Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies. In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with the answers SEC chair Gary Gensler had provided on the differences between securities and commodities in regards to token projects and stablecoins. The senator questioned some of the SEC’s seeming disparities in enforcement actions between crypto firms and advisory…
Day: December 3, 2021
Bitcoin Extends Losses While Traders Remain Bullish on Ether
Ether, the world’s second-largest cryptocurrency by market capitalization, continues to struggle below its all-time price high of $4,865. The current pullback in ETH could stabilize around the $4,000 support level, although the price rally since the July low around $1,740 is starting to fade. Source
BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days – Defi Bitcoin News
During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago, bitcoin cash (BCH) proponents were introduced to a new website (smartbch.org) that featured a project called Smart Bitcoin Cash or Smartbch for short. Smartbch is a Bitcoin Cash sidechain that is compatible with Ethereum’s EVM…
How To Make Millions Investing In Metaverse Crypto Games (TIME SENSITIVE)
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Blockchain.com prepara el lanzamiento de un marketplace de NFTs
CryptoX – Cryptocurrency Analysis and News Portal El interés por las NFT ha crecido este año, con un volumen de operaciones que se disparó un 700% hasta alcanzar los $10.700 millones en el tercer trimestre, atrayendo la atención de equipos deportivos, músicos y artistas, entre otros. Esa popularidad podría acelerarse si exchanges del tamaño de Blockchain.com, que dice tener 70 millones de usuarios de wallets en 200 países, son capaces de ampliar el número potencial de compradores y hacer el proceso más intuitivo. Source The post Blockchain.com prepara el lanzamiento…
JPMorgan Gave Away NFTs at an Event This Week. One Is Now Listed for 420 ETH
JPMorgan has taken a dive straight into non-fungible tokens (NFT). The megabank gave away NFTs to attendees of its first “Crypto Economy Forum for TradFi Investors” event, which was held at the Wall Street giant’s New York headquarters earlier this week. None have traded so far, according to OpenSea, but one of the 69 owners of the NFT collection put one up for sale for a whopping (and cheeky) 420 ETH, or $1.8 million. “Wasn’t us, but thought it was funny because now…
Norwegian Block Exchange to become first Nordic crypto platform to list on Euronext
On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange. NBX was created in 2018 by Bjørn Kjos, who also founded Norwegian Air Shuttle and Bank Norwegian. NBX has eight cryptocurrencies listed and about 20 trading pairs available. The exchange is approved and supervised by the Financial Supervisory Authority of Norway. NBX claims it is the only platform in the Nordic countries that insures clients’ crypto via…
Miami’s Multiple Money Visions
The excellent collection of essays compiled for CoinDesk’s Future of Money Week began with a perfect summation of where money is going by podcaster Laura Shin: “It’s going to get a lot weirder.” Having just spent a few days in the madhouse of the non-fungible token (NFT) scene at a series of events on the sidelines of Art Basel in Miami, that prediction seems spot on. You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and…
BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies. New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better store of value than Bitcoin. The report said the annual rate of increase in Ether’s supply since EIP-1559 is 0.98% compared to an increase of 1.99% in Bitcoin’s supply. Demand for Ether has been on the rise following the surging popularity of nonfungible tokens, decentralized finance and Metaverse-related altcoins. Several…
5 Predictions for the Future of Money
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