The state senate should reject the legislation, which recently passed the assembly and would place a moratorium on approvals for permits for digital mining operations that use nonrenewable energy sources. Source
Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on the development of new businesses more aligned with the refined direction of the company, which includes blockchain, the cloud, and AI as core elements. Square Enix Sells Assets to Refocus Its Business Square Enix, one of the most recognized Japan-based game publishing and development companies, announced the…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin BTC Price News Today – Technical Analysis and Elliott Wave Analysis and Price Prediction! In this video I talk about the Bitcoin BTC Cryptocurrency price and carry out a technical analysis. I also talk about my Bitcoin Elliott Wave count and discuss where the price could be going next. Very important: – please do not reply to anyone with the MCO logo in the YouTube comments who sends you a Whatsapp number. This is scam! – please do not join any…
VaynerMedia CEO Gary Vaynerchuk and rapper, actor & BIG3 co-founder Ice Cube joined CoinDesk’s “First Mover” to discuss decentralized sports team ownership via NFTs. Source
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days. Total crypto market cap, USD billion. Source: TradingView In terms of performance, the aggregate market capitalization of all cryptocurrencies dropped 6% over the past seven days, but this modest correction in the overall market does not represent some mid-capitalization altcoins, which managed to lose 19% or more…
Staked ETH tokens are still showing signs of investor confidence. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io City Coins are the next big thing in Crypto. Here in the US, Miami will pioneer a new program to build a cryptocurrency for their city. MiamiCoin is making a splash. Things are only going to accelerate now that governments are starting to take blockchain technology seriously. Right now we are starting to see the first governments experimenting with crypto. El Salvador recently announced that Bitcoin would become legal tender in the country, and several other Latin American countries could end up…
Wall Street’s slow embrace of crypto means we all have to start watching the Federal Reserve again. Cointelegraph parsed through the latest Federal Open Market Committee (FOMC) policy statement on Wednesday to try and uncover some nuggets of useful information. You can think of it as an exercise in financial esoterics to uncover the hidden meaning behind the Fed’s decision-making. As it turns out, the decision to raise interest rates by 50 basis points was already expected, so the actual FOMC document provided very little new information. But, Fed Chair…
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which is the Spanish securities regulator, is putting more pressure on exchanges offering cryptocurrency-linked derivatives in the country. Binance, one of the biggest exchanges in the world by volume traded, has been required to drop the…
Bitcoin (BTC) is down by 6% over the past week and appears to be stabilizing after Thursday’s sell-off. Traders remain cautious, although some altcoins such as GALA have rallied. Source