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Category: crypto

March 22, 2023

***** Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’

On Monday, U.S. president Joe ***** published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of…

March 21, 2023

‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney

While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side…

March 21, 2023

Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis….

March 21, 2023

Magic Eden launches marketplace for Bitcoin Ordinals

It’s one of the first major NFT marketplaces to join the Bitcoin Ordinals fray. Nonfungible token (NFT) marketplace Magic Eden has launched its own…

March 21, 2023

Will Djed make the most of stablecoin turmoil? Here’s what the metrics say

Djed didn’t lose its USD peg during the recent turmoil in the stablecoin market, Djed’s TVL saw gains of 17% since the USDC depegging…

March 21, 2023

Japan’s Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services

Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically…

March 21, 2023

What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…

Ethereum’s gas fees reached a one-month low, inspiring renewed interest. NFT activity and validator numbers surge, but whales’ ETH concentration remained a concern. The…

March 21, 2023

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the…

March 21, 2023

SC justices hear Coinbase’s first arguments in favor of class action arbitration

Coinbase was met with some resistance on March 21 as it attempted to persuade Supreme Court justices that certain class action suits should go…

March 21, 2023

Litecoin: On LTC’s underperformance, upcoming halving, and block readiness

A large percentage of blocks are ready for the Litecoin halving LTC declined following the broader market rise, but its value could increase in…

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