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Ban, Minister Says
India’s Minister of State for Finance Anurag Thakur said the government needs to study national security risks posed by virtual currencies before making any decision on their legality. “We understand there is immense interest in these virtual currencies, but we also need to look at national security and security of Indians and individuals,” Thakur said while addressing an event organized by Entrepreneurs’ Organisation Punjab on Saturday. Thakur took a jab at the high price volatility of cryptocurrencies, saying that these coins often chart 10x price moves in weeks. “That doesn’t happen in…
03/07/2021 -
2021 Global Distributed Cloud Storage Summit debuts at the world’s tallest building, Burj Khalifa
As stated in global media reports, the theme video of 2021 Global Distributed Cloud Storage Summit debuted at the world’s tallest building, Burj Khalifa, attracting widespread global attention. The 2021 Global Distributed Cloud Storage Summit will be held on September 15, 2021 at the Dubai-Abu Dhabi National Exhibition Center. The summit is supported by the UAE Royal Family and the UAE government, and will bring together thousands of industry elites from dozens of different countries to discuss the opportunities, challenges and future prospects of distributed cloud storage technology. The three-day…
Business 08/17/2021 -
Why the NFT Frenzy Won’t Drive Up Prices for Bitcoin Just Yet
The white-hot market for non-fungible tokens has become so big, NFTs are even showing up in the headlines of mainstream publications like the New York Times and on cable news programs. But can the craze have much of an effect on bitcoin (BTC, -0.41%)? Probably not, at least for now. The oldest and largest cryptocurrency, which, at around $57,000, ended a weeklong winning streak Friday, sits at the center of digital-asset markets, accounting for some 62% of the overall industry’s $1.7 trillion market capitalization. So it would stand to reason there might be some spillover…
03/12/2021 -
Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
Bitcoin (BTC) trading around $52,184.38 as of 20:00 UTC (4 p.m. ET). Slipping 4.77% over the previous 24 hours. Bitcoin’s 24-hour range: $50,458.10-$54,762.75 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on CoinbaseSource: TradingView Bitcoin traders urged caution as prices for the cryptocurrency slid toward $50,000 for the first time in two weeks while the options market braced for volatility ahead of a record $6 billion contract expiration Friday. “This is a time to make sure that you…
03/25/2021 -
Dubbed the Next Unicorn, zkTube Launches its Mainnet
zkTube is the most advanced scaling solution on Ethereum Layer 2. It has adopted ZK-Rollups that run computations off-chain and submit the validity proof to chain to provide low gas fees, higher transaction throughput for Ethereum, mainnet security, and extra privacy. It has gathered a lot of attention from over 80 countries since its launch in 2020. And the mainnet will be launched on 10th, September, 2021. zkTube Mining Mechanism is Launched zkTube team is continuously working and achieving several milestones. The zkTube mining mechanism has launched. zkTube is the only…
09/08/2021 -
Panda Miner desenvolve ainda mais o Cloud Hashpower com a sua Maior Mina de Criptocracia no Cazaquistão Oficialmente Colocada em Operação
O mercado de touro de moeda criptográfica trazido pela Bitcoin é ainda forte, que está cheio de fundos, investidores, e vários projectos. No entanto, existe apenas uma escassez de pessoas que trabalham arduamente para o desenvolvimento. A Panda Miner é exactamente um dos poucos intervenientes pragmáticos no mercado de touros. Ao contrário dos impetuosos participantes no mercado secundário, a Panda Miner opta por se desenvolver mais no campo do “cloud hashpower” em que é melhor. Aproveitando a tendência mineira, aumenta continuamente o investimento para conquistar o mercado, expandir os negócios,…
04/05/2021 -
Galaxy’s Institutional Ethereum Funds Raise $32M at Launch – From a Select Few
Galaxy Digital’s institutional-grade ether (ETH) funds have raised over $32 million since their February launch, according to documents filed Friday with the U.S. Securities and Exchange Commission. Early returns – for an “onshore” $22 million fund and its Cayman-domiciled $10 million sibling – reveal a small but deep-pocketed clientele participated in the twin funds’ earliest days. Just five total investors have joined the funds since Galaxy unveiled them in late January. The funds debuted as ETH settled in the $1,500 range, well below highs set February when the native asset of the world computer…
03/07/2021 -
Former US Senator Joins Binance as Policy Adviser and Government Liaison
Cryptocurrency exchange Binance has hired former U.S. senator and ambassador to China Maxwell Baucus as a government relations adviser. The exchange announced Thursday in a press release it had hired the long-term government official to provide guidance and advice to the firm and work with U.S. regulators. The move could signal a shift in Binance’s approach to the U.S. market, which it currently doesn’t serve directly. Baucus was an ambassador to China under former President Barack Obama between 2014 and 2017. Prior to that, he served in the U.S. Senate and…
03/11/2021 -
Much Wow: Slim Jim Has a Dogecoin Strategy. News of It Sends DOGE to a New ATH
Smoked meat stick vendor Slim Jim has an actual official dogecoin (DOGE, +97.74%) strategy. And it appears to be working, big time. News of this tie-up, which CoinDesk broke earlier Thursday, sent the price of DOGE to a new record. The social media-savvy snack food saw its Twitter follower count increase 160% and tweet impressions soar to the moon (35 million impressions in 25 days) after it began engaging in Shiba Inu meme coin content last quarter, according to the CEO of parent company Conagra Brands. “We’ve seen a marked uptick in audience…
04/15/2021 -
SoftBank Financial Group — A Crypto Assets Manager
1. Cryptocurrency Fund CME Group’s Bitcoin futures and NYSE’s Bitcoin futures ETF are milestones in the crypto investing area. The SEC Chairman, Gary Gensler has also stated that he prefers to hold Bitcoin futures funds rather than the cryptocurrency itself, let alone many personal investors. Cryptocurrency investment has a high learning cost, because this is an asset with high volatility, and all participants need to be cautious. For those who are very interested in crypto assets but not interested in buying or holding them, there is still an indirect investment…
01/10/2022