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Crypto News

The Brazilian Government Is Drafting A New Decree To Clarify The Rules Around Cryptocurrencies

Brazil's Ministry of Finance drafts a decree to resolve any gaps in the law's crypto formulation. Before being approved, the paper must be reviewed by Luis Inacio "Lula" Da Silva's executive assistant. With the help of technicians from the Central Bank of Brazil and the national securities regulator, the paper is put together by Marcos Pinto, the secretary of economic reforms, and Gabriel Galipolo, the executive secretary of the Ministry of Finance.

Bitcoin News - 1286 ngày trước

Following A Recent DOGE Surge, Robinhood Customers Now Hold 33.5 Billion DOGE

The prominent trading software Robinhood now holds 33,562,118,360 Dogecoin on behalf of its users. This is equal to roughly 25% of the total amount of DOGE in circulation and $2,910,607,590. Since the beginning of 2022, Robinhood has owned roughly the same amount of Dogecoin as it does right now. This may indicate that users of the platform are holding onto their Dogecoin tightly, indicating that this is most likely a long-term investment.

U.Today - 1287 ngày trước

NFT Sales Exceed $397 Million, Up Nearly 43% In The Last Week

According to recent data, sales of non-fungible tokens (NFTs) have increased significantly during the last week, increasing by more than 43% compared to the prior week. This week, non-fungible tokens (NFT) sales reached $397.86 million, and the number of purchasers rose by more than 77% to 345,716. Non-fungible tokens (NFT) sales on the Ethereum blockchain accounted for $360.32 million, or just over 90% of total sales, dominating the market.

Bitcoin News - 1287 ngày trước

YouTube Names A Web3-friendly Executive Is Its new CEO

Following Susan Wojcicki's resignation this week, Google-owned YouTube has named Web3-friendly executive Neal Mohan as its next CEO. To the dismay of the NFT-hating community at the time, Mohan revealed his preliminary plans for integrating a variety of new features into Web3 in Feb 2022. These features include content tokenization using NFTs and offers new opportunities for creators to interact with their fans and create new sources of income.

cointelegraph - 1287 ngày trước

CEO Of Binance Denies Rumors That US-based Projects May Be Delisted

In a series of tweets, Binance CEO Changpeng Zhao, widely known as CZ, disputed rumors that the exchange was considering delisting cryptocurrencies from the United States. The reports came as a result of regulatory inquiry because Binance is not permitted to provide cryptocurrency services to US clients. The Securities and Exchange Commission, Commodities Futures Trading Commission, and others have apparently looked into the exchange.

U.Today - 1287 ngày trước

Bitcoin Whale Moves Over $135,000,000 Suddenly In BTC

A wealthy Bitcoin (BTC) owner is abruptly selling the leading cryptocurrency asset for more than $135 million during a market decline. Blockchain monitor Whale Alert reports that 5,500 Bitcoin (BTC) were transferred from one unidentified address to another unidentified wallet. Since Bitcoin (BTC) was priced at around $24,700 at the time of the transfer, the value of the Bitcoin(BTC) exchanged was almost $135.95 million.

The Daily Hodl - 1287 ngày trước

OpenSea Adopts A Free Model With Optional Creator Royalties

The dominant non-fungible token (NFT) marketplace OpenSea said that it is removing its marketplace fee, intensifying competition with well-liked no-cost marketplace Blur. OpenSea waive all marketplace fees for a limited time and set all collections made without on-chain royalty enforcement to default to optional creator royalties starting at 0.5%, modifying blocklist of other marketplaces that don't honor full royalty payments to producers.

coindesk - 1288 ngày trước

Oman Is Going To Put Up A Regulatory Framework For Digital Assets

A new regulatory framework for the virtual asset industry in the Sultanate is being developed by the Capital Market Authority (CMA), Oman's financial markets regulator. In a recent news statement, it was said that the new regulations will contain a framework for identifying and reducing risks related to the new asset class, oversight of virtual asset activities, and a licensing procedure for virtual asset service providers (VASPs).

cointelegraph - 1288 ngày trước

There's An Increase In LATAM Workers Choosing To Accept Cryptocurrency Payments

According to a recent study, more Latin American (LATAM) workers than ever before prefer to get their paychecks in cryptocurrencies, saying that the region's adoption of cryptocurrencies has not been significantly affected by the crypto winter. The percentage of remote workers who choose to be paid in crypto increased from 61% to 64% between January and December 2022, according to the Deel Center for Global Employment's Global Recruiting Report.

cryptonews - 1288 ngày trước

Ancient Dogecoin Whale Awakens, Shifting 326 Million DOGE For The First Time In 2 Years

Massive 326.4 million Dogecoin (DOGE), or around $28 million at the time of the transfer, was newly transferred to a new address from an inactive wallet that had been dormant for nearly two years. There are a few possible outcomes that might occur. The first is that the significant transfer might cause DOGE's price to decline. The quick market sale of the coins by the recipient can cause a sharp rise in supply and a subsequent decline in demand.

U.Today - 1288 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1075 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1075 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1075 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1075 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1076 ngày trước