The United Kingdom’s Economic and Finance Ministry has said it intends to amend its existing regulatory framework to incorporate stablecoins used as a means of payment. In a Monday announcement, HM Treasury said certain stablecoins could potentially become “a widespread means of payment” for retail customers in the United Kingdom following a consultation with various…
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Bitcoin (BTC) traded in uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader gives $43,000 BTC near-term dip target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping above and below the $46,000 mark Monday, continuing a low-volatility few days. The…
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Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower. The report compiled data from the Cambridge Bitcoin Electricity Consumption Index and data from Coinshares to…
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The cryptocurrency hardware wallet provider Ledger has partnered with The Sandbox blockchain game to promote crypto education in its virtual world. Ledger’s chief experience officer Ian Rogers announced the news at the Non-Fungible Conference (NFC) on Monday. He said that the new partnership aims to bring security into The Sandbox’s world and also provide Ledger…
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The Bitcoin (BTC) community is at it again, dismantling FUD and orange-pilling officials in far-flung destinations. At the foot of Lake Atitlán, a bucolic yet impoverished region of Guatemala, a Bitcoin project has managed to get a miner into the hands of the local mayor. The process has boosted local incomes while also improving the…
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Coinbase Ventures, an investment arm of American crypto exchange Coinbase, shared a plan to invest $1 million in various Indian cryptocurrency and Web3 initiatives via an in-person pitching event. In a blog post drafted while he was in India, Coinbase CEO Brian Armstrong revealed that the venture firm intends to tap into India’s software talent…
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The number of cryptocurrency owners has massively increased last year, with nearly half of all owners worldwide buying crypto for the first time in 2021, according to a new report. Gemini, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has polled about 30,000 respondents in 20 countries between November 2021 and February 2022 to…
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Nicholas Merten, also known as DataDash, found Bitcoin (BTC) when it was $3. But, like many people at the time, Merten was very skeptical about crypto and found it crazy for people to be buying what he thought was “fake internet money.” Merten’s story started with a hint of inspiration from a conversation with his…
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Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000. In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on Jan. 1, 2022. Price action has been quiet — too quiet, perhaps…
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New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic impact on the local crypto industry. ASIC’s recent Information Sheet outlines the traps influencers and the companies that hire them could fall into while wittingly or unwittingly promoting financial products. The penalties for failing to…
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