#Digital Assets


Bitcoin Treasure Hunt Will be Launched by ONFO

Excitement, learning, and the opportunity to get rich will be combined in one campaign. With ONFO project starting to show educational videos about cryptocurrencies, millions of people will have access to information about the intricacies of this market. Its official YouTube channel will be filled with ten crypto videos. But equally important, any viewer will have the chance to win 1 bitcoin. The private key to the wallet is hidden in the videos. The hunt is on.

Bitcoin Likely to Be Rangebound After Rebound From $29K

Some observers say the Fed taper fears are here to stay and could keep bitcoin’s gains in check. “Concerns about the outlook for Fed policy and the impact of a shift to less-accommodative policy on account of rising inflation that may not be transitory pose downside risk to bitcoin’s price,” Joel Kruger, currency strategist at LMAX Digital, said.

CoinZoom Launches CoinZoom Earn Wallet Offering Up to 7.5% APY

CoinZoom, a cryptocurrency exchange platform, and fintech company has announced its launch of CoinZoom Earn. This is an investment tool that rewards users with up to 7.5% Annual Percentage Yield (APY) interest on 40+ cryptocurrency and USD holdings. Crypto holdings include Bitcoin, Ethereum. CoinZoom offers users comprehensive services including buying,...
Congress & CourtsCoinDesk

Bipartisan Crypto Bills Pass US House of Representatives – Again

The Consumer Safety Technology Act, sponsored by Rep. Jerry McNerny (D-Calif.), directs the Consumer Product Safety Commission to establish a pilot program to explore use cases for artificial intelligence in commerce. The two blockchain bills – the Blockchain Innovation Act and parts of the Digital Taxonomy Act – direct the Secretary of Commerce and the Federal Trade Commission (FTC) to study and report on the use of blockchain technology and digital tokens.

Say Goodbye To Bitcoin And Say Hello To The Digital Dollar

Yesterday we talked about the prospects of a digital dollar coming down the pike. It seems clear that global governments will not allow non-sovereign forms of money to continue to proliferate. The Senate Banking committee's hearing on the digital dollar two weeks ago was not only a public exploration and...
MarketsTraders Magazine

Digital Asset Adoption to Accelerate

The digital asset ecosystem and infrastructure continues to undergo a dynamic maturation, Tom Nath, Chief Operating Officer, BitOoda said. “Today there is a growing number of players who are not only dedicated to growing the space and advancing it from an infrastructure perspective, but doing it in a compliant way,” he said during “Shining a Light on Digital Asset Markets 2021” webinar hosted by The Association for Digital Asset Markets (ADAM) and Eventus.
MarketsPosted by
Business Times

Bitcoin Below $30,000 Before Bouncing Back

Bitcoin prices briefly dropped below $30,000 Wednesday - sparking fears of another cryptocurrency winter. Other popular digital currencies such as Ethereum and Dogecoin also dropped over the past 24 hours. Despite the significant drop in cryptocurrency prices, some investors have remained optimistic that the assets will retain their value. Analysts...
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The Rise of NFTs

In times past, creatives and other professionals had problems monetizing their work. They had to be part of a larger company or agency that was capable of promoting them to get their works of art in the hands of buyers. This was a problem as these companies shared the money made and the rights to the works these professionals produced. Creatives were always short-changed until the inception of the non-fungible token (NFT).

As Inflation Fears Deepen, Stablecoins Become Irresistible

In the latest Consumer Price Index (CPI) report published by the U.S. Bureau of Labor Statistics, it was announced that the CPI had risen, yet again, by 0.6% in May. Even more, the CPI rose 5% year-over-year; “the fastest pace since the summer of 2008,” according to CNBC, in the midst of what is now known as the global financial crisis.

Bybit derivatives exchange hit with securities violations in Canada

A Canadian securities regulator is targeting one of the largest digital currency derivatives platforms over its alleged non-compliance. The Ontario Securities Commission has issued a statement of allegations against Bybit, accusing the company of operating in its jurisdiction without obtaining the required licenses. Bybit becomes the latest platform targeted by the regulator, with Poloniex and KuCoin also being accused of similar violations.

Despite the Crash: Mike Novogratz Still Believes Bitcoin is the Future

The prominent Bitcoin bull Michael Novogratz believes that the primary cryptocurrency is a better version of gold despite the ongoing market crash. Michael Novogratz – the CEO of Galaxy Digital – shared another positive forecast for the future of the primary digital asset. Despite the ongoing crypto crash, he still looks at bitcoin as the better version of gold.

Bank of Israel uses Ethereum blockchain for upcoming ‘digital shekels’

A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain. According to the report, Ethereum is the first blockchain platform to host computer programs commonly known as ‘smart contracts’ which allow users to create new crypto assets and perform other functions.