Bookmarking Crypto Insights
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that “consumers are pulling back on their net investment into … Read more
Merge trials on testnets are essential to allow Ethereum developers and independent project developers to understand what they can expect when the actual Merge takes place. Go to Source Powered by WPeMatico
Some residents have reportedly told the crypto-friendly city of Próspera to “go home” following the Honduran government’s repeal of the ZEDE legislation which enabled it. Go to Source Powered by WPeMatico
Cryptocurrency markets continue to trade sideways as the third quarter of 2022 is off to a shaky start. Regulators continue to clash with crypto ETFs, inflation fears loom ahead, and the housing market is rapidly slowing down. On the bright side, Metaverse crypto coins remain highly popular, and projects continue to build their products in … Read more
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. Elon Musk’s Boring Company to Accept Dogecoin Payments The Boring … Read more
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months. Go to Source Powered by WPeMatico
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians Buy More Hardware Crypto Wallets, Market Players Say Russian crypto users have … Read more
Moving rigs from New York to Texas was part of Riot’s effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.” Go to Source Powered by WPeMatico
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed there’s a growing number of crypto companies feeling financial burdens, and “uncertainty” tied to stressed entities is “hanging over … Read more
The Belgian Financial Services and Markets Authority created a chart to differentiate crypto asset securities, investment instruments and financial instruments. Go to Source Powered by WPeMatico
