“My best guess of what’s going on: With stronger oversight confirmed, segments of the market that value privacy (for ideological or illicit reasons) will rotate away from trackable crypto assets like BTC and [ether] ETH. Or at least this is what traders are speculating on,” Ilan Solot, a partner at the TagusCapital Multi-Strategy Fund, said in an email. Source
The small miner has bought 5,000 used Canaan mining rigs and has an agreement to host Bitmain s19 Pros in Texas. Source
Terra (LUNA) resumed its upward march this week as its price per token rebounded by more than 30% three days. LUNA’s price almost reached $100 on March 9 following a 15% intraday rally, coming near its record high of $106 from December 2021. At its week-to-date (WTD) low, the Terra token was trading at $75.60. LUNA/USD daily price chart. Source: TradingView Over 120 million LUNA burned already The recent bout of buying in the Terra market appeared in part due to similar recoveries elsewhere in the crypto market. For instance,…
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The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March 14 The EU’s Markets in Crypto Assets (MiCA) regulations have been submitted to the European Parliament’s Economic and Monetary Affairs Committee (ECON), the rapporteur for the regulatory package, Stefan Berger, announced on Twitter. Members of…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Prime Minister Narendra Modi on Thursday said that all democratic countries need to work together on cryptocurrency and ensure that it does not end up in the wrong hands. Delivering the keynote address at the inaugural Sydney Dialogue via video conferencing, Modi spoke on the theme of India’s technology evolution and revolution and the noted recognition for the country’s central role in the Indo-Pacific region and in the emerging digital world. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The cryptocurrency exchange is looking to buy companies outside the crypto industry. Source
CryptoX – Cryptocurrency Analysis and News Portal The European Union (EU) has clarified that sanctions placed on Russia and Belarus extend to crypto assets. Original Source The post EU Says Russia, Belarus Sanctions Extend to Crypto appeared first on CryptoX. CryptoX Portal
The hiring comes at a time when Uniswap is beginning to expand to chains and environments beyond Ethereum. Unlike SushiSwap, which has deployed to 15 different chains and layer 2 companion systems, Uniswap has only deployed to Optimism, Arbitrum and, as of December 2021, Polygon. Source
The introduction of stateless clients should make running an Ethereum node easier than ever, leading to true decentralization and resilience of the network. Source