With the crypto market boom in the United States, not surprisingly, Colorado is prepared to accept cryptocurrencies for the sale of real estate. A real estate agency recently completed its first cryptocurrency sales. Although this is an advance for the state, it also leaves whether the citizens who live in it know the virtual market’s…
California widens its vision toward the cryptocurrency market after acknowledging its popularity. Regulators have decided to embrace cryptocurrencies along with the technological developments that follow. The United States has been friendly with cryptocurrencies ever since the People’s Republic of China decided to sever ties with the entire virtual market. Currently, the country competes among the…
TL;DR Breakdown New SEC Chairman seems to be staunchly anti-Bitcoin. New SEC Chariman Gary Gensler pushes the US Congress for more regulations. Genslers remakrs stirrs debate in the cryptocurrency sphere. Cryptocurrency sphere is expected a regulatory clamp down after the media interview. The latest buzz in the cryptocurrency sphere is the Security Exchange Commission’s (SEC)…
TL; DR Breakdown Senator wants to criminalize crypto frauds in New York Senator Thomas wants a clear and strict guideline The bill is undergoing review The prevalence rate of fraud in the crypto market is now at a scary pace, pushing all concerned individuals to seek solutions. Some weeks ago, the Ronin bridge was hit…
TL;DR Breakdown • Parliamentarians will meet on April 25 to discuss cryptocurrencies.• New York Mayor seemingly against the regulatory law directed towards cryptos. As the most populous state in the United States, New York continues to take assured steps to foray into the crypto market. According to reports, the state is pondering on potentially banning…
TL; DR Breakdown United States clinch first position in crypto gains for 2021 Chainalysis report compared gains across different countries Ethereum outperformed Bitcoin in gains Traders in the United States have recouped six times the gains that traders in the United States have recouped over the last year, according to a new Chainalysis report. In…
TL;DR Breakdown • American crypto platform expands its operations to Europe• Robinhood platform shares raise with their latest announcement Recently the Robinhood crypto wallet spoke about its future expansions where Ziglu, a financial institution in England, would be helping them to fulfill their mission. According to reports, the American crypto platform would be acquiring the…
TL;DR Breakdown The representative from Louisiana State and crypto fanatic Mark Wright has proposed a Bill called “No. 1010,” which may allow for the creation of deregulated industrial energy zones before his state’s House of Representatives. Such a law could attract crypto mining benefits to the Louisiana state government. Louisiana State Representative Mark Wright recently…
TL;DR Breakdown A few hours ago, Reddit said that it had finished applying for an IPO with the SEC. The company said that even though the filing is complete, its nature does not allow the public to view it. One of the most influential social media companies globally, Reddit, is planning to go public. The…
TL;DR Breakdown Nike, an international sports accessories manufacturer, has announced the acquisition of RTFKT studios. Nike says this studio will be core in its push to deliver cutting-edge NFTs that mix culture and gaming. On December 13, 2021, Nike said they now own an NFT startup named RTFKT studios. The company says they plan to…
TL;DR Breakdown Marathon Digital Holdings acquires Bitmain’s Antminer S19 XPs. Marathon has struck a deal with Bitmain for a fleet of BTC mining rigs. They hope to improve its hashrate to about 23.3 EH/S by 2023. Marathon Digital has acquired an astonishing number of Bitmain Antminer S19 XPs to ramp up their BTC mining hash…
TL;DR Breakdown The US Senator feels DeFi is the most dangerous part of the crypto world. Sen. Sherrod Brown warns capitalists on stablecoin The US lawmaker Elizabeth Warren censured decentralized finance ((DeFi). She expressed reservation on how a crash on stablecoin could impact a minor stockholder. During a panel session at the legislature, the legislator…
