Auto Added by WPeMatico

Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset…

Continue ReadingSwarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week

5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap

During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in…

Continue Reading5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President…

Continue ReadingRussian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the…

Continue ReadingBank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank

The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The…

Continue ReadingSolana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank

Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’

According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just…

Continue ReadingBillionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’

Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules…

Continue ReadingAustralia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future

Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially…

Continue ReadingRussia Considers Partially Replacing Dollar Reserves With Digital Assets in Future

Valve Bans Games Built on Blockchain, NFTs, and Cryptocurrencies From Steam Gaming Platform

This past week, Valve, the parent company of the video game digital distribution service Steam updated its distribution onboarding guidelines. According to the newly updated rules, the company is banning…

Continue ReadingValve Bans Games Built on Blockchain, NFTs, and Cryptocurrencies From Steam Gaming Platform

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex,…

Continue ReadingCFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million