Author: btcadmin

A technical analysis pattern hinting at bull reversal has appeared on bitcoin’s (BTC) daily price chart as market participants look to Wednesday’s U.S. inflation data to put a floor under risk assets. BTC has recently taken a beating, falling from $100,000 last month to under $80,000 this week due to several factors, including risk aversion…

Mercado Bitcoin, one of Latin America’s largest cryptocurrency exchanges, is teaming up with Polygon Labs to expand the tokenization of real-world assets (RWAs) in the region. The initiative aims to issue more than $200 million in tokenized assets this year, more than doubling the platform’s current total. Продолжение Читайте Ниже Don’t miss another story.Subscribe to…

Bitcoin’s (BTC) four-year compound annual growth rate (CAGR) has dropped to its lowest recorded level of 8%, according to Glassnode data. The four-year period was chosen to align with bitcoin’s (BTC) halving cycle while also capturing the typical bull/bear market cycle, which tends to follow a similar timeframe. STORY CONTINUES BELOW Don’t miss another story.Subscribe…

Sony’s blockchain division is bringing Japanese social media giant LINE into the web3 world, with plans to adapt several popular mini-apps onto Sony’s Soeneium network, the company announced Wednesday. Story continues LINE reports approximately 200 million active users across its platform, and the agreement will bring four LINE-based games, or “mini-apps,” to Soneium: Sleepagotchi, Farm…

A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to collect certain taxpayer and transaction information, including decentralized finance (DeFi) platforms. With a 292-132 vote, a bipartisan majority in the House joined the U.S. Senate in advancing the Congressional Review…

Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally. Story continues Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms…

What was shaping up to be another down day in markets has reversed in Tuesday afternoon U.S. trading after Ukraine agreed to a Trump administration proposal for a 30-day ceasefire in its war with Russia. Russia has yet to weigh in, but the agreement will hinge on that country’s acceptance, according to a joint statement…

ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens. The tokens, available to accredited investors, each represent one kilogram of gold stored in custody, according to the press release. Investors can trade these digital…

Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador. STORY CONTINUES BELOW “From my perspective, Paraguay seems to have the groundwork laid for…

After years in which crypto insiders desperately sought to get the attention of the U.S. Congress, the pro-digital-assets witnesses at the latest congressional hearing on stablecoins include a senior executive from the Bank of New York Mellon Corp. and a Davis Polk & Wardwell lawyer who spent his career representing Wall Street. As congressional momentum…