Day: August 1, 2022

NOS ESPERA LA PARTE BAJA ๐Ÿ’ฅ Analisis bitcoin al dia

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Law Decoded, July 25-August 1

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Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United States Treasury Departmentโ€™s Office of Foreign Assets Control (OFAC) has been investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto in a potential violation of U.S. sanctions.ย  In the other hemisphere, the Philippinesโ€™ think tank Infrawatch PH filed…

ADA Up 22% In Last 7 Days; Remains On Track To Test $0.6 Barrier

Itโ€™s game face on for the bulls as Cardano (ADA) swerved up to $0.54 as seen overnight. ADA price spotted below key resistance level of $0.55. Meanwhile, traders are optimistic that a looming breakout may happen up to $0.6 by next week. Cardano (ADA) price is on a bull run as the price shoots way up forming a bullish hammer pattern seen on the daily chart. The uptrend precipitated on July 27, 2022 with the price spotted at $0.45 has pushed ADA price to incredible heights with its 30-day high…

BIG WEEKLY CLOSE AHEAD for the Bitcoin Price Chart as Altcoin Market and Ethereum Roar, Weekly News

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Binance US will delist AMP following SEC claim token is a security

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United States-based crypto exchange Binance.US said it will be delisting the AMP token โ€œout of an abundance of cautionโ€ of possible enforcement by federal regulators.ย  In a Monday blog post, Binance.US said it will be closing deposits of Amp (AMP) and removing the AMP/USD trading pair on Aug. 15 following the token’s mention in a legal action from the U.S. Securities and Exchange Commission, or SEC. The federal regulator filed a complaint against a former Coinbase product manager and two individuals in July that claimed that AMP and eight other…

Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs โ€“ Blockchain Bitcoin News

The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called โ€œNftiff.โ€ Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether or roughly $50K using todayโ€™s ethereum exchange rates. Tiffany & Co. Reveals Limited Edition Jeweled Cryptopunk Pendants Backed by 250 Non-Fungible Tokens 30 ETH was trending on Twitter on Sunday afternoon after the luxury jewelry firm Tiffany & Co. (NYSE: TIF) announced: โ€œThe future is here and itโ€™s called Nftiff.โ€ Essentially, Nftiff…

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Why DeFi Giants Aave, Curve May Want Their Own Stablecoins

Stablecoins are also unmistakably one of cryptoโ€™s most important innovations and historically one of its fastest growing sub-economies. Today, thereโ€™s over $150 billion worth of stablecoins in circulation, according to data provider CoinGecko. Two dollar-pegged assets from competing centralized companies/consortia, tether and USDC, account for over two-thirds of that market. Source

CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm

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On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE explained: “This was primarily due to the $460 million impairment of goodwill recognized in the Digital reporting unit, driven by negative events and trends in the broader digital asset environment. The said environment has changed dramatically since we closed the ErisX transaction on May 2, which resulted in the accounting adjustment.” ErisX enables self-directed…