The executive order appears to be broadly supportive of the digital asset industry and seeks to put the U.S. “ahead of the curve” as crypto becomes a more important part of the global economy, said Jefferies analyst Jonathan Peterson in a note to clients. Source
There is a disconnect there, right? It’s something that is very frustrating to me about the bitcoin world, and it is not just a privacy thing. You normally will not hear a developer say anything like that, but on Bitcoin Twitter, you hear it all the time, “oh, this will fix it. We’ll figure it out.” Original
Ongoing developments on the global stage continue to cause havoc in traditional markets and in the cryptocurrency sector. Despite these headwinds, projects in the Waves ecosystem have managed to climb higher in both price and total value locked (TVL) as a renewed focus on interoperability with popular blockchain networks brought fresh momentum. Total value locked on the top 3 Waves protocols. Source: Defi Llama Here’s a closer look at the top-performing assets in the Waves ecosystem that have managed to post positive gains despite negative macroeconomic factors that are pressuring…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The construction industry has generally tended to resist digital transformation that other industrial and business sectors have witnessed in recent years, and the adoption of Blockchain technology can potentially address several problems and bring out a slew of benefits upon integration with the current practices. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The Crypto.com exchange announced the airdrop of its “The Moment of Truth” nonfungible token (NFT) collection featuring Los Angeles Lakers forward LeBron James to 5,550 randomly selected viewers of its Super Bowl commercial. Those who found and scanned a hidden QR code that appeared 10 seconds into a conversation between present-day James and his apprehensive teenage self could enter to win a limited edition NFT. The collection consists of instant snapshots of behind-the-scenes moments from the making of the Big Game spot. Introducing “The Moment of Truth” NFT Collection featuring @KingJames Airdropping…
Fragmentary adoption of crypto for trade with marginal nations is not, to be clear, good news on the whole. Post-9/11 banking restrictions, usually framed as “de-risking,” have already led to many banks in geopolitically troubled regions losing access to the global financial system, with serious impacts for everyday people. Moving so swiftly against Russia will hopefully help save Ukrainian lives, but in the longer term many agree with Thomas’ prediction of further financial fragmentation. Source
Data shows the Bitcoin trading volume now seems to be stabilizing at higher values than 2022’s average, but given the trend in the metric this year so far, it may not last too long. 7-Day Average Bitcoin Trading Volume Has Remained Fixed Around $5 Billion Recently According to the latest weekly report from Arcane Research, after staying at low values for much of 2022, the BTC trading volume looks to have found some ground at high values recently. The “daily trading volume” is an indicator that measures the total amount…
Ukraine’s president “shares our vision” that the use of crypto could be an “economic breakthrough,” according to the country’s deputy minister at the Ministry of Digital Transformation. Source
Bitcoin (BTC) buyers held support at $37K and broke above $40K over the past 24 hours. The rally appears to be exhausted on intraday charts, which could precede a brief pullback into the Asia trading day. Original
In a recent initiative by San Jose, Calif., where more than 95,000 people lack internet access, the mayor’s Office of Technology and Innovation deployed hotspots to volunteer residents and small businesses across the city for a pilot program. The participants mined HNT, and the token rewards were then used to provide broadband internet access to low-income households. Source