Louisiana Governor Jeff Landry recently signed a bill, HB 488, that has far-reaching implications for the cryptocurrency industry. The bill prohibits the use of central bank digital currencies (CBDCs) and protects crypto mining within the state. This move ensures that individuals and businesses retain the ability to accept crypto for goods and services, as well
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Coinbase, one of the leading cryptocurrency exchanges, is facing potential regulatory challenges due to its compliance with new Financial Accounting Standards Board (FASB) rules. These rules, which shift the accounting and disclosure for crypto to a fair-value model from a cost-less-impairment model, have raised concerns among accounting experts. MarketWatch highlighted these concerns in a report
Marvel Entertainment’s recent partnership with VeVe has set a new standard in the world of digital collectibles by fusing NFT technology with traditional comic book collecting practices. The collaboration introduces a unique digital comics platform within VeVe, offering fans access to over 300 digital issues from Marvel comics’ iconic series like Spider-Man, X-Men, Captain Marvel,
MetalCore is a cutting-edge sci-fi mech shooter game that unfolds on the distant planet of Kerberos. It offers players thrilling PvPvE battles and a unique player-driven economy that shapes the gameplay experience. Immersing players in epic mech battles within the war-torn landscapes of Kerberos, MetalCore stands out for its focus on strategic combat and immersive
Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the industry with his unique perspective. With a specialization in NFTs, blockchain, DeFi, and blockchain news, combined with a background in mechanical engineering and over a decade of experience in journalism, Dalmas has crafted over 10,000 news and feature articles over the past
Bitcoin, the leading cryptocurrency, has been facing a significant decline recently, with its price edging closer to the crucial $60,000 mark. The market sentiment has turned bearish, influenced by a combination of macroeconomic factors and a surge in selling pressure. This shift has left many investors and traders anxious as Bitcoin struggles to maintain higher
Bitcoin’s price has experienced a rapid decline in the last few days, failing to sustain above the $70K level. The market is currently at a crucial juncture, approaching a fundamental level that could determine its mid-term fate. Analyzing the daily timeframe, it is evident that the BTC price has been on a downward trend since
Digital collectibles have surged in popularity in recent years, with non-fungible tokens (NFTs) leading the charge. NFTs are unique digital assets that represent ownership of various forms of digital content, such as art, music, and videos. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, NFTs cannot be exchanged on a 1:1 basis due to their uniqueness
The surge in monthly stablecoin transfer volume to over $1.68 trillion in April signifies a significant increase from the $100 billion recorded in October 2020. This 16-fold rise demonstrates the potential of stablecoins in revolutionizing financial processes and enabling seamless cross-border transfers. Token Terminal’s recent data analysis showcased the astounding growth in stablecoin transfer volumes,
A recent analysis by a crypto analyst has raised concerns regarding the price of Bitcoin potentially dropping to lows of $52,000. The analyst pointed out that Bitcoin has broken key support levels, leading to a possible transition from a bullish to a bearish stance. This prediction comes at a time when Bitcoin’s price has been
