The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg – Altcoins Bitcoin News

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last month. Over $3 Billion in USD Value Has Been Erased From the Stablecoin Economy in 23 Days The market valuation of stablecoins has continued to slide and since Jan. 2022, $28.08 billion in U.S. dollar value has left the stablecoin…

Bitcoin beats Tesla stock in 2022 as BTC price heads for 60% losses

Bitcoin may in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA. Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin analysts stick to downside fears Data from Cryptox Markets Pro and TradingView tracked BTC/USD as it recovered from local lows of $16,559 on Bitstamp. After days of barely any movement up or down, Bitcoin finally saw a flicker of action as traditional…

The Next Wave of Institutional Digital Asset Adoption

There’s also added complexity in the fact that different regulations might have to be taken into account for different digital assets. While the global regulatory landscape continues to evolve, when a firm retains custody of an asset, some of these questions fall under its responsibility. For example, determining whether a particular asset is considered a security or a commodity, and how it may be treated differently in other jurisdictions, becomes relevant to how it needs to be managed by the firm. Source

La blockchain, questa sconosciuta

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io È la tecnologia che ha reso possibile la nascita e lo sviluppo di Bitcoin, Ethereum e delle altre criptovalute. Ma la sua … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

China’s first national NFT marketplace to launch next week: Report

According to a report published by local news outlet Sina News on Dec 28, China will launch its first regulated platform for nonfungible tokens (NFT) trading on Jan 1, 2023. The entity, which acts as a secondary market for the exchange of NFTs, was created by the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China, and Huban Digital Copyrights Ltd, a private corporate entity.  In addition to NFTs, the platform will also facilitate the trading of copyrights related to digital assets. The project aims to “regulate and avoid the…

Big Eyes Coin Entering The Crypto Market With A Bang While Toncoin And Algorand Fall

Place/Date: – December 28th, 2022 at 2:51 pm UTC · 3 min read Source: Big Eyes Coin The emergence and rise of cryptocurrencies in the financial world have been a phenomenon that has garnered significant attention in recent years. Cryptocurrencies, which are digital or virtual currencies that use cryptography for security, have become increasingly popular as an alternative to traditional fiat currencies. Overall, the emergence and rise of cryptocurrencies in the financial world have been driven by many factors, including the increasing interest in DeFi, high returns, and the growing…

Big Eyes Coin Could To Rule Over Internet Computer And Litecoin In 2023

Place/Date: – December 28th, 2022 at 2:45 pm UTC · 3 min read Source: Big Eyes Coin With the burgeoning technologies, the need to accommodate and digest the core concepts behind these models is the first step to embark on a journey to create wealth. Cryptocurrency is a hot topic these days–more and more, it’s a trillion-dollar market which makes it feasible from any standpoint. It has attracted the masses and made people realize how deprived they’ve ever been of their rights to privacy and their power to have their…

‘Make sure Ethereum wins’ — Steve Newcomb reveals zkSync’s prime directive – Cointelegraph Magazine

Steve Newcomb is a Silicon Valley veteran with a long list of achievements. He built software for trading energy in the 90s, was a pioneer in adding email to phones, and helped create the back end of the Bing search engine under Peter Thiel’s mentorship. Today, he heads up development for Berlin-based Matter Labs, which is building scaling solutions for Ethereum. “I was very much a skeptic” when it came to cryptocurrency and blockchain, explains Newcomb, zkSync’s chief product officer. He adds that it took two years of study before…