The Hong Kong Securities Futures Commission (SFC) is reportedly set to release cryptocurrency exchange licensing guidelines next month. The plans were reported by Bloomberg on April 27, which cited comments from the SFC’s chief executive Julia Leung on Thursday. The incoming guidelines will provide support to crypto trading platforms that will be able to offer
Month: April 2023
Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to escape dollar hegemony,” he described. Former White House Economic Advisor on BRICS Currency and
Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch crypto investment services in collaboration with the Austrian crypto firm Bitpanda. According to a joint announcement on April 26, RLB NÖ-Wien plans to provide its customers with a broad range of cryptocurrencies through Bitpanda’s Software as a service (SaaS) offering.
The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26
In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. No crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor. Sadly, Marshall betrayed the populist principles he ran on as a candidate.
Bitcoin (BTC) tagged $30,000 into the April 26 Wall Street open as bulls gained further momentum from United States banking woes. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Hayes: “Uncertainty” driving BTC price, gold Data from Cointelegraph Markets Pro and TradingView followed as it briefly reclaimed the psychological line in the sand, capping 11% gains
The Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has been at the forefront of the United States’ cryptocurrency crackdown. In the last few months, the agency has filed several enforcement actions against major crypto companies that allegedly violated security laws. Critics say the agency has adopted a regulation-by-enforcement approach without providing a
Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%. Cardano (ADA) Cardano (ADA) rose by as much as 9% on
Bitcoin (BTC) price broke above $29,800 on April 26, totaling 9.6% gains in 24 hours, reaching as high as $30,024 on Bitstamp. Some commentators argue that the 50% drop in First Republic Bank (FRB) shares on April 25 has been the catalyst for Bitcoin’s rally. Bitcoin gains from banking crisis Despite the positive shift, its
Web3 development is an exciting field that is rapidly gaining popularity, thanks to the increasing adoption of blockchain technology. If you’re interested in learning about Web3 development, YouTube is an excellent resource to turn to. In this article, we’ll highlight five of the top YouTube channels that one can use to learn about Web3 development.
Name: Gabriel Haines Anonymous: No Twitter followers: 45,300Known for: satirical ranting, shiting posting, and comedic content Who is Gabriel Haines anyway? Gabriel Haines is a content creator, podcaster and Crypto Twitter shitposter who has a proclivity for ripping off his shirt in videos and ranting about the market in a goofy and comedic fashion. His entertainment value
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the FCA has routinely warned consumers of risks associated with crypto, the watchdog has “always been open
Last week, the price of Bitcoin (BTC) reached a record high in Argentine peso (ARS) terms following persistent inflation in Argentina. Argentina’s inflation pushes BTC’s price to all-time high On April 18, the BTC-to-ARS exchange rate crossed over 6.59 million ARS, according to aggregated price data tracked by Google Finance. Since the peak, the rate has
Solana (SOL) users will soon be able to interact with the network through an open-source plugin enabled on OpenAI’s artificial intelligence (AI) chatbot ChatGPT. The plugin will allow ChatGPT to check wallet balances, transfer Solana-native tokens and purchase nonfungible tokens (NFTs) when OpenAI makes plugins available, according to an April 25 tweet by Solana Labs,
The world’s largest tech company Apple has quietly removed the Bitcoin (BTC) white paper from the latest beta version of its operating system upgrade. On April 25, the Apple-focused news site 9to5Mac reported the Big Tech firm had removed a test scanner app called Virtual Scanner II in the latest MacOS Ventura 13.4 beta, and
The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in six days and the $548 million in leveraged futures longs liquidated between
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