After El Salvador made a move on legalizing Bitcoin and administering it as a legal tender, other countries wanted to do the same but couldn’t bring themselves to do it until unless there was a clear financial framework and regulatory oversight which ensures that it is going to work out in the long run. This … Read more
At the height of mainstream crypto adoption, there have been serious calls for crypto regulations globally. The US is leading the rest of the world in this regard, moreso with the recent Infrastructure bill which has already been passed by the Senate. Reports have emerged that US lawmakers are giving thought to upping the ante … Read more
Founder of Cardano and CEO of IOHK, Charles Hoskinson, has given El Salvador credit for doing such a great job in making Bitcoin legal tender. El Salvador is currently the only place where Bitcoin has been marked as legal tender. The country’s law related to Bitcoin was just introduced this month, ordering all businesses to … Read more
A new SEC filing shows that Ark investment will soon launch an offering that allows investors to participate in Canada-based crypto ETF. The proposal remArks that investors must know that this fund offering and a direct bitcoin holding offer similar risks. Risks And Investor Interest It also reiterated that this offering might trade at a … Read more
The total crypto market cap slumps $120 billion in one day as most digital tokens struggle in the red. After consolidating at the $46,000 level for some days, Bitcoin registers southward moves and plunged below $45K. Most alternative tokens followed the flagship crypto with plummets. However, there are few exceptions. For instance, LUNA gained by … Read more
Market declines often present themselves as an opportunity for traders to get into the market at a discount. A Bitcoin whale said to own the third-largest Bitcoin wallet has taken advantage of the current dip to buy more of the flagship cryptocurrency. According to reports, his latest purchase is almost 500 BTC valued at $23 … Read more
JPMorgan is once again turning to its skeptic side, believing that the crypto market is nothing but a hoax and a bubble that will burst sooner than later. JPMorgan was very strict on its stance over the crypto world; it didn’t want anything to do with it, believed it to be a bubble that would … Read more
Solana (SOL) has registered historic bullish moves over the past sessions. The token managed to flip Ripple’s XRP in the crypto ranking amid a bloodbath week for most cryptos. As we approach the weekend, most crypto enthusiasts hope that the bearishness that dominated the cryptocurrency space over the past few days will fade. The total … Read more
Sam Bankman-Fried, the FTX CEO, recently stated that crypto derivatives are crucial for the purposes of enhancing the efficiency and liquidity of the markets. Sam is FTX’s chief executive regarding cryptocurrency derivatives, and so he believes that these derivatives are, despite the opinions of many, necessary if we are to improve the digital markets’ efficiency … Read more
Global asset manager Grayscale continues to mount pressure on the US Securities and Exchange Commission for a Bitcoin ETF. In a recent development, CEO of Grayscale, Michael Sonnenshein shares his thoughts on which he thinks should come first between a Bitcoin Futures ETF and Spot Bitcoin ETF. He also touched upon Bitcoin adoption in El … Read more
