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India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022.India’s Finance Minister Nirmala Sitharaman will present the nation’s budget at the beginning of the month, considered the most important financial day of the year for the world’s largest democracy.The speech...
As the idea of the metaverse — bringing together different gaming worlds and economies under one cohesive secured virtual umbrella — crystalizes in the collective consciousness of gamers, one of the best-known figures in the industry has come out against it. Team Valhalla
The developing narrative of ether and alternative cryptocurrencies, or altcoins, decoupling from bitcoin in an adverse macro environment went up in smoke on Friday as a sell-off in stocks and the largest cryptocurrency caused extensive damage to the broader crypto market.Bitcoin fell to a five-month low of $38,300...
According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiations with different crypto lending platforms looking to provide loans to Salvadoran SMEs, Steiner said, adding that,...
“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital assets and blockchain technology represent a unique, global and collective phenomenon that breaks barriers and creates a level,...
Ether, Solana, and other L1s also slip during Asia trading day Jan 21, 2022 at 4:11 a.m. UTCUpdated Jan 21, 2022 at 4:11 a.m. UTCBitcoin's price fell below $40,000 for the first time in months in the early hours of Jan. 21. (CoinDesk Bitcoin Price Index) Team Valhalla...
The mining difficulty on the bitcoin network increased by 9.32% and hit an all-time high of 26.64 trillion on Jan. 21, at 22:07 UTC, beating the previous record set on May 13, 2021.The difficulty is automatically adjusted based the amount of computational power on the network, or hashrate,...
Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.)...
MicroStrategy CEO says the company’s strategy is to buy and hold Bitcoin, not sell. The company has over $5 billion worth of BTC. The CEO of MicroStrategy Michael Saylor says that the business intelligence firm, and one of the biggest holders of Bitcoin, has no plans to sell its...