After weeks of debates and delays, the EU has voted against banning the use and mining of proof of work digital assets, such as bitcoin and ether. CryptoPotato reported earlier the Markets in Crypto A...
Tag: Cryptocurrencies
The Top Three Staking Cryptocurrencies to Pay Attention to in 2022: BitDAO (BIT), FIREPIN (FRPN) and Ethereum 2.0 (ETH)
PoS blockchains use a practice known as “staking” in which users deposit funds and keep them in their digital wallets to help validate transactions. After that, customers may earn more cry...
Cryptocurrencies That Will Impact the Globe
Bitcoin (BTC) may be a pioneer in the world of cryptocurrencies, but it is also quite a burden on the planet’s resources and harmful to the environment. That’s why impact tokens are becoming more prom...
Tesla’s Elon Musk Says He’s Not Selling His Crypto Holdings. Bitcoin Is Up.
Text size Bitcoin Dreamstime Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell. Dogecoin (D...
Top 5 cryptocurrencies to watch this week: BTC, DOT, SAND, RUNE, ZEC
BTC’s technical setup suggests a potential breakout to the upside and charts suggest DOT, SAND, RUNE and ZEC would be the first to benefit from any bullish price action. Bitcoin (BTC) has been relativ...
New amendments on EU crypto legislation put forward that could limit proof-of-work cryptocurrencies
Language regarding proof-of-work cryptocurrencies has once again been added to a proposed legislative framework set to be voted by a European Parliament committee on Monday, sparking a new round of co...
Cryptocurrencies against the ‘silent thief.’ Can Bitcoin protect capital from inflation?
The world is becoming increasingly volatile and uncertain. The assertion that “inflation is the silent thief” is becoming less relevant. In 2021, inflation has turned into a rather loud and brazen rob...
20% Of Shark Tank’s Kevin O’Leary’s Portfolio Is in Cryptocurrencies ⋆ ZyCrypto
Advertisement     Canadian businessman Kevin O’Leary has disclosed that he holds a significant chunk of cryptocurrencies. Speaking on CNBC’s Squawk Box segment on Frid...
Princeton Creates The Cryptocurrencies Studies Programme With The Help Of $20 Million Via Cryptocurrency Alumni
Computer scientists have had a long uphill fight figuring out how to reach consensus among a distributed group of entities that don’t trust one another. While Bitcoin (BTC) has mostly solved the probl...
Hedge Funds Are Quietly Investing Billions Of Dollars Towards Bitcoins, Ether, And Other Cryptocurrencies, According To One Latest Study
Hedge fund Brevan Howard launched a new flagship vehicle called BH Digital in January, claiming growing demand. The fund, which manages slightly more than $250 million, also stated that the new unit i...
Reports Suggest New Investors Developing Keen Interest In Cryptocurrencies
Many people are skeptical about cryptocurrencies due to the sector’s volatility. But more people in emerging markets are embracing it as a way to make more returns in the long run. No one can argue th...
The U.S. and its allies put their foot down against Russia’s use of Cryptocurrencies to evade sanctions ⋆ ZyCrypto
Advertisement     A group of nations led by the U.S. is doubling down its efforts to prevent Russia from evading sanctions using cryptocurrencies. According to a Frida...
What the Russian Invasion of Ukraine Means for Clients Considering Crypto
When Russia invaded Ukraine on Feb. 24, cryptocurrencies posted strong gains. Bitcoin rallied from $38,300 to $44,400, and Ether jumped to $3,000, up from $2,400. President Biden’s recent execu...
Biden’s Labor Department Has Big Worries About Crypto In 401(k)s
Business And Finance Concept Of 401k Investments Growing In Equity Do To A Bull Market Trend getty The U.S. Department of Labor came out this week with an unusually strong warning about cryptocurrenci...
Stripe Now Supports Cryptocurrencies Once Again After Changing Its Mind In The Past
Advertisement     Stripe has announced its re-entry into the crypto space with a range of new offerings for businesses. The payment giant has had a rollercoaster ride ...
The US Labor Department Sounds Stern Warnings Against Including Cryptocurrencies In Retirement Funds ⋆ ZyCrypto
Advertisement     The US Labor Department cautions firms about adding crypto to 401(k) plan options. Concerns surrounding the volatile nature of the asset as well as ...
Cryptocurrencies Buckle In The Wake Of Geopolitical Tensions ⋆ ZyCrypto
Advertisement     Russia’s invasion of Ukraine rattled markets. Stablecoins seem to be soaring with the current risk-off sentiment. Gold peaked at 15-month highs as i...
Sanctions on Russia, Estonia, calls for restrictions on cryptocurrencies
Following calls to this effect by Ukrainian Vice-President and Minister of Technological Innovation Mykhailo Fedorov, for the first time ever, a Prime Minister of Estonia has specifically called for r...
Stripe announces fiat payment support for cryptocurrencies and NFTs
U.S.-based fintech giant Stripe has significantly ramped up its crypto initiatives after it launched a service that enables payments for NFTs and digital assets via fiat currency. Businesses can use S...
Estonian Prime Minister Calls for Restriction of Cryptocurrencies – Regulation Bitcoin News
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, th...
Here’s The Whole Bushel Of Biden’s Groundbreaking Executive Order For Cryptocurrencies ⋆ ZyCrypto
Advertisement     President Biden has signed an executive order mandating federal agencies to review the benefits and risks associated with digital assets. The order i...
Should You Buy the Grayscale Bitcoin Trust Fund? It’s on Sale—and That Could Be a Trap.
In closed-end funds, anything trading around 70 cents on the dollar might seem too good to pass up. Investors can get that kind of bargain now in the Grayscale Bitcoin Trust . But this may be a case w...
Robert Kiyosaki Says ‘We Are in Biggest Bubble in World History’ — Warns Government Will Seize All Cryptocurrencies – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has made some gloomy predictions about the economy and the future of cryptocurrency. Besides warning that we are in the b...
USA: Biden signs executive order on cryptocurrencies
In the US, President Joe Biden signs an executive order on cryptocurrencies, to establish the first federal strategy on digital assets in the country. The announcement comes from Brian Deese, director...
President Biden Expected To Sign Executive Order on Cryptocurrencies This Week
A new report says directives outlining the US government’s cryptocurrency strategy are set to be issued this week. Citing unnamed sources, Bloomberg says President Biden will sign an executive order t...
Sanctions on Russia, Switzerland ready to block cryptocurrencies
One of the particular effects of the Russia-Ukraine war is that it has succeeded in breaking Switzerland’s historic neutrality. Switzerland is now ready to freeze the cryptocurrency assets of Moscow’s...
Coinbase Purposes Use Of Cryptocurrencies To Prevent Sanction Evasion
Highlighting the possibility in traditional finance structures to evade compliance with economic sanctions, well-known crypto exchange Coinbase purposed to use cryptocurrencies to prevent laundering a...
Apple Co-Founder Says Bitcoin Is “Pure-Gold Mathematics” But What About Other Cryptocurrencies?
Apple co-founder Steve Wozniak has always been a big supporter of bitcoin. Wozniak who founded Apple with Steve Jobs saw their company grow to be the first $1 trillion-dollar company and subsequently ...
Layer 1 Cryptocurrencies Take Beating as Market Sheds $76B
Several leading layer 1 networks have taken a beating in the past 24 hours, with market leaders in Solana, Terra, Cosmos, Near, and others dropping by around 5%. The leading smart contract platform, ...
Why War and Sanctions Are Good for Bitcoin
Illustration by Elias Stein Text size Russia’s invasion of Ukraine is pressuring equities, pumping up oil prices, and scrambling Federal Reserve plans to raise rates. Through it all, Bitcoin has been ...
Cryptocurrencies Won’t Help Russia Evade Sanctions
About the author Miller Whitehouse-Levine is policy director at the DeFi Education Fund, a nonpartisan advocacy group working to educate policymakers about DeFi. In response to Russia’s ongoing invasi...
Bills on cryptocurrencies in Italy and Europe- The Cryptonomist
The legislators’ desks are full of drafts and bills that will never see the light of day. Some of them might make a difference, others will hardly be missed. This also applies to the cryptocurrency se...