The market capitalization of Bitcoin (BTC) has increased to $ 194 billion in 2023. The growth of 66% year-to-date (YTD) is vastly outperforming the top Wall Street bank stocks, mainly because the fear of a global banking crisis is increasing.…
The growing adoption of crypto globally has opened up different jurisdictional classifications and regulations for digital assets. Regulatory bodies and authorities determine transaction levels and classes of crypto tokens based on legislative rules. For example, the UK has stepped up…
Hudson Jameson, a core developer liaison who previously worked with the Ethereum Foundation, the nonprofit organization behind the world’s largest smart contract platform, has joined Polygon. Jameson Join Polygon In a tweet on March 16, Jameson, also a committee members…
Cryptocurrency institution custodian Protego’s conditional trust banking national charter has expired without it receiving permanent approval, according to a March 17 report in Fortune. A spokesperson for the United States Office of the Comptroller of the Currency (OCC) told Fortune…
According to new report by Bloomberg, Coinbase has explored the possibility of setting up a cryptocurrency trading platform in a jurisdiction outside the regulatory reach of the United States agency. The report indicates that crypto exchanges have discussed this potential…
Microsoft is reportedly working on integrating crypto and nonfungible token (NFT) friendly Web3 wallets into the Edge web browser. In a March 17 Twitter thread, software documentary – and occasional info leaker – Albacore showed off a series of Edge…
On-chain data shows Bitcoin’s profit-taking volume has risen after the cryptocurrency’s price briefly broke above the $27,000 level. Bitcoin Observed 2.4 Times Transfer Profit As Loss According to data from an on-chain analytics company Holythis level of profit-taking has not…
The merger between decentralized finance (DeFi) and traditional assets has been held back by the lack of infrastructure and regulatory standards worldwide, according to sources Cointelegraph recently spoke with. “There’s no good institutional-grade system for these companies to participate in.…
The collapse of FTX sent shockwaves throughout the crypto space, leading to the downfall of several crypto companies and prices collapsing at the same time. However, the market rebounded and confidence returned. Bitcoinist caught up with Bitrue’s Chief Strategy Officer,…
Creditors in the FTX bankruptcy case reported that the company’s various silos have assets scheduled to exceed $4 billion as of November 2022, but said they are still investigating the company’s crypto holdings. In a March 17 filing with the…