New EU proposal looks to tighten regulations for sending cryptocurrency
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity. Go to Source Powered by WPeMatico
DIGIT
Social NFT platform DeFine raises $5M from Asian investors
The market for nonfungible tokens, or NFTs, appears to be growing in Asia. Several companies and venture funds have backed DeFine in its quest to bring NFTs to mainstream audiences. Go to Source Powered by WPeMatico
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments. Poll Confirms Strong Institutional Interest in Digital Assets Despite the uncertain regulatory … Read more
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
Bitcoin’s drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals? Go to Source Powered by WPeMatico
Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance
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Mastercard’s latest partnership to help banks distribute crypto cards
The partnership is aimed towards simplifying cryptocurrency-to-fiat conversions within Mastercard’s existing payment network Go to Source Powered by WPeMatico
Bitcoin erases 2021 gains as BTC price falls to ‘biggest bid ever’ on Binance
BTC is back at square one when it comes to this year’s bull market, but unparalleled bids are doing their best to halt any further losses. Go to Source Powered by WPeMatico
CoinFund debuts $83M crypto startup fund
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which they are built.” Go to Source Powered by WPeMatico
Neon Labs deploys cross-chain Ethereum Virtual Machine on Solana
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Go to Source Powered by WPeMatico
Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day. Bitcoin’s Market Cap Sees $19 … Read more
