Harris win unlikely to rock Bitcoin price, but crypto fears persist, say observers
With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector.
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Court allows most SEC claims to proceed in Binance suit
Judge Amy Berman Jackson however dismissed the SEC’s claim that BNB is traded illegally on secondary markets, citing the Ripple decision.

Shanghai Man: US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government.…

McDonald’s, Nestlé and Virgin Media Join Blockchain in Advertising Pilot
McDonald's, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online.Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the digital ad supply chain, as business…

JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away.A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockchain technology.Blockchain in banking still years awayPer the…

Ethereum price breaks through $3K, but analysts warn that a retest is needed
ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first. 1080 Total views 8 Total shares The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread…

New Brazilian Bitcoin ETF pledges carbon neutrality
Hashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech. 41 Total views 1 Total shares BITH11, a new exchange-traded fund (ETF) launched in Brazil by crypto-focused alternative investment firm Hashdex Asset Management, claims to be the country’s first “green” Bitcoin ETF.The fund…

Why is the crypto market down this week?
The cryptocurrency market has experienced a notable downturn recently, with the total market capitalization falling by 10% between August 14 and August 23, reaching its lowest point in over two months at $1.04 trillion. This movement has triggered significant liquidations on futures contracts, the largest since the FTX collapse in November 2022. Total cryptocurrency market capitalization,…

‘Tens of millions’ to enter Web3 through gaming in 2024 — GameFi execs
Crypto market hype and the “commercial release” of several highly anticipated blockchain games will likely onboard “tens of millions” gamers to Web3 in 2024, according to Web3 gaming execs.“2024 is a growth year in terms of bringing people on to Web3,” said Yat Siu, co-founder of gaming and venture firm Animoca Brands, in an interview