Category: Cryptocurrency

Apr 07
Toomey drafts bill to exempt stablecoins from securities regulations

The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations. 368 Total views 42 Total shares Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States. According to a […]

Apr 06
Meta may introduce tokens and digital currency lending services to apps: Report

The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse. 322 Total views 10 Total shares Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency named after CEO Mark Zuckerberg as well as lending services to apps it owns, which may include […]

Apr 06
Nifty News: Solana NFT sales pass $1.6B, wash trading on LooksRare and more

The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active blockchain by NFT sales volume. Data from NFT transaction tracker CryptoSlam confirm that total sales on Solana have reached the milestone. Solana’s visibility among traders is clear as it has also […]

Apr 06
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K

Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768 BTC. Terra buys the dip… again The move comes after a multi-day lull in buying activity […]

Apr 06
Crypto trading to move to the Metaverse, says developer-focused study

A majority of the developers believe that crypto and blockchain innovation will be “critical to shaping the future of the metaverse.” 1952 Total views 40 Total shares A new study shows that developers believe that the Metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider […]

Apr 06
3 reasons why Ethereum price can hit $4K in April

Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike  Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect […]

Apr 06
Bitcoin transaction fees hit decade lows, here’s why

The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. 566 Total views 38 Total shares It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research […]

Apr 06
Visa should be ‘scared:’ Lightning Labs raises $70M to add stablecoins

The firm has built a new protocol called Taro that enables stablecoins to be sent and received on the Bitcoin Lightning Network. 3306 Total views 69 Total shares Bitcoin (BTC) software firm Lightning Labs has secured a large funding round to enable and further develop the Lightning Network for faster and cheaper Bitcoin and stablecoin […]

Apr 06
Crypto billionaires increase by 60% in a year: Who made Forbes annual list?

There are now 19 billionaires on the crypto-rich list as seven more join the ranks of the industry’s wealthiest executives and founders. 2214 Total views 12 Total shares The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially. The crypto elite […]

Apr 06
Scaramucci sees bright future for crypto but ‘very worried’ about US politicians

The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership. 483 Total views 7 Total shares Skybridge Capital founder Anthony Scaramucci believes the blockchain industry has a very bright future, but he is concerned about the “very weak leadership” in American […]