QUICK. Reacting to the upside in the last hour and past 7-days, QUICK could see more upside as the Polygon-based decentralized exchange moves to increase its level of adoption. Related Reading | QuickSwap Asks The Community, To Split or Not
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The provision, entitled “Strengthening financial resilience,” says: “To further safeguard financial stability, we are taking important steps to discourage the use of cryptocurrencies with a view to preventing money laundering, informality and disintermediation.” Source
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There is an added complication to doing a hard fork rather than an automated parameter change. Validators, the equivalent of Bitcoin’s miners on Cosmos and other proof-of-stake systems, could choose to continue monitoring transactions for the original chain, as with any blockchain hard fork. But there would likely be few
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Bitcoin (BTC) still faces resistance below $40,000 as traders weigh aftermath of EU cryptocurrency legislation and rate hikes this week from the Fed. Original Source
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“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article 10 of that Regulation, with a view to including in the EU sustainable finance taxonomy any cryptoasset mining activities
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Bitcoin (BTC) stayed steady at $39,000 into March 14's Wall Street close as stocks took the opportunity to reclaim some losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBulls need "miracle" $40,600 reclaimData from Cointelegraph Markets Pro and TradingView showed BTC/USD unmoved at the opening bell on March 14.The pair had rebounded from
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Bitcoin-Banning Measure Seen Too Close to Call in Tomorrow's EU Parliament Vote Source
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The new draft, reviewed by CoinDesk, has a similar provision though significantly toned down from the original. It says that crypto assets "shall be subject to minimum environmental sustainability standards with respect to their consensus mechanism used for validating transactions, before being issued, offered or admitted to trading in the
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The proposal appears to be the first major instance of a blockchain community potentially voting tokens out of the hands of a fellow holder. The implications are massive. Source
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