Crypto news

Analysts at American multinational financial services giant JPMorgan said in a report that the Hinman documents released last week in the Securities and Exchange Commission’s legal tussle with the blockchain payments firm Ripple would likely trigger more decentralization in the crypto realm. The research report, seen by CoinDesk, further noted that the documents provide a significant advantage for ether (ETH), the second largest crypto asset by market cap. A Boost for Ether...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Mathieu Michel – the digital minister of Belgium – is confident that what the European Union (EU) has in store for bitcoin, crypto, and blockchain will be huge not just for the continent, but for the world. Mathieu Michel Discusses the Prospects of the EU’s Crypto Regulation Not long ago, the region of Europe...

The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still young under the beacon chain, the Ethereum core developers continually engage each other on ways to help in the decentralization aspect. Moreover, the...

With volatility declining, buyers may soon have an opportunity to stop the downtrend. Key Support levels: $0.24 Key Resistance levels: $0.29 The weekly price for ADA shows a 7% loss. However, sellers appear to have lost interest since the crash on June 10th and have failed to take the price lower. With good support at 24 cents, bulls may have an opportunity to push ADA higher in the coming days. Chart by TradingViewTrading Volume: The volume crashed in the past few days. It...

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...

According to reports, problems began at Wyre when it set withdrawal limits for user accounts, claiming the community’s best interests. Wyre, a prominent payments firm in the crypto industry, has recently planned toward the closure of its business as it plans to cease operations by the end of next month. As highlighted in a tweet, the company attributed this move to protecting the best interests of its key stakeholders and customers, citing market conditions as the primary motivator....

[PRESS RELEASE – Please Read Disclaimer] Broadening its horizons and looking to increase its on-chain footprint, ChainGPT has begun its interchain movement by bridging the $CGPT token to the Ethereum Network. Enabled through a partnership with ChainPort, KuCoin, BitGet, and other top-tier Web3 partners, ChainGPT has developed a decentralized bi-directional bridge between the Binance Smart Chain and Ethereum for the $CGPT token. Now users will be able to transfer their $CGPT...

[PRESS RELEASE – Please Read Disclaimer] ● Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind● TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September● Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy Digital CEO Mike Novogratz SINGAPORE — 6 June 2023 — TOKEN2049, Asia’s premier Web3 and...

The Bank of England is progressing with its Britcoin digital currency project as it released results from the Rosalind project, which started in July 2022. As the idea of making cash more decentralized continues to grow in popularity, the CBDC has also been an up-and-coming project in different countries. Britcoin, the name for the Bank of England (BoE) digital currency, is also closer to being launched. The digital currency, which is to be backed by the British Pound, is aimed at...

[PRESS RELEASE – Frankfurt, Germany, June 19th, 2023] A new dogcoin is aiming to supplant DOGE as crypto’s favorite canine token and to find favor with Elon Musk. Alex The Doge (ALEX) is currently completing its presale, with demand for the novel memecoin proving strong. Interest in ALEX has been attributed to the project’s novel Play-to-Earn (P2E) ecosystem and deflationary tokenomic model. By merging gaming with real-world financial incentives, ALEX has found a niche that...