Bitcoin sales by gov'ts just 4% of $225B bull market inflows — Analyst

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one

The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.

Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.Source: KaikoTwo new trends emergeSince Black Thursday, two new trends have emerged: the correlation between Bitcoin (BTC) and the…

Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw out the case due to lack of jurisdiction, so the NYAG will continue to prosecute the companies via the Martin Act.Bitfinex issued its reply in an official…

Whether she will or not is another matter. Sen. Kamala Harris, who was recently chosen to be U.S. presidential candidate Joe Biden's running mate, may not be crypto savvy yet, but Tim Draper believes she can learn.Harris is a native Californian whose political career has largely focused on her home state. She served as San…

Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. 348 Total views 6 Total shares