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ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently, the token has experienced massive volatility leading into and after its digital land sale.…
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Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law –…
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value.
Bitcoin Is Property Protected by Law in China
The Shanghai High People’s…
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Bitcoin (BTC) Consolidates Slightly Above $30,000 After Steep Fall
Bitcoin (BTC) has increased slightly since its May 10 fall below $30,000 and has created its first short-term higher low.
Bitcoin had been increasing inside an ascending parallel channel since Jan. 21. After consolidating inside it for…
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Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale – Blockchain Bitcoin News
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from…
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Why haven’t more DeFi protocols followed suit?
Crypto derivatives trading platform dYdX has officially launched an app via Apple’s iOS store, joining just a select number of fellow decentralized finance (DeFi) protocols that have built apps for smartphone adoption. According to a May…
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Environmental groups urge US government to take action on crypto miners
A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to Proof-of-Work and other crypto mining operations.In a letter…
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Townsquare Media Purchased $5 Million in Bitcoin During Q1 2022
Townsquare Media (NYSE: TSQ) – a New York-based radio network and media company – revealed that it purchased $5 million in Bitcoin during Q1 2022 in a recent SEC filing. It claims to believe in the “long-term potential”…
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Nouriel Roubini oversees the development of tokenized dollar replacement
Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.Roubini has long been a skeptic of the cryptocurrency space, which makes…
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Yearn.Finance Showing Signs of Growth To Kick Off 2022! What’s In Store For YFI Price?
Yearn.Finance (YFI) has been in the news in recent weeks, driving the latest price breakout. After news of a proposed shift in tokenomics hit the market, the token drew a lot of attention. According to the proposal, a portion of the YFI…
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Kraken gets a crypto trading license to operate in the United Arab Emirates
Kraken became the second cryptocurrency exchange after Binance to get regulatory approval to allow it to operate in the United Arab Emirates. Kraken is now allowed to operate in Abu Dhabi Global Market (ADGM), the Abu Dhabi…
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