Cryptocurrency Analysis and News Portal
Quick take: Michael Saylor has joked about ‘getting back to work’ at McDonald’s Mr. Saylor posted a meme of himself behind the counter of the popular fast-food chain Bitcoin has continued on its downward trend losing several support zones from $39k Bitcoin has set a local low of $31k as the $32k support level
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Gucci will begin accepting crypto payments at five stores as part of a wider commitment but the success of its initiatives is uncertain; bitcoin plummets. Source
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According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4
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While a CBDC can serve multiple purposes, Project Lithium is particularly focused on the needs of the financial services industry, such as how a CBDC could benefit the clearing and settlement of securities. For example, the project aims to demonstrate direct, bilateral settlement of cash tokens in real-time delivery-versus-payment (DVP)
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press release PRESS RELEASE. The leading virtual currency exchange, Bitcoin of America, is announcing its return to BTC 2022 in Miami. Bitcoin of America made headlines last year at Bitcoin 2021 for promoting females in the cryptocurrency space. This year the company is back and bringing even more of its
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Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce Comprehensive Framework to Regulate Crypto Industry U.S. Senators Kirsten
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U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation. Treasury
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United States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C. As Gillibrand specified, she and Lummis are undertaking “a very complex and intensive review” of different aspects of the industry,
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Lemonade (LMND), the $1.7 billion company listed on the New York Stock Exchange, is rolling out a newly created decentralized autonomous organization (DAO) called the Lemonade Crypto Climate Coalition. Administered by the Lemonade Foundation, the project includes representatives from Avalanche, Chainlink, DAOstack, Etherisc, Hannover Re, Pula and Tomorrow.io. Source
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Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once they pass policy,” said O’Leary. U.S. Senators Working on Crypto
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