Twitter Secures Money Transmitter Licenses in Key States Amidst Meta’s Threads Launch Gathering 10 Million Users The good news is that Twitter has obtained three state money transmitter licenses, which allows them to operate as a payment provider in Michigan, New Hampshire, and…
How to Implement ESG Practices in Crypto Mining Companies in the crypto mining industry are increasingly recognizing the importance of implementing environmental, social, and governance (ESG) practices. Not only does this demonstrate a commitment to sustainability, but it also attracts investors who consider…
Bitcoin Reaches 13-Month High Before Sharp Rejection Bitcoin reached a new 13-month high at $31,500, but quickly faced a sharp rejection, dropping by $1,500. This has caused significant losses for over-leveraged long traders, with liquidations totaling over $140 million in a single day.…
Invest in these DeFi projects for July Investors looking to benefit from the potential of the decentralized finance (DeFi) space can consider three projects and tokens this month: Theta Network (THETA), Chainlink (LINK), and Tradecurve (TCRV). These cryptocurrencies have shown promising market trends…
The Success of Distributed Ledger Technology in Payments The New York Federal Reserve and several large U.S. banks, including Wells Fargo and Citi, have reported success with an experiment that utilized distributed ledger technology for domestic and international payments between financial institutions. Here…
DeSo Issues $1 Million Bounty for Decentralized Reddit Competitor DeSo, the leading layer-1 blockchain for decentralizing social media, is offering a $1 million reward to visionary founders who can build a decentralized competitor to Reddit using its infinite-state blockchain. This opportunity comes at…
Will traditional trading be killed by artificial intelligence? According to Jeff Wilser, the rise of AI in the crypto markets may leave traders without an edge. With studies suggesting that over 80% of day-traders lose money, the impact of AI on trading is…
Israeli Foreign Residents May Benefit from Tax Exemption on Digital Currency Sales The Israeli government is considering a new bill that would provide tax benefits to the country’s crypto sector. The bill, which has passed its preliminary reading in the Knesset, proposes exempting…
Traders anticipate Fed rate hike as Bitcoin falls Traders are now predicting a 94% chance of the Federal Reserve raising interest rates by 25 basis points later this month. Bitcoin (BTC) also experienced a drop, falling to $30,600 after reaching a 13-month high…