Author: Digicoinvision
The long-awaited White House report on cryptocurrency policy recommendations may bring an end to years of regulatory uncertainty for digital asset companies, many of which have struggled with unclear guidance regarding securities laws.US President Donald Trump’s Working Group on Digital Assets released its crypto policy report on Wednesday, outlining recommendations on market structure, banking regulations and methods to bolster the US dollar’s dominance through stablecoins and crypto tax laws.One of the report’s key proposals is a division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The CFTC will gain authority over…
Key takeaways Cardano community approves $70 million grant to IOE for upgrades. With ADA holding key technical support levels, a breakout above $0.74 could set the stage for further upside. Cardano [ADA] is gearing up for a major leap forward. The community has approved a $70 million grant for Input Output Engineering (IOE) to lead key upgrades across the network. With funds released based on milestones and built-in transparency checks, the move would strengthen trust and potentially bring fresh momentum for ADA’s price. Cardano community approves $70 mln grant The Cardano community has approved over 96 million ADA (worth roughly…
Bitcoin (BTC) starts the first full week of August at a crossroads as market nerves combine with a BTC price bounce.After bouncing from three-week lows, BTC price action is fielding mixed targets with bigger August volatility expected.The market environment is now fundamentally different from Bitcoin’s old all-time highs from January, analysis says.Macro conditions keep the focus on the Federal Reserve as September interest-rate cut bets return.Bitcoin hodlers staged a mass sell-off at the start of the month, with even whales reducing exposure.Demand for Bitcoin, however, remains firmly in place, helping add context to short-term market nerves.$116,500 becomes new BTC price…
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF) has announced the acquisition of an additional 463 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of about $116,695 (17,268,320 yen) per bitcoin, totaling approximately $54 million (about 7.995 billion yen). This latest purchase brings the company’s total BTC holdings […]
The long-anticipated London upgrade is now ready for deployement on the Ethereum testnets! The upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021. This upgrade follows Berlin, which was activated only a few months ago on the Ethereum mainnet. By starting the work on London while Berlin was being rolled out, client teams were able to release this network upgrade at record speed! The upgrade includes the following EIPs: The Ethereum Cat Herders have put out a blog post going over the details of these EIPs. It is worth noting…
Aptos Labs, a popular blockchain infrastructure platform, has launched a new language extension for developers. This upgrade has been named ‘Move on Aptos’. With the launch of ‘Move on Aptos,’ Aptos Labs intends to advance developer experience on its blockchain ecosystem. As Aptos Labs has asserted in its announcement, Move on Aptos delivers a feature-rich, modern, and rapid IDE experience. With this, the builders using VS Code can leverage significant flexibility and ergonomics without any licensing constraints. Aptos Labs’ ‘Move to Aptos,’ endeavor works as a language extension designed for VS Code. It marks a notable upgrade to offer substantial benefits…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Dogecoin weekly chart is back at a cluster of technical levels that one market watcher says offers a favorable entry. The pseudonymous trader Cantonese Cat (@cantonmeow) posted a TradingView snapshot and wrote, “I bought a little bit more DOGE and Fartcoin last night, but you…
Ether whales continued to buy the cryptocurrency in droves, according to onchain analysts, as ETH recovers from a weekend dip. “Somebody is buying a ton of ETH,” blockchain analytics firm Arkham Intelligence said on Sunday, with one address accumulating $300 million worth of Ether (ETH) from over-the-counter (OTC) trading at Galaxy Digital.The whale address currently holds 79,461 ETH, worth around $282.5 million. BlackRock has also been loading up on ETH, with the firm’s iShares Ethereum Trust ETF seeing $1.7 billion in inflows over the past 10 consecutive trading days.Onchain holdings of Ether in exchange-traded funds have gone vertical over the past month,…
Cardano’s core development team received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano (ADA), which passed with 74% in favor, representing 200 votes, with six against and seven abstaining, according to the governance action.The 12-month development plan focuses on improving scalability, the developer experience and interoperability.Still, it drew some concern from the community over costs, overall accountability and transparency.Source: Input OutputUpgrade includes faster transactions, better onboardingFunding will be milestone-based,…
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […]