Month: March 2022

European Parliament Proposes Expanding ‘Travel Rule’ to Every Single Crypto Transaction

“A complete implementation of the ‘travel rule’ will prove to be difficult, considering not every technology allows this particular information to be stored and transferred. It would be much easier to set up a global register of identified addresses, a procedure also used in banking,” said Marc Toledo, managing director of Belgian crypto exchange Bit4You and director of the Blockchain Association of Belgium. Source

Papa Johns Helps Take NFTs Mainstream – Blockchain News, Opinion, TV and Jobs

Papa Johns, today, launches its first collection of cool and collectable NFTs, known as non-fungible tokens, as part of the metaverse’s biggest ever FREE NFT giveaway in the UK. Allowing its fans in the UK to get a slice of the NFT hype, the collection boasts 19,840 NFTs made up of nine pizza hot bag inspired designs, which will drop on several dates in early March. Pizza fans can get a slice of the NFT world and their hands on nine uber-cool free hot bag designs – with names such…

BTC Consolidates, Following Turbulent Weekend of Trading – Market Updates Bitcoin News

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Recent declines in the world’s two largest cryptocurrencies eased to start the week, as both seemed to have found their respective floors. Bitcoin consolidated losses during Monday’s session, while ETH continued to trade sideways. Bitcoin Following a drop to a one-week low below $38,000 on Sunday, the price of bitcoin rebounded to start the week, as a support point seems to have finally been found. BTC/USD fell to an intraday low of $37,577 earlier in today’s session, which was its lowest point since February 28, however prices have since moved…

Core Scientific Plans to Increase Hashrate to 42 EH/s by Year End

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Bitcoin Drops Below $39,000 As Crypto Markets Tank Over The Weekend

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Cryptocurrency markets were hit by a sudden fall over the weekend, with the global market cap dropping 3.80% in just 24 hours and now sitting at $1.73 trillion.  Bitcoin fell by 3.44% in the last 24 hours to $38,168 per coin. The second-largest token by market cap after bitcoin, Ether also showed in red by 4.8% decline.  It seems the USDC stable coin is doing better than its counterpart, as it only declined by 0.05 percent in value compared to last day’s movements while USDT saw no difference at all.…

Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — Analyst

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Ethereum’s native token, Ether (ETH), will likely fall below $2,000, according to one popular market analyst. Ether paints a classic bearish continuation setup Pseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether’s price rebounded by over 3% to nearly $2,650, a day after testing its upward sloping trendline near $2,500. Ignoring the intraday upside reversal, Wolf anticipated Ether’s decline to continue further. ETH/USD daily price chart. Source: TradingView At the core of Wolf’s analogy was a “symmetrical triangle,” a classic technical analysis pattern that forms when the…

Pantera and Polychain Lead $10M Bet on Metaverse Fashionistas

“We are designing and launching fashion items as NFT collections, which is ongoing,” Space Runners CEO Deniz Özgür said in an interview. “But we are also launching the first phase of our fashion metaverse. Rather than just an urban cyber style, we are giving more weight to beauty and aesthetics, and we’ve been collaborating with some of the most popular fashion agencies in New York.” Source

Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities – Regulation Bitcoin News

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The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter “unlawful aggression.” Coinbase Intends to Comply With International Sanctions, Chief Legal Officer Says ‘Digital Assets Have Properties That Naturally Deter Sanctions Evasion’ Following the statements of the two chief executives from two of the largest crypto exchanges on the planet, Coinbase has published a blog post concerning the company’s…