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SEC has postponed its announcement until today. The SEC has only authorized Bitcoin exchange-traded fund (ETF) applications. In order to have its Bitcoin ETF proposal approved, Grayscale is prepared to sue the SEC. According to Michael Sonnenshein, CEO of Grayscale, in an interview with Bloomberg, he was open to any
The Ministry of Finance formed a crypto asset research group. Approximately 5.9 million Vietnamese citizens possess cryptocurrencies. At the request of the country’s deputy prime minister, Le Minh Khai, many government agencies have been tasked with establishing a legal framework for cryptocurrencies. Finance, Justice, along with Information and Communications, are
DeFi’s 24-hour trading volume presently stands at $16.89 billion. Currently, bitcoin is trading at $47,557 with a market dominance of 42.19%. Early in the day, on March 29, cryptocurrency prices were up. The worldwide cryptocurrency market capitalization has risen 1.78 percent in the previous 24 hours to $2.14 trillion. More
VTHO is employed to pay for GAS charges when writing data. VeChain was founded with the goal of upending established business paradigms. A private consortium chain, VeChain, was formed in 2015 to investigate the potential uses of blockchain technology. VeChain wants to develop an ecosystem that addresses significant data challenges
Around 61,000 Bitcoin was withdrawn from exchanges in just 15 days. The last time BTC had a substantial outflow, the price rose significantly. The price of Bitcoin rose over $43k for the first time in a long time. After a 24-hour retracement, BTC regained $44,000 and went on the offensive.
This improvement may lower energy usage by at least 99.95 percent. Ethereum has outperformed Bitcoin in the crypto market in recent weeks. One of Ethereum blockchain’s main issues is the high cost of gas. There was a time when the Ethereum gas charge was $50 per transaction, which sparked a
Terra’s creator opted to use bitcoin (BTC) as a reserve asset for the enterprise. Almost all of the BTC at the LFG bitcoin address came from the hot wallet on Binance. The Luna Foundation Guard’s bitcoin wallet was valued at $1.1 billion on March 26, 2022. After Terra’s inventor Do
The bulls smashed through $0.198 and $0.24 of major resistance in the run. After the January sell-off, the Chiliz (CHZ) price fell to $0.16 annual support. The Malta-based Fintech service Chiliz claims to be the most popular digital money for sports and entertainment. In addition, sports fans may now take
Smart contract adoption has increased by 4,200 percent since February 2021. The Fantom Foundation and Poloniex have announced a partnership. According to a press release from the company, Prof. Bernhard Scholz will join Fantom on May 1, 2022, as the company’s chief research officer. SUN Microsystems Labs in Brisbane, where
Terra’s LUNA has been the best performing altcoin for the past few years while the activities of its network have been effective. The co-founder of Terra has actively been posting a couple of updates earlier this month regarding BTC reserves. Following this, Terra purchased about $125 million worth of Bitcoins
