CoinDesk looks at what EU crypto companies can expect after the bloc sealed deals on the political shape on anti-money-laundering and licensing laws. Source
Here's What Still Needs to Happen Before the EU's MiCA Bill Becomes Law
Day: July 6, 2022
The EU Just Agreed to Major Crypto Laws – So What Happens Now?
CryptoX – Cryptocurrency Analysis and News Portal CoinDesk looks at what EU crypto companies can expect after the bloc sealed deals on the political shape on anti-money-laundering and licensing laws. Original Source The post The EU Just Agreed to Major Crypto Laws – So What Happens Now? appeared first on CryptoX. CryptoX Portal
SAND up by 12% on Wednesday, Hitting a 10-Day High – Market Updates Bitcoin News
SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing, the global crypto market cap is nearly 3% higher. The Sandbox (SAND) SAND was one of the notable movers on hump day, as prices of the token rose by as much as 12% over the course of the day. After falling to a low of $1.12 on…
Circle looks to reaffirm commitment to transparency as USDC market share soars
The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three Arrows Capital. In the light of present market circumstances, Circle has sought to reaffirm its commitment to openness and user security in a blog post published on Tuesday. Jeremy Fox, CFO of Circle, said that his firm’s priority is to preserve the financial integrity of the system – robust, trustworthy, and safe. He added that other…
World’s first short Bitcoin ETF sees exposure explode 300% in days
Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future. According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in the first week of the month. Shorting Bitcoin is the name of the game Since launching in the United States in late June, the ProShares Short Bitcoin Strategy ETF (BITI), the first exchange-traded fund (ETF) to be “short” BTC, has proved a hit. That trend has only accelerated…
Voyager Digital Faces Delisting From Toronto Stock Exchange Following Bankruptcy Filing
Voyager Digital (VOYG) shares have been suspended from trading in Toronto while the exchange commences an expedited review as to whether the stock continues to meet the necessary requirements for listing. Shares have also been halted from trade on OTC Markets in the U.S. Source
Riot Blockchain Starts Move Away From New York Hosting Site
Riot, however, decreased its hashrate expectations for the year to 12.5 exahash per second (EH/s). The downgrade follows June’s reduced forecast, when it said it expected 12.6 EH/s by January 2023, below May’s prediction of 12.8 EH/s. The miner produced 421 bitcoins in June, compared with 466 BTC in May, the statement said. Source link
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Polygon sigue a Solana en su intento por llevar la Web3 a los smartphones
La empresa tecnológica Nothing ha recurrido a la red de Polygon para ofrecer tokens no fungibles (NFTs) en su nuevo smartphone Nothing Phone (1). Source
What does a bear-market ‘cleanse’ actually mean?
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The post-mortem consensus on the crypto market crash among industry leaders ranging from Polygon co-founder Mihailo Bjelic to billionaire crypto investor Mark Cuban is that bear markets are a healthy way of cleansing the market. The latter even referred to a line used by long-time crypto critic Warren Buffet to express his opinion of…