On Friday (June 11), Perianne Boring, the founder and president of the Chamber of Digital Commerce, talked about the importance of Bitcoin for tax-deferred and tax-exempt retirement accounts. 401(k) and Roth 401(k) plans are popular examples of these two types of retirements accounts in the U.S. The Chamber of Digital Commerce is “the world’s leading trade association representing […]
The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent since last month when the crypto market experienced its largest correction this year. Analysts suggest the market is slowing down and in a cool-off phase
According to the BNN Bloomberg report, Thailand’s Securities and Exchange Commission has banned cryptocurrency exchanges from trading meme- or fan-based tokens, non-fungible tokens, and exchange-issued tokens. According to a statement from the regulator, the regulation affecting tokens like Dogecoin and tokenized arts and collectibles was enacted Friday with immediate effect, although it’s not retroactive. Ruenvadee […]
Why LUNA? Major advantages/features Terra – LUNA is a project by Terraform Labs, founded by Daniel Shin and Do Kwon. The duo had an ambition for rapid blockchain and cryptocurrency adoption by focusing on ease of use and price stability. Terra makes it possible to create stablecoins pegged to a broad range of fiat currencies
Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut ties with Binance. Earlier this Wednesday, Binance sent an email to its users stating that the platform would no longer support deposits and withdrawals via Silvergate Bank over SWIFT starting this Friday. As of now, Binance’s USD bank wire […]
Most of us have heard the recent news that El Salvador is to become the first country to use Bitcoin as legal tender. What will that mean for the rest of the world? Honestly, I am not surprised that the first country to do so comes from Latin America. Countries in this region have been […]
Victory Capital, an investment management firm with over $157 billion in assets under management, has announced its plans to enter the cryptocurrency market with the launch of a private fund. According to an announcement the firm published, the private fund comes after it signed an exclusive agreement with Nasdaq and crypto-focused asset manager Hashdex and […]
LOS ANGELES–(BUSINESS WIRE)–$RLX #CLASSACTION—Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an...