A critical distinction between Taro and other stablecoins, like UST on Terra, is that Taro is only the infrastructure to enable the movement of assets over Lightning, be they stablecoins or some other asset. Taro is not a stablecoin, collateralized, algorithmic or otherwise, it is simply infrastructure to enable the movement of assets. Developers still need to build projects using Taro. Original
U.S. representatives Norma J. Torres (D-Calif.) and Rick Crawford (R-Ark.) on Monday introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act, looking to mitigate risks to the U.S. financial system from El Salvador’s adoption of bitcoin (BTC) as legal tender. Original
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Huge crypto news today as Janet Yellen makes positive states about the future of crypto in the US. Senator. Senators Kirsten Gillibrand and Cynthia Lummis are working together on cryptocurrency regulations. Bank Leumi, one of the biggest banks in Israel, will start to offer crypto trading. LG Electronics adds blockchain and crypto as new areas of business. Luna Foundation buys 2,900 MORE bitcoin worth $128 MILLION to back UST stablecoin. Congressman Donalds interview – — 🔥 Sign Up with OkCoin 🚀 Get…
After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders to reenter the market at diminished prices. This did not last long, however. The market soon began to recover, and traders who hoped to see Bitcoin (BTC) fall below $40,000 once more were left on the sidelines. Whales remain cautious On March 28, Bitcoin rose back above $48,000 after nearly three months of…
Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s largest cryptocurrency rose above $47,000 during the session. Following a low of $45,235.82 to start the week, BTC/USD rallied to an intraday high of $47,106.14 earlier in the day. Despite the surge, market uncertainty continued to be an issue in crypto trading, with prices moving…
“Tiger, and presumably some of the other investors, had wanted to make the closing process tied to the FCA approval,” one of the people said. “So some combination of downsizings, or pulling out of the round happened with the investor consortium.” Source
Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened Tuesday. The pair was thus more or less at the same level as 24 hours previously, with the intervening period seeing volatility both up and down. Amid an overall lack of direction, traders and analysts were waited to see where the largest cryptocurrency would go next.…
Crypto miners Bit Digital (Nasdaq: BTBT) and BitMine Immersion Technologies have signed a letter of intent to establish a hosting relationship that will start with 7,000 current-generation ASIC miners. The move comes several months after New York-based Bit Digital fully exited the Chinese market after the mining ban, shifting its focus to North America. Source
Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin’s recent gains surfaced after Elon Musk disclosed his $3-billion stake in Twitter on April 4, reiterating his influence on its market. Musk has been a big supporter of the Dogecoin community, including his decision to accept DOGE payments at his company Tesla’s online merchandise store. As Cointelegraph reported, Musk’s investment…