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Public records indicate that lawmakers in Kentucky appear set to approve two proposed laws aimed at incentivizing cryptocurrency mining activity in the U.S. state.
There are two bills moving through the state's legislature, known as the General Assembly. One is centered around tax incentives and, as...
Bitcoin's price crossed the $60,000 mark for the first time on Saturday.
According to Coinbase data, the price hit $60,415.34, up roughly 7.7% percent in the past 24 hours. The cryptocurrency is currently trading hands at about $59,810 on the U.S.-based exchange.
Data from TradingView shows th...
Founder and financer of NFT fund Metapurse Metakovan bought popular digital artist Beeple's 5,000-day collection for nearly $70 million dollars, British auction house Christie's announced Friday.
The collection, which sold for a whopping $69.3 million, is one of the highest art auction sales ever an...
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12 Mar 2021
Lawmaker signs petition calling for legal changes that would allow France’s central bank to buy bitcoin
A lawmaker in France has signed on to a new petition calling for the French government to allow the country's central bank to bitcoin.
The president of a blockchain development firm introduced the petition, and if it meets certain conditions, it will be referred to the French Senate.
So far, the pet...
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Another day, another bitcoin buy for MicroStrategy.
The publicly traded firm's CEO, Michael Saylor, tweeted Friday morning that MicroStrategy had bought roughly 262 BTC, bringing its total treasury holdings to about 91,326 BTC. Saylor said that the latest buy was "at an average price of ~$57,146 per...
Quick Take
A recent wave of approvals for bitcoin exchange-traded funds (ETFs) in Canada have many in the U.S. asking: when bitcoin ETF?
Canada is historically a proving ground for novel financial products, and some think this means a U.S. approval could come soon.
Right now VanEck and...
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12 Mar 2021
Alameda Research buys $20 million in REEF tokens linked to Polkadot-based DeFi project
Polkadot-based DeFi project Reef Finance has raised $20 million in a token sale round.
The round was backed by a single investor — Alameda Research — a crypto market maker and sister company of crypto exchange FTX.
"Alameda is our first bigger investor," Reef Finance CEO Denko Mancheski told The Blo...
Crypto exchange Binance is reportedly being investigated by the U.S. Commodity Futures Trading Commission (CFTC) over concerns surrounding whether it allowed U.S. investors on the platform.
According to a Bloomberg report on Friday, which cited anonymous sources, the CFTC is seeking to determine whe...
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Today marks the launch of the biggest meme coin competitor - Froge Coin. The blockchain is an all-in-one cryptosystem that will include a crypto coin and an up-to-date crypto blockchain. Yes, you heard that right! Froge is a crypto coin that's sure to bring joy and happiness to all its users.
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11 Mar 2021
Russia’s central bank plans to reveal digital ruble prototype later this year: report
The Bank of Russia, the country's central bank, plans to debut a prototype version of a digital ruble platform before the end of 2021, a senior official has reportedly said.
Russian news outlet Prime, citing deputy chairman Alexey Zabotkin, reported that the prototype would precede additional tests ...
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