New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for...
Moody’s reportedly building a stablecoin scoring system
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention. The system will provide an rating system for...
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast
Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says.In a tweet on Jan. 27,...
60% of institutional investors bullish on Ethereum in 2023
60% of respondents are convinced Ethereum will a better investment in 2023. Bitcoin is also seen as one with huge potential, while other coins attracting...
Fed denies Custodia Bank application to join the Federal Reserve System
The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed...
Silvergate suspends payment of dividend on preferred stock
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the...
Leading digital wealth platform Yield App acquires Trofi Group
Yield App is a digital wealth platform that offers safe custody of digital assets. The platform allows customers to exchange and earn on their assets...
Litecoin ‘head fake’ rally? LTC price technicals hint at 65% crash
Litecoin (LTC) has rebounded by 130% to almost $100 after bottoming out near $40.50 in June 2022. The primary reasons include broadly improving risk-on sentiment...
Polygon’s Gains Network DEX volume crosses $1.5B as Polygon price reclaims $1
At press time, Polygon (MATIC) was trading at $1.09, up 8.93% in 24 hours. Gains Network DEX was initially released on Polygon before being deployed...
Can Metacade Lead a Bear Market Rally?
After the madness of the 2021 bull run, the crypto winter really hit hard in 2022, with difficulty saying how long it will continue. Experienced investors know...