SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–24

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

#ethgate Overshadows Big News But Helps Ethereum With Memes Amid Ethiopia Crisis

Today, the Cryptoverse found itself in a strange situation, as an alleged attempt by a major Bitcoin (BTC) bull to troll the Ethereum (ETH) community overshadowed more important news and eventually helped ETH to get more publicity at the expense of a struggling country.

Shanghai Man: US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government.

Many JPMorgan clients see Bitcoin as asset class, says senior exec

“The volatility you see in it today just has to play itself out,” JPMorgan's director of asset and wealth management said. Despite Bitcoin (BTC) not yet emerging as an “asset class per se,” JPMorgan considers it important to meet the demand for cryptocurrency investment, according to a senior wealth management executive.A large number of JPMorgan clients see digital currencies like Bitcoin as an asset class, the company’s director of asset and wealth management Mary Callahan Erdoes said.In a Bloomberg interview released Tuesday, Erdoes stressed that the bank will continue providing crypto services to meet the growing demand, stating:“A lot of our clients say that’s an asset class, and I want to invest, and our job is to help them put their money where they want to invest.”Erdoes said that the debate about whether cryptocurrencies constitute an asset class is still ongoing as many experts are concerned about the market’s extreme volatility.“It’s a very personal thing.

EU Cracks Down on Anonymous Crypto Wallets

The EU Commission has proposed regulations that would require companies to report important details about the sender and the recipient of cryptocurrency transactions.

No hard fork love for Ethereum as ETH price falls to a three-week low

Ether continues to trade lower under the shadow of Bitcoin in days leading up to its supply-crunching hard fork event. Ether (ETH) prices slid in tandem on July 20, in tandem with Bitcoin's (BTC) drop below $30,000.The ETH/USD exchange rate dropped 5.41% to an intraday low of $1,720 — or roughly $400 above its 2018 all-time high price, which should serve as an important psychological support level. The pair's bid had climbed to as high as $1,994 on the Coinbase exchange on Sunday.

DeFi Coin (DEFC): Live Trading on BitMart is coming on July 19th!

Decentralized finance is playing an increasingly important role in the crypto world.

SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming

While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols.

China's central bank says crypto gave impetus to the creation of its CBDC

A working paper released in English by the People's Bank of China cites cryptocurrencies as an important context for the digital yuan's development and reveals that the digital currency will use smart contracts to allow for programmability. Much attention has been paid to the global, geopolitical implications of China’s rapid and pioneering development of its digital yuan, also provisionally known as e-CNY.Yet in a new white paper published by the Working Group on E-CNY Research and Development of the People’s Bank of China (PBoC), the institution gave a more domestic-focused and technologically-driven vision of the new currency’s background and key objectives.Recapping the currency’s research and development timeline, the paper notes that the PBoC first set up a task force to study digital fiat currency back in 2014.

Ripple to Grill Ex-SEC Official Who Said Bitcoin, ETH Weren’t Securities

Ripple may have won an important battle in its protracted legal struggle with the American regulatory Securities and Exchange Commission (SEC) – after it was granted permission to question a former agency official about its crypto policy deliberations. Per Bloomberg, the SEC had attempted to block Ripple from deposing the former head of the agency’s Division of

Shanghai Man: Crypto media closes, bad news just repeats, mining laws are beneficial?

With government officials trying to clean up the image of China prior to the start of the Winter Games, miners are leaving in droves and media group Bishijie has been forced to close down This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Cardano Successfully Completes Alonzo Testnet Hard Fork, What’s Next?

Cardano closes in on one of its most important milestones since its inception, the implementation of its smart contract platform, Plutus.

New data hints why Bitcoin price action has spent two months at $30K

Multiple factors demonstrate why $30K is so important for for BTC/USD within an ongoing price "supercycle." Bitcoin (BTC) has seen almost two months of rangebound price moves after hitting $30,000 — and new data hints why.In a series of tweets on July 15, popular Twitter commentator Nunya Bizniz presented multiple arguments supporting the significance of $30,000 for BTC/USD.All roads lead to $30,000?Despite rising fundamentals and ongoing adoption narratives, BTC price action has failed to reestablish a bullish trend.Still 50% below recent all-time highs, Bitcoin is without direction, something which leads opinions to favor a bearish outcome of what has been eight weeks of sideways movement.For Nunyaz Bizniz, there are a number of technical factors which are converging to support $30,000 as a focal level.These include $30,000 being “approximately” the 1.618 Fibonacci extension level on the monthly chart versus the $3,100 lows in late 2018, as well as the 2021 yearly opening price.Its psychological significance is compounded by it being a round number, and as others have noted, it fits into a longer-term trendline which places $64,500 as something of a mini-run to a blow-off top.“Its approximately the 1.618 Fib Ext.

First look: Spike Lee's TV ad for crypto touts it as new money for a diverse world

Coin Cloud chose Spike Lee to direct the crypto commercial specifically for his experience in exploring social issues, and the firm noted they wanted to “spark important dialogue” with the ad campaign.

The Fibonacci Sequence And Why $30K Bitcoin Is So Important

Bitcoin price action is still stuck at support, but unable to break it after repeated attempts.

Binance reportedly halts pounds sterling withdrawal for UK customers again

Binance has reportedly been forced to suspend fiat currency withdrawals for customers in the United Kingdom once again. Binance customers in the United Kingdom are once again left without a fiat currency withdrawal option on Binance.According to Financial News on Tuesday, the crypto exchange giant sent emails to affected customers informing them of the problem.However, the exchange reportedly has not given any details as to the reason for the latest suspension of pounds sterling withdrawal but assured customers that it was working to resolve the situation.Back in June, Binance had temporarily suspended cash payouts via Faster Payouts amid warnings from the UK Financial Conduct Authority about the exchange operating in the country without a license.As previously reported by Cointelegraph, Binance reinstated the service at the start of July but Tuesday's notice once again puts the exchange's UK customers in limbo.Binance did not immediately respond to Cointelegraph's request for comment.Binance has lost important partnerships with payment technology firms in the UK like Clear Junction.

How This IOTA DEX Seeks to Offer a “Unique” DeFi Experience

IOTA has undergone one of its most important milestones since its inception, on April 29th the Chrysalis Network went live.

Cardano's Hoskinson joins Ethereum Classic Cooperative's Board of Directors

Ahead of Ethereum Classic’s Magneto hard fork mainnet launch, the co-operative behind the network’s development has made some important changes.

Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Protect your data and crypto transactions with NordVPN

Privacy and security have been two of the most important factors that drove the crypto movement all over the world, and while the crypto ecosystem and blockchain networks are secure, the same cannot bThe post Protect your data and crypto transactions with NordVPN appeared first on AMBCrypto.

Shanghai Man: Central bank speaks out, BTC searches down and HK fund backs Animoca

PBoC says no to virtual currencies, Jack Ma's fund invests $50m into NFT game maker, searches for BTC in China at 90 day low This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Here's what Ethereum's price will look like after 'The Merge'

A major Ethereum upgrade doesn't seem important enough unless it has been met with a delay.

Here's how important these levels are for Dogecoin

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Dogecoin's market has kept its investors hooked, despite high volThe post Here's how important these levels are for Dogecoin appeared first on AMBCrypto.

How DeFi Protocol Insurance Boosts Confidence Among Investors?

The role of DeFi protocol insurance has become more important that DeFi users cannot overlook.

Bitcoin and Ethereum Hold Important Support, KCS and SNX Rally

Bitcoin price started a downside correction below the USD 35,000 level.

Bitcoin's Golden Cross update you need to know

If Bitcoin were to be heading in a downward direction, how soon could that be? The Death Cross of June 19 has been an important event in Bitcoin’s history.

RSA Conference Takes Heat For Suggesting That Blockchain Replace the Internet's Most Important Protocol

Computer security experts were baffled by the suggestion promoted by a major industry conference.

‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

It's important for this section to understand that Bitcoin and other cryptos are 'here to stay'

We have the eyes of the regulators on the crypto sector but their perception of cryptocurrencies has not been friendly.

The Rise of Crypto Poses Important Questions for Central Banks: NY Fed President

John Williams, the head of the New York Federal Reserve, urged central banks to keep in mind the emergence of cryptocurrencies before issuing their own CBDCs.

Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’

The Puell Multiple just flashed a buy signal for the fifth time in BTC’s history, but its creator cautions that a plunging hashrate and China’s miner purge are important factors to consider.

Dogecoin Fee Structure Proposal Released, Marked 'Important' by Elon Musk

Source: Twitter, @haydentiff A proposal regarding a new fee structure and policy for Dogecoin (DOGE) Core has been released on GitHub, receiving the support of Elon Musk, who celebrates his 50th birthday on June 28, too.

Why the 'spring effect' applies to Bitcoin's price movements

Over the past week, multiple industry analysts and Bitcoin supporters discussed why they believe that amidst a bearish market, it was important to focus on Bitcoin’s long-term price movements.

3 reasons why Quant (QNT) price rallied 125% this week

QNT price defied the bearish market trend by rallying 125% after a successful listing on Coinbase and endorsements from well-established tech companies. Real-world use cases and delivered value are important when evaluating the long-term prospects of a cryptocurrency project, and this is especially true in down markets when sentiment is low and the possibility of an extended bear market is a reality. One project that has been gaining momentum over the past month despite the market-wide downturn is Quant (QNT), an interoperability-focused project designed to help enterprises integrate and operate distributed ledger technology (DLT).

John McAfee tributes, El Salvador’s bold plans, altcoin fears: Hodler’s Digest, June 20–26

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Investing beyond Bitcoin: Which alts are 'very important' for high returns?

Ever since altcoins started gaining traction, they've been compared to the market's leader - Bitcoin.

Shanghai Man: China retains mining control? Alipay's ancient NFTs and Amber’s big raise

A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales. This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Wanchain Integrates Litecoin Into Powerful Cross-Chain Solution

The text below is an advertorial article that was not written by Cryptonews.com journalists. Wanchain has integrated top cryptocurrency Litecoin into its cross-chain infrastructure, enabling the asset to be traded across networks and used with EVM-compatible smart contracts. “Litecoin is one of the world’s most important cryptocurrencies, but it’s also amongst the largest without smart

UN sees blockchain technology as tool to fight climate crisis

The UN will keep exploring the uses of blockchain to improve the reliability of data on harmful greenhouse gas emissions. Amid ongoing concerns over Bitcoin’s (BTC) carbon footprint, the United Nations has said out that cryptocurrency’s underlying technology has massive potential for fixing global issues like climate change.The UN will keep exploring the uses of blockchain technology as a way to fight the climate crisis and help reach a more sustainable global economy, according to an article published on the official UN website on Sunday.UN experts are confident that “cryptocurrencies and the technology that powers them can play an important role in sustainable development, and actually improving our stewardship of the environment.” Specifically, the article points out a number of environmental and sustainability benefits associated with blockchain, including its power to enable transparency and resistance to fraud, climate finance and clean energy markets.Citing the UN Environment Programme’s partnership with the Technical University of Denmark, the article states that data on harmful greenhouse gas emissions is unreliable and incomplete in many countries.

Solving These 7 Challenges Would Accelerate Bitcoin Adoption

There are seven important challenges that are currently standing in the way of bitcoin (BTC) adoption, according to the Miami BTC conference participants speaking to Cryptonews.com – and yet, BTC is likely to see greater consumer and business adoption, which would also help its price.

Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Smart contracts and the law: Tech developments challenge legal community

Regulators will be challenged to respond to and address smart contracts, as they represent a cross section of law and technology. Smart contracts are an important element of the blockchain revolution, although they predate blockchain.

Traditional Investors Sending an ESG Sign Important to Bitcoin Miners Too

As debt investors seem to be looking into how much an energy company is polluting, the bond market may be seeing higher funding costs for those companies polluting more - showing the rising importance of Environmental, Social, and Corporate Governance (ESG)-compliant investments at the time when regulators, skeptics, and Bitcoin (BTC) competitors are targeting

Not sure if the bulls are back? Here’s how the golden cross spots trend reversals

This key moving average convergence is a strong signal that the market is shifting from bearish to bullish. The most important aspect in trading is to correctly identify the long-term trend.

Iron Finance's Algorithmic Stablecoins Warning Hits Mark Cuban Too

Mark Cuban. Source: A video screenshot, Youtube/Vanity Fair DeFi protocol Iron Finance suffered a massive impact to their TITAN token in what they described as a "bank run," and what many in the Cryptoverse called a rug pull - but inadvertently providing an important warning for algorithmic stablecoins, with Dallas Mavericks owner Mark Cuban finding himself among the victims too.

Cardano Successfully Releases Crucial Update To Begin Smart Contract Era

Input Output Hong Kong (IOHK) is unveiling that the fifth-largest cryptocurrency has reached an important milestone that signals the beginning of Cardano’s smart contract era.

Democratic lawmakers have formed group to address regulatory concerns around crypto

US President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday. Maxine Waters, who represents California's 43rd congressional district in the US Congress, said she had organized a group of Democratic lawmakers for a deep dive on cryptocurrencies and central bank digital currencies. In a Tuesday virtual hearing of the US House of Representatives’ Task Force on Financial Technology, Waters said “cryptocurrencies and other digital assets” were an important issue for the House Financial Services Committee, for which she is the chairperson.

Binance Coin, Matic, Theta Price Analysis: 15 June

Cryptocurrency prices were in the green on June 15, as the king coin touched a two-week high, and hovered around the important $40,000 mark over the past two days.

Bitcoin Eyes USD 40K Amid Musk Statement, Taproot Confirmation

The most popular cryptocurrency, bitcoin (BTC), almost touched USD 40,000 today as Tesla's Elon Musk send a positive message, while activation of an important Bitcoin upgrade was confirmed.

A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday: Hodler’s Digest, June 6–12

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Why you should look closely at Bitcoin, Ethereum, other alts' trading volumes

Trading volume has been an important metric to gauge the amount of market activity in 2021.

Ethereum Price Analysis: ETH Bulls Defending an Important Level, Will $2,500 Hold?

Ethereum's price is down more than 6% over the past week and bulls find themselves in a position to defend the important $2,500 level, but will it hold?

TA: Ethereum Recovery Hits Roadblock, Why Close Above 100 SMA Is Important

Ethereum started a steady increase and cleared the $2,550 resistance against the US Dollar.

Bitcoin Flat, Ethereum, Altcoins Struggle to Hold Important Support

Bitcoin price extended its decline below the USD 33,500 and USD 32,000 support levels.

Paraguay Politician Promises Big Bitcoin Announcement

A member of Paraguay’s lower house is revealing that the South American country will launch an important project involving Bitcoin.

Chinese government agency issues blockchain development roadmap

China’s “blockchain not crypto” stance continues as one government agency publishes guidelines to accelerate the adoption of tokenless blockchain solutions. China’s Office of the Central Cyber Security and Information Committee of the country’s Ministry of Industry and Information Technology (MIIT) has identified four essential application areas for blockchain adoption.The MIIT’s five-point agenda for blockchain adoption was part of a document issued on Monday detailing guiding opinions to accelerate the promotion of the emerging technology for industrial development.As previously reported by Cointelegraph, China’s President Xi Jinping previously called for rapid blockchain adoption back in October 2019.Presenting its argument for blockchain adoption, the MIIT document described the novel tech as “an important part of the new generation of information technology.” According to the IT ministry, blockchain is among a raft of new innovations like big data and artificial intelligence that are critical to China’s continued progress.The MIIT document listed the economy, finance, industrialization and public services as the main focus for blockchain development in the country.According to the MIIT publication, traceability, data sharing and supply chain management are some of the use cases for blockchain that could have a significantly positive impact on the real economy.In the area of finance, the MIIT publication called for the promotion of a greater intersection between blockchain and other emerging technologies like cloud computing, AI and the internet.The MIIT’s proposal for blockchain adoption for public utilities also included concepts like smart cities and the utilization of the novel tech in government services.

Bitcoin Miami mania, Dogecoin bounces back, Eth2 woes: Hodler’s Digest, May 30–June 5

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

Yearn.Finance in Miami: Developer talks new vaults, products, and verticals

Layer-2, DEX liquidity pool position vaults, and insurance is on the horizon for the rapidly-expanding team. Two sweltering blocks from the gated entrance of Bitcoin Miami I managed to track down a core contributor for one of the most important projects in decentralized finance (DeFi).

Hive Aims to Disrupt Technocracy With Decentralization

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Challenging the power of Big Tech to ban or demonetize users on mainstream social media platforms such as Facebook, Twitter, and YouTube is one of the more important concerns of today’s internet users.

Jack Dorsey: I Would Leave Square and Twitter for Bitcoin if it Needed Me More

Bitcoin is the most important thing for Jack Dorsey to work on in his lifetime, said the CEO of Square and Twitter.

Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet

“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said.

Shanghai Man: 'Green-light' for miners? CZ not responsible for BSC, Uniswap frauds on TV

CZ claims Binance didn’t really make Binance Smart Chain, Beijing to distribute $6.2 million in free digital yuan, and miners speak out about clean energy mining This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Important takeaways about Ethereum and Litecoin's odd pairing

The digital asset market has collectively recovered over the past 72 hours.

All Roads Lead to Crypto and the AMC Meme Stock One May Too

After a short break, meme stocks are on the move again, making headlines and (only) some people rich, with two important messages for the Cryptoverse coming out of it: that the Robinhood-type traders could be turning to the new meme stock instead of crypto for now, but also that, ironically, the issues they face there may redirect them right back to crypto.

CRYPTOTAG: Titanium-Grade Security for Your Bitcoin Private Keys

[Featured content] Storing your very own seed phrase is likely one of the most important things you can do to protect your bitcoin holdings.

VeChain And DNV Launch First Blockchain-based IVF Service App

VeChain has taken blockchain’s technology potential to a new sector in association with DNV and one of China’s most important Healthcare facilities, the Renji Hospital.

Binance Coin Analysis: BNB Testing Important Short-Term Resistance, is $400 in Sight?

BNB is up by a small 2% today as it battles to break the upper angle of a triangle at $360.

Reserve Bank of India With Important Clarifications on Crypto Regulations

India's Reserve Bank made important clarifications on the current regulations on Bitcoin and other cryptocurrencies.

Why The VeChain Foundation Met With China’s Government Officials

Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts.

Cardano Developer Unveils Smart Contracts Platform Rollout Plan

Cardano’s developer Input Output Global (IOG) has made several important announcements on the platform’s next update.

Sell gift cards for cryptocurrency with no commission on Buysellvouchers

If you want to make some good money, then it’s important to try and sell gift cards for cryptocurrency.

DeFi Spectacular Returns Unsustainable In Long-Term - Research

Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper. "[DeFi] remains immature, with a variety of unresolved economic, technical, operational, and public policy issues that will be important to

Saylor: North American Bitcoin Miners To Form Coalition After Meeting With Elon Musk

Once again, Elon Musk has tweeted and pushed Bitcoin’s price beyond an important resistance area, for now.

Cardano Price Analysis: ADA Bulls Rely on Important Support but Will The Recovery Continue?

ADA is down by 12.3% over the past week, meaning it is the top-10 ranked asset that has seen the least decline over the period.

Ripple Price Analysis: XRP Bulls Try to Stay Above an Important Level Following 11% Weekly Increase

XRP is up by a strong 11% over the past week as it pushed past $1.50 again.

Cardano ERC-20 converter nears testnet phase

Cardano’s ERC-20 converter tool with built-in two-way convertibility will soon be open for beta testing. Decentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase.According to Francisco Landino, project manager at Input Output Hong Kong, or IOHK — the research and development arm responsible for Cardano — the platform’s ERC-20 migration tool is nearing testnet deployment.In a blog post published on Monday, Landino said that the ERC-20 converter tool will allow the migration of Ethereum-based tokens to the Cardano chain.The planned ERC-20 converter bridge will follow Cardano’s highly anticipated Alonzo hard fork, which is touted to bring smart contract functionality to the network.Arguing for the necessity of the ERC-20 conversion tool, Landino wrote:“Once deployed, users of supported Ethereum tokens will be able to bring them over from Ethereum’s congested network and take advantage of Cardano’s transaction capacity and lower fees, while enjoying enhanced security, reduced cost, and interoperability.”As part of the announcement, the IOHK executive also stated that the ERC-20 conversion tool was an important part of efforts to leverage Cardano’s value proposition over Ethereum in terms of parameters, such as scalability and transaction costs.With only a few clicks, crypto projects will be able to migrate their native tokens to the Cardano chain via the converter tool.

The Best Place to Buy Cryptocurrency with SEPA – XMLGold Experience

The text below is an advertorial article that was not written by Cryptonews.com journalists. Learning how to buy cryptocurrency with SEPA is very important if you want to invest in crypto today.

Bitcoin crisis, Elon Musk criticized, Ether thrives, Dogecoin survives: Hodler’s Digest, May 9–15

Bitcoin crashes after Tesla abandons the cryptocurrency as a payment method, the crypto world criticizes Elon Musk and DOGE staves off competition from a furry rival. Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week.

Spanish stock exchange ready to test blockchain-based SME financing system

The Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-scale enterprises. Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back in 2020.According to Finextra on Friday, this next set of trials by the BME will involve businesses that are part of the country’s SME financing ecosystem under the aegis of a regulatory sandbox created by Spain’s Ministry of Economic Affairs and Digital Transformation.As previously reported by Cointelegraph, this sandbox is seen as an important step in promoting greater fintech development in Spain with a focus on improving greater competition while reducing entry barriers for participants.The aforementioned pilot phase that occurred back in 2020 drew participation from investment servicing companies and business credit providers.As part of the second round of tests, the BME will likely be looking to examine the suitability of the Ethereum-based system in raising capital for limited liability companies outside the usual traditional bank financing route.Indeed, the BME’s blockchain platform aims to facilitate SME financing digital assets that represent funding avenues like convertible notes and participatory loans.The project marks a further extension of the BME’s digitization policy in recent times.

China’s Blockchain Investment Growth Is Slowing Down

Beijing. The growth of China’s blockchain business expansion appears to be slowing, per a new report – a sign that the blockchain explosion of the past two years appears to be quelling. In October 2019, Chinese President Xi Jinping gave a speech where he called blockchain technology “an important breakthrough,” vowing that China would “seize the

Indonesia considers capital gains tax on cryptocurrency trades

A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official. Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reports Tuesday. “It is important to know that if there is a profit or capital gain generated from a transaction, the profit is an object of income tax,” the official stated.

Shiba Inu Gets Listed in Binance and FTX After Price Skyrockets

Shiba Inu, an Ethereum based Dogecoin ripoff, has been listed in two important cryptocurrency exchanges today, Binance and FTX, after the price skyrocketed more than 1500% during last week.

The rise of DEX robots: AMMs push for an industrial revolution in trading

AMM-based decentralized exchanges are seeing unprecedented adoption, but are they the future of trading? Centralized exchanges play an important role in the cryptocurrency industry.

Why Ethereum is Far From ‘Ultrasound Money’

Memes are extremely important in the crypto market.

Polkadot, Uniswap, VeChain Price Analysis: 08 May

Polkadot's up-channel closed in on an important resistance area at $46-49.

Ether dazzles, Dogecoin fears, Elon Musk’s big night, Bitcoin boosts Square: Hodler’s Digest, May 2–8

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

BSCTrades Introduces Limit Order Tool and Token Launch Snipper

[PRESS RELEASE – Please Read Disclaimer / Patna, India / 7 May 2021] All-in-one trading platform BSCTrades launches two very important tools in the form of the limit order tool and token launch snipper.

The ‘YOLO Economy’ Kicks off as Generation Lockdown Turns to Crypto for Financial Freedom

Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them.

Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more ...

DOGE leading in volume and search hits, VeChain’s blockchain solution on state run CGTN, and HOO launches a smart chain of its own This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Coinbase crypto exchange to close San Francisco headquarters in 2022

Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing is its head offices in San Francisco. Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote first.” “We’ve committed to having no HQ, and it’s important to show our decentralized workforce that no one location is [more] important than the another,” Coinbase noted.

'What happens if Bitcoin blows past $300,000, do you think anyone’s going to sell?'

Growth lead at Kraken, Dan Held, addresses important hypotheticals related to the 'supercycle' bitcoin is currently witnessing.

Ethereum Came Inches Away From $3000: Bitcoin Price At Important Support (Weekend Watch)

Bitcoin and most alternative coins have registered minor losses in a day.

Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

How important is 30th April for Bitcoin and Ethereum?

The weekly performance of Bitcoin before its Options expiry on the 30th of April has been significant.

Fed Chairman on CBDCs: 'More Important to Do It Right Than to Do it Fast'

US Federal Reserve Chairman Jerome Powell insists he’s not concerned with China piloting a CBDC ahead of the US.

Breaking away from previous trends, Ethereum is showing this important change in its rally

In the past few days, Ethereum has seen its price rise by over 15 percent after having endured a substantial price correction.

Miners Remind the Community: Scaling the Bitcoin Block is Important

The text below is an advertorial article that was not written by Cryptonews.com journalists. How was your recent Bitcoin transaction? Too expensive or too slow? That's why you should care! Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling.

US State of Louisiana Releases Bill Commending Bitcoin and Satoshi Nakamoto

The state of Louisana has praised Bitcoin for its success through the years, outlining how BTC has become an important tool for citizens and businesses.

Signs of price maturation? Why this factor is important for Ethereum this year

Ethereum [ETH] has been maintaining its position as the second-largest cryptocurrency and has been showing signs of decoupling from the largest crypto asset, Bitcoin [BTC] over the past few weeks. The post Signs of price maturation? Why this factor is important for Ethereum this year appeared first on AMBCrypto.