Month: March 2022

Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency

CryptoX – Cryptocurrency Analysis and News Portal The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.…

Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Crypto funds register largest weekly inflows since December

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Inflows into cryptocurrency investment funds rose sharply last week, offering cautious optimism that investors are broadening their exposure to digital assets despite geopolitical uncertainty and monetary tightening from central banks. Digital asset investment products registered $127 million worth of cumulative inflows for the week ending March 6, according to CoinShares data. A CoinShares representative told Cointelegraph that this was the highest weekly inflows since Dec. 12, 2021. The increase was also significantly higher than the $36 million of inflows registered the previous week. Like in previous weeks, Bitcoin (BTC) products…

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Bitcoin mantiene su soporte por encima de $35K-$37K, con una resistencia de $45K

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El índice de fuerza relativa (RSI, por sus siglas en inglés) en el gráfico de cuatro horas está subiendo desde niveles de sobreventa, un fenómeno similar al ocurrido durante la última semana de febrero, que precedió a un salto del precio. Aun así, el RSI puede permanecer en territorio de sobreventa durante unos días antes de confirmar una subida (normalmente con una lectura por encima de 50). Original

European Parliament will hold vote on crypto bill without PoW provision

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The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining. In a Monday Twitter thread, European Parliament Committee on Economics and Monetary Affairs member Stefan Berger said the committee will vote on the Markets in Crypto Assets, or MiCA, framework on March 14 following the submission of a final draft of the bill. As the rapporteur — the person appointed to report on proceedings related to the bill — Berger said the legislation will no longer include…

Kiyosaki Says ‘Buy Bitcoin and Forget About It’

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The price of Bitcoin fell 3.8% on Saturday and Sunday, reaching a low point in the day at $38,000. However, over 24 hours since then, it has increased to around 39,000 dollars while Ethereum’s value decrease was 4.5%. Other top ten cryptocurrencies like XRP and LUNA decreased by 2% and 6.8%, respectively.  The total capitalization of the crypto market decreased by 3.8%, to $1.71 trillion, according to CoinMarketCap. Bitcoin’s dominance index sunk lower, from 42.9% to 42.3% over this past weekend.  Related Reading | Bitcoin Drops Below $39,000 As Crypto…

Crypto Exchange Binance To Launch New Payments Technology Platform

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Leading cryptocurrency exchange Binance is announcing the launch of a new payments technology company called Bifinity. According to a new announcement, Bifinity will also serve as Binance’s official fiat-to-crypto payments provider. Bifinity has a strategic partnership with EQONEX Limited, the first digital asset firm with an exchange to be publicly listed in the US. “Under the terms of the strategic partnership, Bifinity will advance a US$36 million convertible loan to EQONEX and will work together to maximize business synergies created by this new strategic relationship and capitalize on opportunities to cooperate…