Cryptocurrency news
‘The metaverse will empower human beings’, declares Qatar Airways
Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA). According to the c...
Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives
Miami International Holdings (MIH), owner of the Miami International Securities Exchange, entered a pact with blockchain data firm Lukka to launch crypto derivatives. The deal gives MIH a multiyear license to use Lukka data for its crypto derivative products. The initial suite...
US Justice Department Urges More Coordination to Combat Crypto Crime
The U.S. should share more information about crimes tied to cryptocurrency and help build up its overseas partnerships to help combat them, the U.S. Department of Justice said in a report released Tuesday, one of the first responses to President Joe Biden’s executive order...
New Japanese law may allow seizure of stolen crypto
Japan’s Justice Ministry is reportedly considering a revision of an asset seizure law relating to organized crime to include a stipulation that crypto can be commandeered in such instances. If the reports are found to be true, a potential revision of the Act on Punishment o...
Australian Mayor downplays crypto volatility, recommends it for rates payments
Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future years, though critics have flagged volatility and the recent market crash as a cause for concern. "Why can't we pay rates on cryptocurr...
This classic Bitcoin metric is flashing buy for first time since March 2020
Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle. In a Twitter thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Tool metric hitting &ldq...
Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs
Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency. The Purpose Bitcoin ETF, launched in February 2021, has been seeing a consistent inflow over the last five t...
Crypto Banking Rules Now Due This Year From Basel Committee
Norms governing banks' exposure to crypto assets will be completed this year, the Basel Committee on Banking Supervision said, taking notice of recent market struggles as a reason to push ahead with the controversial plans. The global banking standard-setter last year proposed r...
India 'Fairly Ready' With Crypto Consultation Paper, Government Official Says
India is close to finalizing a consultation paper on crypto after consultations with organizations including the World Bank and International Monetary Fund (IMF), according to a government official. "Our consultation paper is fairly ready," said Ajay Seth, secretary of the Fin...
Tim Draper: Women will drive the next Bitcoin bull market
Renowned billionaire investor Tim Draper insists that a time will come when women begin driving up the price of Bitcoin as more retailers start offering it as a more cost-effective payment option at shops. Draper, a Bitcoin (BTC) investor himself, told host Scott Melker...