Coinbase is considering UAE for its international hub
Coinbase is considering UAE for its international hubCoinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Happy Monday!The global crypto market cap is $1.15 trillion with a 24-hour volume of $40.21 billion. The price of Bitcoin is $27,907.44 and BTC market dominance is 46.9%. The price of Ethereum is $1,862.55 and ETH market dominance is 19.5%.
Latest NewsCoinbase is considering UAE for its international hub
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space. New law pushes around 400 crypto firms out of EstoniaEstonia faces a reputational risk due to money laundering scandals and crypto scams. Vortex doubles mining capacity to combat inflationVortex Mining aims to meet the Bitcoin demand which is growing due to global inflation. CryptoSlate wMarket Update: Bitcoin drops to $27k amid network congestion issuesThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Pepe’s market cap dive below $1B as investors take profitBlockchain analytical firm Santiment reported that PEPE traders were converting their profits into Ethereum. Binance says Bitcoin ‘outflows’ are internal wallet movementsBinance’s reported Bitcoin outflows caused concerns among crypto community members who were worried about its balance. Binance working to enable Bitcoin lightning networkBlockchain analytical firm Glassnode reported that Bitcoin was "experiencing extremely high demand for blockspace." Op-ed: Is blockchain quickly becoming the solution for ESG?Fly Air Inc CEO Stuart Bullard shares insights on how blockchain technology can revolutionize carbon offsets, ESG reporting, and capital allocation for a sustainable future. Growing Bitcoin transactions highlight Lightning Network’s importanceThe growing popularity of Inscriptions pushed Bitcoin transactions through the roof, revealing the need for a high-speed settlement layer like the Lightning Network. Op-ed: Consensus algorithms can be engineered to unlock blockchain for businessConnecting traditional businesses with blockchain technology requires merging the pBFT consensus algorithm and asynchronous model to ensure compliance, data privacy, and scalable enterprise solutions.
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Britain’s fourth largest newspaper offers free King Charles coronation NFTs
Saturday, May 6, 2023
The Evening Standard is allowing Nifty Gateway users to mint their own cryptocollectible featuring the famous St. Edwards Crown.
US presidential candidate supports Bitcoin, criticizes CBDCs
Friday, May 5, 2023
There is a growing list of US politicians taking a stand against CBDCs, with many citing risks of financial censorship.
President Bukele eliminates all taxes on tech innovations
Thursday, May 4, 2023
El Salvador's Innovation and Technology Manufacturing Incentives Act is another step towards achieving financial hub status.
Mashinsky argues Celsius Earn account are not securities
Wednesday, May 3, 2023
Under Chair Gary Gensler, the US SEC has filed charges against crypto firms with interest-bearing product similar to that of Celsius.
MicroStrategy says it could sell Bitcoin to pay long-term debt obligations
Tuesday, May 2, 2023
MicroStrategy said it does not expect its enterprise analytics software business to generate enough cash for its debt obligations.
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