“It’s still to be determined what ApeCoin enables beyond governance,” Sean Farrell, head of digital asset strategy at Fundstrat, said. “If history has taught us anything, meme-driven tokens can undergo some pretty crazy episodes of price discovery.” Source
Following a rise to a high beyond $41,700 earlier this week, bitcoin’s price has fallen for two consecutive sessions. Despite this, BTC continues to trade above $40,000, whilst ETH continues to hover above $2,800. Bitcoin BTC fell for its second consecutive session on Friday, as the world’s largest cryptocurrency has lost some momentum, following Wednesday’s Fed decision. Yesterday saw bitcoin trade at a peak of $41,102.23, however as of writing, prices have fallen to an intraday low of $40,302.40. This drop means that BTC/USD is 1.66% lower than Thursday’s high,…
The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed at circumventing CBR’s “special economic measures to counter the outflow of foreign currency abroad,” local media reported on Thursday. The recommendation includes closer oversight over crypto trading, which is named among the vehicles for withdrawing capital from Russia. The letter, sent to the banking organizations by CBR’s vice chairman Yuri Isaev on Wednesday, directs them to pay closer attention to the instances of their clients’ “unusual behavior.” This includes “abnormal”…
Much has been said about Bitcoin‘s carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Blockchain doesn‘t pose a threat to the planet — it’s going to play an essential role in helping to bring about a net-zero carbon emission economy. It is a few years in the future: You are sitting on your sofa, having a nice coffee after loading the washing machine. You’ve switched it on but, of course, the Internet of Things-enabled…
The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose might be ready for approval this year, according to local media. This could be the consequence of the recent requirement approved in the deal the country made with the International Monetary Fund (IMF). Argentinian Exchanges Might Have to Report Transactions Later This Year The Argentinian money laundering watchdog is taking cryptocurrency transactions seriously. The Financial Information Unit (UFI), which is…
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“We’re still in a downtrend market. Bear market rallies tend to be extreme. Until we break out of the down trendline, it’s hard to say the bull market is around the corner,” Kevin Kang, founding principal of BKCoin Capital LP, told CoinDesk in an email, citing potential yield curve inversion, geopolitical tensions as key near-term risks to risk assets, including bitcoin. Source
This disparity between Chainlink’s TVS and LINK’s market cap may reflect several issues, said David Duong, Coinbase’s head of institutional research. “Market saturation may limit the platform’s future growth prospects, potential dilution of LINK’s circulating supply is uncertain, and imbalances pertaining to dapp demand, node operator fees and operating costs contribute to selling pressure,” he said. Source
Dušan Matuska is — among many other things — a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in a far-flung destination (plans are currently under wraps). Alongside his Bitcoin teaching aspirations, he assists on a small-scale Bitcoin mining facility in Slovakia, he co-founded the crypto café known as Paralelni Polis in the country’s capital, Bratislava and he’s translated well-known Bitcoin books into his native tongue, Slovak. But, how did…
press release PRESS RELEASE. Zug, Switzerland, 18th March 2022: GAIMIN increases brand awareness in esports. GAIMIN Gladiators are pleased to announce its Rainbow Six Siege esports team, comprising Jolten, Beastly, Sikez, Aero, Foxxee and QrTz, building on its DOTA2, Pokemon Unite, Counter Strike Global Offensive and Rocket League rosters. GAIMIN’s mission is to become the leading organisation in esports and through its esports teams, the GAIMIN brand will be visible to over 1 million followers of the teams within GAIMIN Gladiators. Joseph Turner, Chief Gaming Officer for GAIMIN stated, “GAIMIN…