Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to expand into Europe, CEO Michael Sonnenshein told Bloomberg…
Month: April 2022
Bitcoin is 40%+ down from its ATH, but on-chain analysts say it’s ‘starting to bottom out’
The cryptocurrency market has experienced another rollercoaster week that saw Ether (ETH) price drop below $3,000 and Bitcoin (BTC) price hit a new multi-month low at $37,700. Equities markets also endured a sharp sell-off primarily due to investor fear over potential changes to the size of the Federal Reserve’s next rate hike. To date, Bitcoin price fell 41.72% down from…
Internet Computer’s ORIGYN is watching the watches using NFT authentication
ORIGYN, a Swiss foundation that uses artificial intelligence (AI) to identify and authenticate objects of value, has partnered with luxury watch marketplace WatchBox. The pair will co-produce certificates of authenticity in the form of NFTs that enable customers to trade the digital ownership of a watch. ORIGYN is the largest project on the Internet Computer Protocol, or ICP, developed by…
Robinhood’s Crypto Revenue Rises in Q1 Despite Overall Downturn
In brief Robinhood reported net revenues of $299 million for Q1 2022, including $54 million for its crypto business. The firm announced on Tuesday that it would lay off 9% of its employees due to slowing growth. Just two days after laying off 9% of its workforce, Robinhood today announced its Q1 2022 earnings, which suggest a continued downward pattern…
Panama Assembly Passes Bill Regulating Bitcoin, Crypto
Panama has approved a bill regulating the use of bitcoin and cryptocurrencies as payment.The goal is to foster job creation and make the country a leading technology hub in Latin America, a Congressman said.There will be no capital gains tax on bitcoin investments. Panama has unanimously approved overhaul legislation to regulate the Bitcoin and cryptocurrency markets in the country in…
CropBytes Games Celebrates a Milestone Unheard of, ‘4 Years of Sustainable Web3 Gaming’ – Press release Bitcoin News
press release PRESS RELEASE. For a gaming community to complete 4 years in the crypto gaming industry is a remarkable achievement to say the least. CropBytes was launched during the 2018 bull run, and the team’s strategy and agility towards changing market scenarios and needs of the community have enabled the game to sustain and grow over the years. What…
US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director
Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar. In written testimony for a Thursday hearing of the House Financial Services Committee on digital wallets, Choudhary said the United States needed “a currency or electronic token that is equivalent in functionality…
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market. Independent Reserve’s survey — conducted across all age groups and genders of the Singapore population — revealed a strong affinity for various…
Domain Names Are Fueling the Latest NFT Craze on Ethereum—Here’s Why
In the past week, Ethereum domain name sales on OpenSea are up nearly 2,300%, as users rush to buy highly coveted, and scarce, three and four-digit names. The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain. The ENS is controlled by a DAO, or decentralized autonomous organization, which uses governance tokens to make collective decisions.…
How To Whirlpool Bitcoin Sparrow Wallet
All Bitcoin transactions are public, anyone can look at them. Whirlpool breaks deterministic links to past transactions and provides forward-looking anonymity. This part of the series demonstrates how to Whirlpool your bitcoin so that you can take steps to preserve the censorship-resistant and permissionless attributes of Bitcoin using your own Bitcoin Core node as the backend for your Sparrow Wallet…