Month: June 2022

Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android – Press release Bitcoin News

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press release PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is now taking on the mobile world with the launch of its iOS and Android app, as it continues on its mission to make digital asset earning opportunities available to anyone, at the click of a button. The brand new, intuitive mobile app allows Yield App’s customers to seamlessly manage their digital wealth on their mobile devices,…

Don’t Expect A Bitcoin Recovery Anytime Soon, Galaxy Digital CEO

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Billionaire Mike Novogratz has warned investors to not expect much of a recovery in bitcoin anytime soon. Novogratz who serves as the CEO of the digital asset merchant bank Galaxy Digital has always been a big proponent of Bitcoin and its advantages. However, he has recently shared his thoughts on the current market climate and what investors should be expecting in the coming days. Confidence Will Take A While The recent market crash has seriously impacted investor faith in the cryptocurrency market. As such, sell-offs across digital assets such as…

Former SEC Chair Jay Clayton Talks Rapidly Evolving Crypto Regulation Landscape

“If you look at different products or different aspects of what I would call the overall crypto ecosystem, [you] have products that span the jurisdiction of various domestic regulators, ” said Clayton. “So you had these global products and you’re trying to apply domestic regulation to them and then in applying domestic regulation to them you had products that had overlapping jurisdiction, and that made applying regulations challenging” Original Source ChairClaytonCryptoEvolvingJayLandscapeRapidlyRegulationSECTalks CryptoX Portal

US lawmakers urge EPA to consider the potential benefits of crypto mining

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A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining. In a Thursday letter, many U.S. lawmakers including pro-Bitcoin Senator Cynthia Lummis and Representative Tom Emmer addressed EPA administrator Michael Regan, requesting the government agency analyze the potential impact of crypto mining in an effort to balance innovation with environmental concerns. The group of 14 senators and representatives claimed mining could have a “substantial stabilizing effect on energy grids” and cited…

Why Crypto Could Go Another 15% Lower, This Expert Says

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Crypto has dropped below the $1 trillion total market capitalization and has returned to its January 2021 levels. At that time, the sector was preparing for a massive bull run that would take its market cap above the $3 trillion. Related Reading | Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined This time the sector seems to be threatening further losses and for a potential new leg down into its 2020 levels. At the time of writing, the total crypto market cap stands at $870 billion and continues to…

The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9% – Altcoins Bitcoin News

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During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation amid the Terra blockchain implosion, the recent crypto market carnage, and rumors circulating around Celsius and Three Arrows Capital (3AC). More Than 12 Billion Tethers Leave the Crypto Economy Since April 11 According to market…