The Basel Committee on Banking Supervision is already looking into the capital treatment for such crypto-related exposures at banks. Whatever that global standard-setter decides will influence the decisions made by its member governments, including the U.S. Source
Day: March 31, 2022
Traders predict $3,800 Ethereum, but multiple data points suggest otherwise
Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Ether price at FTX, in USD. Source: TradingView Thus, it is only natural for traders to fear that losing the $3,340 support could lead to a retest of the $3,100 level or a 12% correction down to $3,000. Of course, this largely depends on how traders are positioned along with…
Chiliz launches public testnet for its new layer-1 blockchain
Digital asset sporting project Chiliz has announced the launch of the Scoville testnet for the newly-established layer-1 blockchain network Chiliz Chain 2.0, also known as CC2. CC2 will seek to advance the Web3 capabilities of high-profile sporting and entertainment firms to create nonfungible token (NFT) and fan tokens, construct decentralized finance (DeFi) applications and play-to-earn (P2E) games, as well as implement a range of programmes and services for their community. Founded in 2018, and headquartered in Malta, Chiliz has established itself as the leading digital asset for sporting engagement, with their…
Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
Bitcoin (BTC) dipped below $47,000, although technicals suggest support around $43,000 could stabilize the pullback. The cryptocurrency also saw a strong uptick in short-term volatility over the past 24 hours, similar to what occurred during bitcoin’s breakout above $45,000 last week, according to data provided by Skew. Source
I’m Not Anti-Crypto, Says Architect of Controversial EU Money Laundering Proposal
CryptoX – Cryptocurrency Analysis and News Portal She says she “admires” the innovative mindset of people active in the market – and even cites members of her own family who follow it. But equally, she said, some misuse anonymous payments to finance crimes, citing drugs, prostitution, child pornography and terrorism. Source The post I’m Not Anti-Crypto, Says Architect of Controversial EU Money Laundering Proposal appeared first on CryptoX. CryptoX Portal
THE BEST TRADESKILL FARM IN LOST ARK! Mining, Foraging, and Logging Farm! | Lost Ark!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we take a look at one of the best trade skill farms in the Lost Ark MMORPG. This farm is located on the Lullaby Island, this island has no enemies and VERY fast harvestable respawn times, so you don’t have to worry about any enemies and you don’t have to move far for your next node. Like, comment, subscribe, and TURN ON THE NOTIFICATION BELL! Thank you, I appreciate it _______________________________________________________ Support My Patreon If you want: Ashes of Creation Referral:…
Buenos Aires to Create Digital Identity Platform
The platform will be decentralized, public and non-permissioned, said Fernandez, adding that it will be available for use by any organization, government administration or company wishing to mint verifiable identities, without needing the approval of the city. Source
Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power – Mining Bitcoin News
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going forward. Cleanspark Reveals Plans to Expand to the Lone Star State, Firm Partners With Texas Energy Firm Lancium On Thursday, the Nevada-based Cleanspark revealed plans to add up to 500 MW of renewable power to fuel its bitcoin mining operations…
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
Volatility is back in full force in the cryptocurrency market and the price of Bitcoin (BTC) has undergone several $1,000 swings over the past few days and select altcoins have seen their prices surge to new highs after major announcements. The big winners on March 31 include protocols that focus on interoperability between the major blockchain networks as well as projects that are looking to release major updates in the near future. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro…
Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K
Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K Source