The financial sector in the United States is anticipating a significant revision in the accounting of cryptocurrencies, particularly Bitcoin. This recent decision aims to enhance clarity, accuracy, and confidence in the valuation of digital assets by businesses.
In the vibrant financial hub of Mumbai, an announcement rings out, echoing like the dawn of a new era in the crypto universe. India's Finance Minister, Nirmala Sitharaman, has revealed that the Indian presidency of the G20 has initiated crucial discussions, aiming to establish a global regulatory framework for cryptocurrencies. But what does this move mean for the sector? And what role is India playing in this regulatory revolution?
The cryptocurrency landscape is evolving rapidly. The XRP Ledger (XRPL), in particular, is on the verge of a significant milestone with the highly anticipated XLS-30d amendment. This update is critical as it has the potential to transform XRP into the cryptocurrency of the future.
For the past few months, Bitcoin ETFs have been among the most closely followed news items on the crypto market. The reason for this is their potential role in the explosion of asset prices, starting with bitcoin. Indeed, the eventual arrival of a Bitcoin ETF on the market is seen as good news. But it seems, according to some experts, that it could thwart the ambitions of crypto exchanges. Here's why.
Scammers are stepping up their attacks on MetaMask crypto wallet users. Some are even using official government websites. Aware of the need to protect cryptocurrency investors, MetaMask has reacted quickly. Its security team has implemented sophisticated measures.
Once upon a time, on October 28, 2021 to be precise, SHIB reached an ATH of $0.000 081. Since that day, this cryptocurrency has been on a long downward spiral, to the detriment of the Shiba Inu community. Many crypto traders believed that the advent of Shibarium would right this wrong. Three weeks on, but the SHIB bull run has yet to show its face. However, Shytoshi Kusama, the lead developer of Shiba Inu, is said to have a solution, including the SHIB crypto burn. Zoom in!
The BRICS want to get rid of the dollar's influence in international transactions. The organization reaffirmed this objective at its recent summit in South Africa. As the group's currency strategy is gradually unveiled, we learn that Ripple's XRP could contribute to this dynamic.
collaborations, but not with just anyone. Another big name joins the list, no less than Casio, to launch a collection of G-SHOCK NFT watches.
In the bubbling vortex of the digital age, India is waking up to a message that is resonating in every corner of the globe. The nation, which proudly stands as a pioneer of the crypto revolution, is throwing a stone into the pond of established conventions, by advocating a global harmonization of regulations framing the cryptocurrency sector. An impetus driven by an unexpected figurehead, marking a decisive chapter in the digital odyssey of our century.
“Not your key, not your coin”, cryptocurrency investors keep chanting. In other words, when keys are secure, assets remain safe from any theft or hoarding initiative. However, Ivan Bianco, a Brazilian crypto influencer, inadvertently exposed his private keys. The result: a good part of his cryptocurrency holdings evaporated.
Vitalik Buterin, whose crypto portfolio is worth around 244,000 ETH, has recently disposed of several thousand tokens. No explanation for this voluminous transfer of cryptocurrencies from the Ethereum co-founder. Would he need them to develop other projects? Or simply to cover personal expenses? No one knows what he's up to. Crypto-enthusiasts are panicking. Let's find out!
Blockchain is gaining ground. More and more entities are adopting it as an ally to ensure greater operational relevance. London's stock market is part of this trend, as it looks to take its performance to the next level.
Several reports on the performance of dollar-backed digital currencies suggest that crypto wallets containing stablecoins will eventually replace credit cards. The appetite for dollar-backed stablecoins in payments is increasingly surprising, and could even pose a threat to the business model of traditional payment companies such as Visa, PayPal and MasterCard. What do traditional payment companies have to say about this silent competitor?
India, this giant nation of millennia-old traditions, is resolutely embracing the digital future. Fervently embracing technological innovations, it is now positioned at the vanguard of the crypto movement, with major players such as Ripple and Yes Bank sitting at the top. But what does this crypto ascendancy really mean for the country and, more broadly, for the global financial landscape?
Coinbase's CEO is currently excited about 10 major crypto concepts that could completely change the face of the digital asset sector worldwide. In a video published this August 30, Brian Armstrong explained these concepts to developers, encouraging them to take advantage of the bear market to work on them. Read more.
Amid alarming inflation, a new trend is emerging in Turkey: more than half the population is now embracing cryptocurrencies as a financial haven. Here's an overview of this transformation.
After suffering a drop of almost -10%, Ethereum came back to perform at over 5% at the start of the week. Let's take a look at the prospects for ETH.
Since Elon Musk took over the reins of Twitter, now X, this former bluebird has been undergoing a series of major transformations. With a view to making X an “all-in-one application”, a newly-announced collaboration with Coinbase is laying the foundations for a revolution in job posting.
As the crypto sector continues to evolve at dazzling speed, Binance, the crypto trading giant, once again appears to be at the forefront of innovation. With the launch of ColLabs by Binance Labs, the promise is bold: to transform the way investors perceive and interact with the Web3 ecosystem.
A recent data analysis reveals that bitcoin reserves held by several exchanges are falling sharply. This trend could have major implications for the crypto market. In particular, exchanges could soon run out of liquidity and see their trading volumes plummet.
In the impenetrable crypto sector, every decision, every action carries weight, especially when it emanates from the most influential entity on the globe: the United States. PeckShieldAlert's recent investigation is causing quite a stir: the US government, so critical of crypto, is actually one of bitcoin's biggest holders.
The ever-changing crypto arena recently witnessed a major victory for Grayscale, marking a significant rout for the SEC. At the heart of this event, two giants of the cryptosphere, Ripple and Coinbase, scan the horizon with renewed confidence.
September 1ᵉʳ is the deadline given to the U.S. Securities and Exchange Commission (SEC) to rule on Bitcoin ETF applications. This is the date by which Bitwise will know whether its ETF will win SEC approval. Five other applicants will receive a response from the regulator the following day, while one will have to wait until September 04.
The journey towards a potential Bitcoin ETF has so far been long and arduous. But some key decisions in the race are likely to be made this week. Meanwhile, the crypto faithful are waiting to see how things play out this time.
In 2021, cryptocurrencies as a whole exploded the market counters in terms of valuation. Since then, the performance of the crypto industry has not reached a similar level. However, several experts are anticipating an end to this period of drought.
Bitcoin remains in the red year-on-year. However, this long period in the wilderness augurs well for a symmetrical bull market.
The legal battle between Ripple and the SEC remains fierce, constantly bringing new dimensions. Veteran crypto lawyer John Deaton has lifted the veil on a secret XRP memo, potentially decisive in influencing the outcome of the ongoing trial.
After El Salvador, Bhutan and Russia, the Sultanate of Oman is now rolling out the red carpet for bitcoin miners.
On September 18, 2023, The Lost Wallet will launch a free online game available at https://www.thelostwallet.com/ : an arcade game with a CryptoPunk worth $120,000 and a selection of NFTs as prizes. To win these rewards, the rule is simple: be the player with the fastest time in this arcade game. The course can be completed in less than 5 minutes.
While the SEC is waging an anti-crypto war, the US regulator has just suffered a setback against Grayscale regarding the Bitcoin ETF. The federal court ruled today in favor of Grayscale's petition for review. In setting aside the SEC's order, the court ruled in favor of the American investment giant. This decision could pave the way for approval of the Bitcoin ETF.