Individuals, on the other hand, may be better able to take advantage of crypto. Even here, however, it seems unlikely there will be any crypto-for-sanctions-evasion at scale. Several Treasury officials, on the record, have said they’re not concerned about this issue. Source
Cardano (ADA) has not had the best start to the year 2022. The digital asset which had hit its all-time high above $3 in 2021 continues to suffer more downtrends in the market which has left it struggling below $1. Despite this, the digital asset is still doing quite well on a year-to-date basis, although not as good as the community would like. The recent uptrend in its price has pushed it closer to $1, but how soon can the cryptocurrency hit it? ADA To $1? A look at the…
German GT racer Laura-Marie Geissler, creative agency Amsterdam Berlin and NFT startup Unblocked partnered up to launch the first nonfungible token, or NFT, funded motorsport team. Named after the driver, herself, the LMG racing team has decided to forgo external sponsors to fund Geissler’s race season by way of NFT sales. Whether she earns the necessary amount to race in the upcoming season will depend solely on her fans. Geissler and her partners originally announced their campaign during the first weekend of South by Southwest, or SXSW, in Austin, Texas…
The National Football League (NFL) has granted teams limited permission to seek sponsorships with blockchain companies, though restrictions remain for specific cryptocurrencies and fan tokens that can be exchanged for merchandise and experiences, CNBC reported. Source link
Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached. Source
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La moneda nativa de la red Ethereum había bajado hasta $2500 a principios de este mes, antes de iniciar una subida sostenida. Source
The digital euro needs to be “operational, faster, easier, cheaper, more secure across the whole of Europe,” Lagarde said, adding that a digital currency should improve inclusion and support financial stability. However, the goal of a digital currency is not a monetary policy instrument or a means to eliminate cash, she noted. Source
Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superior profit margins and tight relationships with mining rig suppliers, Peter Stoneberg, managing director of crypto mergers and acquisitions firm Architect Partners, told CoinDesk in an interview. It’s the future prospects of companies that drive investment, so if investors see a company is able to fund its future growth, they will “absolutely pay a premium for that growth rate,” Stoneberg added. Source
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