Gnosis Card, which uses the Visa payment system, will be a debit card directly connected to a user’s on-chain account, built on the Gnosis Pay decentralized payment network, according to Gnosis. Users’ wallets – in this case Safe wallets – will act like a bank account, and every Gnosis Card will be connected to the user’s Safe account. Source
The Financial Stability Board (FSB) — an international organization that monitors the global financial system — has come up with a global regulatory framework for crypto. The guidelines recommended to the 20 leading economies of the world, known as the G20, are crafted upon the principle of “same activity, same risk, same regulation.” A public note and two separate guideline documents were made public on July 17. The document consists of two sets of recommendations: high-level recommendations for regulating crypto in general and “revised high-level recommendations” for a “global stablecoin.”…
Bitcoin (BTC) starts a new week above $30,000 but heading nowhere as the multi-month trading range refuses to shift. BTC price action is giving traders little more than a frustrating sense of deja vu — and they are now wondering what it could take to change the trend. It may in fact be more accurate to say that on low timeframes, a trend is exactly what Bitcoin lacks. The largest cryptocurrency has spent weeks bounding between upside and downside liquidity pockets without deciding whether bulls or bears will ultimately win.…
Two of the biggest platforms powering Web3 decentralized domains are now available under one roof after Unstoppable Domains announced support for .eth domain names from the Ethereum Name Service (ENS). The two service providers have been central pillars in the Web3 domain space, allowing users to create human-readable domain names and cryptocurrency wallet addresses. Decentralized domains also act as a profile across the Web3 ecosystem, unlocking a host of functionalities. .eth is coming to Unstoppable. Unstoppable is now your one-stop shop for Web3 domains. Buy and manage your .eth, .nft, or…
The domain provider will also offer auto renewal for the .eth domains as well as the ability to use fiat payment methods like credit cards. Source
Andy Curry is the ICO’s Head of Investigations. Anyone can be on the receiving end of nuisance marketing calls, texts and emails – not only are they inconvenient and an invasion of privacy, they can also cause real distress. Nobody should be made to feel uncomfortable after simply answering the phone, receiving a text or opening their emails. We know the harm they can do. That’s why we’re committed to protecting both people and businesses by taking robust action to stop companies from making or sending unlawful marketing communications. Through…
The bank estimates that a 1 cent per kilowatt hour (kWh) change in the electricity cost could cause a $4,300 change in the bitcoin production cost. After halving, this sensitivity would double to $8,600, thereby “increasing the vulnerability of higher cost producers.” Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The adoption of cryptocurrencies in the global financial landscape has increased over the years. Investors and businesses use crypto assets for everyday transactions, including in payment. They can also be investments and in expanding investment portfolios. Amid this, DigiToads and the Bitcoin Lightning Network share a fundamental similarity: rising adoption. DigiToads is a project whose presale is ongoing and successful due to its technology and features. TOADS, the project’s native token, can allow investors to earn passive income…
Cathie Wood's ARK Sells Another $50.5M Coinbase Shares Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Data provided by CryptoQuant and Glassnode shows that long-term bitcoin (BTC) investors may drive prices even higher in the coming days or weeks. According to the market analytics platform CryptoQuant, 1,000 to 10,000 BTC unspent transaction output (UTXO) Value Bands have been gradually rising since December 2022. Expanding bitcoin’s UTXO value along with firm prices might suggest that 2022 was a long-term bottom. A UTXO is the leftover of a crypto transaction that outlines the behavior…