Day: October 25, 2022

Ethereum Name Service (ENS) Drops To $16 Support; Will Bears Come Out Top?

ENS’ price shows strength as price holds strong above the key support zone to avoid price retesting lower point on the daily chart. ENS rejected a trend higher above $20 as the price faced a sharp rejection to a region of key Support of $16.5.  The price of ENS continues to hold strong above the 50 and 200 Exponential Moving Averages (EMA) as the price aims to rally toward $20. The price of Ethereum Name Service (ENS) has continued to hold strong as price trends toward the region of $20…

DOGE Hits 1-Week High as Prices Rebound on Tuesday – Market Updates Bitcoin News

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Dogecoin rose to a one-week high on Tuesday, as the meme coin rebounded from recent losses. The token rose by as much as 3% earlier in today’s session, moving away from a recent point of support in the process. Monero was also higher, as bulls pushed it closer to a key resistance level. Dogecoin (DOGE) Dogecoin (DOGE) was trading higher during Tuesday’s session, as bullish sentiment returned to the market. Earlier in today’s session, DOGE/USD raced to an intraday high of $0.06098, which comes less than 24 hours after trading…

UK Lawmakers Vote to Recognize Crypto As Regulated Financial Instruments

The House of Commons, the parliament’s lower house, met on Tuesday for a line-by-line reading of the proposed Financial Services and Markets Bill, which broadly covers the U.K.’s post-Brexit economic strategy. The lawmakers considered a list of proposed amendments to the bill, including one tabled by parliamentarian Andrew Griffith to include crypto assets in the scope of regulated financial services in the country. Source

What the MiCA Bill Could Mean for the Future of Decentralization

To say regulation will limit innovation is almost redundant now. But the pain point unique to MiCA is the way in which the bill actively shapes the crypto space in future.MiCA is supposedly written with the user in mind, but the wording and sheer amount of text focused around anti-money laundering (AML) rules is indicative of its true agenda. In terms of consumer protection, having a framework such as MiCA is great, but when consumer protection is achieved by making it so expensive to operate a crypto company in Europe…

DK Mobile: Genesis Grand Opening

Place/Date: – October 25th, 2022 at 3:12 pm UTC · 4 min read Contact: DK Mobile, Source: DK Mobile: Genesis Ltd, ITSBLOC Ltd. An MMORPG  game that anyone can play for free. The first on-chain game of ITSBLOC. The gates will open on 26th of October, 5:00 AM UTC. Please enter DK Mobile: Genesis as a Dragon knight to hunt monsters! About DK Mobile DK Mobile is an MMORPG work produced by the well-known game developer Ntrance. With the medieval fantasy world as the background, through exquisite 3D modeling and…

Bloomberg’s Matt Levine Writes 40,000-Word Article on Crypto

“My goal is to convince you that crypto is interesting, that it has found some new things to say about some old problems, and that even when those things are wrong, they’re wrong in illuminating ways,” he said. “Crypto has a pretty well-developed financial system, and I’m going to talk about it a fair bit, because it’s pretty well-developed and because I like finance.” Source

Bitcoin ATM operator RockItCoin acquires Tao Bitcoin

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Bitcoin (BTC) ATM operator RockItCoin announced the acquisition of Tao Bitcoin on Oct. 25. Tao Bitcoin is a regional ATM operator with 56 machines, mostly located in the south of the United States. According to the company, the acquisition was part of the company’s strategy to find value and synergies among smaller and regional players in the Bitcoin ATM space. With the deal, the machines operated by RockItCoin came to almost 1,900 units across 44 U.S. states. The Bitcoin ATM industry is poised for consolidation in 2023, according to RockItCoin…