On-chain privacy is key to the wider mass adoption of crypto
Blockchain transactions need privacy to catalyze mass adoption. On-chain privacy is coming, and that’s good for businesses and investors. Go to Source Powered by WPeMatico
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Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’
Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries. Go to Source Powered by WPeMatico
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not Ban Bitcoin Mining The parliament of Norway has considered … Read more
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. Go to Source Powered by WPeMatico
Crypto donations fund ATVs and gas masks for Ukrainian military
Ukraine’s ministry of digital transformation has utilized cryptocurrency, nonfungible tokens, and even CryptoPunks in an effort to fund its military and humanitarian aid. Go to Source Powered by WPeMatico
What happened? Terra debacle exposes flaws plaguing the crypto industry
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins. Go to Source Powered by WPeMatico
Bitcoin gains superior to stocks in the long term, economist says
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree. Go to Source Powered by WPeMatico
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts. Go to Source Powered by WPeMatico
Breaking: Binance suspends LUNA and UST trading amid issues on Terra blockchain
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain. Go to Source Powered by WPeMatico
European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European Commission Working on Compromise Proposal for EU Crypto Rules Europe’s upcoming Markets in Crypto Assets (MiCA) … Read more