Bitcoin price rallies to $32.3K, but three factors could limit its recovery

May 31, 2022
The Last Cryptocurency
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Cryptocurrency exchange Huobi has joined Russia’s VEB Innovation Fund to share notes on crypto regulation, according to a fund’s press release published Wednesday, September 19.According to Crunchbase, the VEB Innovation Fund was created in 2011 to invest in Russian high-tech startups and to promote local innovations in the global market. The Center of Digital Transformation,…

Memecoin search interest and market performance steals spotlight from Bitcoin

Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.

Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi

XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay’s Bitcoin one-to-one backed asset interBTC. 523 Total views 12 Total shares Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions…

‘Bitcoin Is Digital Gold’ Narrative Still Unproven, Warns Expert Trader

For many, trading cryptocurrency can be a challenge, but the process is made easier if one relies on a combination of technical analysis tools and oscillators to provide insight on which path digital assets like Bitcoin (BTC) might take. Typically, one sees traders employ the relative strength index (RSI), moving average divergence convergence (MACD), Stochastic RSI…

Dubai financial regulator working on regulations for cryptocurrencies

The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021. 1500 Total views 7 Total shares The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations.The DFSA…

Belfast Launches Own Digital Currency to Boost Rockefeller Social Project Success

This article has been updated to clarify that the belfast coin will not be based on blockchain.Authorities in the United Kingdom city of Belfast have partnered with Israeli payment firm Colu to issue their own digital token, a press release confirmed on May 8.Colu, which operates local digital currency ecosystems in four cities, will issue…

Russian Orthodox Patriarch is not a Bitcoiner, church clarifies

A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments. 1038 Total views 30 Total shares Patriarch Kirill of Moscow and all Rus', the leader of the Russian Orthodox Church, has not urged his flock to invest in Bitcoin, despite videos claiming otherwise. A clip recently emerged claiming that Kirill had…

BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding

ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz.APE's price surged 7.5% intraday to reach around $14.50 per piece. Notably, the token's upside move came as a part of a retracement rally that started at the beginning of…

Denmark proposes use of blockchain in fight against corruption

Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption. The Ministry of Foreign Affairs of Denmark published a report explaining the use of IT technologies and services including blockchain, e-governance, big data, and crowdsourcing to fight administrative, or day-to-day, corruption as well as political…

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