Crypto News Today
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Britain announces plans to mint its own NFT as it looks to 'lead the way' in crypto
U.K. Finance Minister Rishi Sunak has asked the Royal Mint to create and issue the NFT "by the summer," a government minister said Monday.
Galaxy Digital CEO Forecasts Bitcoin Will Outperform His Previous 2022 Price Predictions
Considering the increased interest from the general investing public and constant industry innovation in the Q4 earnings call of Galaxy Digital, Novogratz expects Bitcoin to surpass his previous 2022 price predictions.
OpenSea falls victim to an NFT phishing attack, over $1 million in digital assets stolen
NFT phishing attacks are becoming increasingly common as the popularity of non-fungible tokens (NFTs) grows. In this type of attack, a hacker will create a fake login page that looks identical to the real login page for a particular site or service. They will then use this page to gather login information for many users. Once they have collected this information, they will transfer the NFTs to their account.
Ethereum Price Prediction: Merge to Drive up ETH Price, Staking Yield
The ethereum merge could make the network more environmentally friendly, secure, and sustainable, but also send ETH's price and staking yields higher.
19 Million Bitcoin Have Been Mined
With less than two million bitcoin left to be mined, Bitcoin’s limited supply has just gotten even more limited.
Hackers Steal About $600 Million in One of the Biggest Crypto Heists
Ronin Network says thieves took Ether, USDC tokens on March 23. Bridge hacks can threaten the ecosystem of decentralized apps.
Terra Buys $135M in Bitcoin for UST Stablecoin Reserve
Do Kwon, co-founder and CEO of the company behind the Terra blockchain, confirmed it had bought over $1 billion in bitcoin since the end of January, Bloomberg wrote. That includes $135 million in four purchases Monday (March 28).
Bitcoin Tops $44K Amid Rumors of Terra's Foundation Accumulating BTC
Terra is becoming a persistent buyer of bitcoin, one observer said.
Russia is considering selling its oil and gas for Bitcoin
In a videotaped news conference on Thursday, the chair of Russia's Duma committee on energy said that the national fiat currency of the buyer - as well as Bitcoin - were being considered as alternative ways to pay for Russia's energy exports.
UK, US Regulators Call for 'High Levels' of Global Collaboration in Overseeing DeFi
The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.
In a financial market meltdown that will boost cryptos, Galaxy CEO says the dollar is no longer relevant
Mike Novogratz, a crypto investor, has predicted a bear market for equities, with cryptos profiting from a lack of trust in global financial networks.
Bitcoin's Short-Term Resistance Discovered at $45K
Fairlead Strategies' Katie Stockton shares a bitcoin weekly chart, suggesting that bitcoin's short-term momentum is positive and intermediate-term momentum has neutralized. Stockton points out bitcoin's resistance has been discovered near $45,000 with a minor breakout targeted around $51,000. Plus, a conversation about crypto trading volumes and ETH’s future value.
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade
Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.
NFTs will be on Instagram soon, according to Mark Zuckerberg
Meta is planning on adding NFT integration to Instagram, according to CEO Mark Zuckerberg. While he was light on details, the company plans on letting users mint NFTs on the social network.
Novogratz on Bitcoin Adoption, CBDCs and Blockchain Tech
Galaxy Digital founder and CEO Michael Novogratz sees growing demand for cryptocurrencies and says there is "zero chance" Russia can use crypto to circumvent sanctions. Novogratz also maintains his $500,000 forecast for Bitcoin five years out.
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote
The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.
Bitcoin Price Surges on Biden’s Crypto Executive Order
President Biden signed an executive order instructing federal agencies to study the possible risks presented by cryptocurrencies and consider the creation of a U.S. digital currency.
Government to sell NFTs to fund war against Russia
Ukraine's government has said it will issue non-fungible tokens (NFTs) to fund its military as they defend the country against the Russian invasion.
Why Stablecoin Interest Rates Are So Damn High
Or, why Jeremy Allaire can't stop printing.
Bitcoin can provide great alternative for investors to store money, says Galaxy Digital CEO
Galaxy Digital CEO Mike Novogratz joins CNBC’s ‘Squawk Box’ to discuss cryptocurrencies, interest rates and more.
Crypto, Bitcoin Land Unexpected Support in Washington
Even as losses for crypto investors mount, the industry has found a surprising defender for these volatile digital assets in Congress.
Bitcoin loses to gold amid Ukraine crisis. What's next for the cryptocurrency?
Bitcoin dipped below $40,000 level over the weekend and kept weakening as the Ukraine crisis deepened, undermining the argument that cryptocurrencies are a haven in times of geopolitical turmoil
Novogratz's Galaxy Accelerates Hiring as Bankers Turn to Crypto
Galaxy Digital Holdings Ltd., the crypto platform run by billionaire Mike Novogratz, is accelerating its pace of hiring to capitalize on a boom of talent moving into digital assets.
Will Circle And Tether Reign Supreme?
Federal Reserve predicts stablecoin issuer duopoly.
Ethereum Founder Buterin Says Crypto 'Welcomes' Another Winter
Cooling prices seen helping more sustainable projects. Buterin has shifted his focus to scaling Ethereum network.