Tag: News

Cosmos Climbs 15%, as AAVE Nears a 10-Day High – Market Updates Bitcoin News

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ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price climbed to its highest point since the beginning of the week. Following a low of $10.55 on Thursday, ATOM/USD surged by over 15% on Friday, hitting a peak of $12.12 in the process. The move comes as ATOM…

SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra (LUNA) and stablecoin terrausd (UST). SEC Chair Gensler’s Warning After LUNA and UST Collapse U.S. Securities and Exchange Commission Chairman Gary Gensler expressed his concerns Wednesday that more crypto investors will be harmed following the implosion of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He told reporters after a House Appropriations Committee panel hearing: I think…

BTC Back Above $30,000 as Week Long Consolidation Continues – Market Updates Bitcoin News

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This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading higher on Friday, as price uncertainty in crypto markets continued to grip traders, leading mainly to consolidation. Following a decline to a low of $29,389.44 during Thursday’s session, BTC/USD rose by over 3% on Friday, hitting a high of 30,664.98 in the process. The move comes as a floor in prices may…

Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations – Blockchain Bitcoin News

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A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for the research and development of blockchain solutions. Vietnam to Expand Implementation of Blockchain Technologies Vietnam Blockchain Association, the first such entity in the country’s crypto space, was launched in the capital city Hanoi on Tuesday, when it held its first congress. The new body’s main purpose is to…

Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility – Press release Bitcoin News

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press release PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the virtual plot owners. According to the official statement, users who possess Dvision LAND NFT may now stake it and obtain DVG points or additional NFT items via the new LAND staking system. This is a crucial component of the entire project and its ecosystem as Dvision currently has about 10,000 LAND owners, as a result of 3 finalized…

Dubai Couple Ties the Knot in the Metaverse – Metaverse Bitcoin News

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A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well. The Metaverse After Wedding Party After encountering legal troubles registering their marriage, Florian Ughetto, a French national residing in Dubai and his fiancee, Liz Nunez, were reportedly planning to wed in the metaverse on May 19. The couple…

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations – Regulation Bitcoin News

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Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government of Cyprus to Submit ‘Attractive’ Crypto Bill Cyprus has an “enviable position” in the EU when it comes to innovation, with the second-best progress last year, according to the European Innovation Scoreboard, the country’s Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos stated at a meeting with…

This is why Bitcoin should reach $10 million a coin – Paul Sztorc

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Paul Sztorc, an independent Bitcoiner, discusses his outlook for Bitcoin’s growth potential with David Lin, anchor for Kitco News at the Miami Bitcoin 2022 conference. Sponsored by: CoinPayments. Visit: Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Paul Sztorc on Twitter: @Truthcoin ( 0:00 – Bitcoin maximalism 5:15 – Bitcoin’s fair value 8:40 – Economic problems 10:36 – Crypto winter 11:53 – Bitcoin vs altcoins 12;50 – Soft fork #Bitcoin #crypto #investing __________________________________________________________________ Kitco News…

MetaOasis AVAX Hackathon News Report – Press release Bitcoin News

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press release PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will become the first project that wins the double in international hackathon competitions in the gamefi history. What worth mentioning is that Avalanche Asia Hackathon set up an algorithm mechanism which can prevent repeated voting. That’s to say, all votes were from loyal supporters of the…

Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions – Emerging Markets Bitcoin News

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Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least $90 million in tax revenues if authorities decide to levy a 15% tax on cryptocurrency transactions. The executive, Zeeshan Ahmed, the country general manager at Rain Financial Inc, claimed this would be possible if Pakistan adopts what one report calls “hard and fast regulations.”…