Cryptonews

Cryptonews


Fidelity Pension Plan Will Allow Employees to Invest in Bitcoin

Posted: 26 Apr 2022 12:43 AM PDT

 
Fidelity Investments, the United States' biggest provider of 401(k) pension plans, will let participants choose to keep money in bitcoin (BTC), but only if their employers let them.
401(k) plans are employer-sponsored defined-contribution pension accounts, and Fidelity, per 2020 figures compiled by the researcher Cerulli Associates, has USD 2.4 trillion locked into 401(k) accounts. That figure, the New York Times pointed out, represents over a third of the domestic market....
Read More: Fidelity Pension Plan Will Allow Employees to Invest in Bitcoin

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Bitcoin and Ethereum Rise, DOGE Corrects Gains on Twitter & Musk Deal

Posted: 25 Apr 2022 09:07 PM PDT

 
Bitcoin price found a strong buying interest after Tesla's chief Elon Musk agreed to buy social media giant Twitter for USD 44bn. This deal is still subject to a shareholder vote, while some expect Musk will own the company in the coming days. In either case, BTC gained pace and was able to clear the USD 40,000 resistance. It is currently (04:54 UTC) inching higher above USD 40,500 and is up 3% in a day, and down less than 1% in a week....
Read More: Bitcoin and Ethereum Rise, DOGE Corrects Gains on Twitter & Musk Deal

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Japanese Automakers Toyota and Nissan Unveil Metaverse Plans

Posted: 25 Apr 2022 05:00 PM PDT

 
Nissan and Toyota, two of the biggest Japanese automakers, are among the latest major brands and companies to reveal their respective metaverse plans.
Nissan has created a digital version of its brand experience gallery, dubbed Nissan Crossing, where visitors can gain an understanding of the company's suite of advanced driving technologies, according to a Nikkei Asia report....
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More Crypto Regulation May Be on the Way in Mexico, Suggests Central Bank Chief

Posted: 25 Apr 2022 01:00 PM PDT

 
The Governor of the Bank of Mexico (Banxico) has spelled out its position on crypto – and has hinted that it may seek to expand the scope of its regulation of the sector.
In a report from Forbes Mexico, the Governor, Victoria Rodríguez Ceja, was quoted as telling the Senate that she and her team were "analyzing" the need to "regulate" the "use of cryptocurrencies" in order to "provide protection to people who use digital assets."
She stated:...
Read More: More Crypto Regulation May Be on the Way in Mexico, Suggests Central Bank Chief

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Crypto Listing and Delisting Announcements: Week 17

Posted: 25 Apr 2022 10:00 AM PDT

 
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here.
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AscendEXListings:MetaShooter (MHUNT)
 ...
Read More: Crypto Listing and Delisting Announcements: Week 17

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Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News

Posted: 25 Apr 2022 09:02 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.
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Read More: Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News

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Crypto Market Drops Alongside Stocks on Global Worries; Australian Spot Bitcoin ETFs Set for Debut

Posted: 25 Apr 2022 08:23 AM PDT

 
The crypto market initially traded lower on Monday, before trimming its losses later in the trading day as sentiment improved. The market action came after heavy selling before the weekend on comments from US Federal Reserve (Fed) Chairman Jerome Powell last week, hinting that a 50-basis point rate hike could come next....
Read More: Crypto Market Drops Alongside Stocks on Global Worries; Australian Spot Bitcoin ETFs Set for Debut

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Ukraine Doubles Down on Crypto-Friendly Regulation Efforts, Aims for Top Spot

Posted: 25 Apr 2022 07:22 AM PDT

 
Ukraine is aiming to become a top 5 country in the world in terms of crypto legislation, and the efforts have the "total support" of both President Volodymyr Zelenskyy and the government, according to a high-ranking Ukrainian government official.
"We are aiming for Ukraine to become one of the top 3-5 countries in the world with the best legislation for crypto," said Alexander Bornyakov, Ukraine's Deputy Minister of Digital Transformation....
Read More: Ukraine Doubles Down on Crypto-Friendly Regulation Efforts, Aims for Top Spot

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AkuDreams NFT Team Announces Rewritten Code After Flaw in First Code Locked USD 34M

Posted: 25 Apr 2022 05:52 AM PDT

 
The team behind AkuDreams, a much-anticipated non-fungible token (NFT) project that went live on Friday, has announced a rewritten mint code after flaws in the first smart contract code had resulted in a reported USD 34m locked "forever."
In an update on Sunday, the project said that Anonymice, the team behind several NFT projects, "has rewritten our minting contract and several developers have been reviewing and auditing."...
Read More: AkuDreams NFT Team Announces Rewritten Code After Flaw in First Code Locked USD 34M

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Bitcoin and Ethereum Test New Lows, DOGE Outperforms, APE in Rollercoaster Mode

Posted: 25 Apr 2022 05:10 AM PDT

 
Bitcoin price remained in a bearish zone below the USD 40,000 level and extended its decline below USD USD 38,800 and tested USD 38,400. It is currently (11:49 UTC) trading near USD 38,800 again and is down 2% in a day and 3% in a week....
Read More: Bitcoin and Ethereum Test New Lows, DOGE Outperforms, APE in Rollercoaster Mode

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Macron’s Re-election Could Boost Unified Euro Crypto Regulation, 'European Metaverse'

Posted: 25 Apr 2022 04:30 AM PDT

 
For France's crypto industry, Emmanuel Macron's re-election for another five-year term may mean that Paris will oppose measures to hamper crypto innovation at the European Union level, but also that France will push for the creation of a "European metaverse."
French President Macron has won the second round of the country's presidential election with a majority of more than 58.5% of the vote, defeating far-right candidate Marine Le Pen. ...
Read More: Macron's Re-election Could Boost Unified Euro Crypto Regulation, 'European Metaverse'

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Twitter Might Accept Musk’s Takeover Offer, DOGE Jumps

Posted: 25 Apr 2022 03:36 AM PDT

 
Twitter is set to accept Tesla chief and billionaire Elon Musk's offer to buy 100% of the shares in the company for USD 54.20 per share, multiple media outlets have reported on Monday. (Updated at 13:13 UTC: updates throughout the entire text.)...
Read More: Twitter Might Accept Musk's Takeover Offer, DOGE Jumps

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Unearthing the Truth About Central African Republic ‘Bitcoin Legal Tender’ Reports

Posted: 25 Apr 2022 02:56 AM PDT

 
Confusion reigns as reports in the international press have variously claimed that the Central African Republic (CAR) has "adopted bitcoin (BTC)" as "legal tender" – while other media outlets appear to suggest that the country has actually done nothing of the sort, and instead approved a legal framework that will legalize the use of crypto within the country.
In either case, there are no official confirmations yet. ...
Read More: Unearthing the Truth About Central African Republic 'Bitcoin Legal Tender' Reports

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American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions

Posted: 25 Apr 2022 01:09 AM PDT

 
US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.
Whit Gibbs, CEO of the Texas-based company, has told Bloomberg that the mining servers have a capacity of 12 megawatts and can't be moved out of the country, adding that the proceeds from the sale will be used to pay off roughly 2,000 customers who own the equipment....
Read More: American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions

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