The United States is rapidly embracing decentralized finance, the cryptocurrency sector and the innovative industry of blockchain technology. We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities […]
Category Archives: Law
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What’s the worst that could happen to Crypto Currencies in General
Original from Cointelegraph 1. Introduction Back on Oct. 31, 2008, a person — or a group of people — who called themself Satoshi Nakamoto published a nine-page paper describing a “purely peer-to-peer version of electronic cash” that introduced a brand-new online payments system called Bitcoin (BTC). Last year, for the white paper’s 12th birthday, Cointelegraph collected industry leaders’ wishes for Bitcoin. […]
ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future. Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as […]
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Thinking about trading in November? Well, Institutional Managers bought $2B worth of Bitcoin in October
Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency. Crypto investment products saw inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. Institutional demand for BTC has been picking up gradually over the […]
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Cardano (ADA) is getting the Hydra upgrade with a current standing of 2 million wallets
It’s been barely half a year since Cardano’s network hit the 1 million wallets mark. In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. 🎉OVER 2 MILLION ADA WALLETS🥳️ It wasn't […]
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Several important considerations of crypto social media in general
Beyond mere decentralization, there are four key themes central to the idea of crypto social development in the new era of Web 3.0. Following Vitalik Buterin’s call for more social application use cases on Ethereum earlier this summer, multiple crypto companies voiced intentions to build decentralized versions of mainstream social networks like Twitter. However, to create and […]
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House passes $1T bill, a crypto tax for President Biden’s approval, what this means for November?
The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens. […]
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Bitcoin bears are trying to keep BTC price below $62K
Bitcoin price dropped to $60,700 on Nov. 4 and bears are keen to pin the price under $62,000 to profit from Nov. 5’s options expiry. Bitcoin’s (BTC) 90% year-to-date gain was largely fueled by the United States Securities and Exchange Commission’s (SEC) recent exchange-traded fund (ETF) approval and in the first 48-hours of listing, ProShares’ […]
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BTC demand is keeping up with increasing activity from whales this week
Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days. Whale coins find a new home A familiar event but with curious timing — large-volume holders […]
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The Metaverse, will it be a decentralized haven?
Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. Now, the Metaverse landscape has a multi-billion dollar corporate behemoth vying for the helm, which has made its future all the more uncertain. Whether we like it or not, major […]