Google Cloud's Web3 portal launch sparks debate in crypto industry

Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S. economy has been remarkably resilient and defied the forecasts. Indeed, we now have the U.S. Federal Reserve discounting a recession from its current modeling, as Fed Chair Jerome Powell emphasized at…

European cryptocurrency exchange Bitstamp has announced a partnership with major Swiss online bank Dukascopy, according to an announcement published on Friday, Jan. 25.Bitstamp will support Bitcoin (BTC) transactions on behalf of Dukascopy Bank. Clients will be able to send BTC to their accounts, convert them to U.S. dollars and trade on the Swiss FX Marketplace.…

Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend. 1105 Total views 17 Total shares Recent Q2 financial details from blockchain-involved company Overstock show triple digit percentage growth compared to the same time in 2019."Total net revenue was $783…

The world’s largest stock exchange, Nasdaq, announced that it has introduced XRP Liquid Index (XRRLX), a new XRP index, to its global data service. The news was announced in a post on its website published on April 29.Per the announcement, the development is part of Nasdaq’s data dissemination partnership with cryptocurrency analytics company Brave New…

Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal.No clear feedback from SEC for 18 monthsAccording to a TON letter to investors obtained by Cointelegraph, the firm has been trying to solicit feedback from the United States Securities and Exchange Commission (SEC)…

A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation. 688 Total views 24 Total shares June 11, the number of active Bitcoin (BTC) addresses hit 1,040,244. This is the highest number in two and a half years. Many analysts believe there may be a correlation…

The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. 234 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate…

Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year. 602 Total views 20 Total shares The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark.The network's hash…

The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar. Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for…