46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than three months left in 2022, Finder’s panelists predict that ethereum will drop as low as $963 per unit this year, and they also expect ethereum to end the year at $1,377…
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. Source: https://cointelegraph.com/news/greg-foss-says-bitcoin-is-a-hedge-against-monetary-inflation-bitcoin-amsterdam
Offchain Labs, developer of popular Ethereum layer 2 scaling solution Arbitrum, has closed a deal to acquire Prysmatic Labs, one the core software development teams responsible for maintaining, upgrading, and innovating the Ethereum network, Offchain announced Wednesday. The move signifies a major development for Arbitrum, one of the many so-called rollup solutions built atop the Ethereum network. Rollups sidestep the…
Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose above $1,300. Bitcoin Following two consecutive days of declines, bitcoin (BTC) was back in the green…
The world’s largest crypto asset manager Grayscale Investments has filed its opening legal brief challenging the U.S. Securities and Exchange Commission’s (SEC) decision to deny the conversion of its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. An exchange-traded fund (ETF) is an investing tool that bundles securities like stocks or commodities, allowing investors to buy shares on the…
Bitwage partnered with For Us All to offer Bitcoin and cryptocurrency 401(k) retirement plans. Users will be able to access all of the features available though both companies on one platform.Users can make pre or post-tax contributions, allowing users to avoid capital gains tax on bitcoin in retirement.. Bitwage, a bitcoin and cryptocurrency payroll provider, has partnered with For Us…
Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. Source: https://cointelegraph.com/news/gamefi-would-become-the-onboarding-point-for-metaverse-animoca-brands-ceo
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved…
press release PRESS RELEASE. It is looking like the dawn of a new beginning for crypto enthusiasts across the globe as the Girles Token – GIRLES practically raises the bar, with reports that holders of trending coins such as Cardano (ADA) and DogeCoin (DOGE) are selling to purchase the versatile, utility token. Girles Token is the primary currency of the…
Michael J. Hsu called for tighter interagency efforts and highlighted the three most dangerous areas of the new industry. Source: https://cointelegraph.com/news/us-acting-comptroller-urges-not-to-rush-with-the-crypto-regulation
