Crypto news

Metamask continues to push for leadership in the cryptocurrency wallet industry, offering new tools that make it easier for its users to purchase crypto. On October 13, Sardine, a financial platform offering instant ACH settlements, confirmed a partnership with ConsenSys to allow Metamask users in the U.S. to purchase cryptocurrencies with their bank accounts from the wallet’s UI. We don’t fox around We make payments faster & safer for MetaMask users 🦊...

South Korean tech giant – Samsung – announced a new security system dubbed ‘Knox Matrix’ that links all user devices together in a private blockchain. The main objective is to enhance the security of a multi-device environment. Essentially, if a single device gets compromised, the others shut it out of the network automatically. “Samsung Knox Matrix will function as a user’s own private blockchain system, wherein your connected devices enhance security through multi-layered...

The lower house of Kazakhstan’s parliament – Mazhilis – reportedly greenlighted new bills that aim to establish appropriate rules in the local crypto sector. They will require miners to create authorized entities, register with the regulators, and continue being subject to taxation. Solving the Problem With ‘Gray Miners’ Despite being a global leader in cryptocurrency mining, Kazakhstan has certain issues with the so-called “gray miners” who conduct their operations without...

The Bitcoin-loving billionaire Michael Saylor has spent months pushing for rule changes surrounding cryptocurrencies and their accounting procedures. On Wednesday, was finally granted his wish.The Financial Accounting Services Board (FASB) has agreed to adopt fair value accounting procedures for digital assets. This will theoretically make assets like Bitcoin more attractive for companies to hold on their balance sheets.  The New Accounting Model As reported by the Wall...

Yassine Elmandjra – analyst at ARK Invest – believes bitcoin’s valuation could skyrocket beyond $1 million per coin in the following years. Earlier in 2022, a research team of the company estimated that the market capitalization of the primary cryptocurrency could reach $28.5 trillion by 2030. Bullish Prediction Despite the Bear Market Bitcoin and the broader cryptocurrency market have seen better days. During the past several months, the leading digital asset has lost a...

When it comes to crypto, FTX head Sam Bankman-Fried has made a real name for himself. He runs one of the biggest, most popular digital currency trading platforms of all time, and only in his early 30s, he’s already a crypto billionaire. Sam Bankman-Fried Is a Crypto Star That’s why he felt it was up to him to bail out a bunch of companies when they were failing throughout this year’s massive bear market. Many companies have gone under, and firms ranging from Voyager...

Consumer price inflation has clocked in above 8% in the latest CPI print. Consumer inflation in the US has remained near or above 8% for the entire year of 2022 so far. It reached its highest point in June, with a 12-month percentage increase above 9%. The US government sprang into action over the persistence of rising consumer prices, increasing Social Security benefits to keep pace. Social Security Gets +8% Cost of Living Adjustment Inflation is a phenomenon with...

Today, BTC went through some massive volatility. Accordingly, the trading volume on Binance increased exponentially. The price is struggling to hold above the $18K level, and the potential for further correction is causing fear across the market. Technical Analysis By Grizzly The Daily Chart: On the daily chart, Bitcoin is trading slightly above $18K, one of the lowest levels since the market crash in June. Throughout this period, this crucial level (in yellow) has been...

Jim Messina – a former advisor to President Barack Obama – has been making a real name for himself in the world of digital currencies. As his former deputy chief of staff, he is now a heavy crypto lobbyer who’s looking to instill certain guidance and regulations for digital currency exchanges stationed throughout London and the United Kingdom. Jim Messina Brings Crypto and Politics Together Messina is presently a political operative working on the board of...

The team behind the decentralized exchange – Uniswap Labs – raised $165 million in a Series B funding round, which will be allocated for NFT investments and developer tools. Shortly after the announcement, Uniswap’s native token – UNI – spiked by nearly 6%. Uniswap’s Latest Fundraiser Per a recent announcement, the multi-million initiative was led by prominent names in the financial field, including Polychain Capital, Andreessen Horowitz (a16z), SV Angel, Paradigm, and...