In a recent research note, the Bank of Italy highlighted the need for a balance between regulation and innovation in the cryptocurrency industry. The report highlighted that the consequences of the cryptocurrency winter provide a clearer case for policy intervention. However, it also notes that not all forms of cryptocurrency activity and assets should be […]
North Carolina House Passes Bill Commissioning Study on Bitcoin Holdings
The North Carolina House of Representatives has approved a bill commissioning a $50,000 study to examine the acquisition, safe storage, insurance and liquidation of “gold bullion and cryptocurrencies” such as bitcoin. The study will investigate the potential impact of holding some of North Carolina’s funds in cryptocurrencies and gold, and how holdings of gold and […]
Ethereum/Bitcoin Futures Ratio Launch Could Threaten ETH Price? Expert Forecasts
The two largest cryptocurrencies by market capitalization, Ethereum and Bitcoin, slowed down on their rally. Following a surge above critical resistance, the cryptocurrencies could retrace and return to critical support levels. As of this writing, Ethereum (ETH) trades at $1,840 with sideways movement in the last 24 hours. Over the past week, ETH has recorded […]
Mastercard’s MTN network is groundbreaking, but crypto connection is unclear
Mastercard announced its Multi-Token Network (MTN) on June 28. The platform is specifically designed to handle transactions involving blockchain and digital assets, according to the company’s announcement. Blockchain and bank deposits are a focus Raj Dhamodharan, head of crypto and blockchain at Mastercard, wrote: “Our vision for MTN is to provide a set of foundational […]
Tron’s latest update could be TRX’s saving grace, here’s how…
Tron’s daily active addresses have declined slightly over the last few weeks, while its price took a sideways path. What does the future hold for TRX?
Coinbase layer-2 network Base closes in on mainnet launch
While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled 4 out of 5 of their criteria for launch.
Shanghai Clearing House floats digital yuan services for commodity trading
One of the changes of the new regime is abolishing the 2022 “Guidelines for the Spot Clearing Business of Bulk Commodities” in favor of the revised edition in May 2023. […] Read More… The post Shanghai Clearing House floats digital yuan services for commodity trading appeared first on CoinGeek.
Digital asset investment products see revival in June. Details inside…
The average daily aggregate volumes of digital asset investment products rebounded with a 6.77% jump to $223 million in June.
Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High
Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average. And now, once again, the bull case for the digital asset is even stronger as its hashrate has risen rapidly […]
Generative AI Startup Typeface Now Worth $1 Billion Thanks to Salesforce, Google
Typeface, which offers a generative content platform for businesses, raised $100 million to secure its AI “unicorn” valuation.