Bitcoin (BTC) failed to close 2021 above the long-expected $100,000 level, but experts believe the psychological horizon is still achievable by taking gold’s market share, albeit over a more extended period. In a note released to investors on Tuesday, Goldman Sachs co-head of global FX and EM strategy Zach Pandl hypothesized that if the largest cryptocurrency could overtake 50% of…
The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities trading and settlements. The European Union’s securities regulator recently published a “call for evidence” to invite stakeholders to share their feedback on the regulations for regulatory technical standards (RTS) on reporting and transparency on the DLT pilot expected to be…
The UK’s Advertising Standards Authority (ASA) has banned two advertisements belonging to crypto exchange Crypto.com, per a ruling published today. The two ads were “in-app” ads. The first, seen in September 2021, appeared on the Daily Mail app—an app for one of the UK’s most popular newspapers. “Buy Bitcoin with credit card instantly,” it read. The second ad, seen in…
The cryptocurrency community has raised concerns about Maricoin, a new token supposedly related to the LGBT+ community, with some people even suspecting the project to be a scam. Launched in December 2021, Maricoin promises to enable a “social, ethical, transparent and transversal means of payment” targeting the global “pink economy,” which is estimated to amount to trillions of dollars. One…
Livepeer, a decentralized service designed to minimize infrastructure costs for online streaming or on-demand video applications, announced it has raised $20 million in its Series B expansion. New investors in this round include financier Alan Howard and investment firm Tiger Global, with participation from existing backers. Livepeer announced its initial $20 million Series B in July 2021. The round was…
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The executive power in Pristina has…
No sector of the economy or indeed life is safe from nonfungible tokens (NFTs) or tokenization. Golf is the latest sport to succumb to the lure of NFTs and a round of decentralization thanks to the efforts of LinksDAO. In a sold-out NFT drop, LinksDAO raised $10.5 million to fund its golfing aspirations. More than 9,000 “leisure membership” and “global…
In brief NFT collectibles based on Quentin Tarantino’s film “Pulp Fiction” will be auctioned this month. The sale was previously delayed due to a legal challenge from film studio Miramax. Film director Quentin Tarantino made news in November when he announced the planned launch of NFTs based on his acclaimed 1994 film “Pulp Fiction.” However, the story took a turn…
Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today revealed that the majority of respondents want to be able to pay with Bitcoin (BTC) or other popular digital currencies when renting their next house or apartment on Airbnb. Other requests included clear pricing displays,…
Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst weighs prospect of “fakedown” towards $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the previous day’s levels near $47,000 on Binance at the time of writing. The…
