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“# Crypto will generate more wealth than the internet, says Morgan Creek Capital CEO ” By laying the foundations of the internet of value, cryptocurrency and blockchain will generate more wealth than Web 1 and Web 2, said CEO of Morgan Creek Capital, Mark Yusko, in an exclusive interview with Cointelegraph. “We haven’t even gotten…
“# Estonian regulator wants to revoke all crypto exchange licenses ” Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew. Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to…
“# VC firm a16z pursuing crypto lobbying push in Washington ” Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant who will engage with lawmakers and administration officials in the United States on crypto regulations….
“# Binance to suspend Chinese yuan from P2P platform in December ” Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31. Alongside terminating yuan trading pairs, Binance will continue further restricting access to its platform for users from mainland China,…
“# SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues ” The founder of Vault Equity believes that United States regulators have a fair reason to be slow in approving a pure Bitcoin (BTC)-related exchange-traded fund (ETF). Vault Equity CEO and founder Tad Park voiced support for the U.S. Securities Exchange Commission (SEC) regarding…
“# SEBA Bank launches problems for users to earn yield on crypto ” Customers of Swiss-based financial institution SEBA Bank will soon be able to earn yield on their crypto holdings. In an Oct. 13 announcement, SEBA Bank said investors could use its Bitcoin (BTC) and Ether (ETH) lending services to generate yields as part…
“# Airdrops, DAOs, token issuance and public domains are the next frontier for NFTs ” Volatility continues to be the name of the game for nonfungible tokens (NFTs) amid the rollercoaster valuations and volume surges, but a new trend appears to be emerging in the sector. Aesthetic appeal aside, for many investors, buying an NFT…
“# Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister ” While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens. According to…
“# Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval ” Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the…
“# Bitcoin price is correcting, but what does futures data show? ” Bitcoin had been underperforming most altcoins for the past two months, but that trend reversed this week when (BTC’s) 20% rally pushed its market capitalization to break the $1 trillion mark on Oct. 6. That shifted investors’ attention back to the leading cryptocurrency,…