A bipartisan bill that requires the study of blockchain technology and digital tokens passed the House of Representatives on June 22. The “Consumer Safety Technology Act” is centered on consumer protection and includes digital token and blockchain research. The bill passed the 117th Congress within a week of its introduction, […]
Bitcoin price recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses. Bitcoin started a decent recovery and it climbed above the $34,000 level. The price is now facing hurdles near $34,000 […]
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary fad.” 49% of Investors Told JPMorgan Cryptocurrency Is […]
British technology journalist Eileen Brown says she receives more PR pitches for Ethereum-based projects than for any other protocol. But despite ETH’s popularity, she is keen to point out that most companies that use Ethereum tend to do their transactions off chain to achieve speed and cost efficiency—which she notes […]
The Financial Services Agency (FSA) of Japan granted a permit to Coinbase, the US-listed cryptocurrency exchange, becoming the first Western firm to receive a license of its kind. The FSA updated its database on crypto exchanges licensed, and according to the guidelines, the company is approved to offer trading services […]
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins. Australian Auction House Lloyds Auctions […]
At the time of this writing, Dogecoin has garnered gains of 15%, a major recovery from yesterday’s low, although the 7 day losses are still above 33%. The cryptocurrency market turned green at the later part of yesterday, and leading altcoins like Dogecoin followed suit as trading volume climbed up […]
Bitcoin has been hit hard over the past two months. Despite trading at a new all-time high of roughly $64,000 per unit in mid-April, the currency has tanked and is currently trading for around $35,000, knocking nearly $30K off its price from two months ago. For some investors, however, the […]
Kaiko, a cryptocurrency market data provider, announced on Wednesday it had closed a $24 million Series A funding round led by Anthemis and Underscore VC, global financial services investors. According to the press release, Point Nine, Alven, and Hashkey Capital also joined the round. As part of the Series A […]
Memes have been an extremely popular trend for years now, bringing fun and playful atmosphere to internet users all around the globe. Some memes like the “Success Kid” and “Disaster Girl” have gone mainstream and completely taken over the internet, demonstrating how powerful they’ve become. More importantly, they bring a […]
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