Quick summary: Microstrategy CEO, Michael Saylor, has said that the proposed Bitcoin and crypto regulation based on energy use in New York is damaging to the environment, reputation, and economy of the state Mr. Saylor sees the proposed bill as a demonstration of how the law can be manipulated maliciously He has also requested his Twitter followers to let the New York Senate know that the bill has many negative consequences Microstrategy CEO Michael Saylor has chimed in on the proposed law by legislators in the State of New York to…
Day: May 4, 2022
Bitcoin Higher Ahead of FOMC Announcement
“Today is set up for huge volatility, as the Federal Open Market Committee (FOMC) meet to announce their decision on how much they will raise rates by,” wrote Marcus Sotiriou, analyst at the U.K.-based digital asset broker GlobalBlock in a newsletter. “This event has led most investors to sell equities and crypto over the past month, as they fear a 50-basis point rate hike, which seems highly likely.” Original
Coinbase Opens NFT Marketplace to All
Coinbase NFT will look to take a chunk of market share from the NFT marketplace kingpin OpenSea, debuting with zero-transaction fees for a limited time, the company’s vice president of product, Sanchan Saxena, said last month during a press briefing. Source
‘SmartMint’ NFT Tool Gives Artists Ownership of Minting Smart Contracts
SmartMint allows users to upload an image, add metadata properties, and select a chain to mint on, much like the minting experience on a custodial exchange. But in the background SmartMint deploys a smart contract owned by the user, a major difference. Source
Crypto exchange Binance wins regulatory approval in France
Binance CEO Changpeng Zhao gave a keynote at a Paris crypto industry event in April 2022 to debut a new accelerator program for so-called “Web3” start-ups. Benjamin Girette | Bloomberg | Getty Images Binance has been granted approval from regulators to operate its cryptocurrency exchange in France. The company is now listed as a registered digital asset service provider by the French stock market watchdog AMF, enabling it to offer trading and custody services for bitcoin and other cryptocurrencies. Binance is the largest crypto exchange globally. The company handles spot…
Tron Climbs to 5-Month High, With WAVES up 15% – Market Updates Bitcoin News
Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th was definitely with Tron on Wednesday, as TRX was one of the most notable gainers in today’s session, with prices surging to a five-month high. Following a low of $0.07003 during Tuesday’s session, TRX/USD raced to a high of $0.08134,…
Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K
Bitcoin (BTC) is set for choppy price action, although upside appears to be limited as momentum slows. The cryptocurrency could remain in a trading range until a decisive breakout or breakdown occurs. Original
California Governor Signs Executive Order to Spur Crypto Industry in the State
The order will begin creating a regulatory framework for blockchain technologies and crypto financial assets. Source
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How to Practice Trading Online Using Tools Provided By Binaryoptions․com – Sponsored Bitcoin News
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