Biden announced plans among the US, European Union and G7 nations to remove Russia's trade status, deepening the economic burden on the country

The post Market Wrap: Stocks, Cryptos Fall as US Looks For New Ways to Punish Putin appeared first on Blockworks.

Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]

Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The...

The post Biden Slated to Implement New Crypto Regulation appeared first on Live Bitcoin News.

Trading fees have historically make up the bulk of Coinbase’s revenue, but the exchange is trying to diversity its business lines

The post Coinbase Rolls Out Test of Fee-free Trading appeared first on Blockworks.

March 11, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The US Department of Labor urged “extreme care” for fiduciaries considering[...]

The post Stripe 🤝 Crypto appeared first on Unchained Podcast.

The index-tracking ETF would invest in companies within NFT industries, such as gaming, arts and entertainment

The post New Planned ETF Targets NFT-related Stocks appeared first on Blockworks.

The line between banks and crypto is becoming a lot thinner thanks to republican politicians in Virginia. A new amendment will be signed into law by the state’s conservative governor Glenn Youngkin that will allow banks in Old Dominion to offer crypto assets and services to their customers. Virginia Is Plowing Headfirst Into Crypto Last...

The post Virginia Banks Are All Set to Provide Crypto Services appeared first on Live Bitcoin News.

Global crypto exchange Binance has a plan to become even more global, according to CEO Changpeng Zhao, aka CZ. In the face of increasing regulatory scrutiny, CZ says the company has plans for a spree of new acquisitions to expand its grip on various global markets. Speaking with the Financial Times, CZ says Binance wants […]

The post Binance Plans to Pull ‘Every Economic Sector’ Into Crypto: Report appeared first on Coin Bureau.

Ethereum scaling project Polygon's blockchain network was down for roughly eight hours last night due to a technical upgrade that went wrong.

The post Polygon network back up with a ‘temporary fix’ after eight-hour stoppage appeared first on The Block.

"We've got to remember that today we're getting more new players into VR than we are getting former players." Owlchemy Labs talks designing its most complex world yet in Cosmonious High.

Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet.

The post Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars appeared first on CryptoSlate.

On Thursday, the cryptocurrency market experienced another roller-coaster day, with some coins declining. One such example is Bitcoin which fell 5.9% to $39,432 when writing these words. The bitcoin market is still bearish, with prices dipping below $40,000 today. This comes after a slew of positive news about US President Joe Biden’s executive order that will likely focus more on the crypto sector. The crypto markets were not looking very promising today, with Bitcoin declining heavily and many other coins dropping as well. For example, Ether, the second-largest cryptocurrency, fell as much as 4.4% to $2,589.  Related Reading | TA: Ethereum Trims Gains, What Could Spark A Fresh Increase It’s still too early to tell if this will have any long-term effects on the industry, but the market has seen enough sell-offs already where people might want investments in other cryptocurrencies or even just gold until things calm down again. Bitcoin rose as much as 11% on Wednesday following an executive order from Biden that appears to frame digital assets in a positive light. However, those gains proved fleeting, and traders soon realized the news didn’t live up to their expectations. As a result, Bitcoin is once again trading near its average price over the recent two months ($39,000). The cryptocurrency markets were not immune to the bearish trend that has plagued US stocks over recent weeks. As a result, Bitcoin’s price took another leg lower, mirroring developments in traditional financial markets just as futures on both S&P 500 and Nasdaq 100 indexes turned negative sound the same time. This is not surprising, considering how closely correlated cryptocurrencies are with major indices like SP500 or NDX100. Related Reading | TA: Bitcoin Corrects Gains, Why Dips Could be Attractive In Short-term Bitcoin Performance Against Others It’s been a rough year for cryptocurrencies thus far, with Bitcoin outperforming Ethereum and falling 17.6% while NASDAQ has dropped 17.1%. However, in 5 days, BTC has continued its strong performance against Ethereum but underperformed against NASDAQ. On March 9th, Google searches for “Bitcoin” shot up dramatically, but in the last 24 hours, they’ve steadied and declined slightly. The trade volume, too, went down, resulting in a crash of BTC below $40,000 per coin. According to a recent survey, most people think that Bitcoin will be worth more than $60,000 by the end of 2022. However, there is a lot of fear right now surrounding Bitcoin crashes and the possibility of regulations. Only 5% of people surveyed by JPMorgan believe that BTC will be worth more than $100,000 by the end of 2022. Featured image from Pixabay, chart from Tradingview.com