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Weekly overview

Crypto industry fires back after EU vote to block ‘unhosted’ wallets

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

"Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO…

Continue ReadingCrypto industry fires back after EU vote to block ‘unhosted’ wallets

Bank of Japan official calls for G7 nations to adopt common crypto regulations

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly, as current rules do not take into account the potential…

Continue ReadingBank of Japan official calls for G7 nations to adopt common crypto regulations

Analysts debate Bitcoin’s next step after today’s $45.5K retest

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step. The euphoric calls for a return of…

Continue ReadingAnalysts debate Bitcoin’s next step after today’s $45.5K retest

VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency. American investment firm VanEck believes that Bitcoin…

Continue ReadingVanEck says Bitcoin could hit $4.8M if it became the global reserve asset

New SEC guidance on accounting and disclosures rankles Commissioner Peirce

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.” U.S. companies that safeguard their…

Continue ReadingNew SEC guidance on accounting and disclosures rankles Commissioner Peirce

Traders predict $3,800 Ethereum, but multiple data points suggest otherwise

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes. Investors tend not to complain about a price rally, except…

Continue ReadingTraders predict $3,800 Ethereum, but multiple data points suggest otherwise

Chiliz launches public testnet for its new layer-1 blockchain

  • Post author:admin
  • Post published:April 1, 2022
  • Post category:Weekly overview

Focused on the sports and entertainment industries, the Chiliz Chain 2.0 blockchain network was birthed in collaboration with decentralized infrastructure protocol, Ankr. Digital asset sporting project Chiliz has announced the…

Continue ReadingChiliz launches public testnet for its new layer-1 blockchain
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