Challenges of data accessibility in the NFT market
    28 Feb 2023

    Lack of data accessibility is a key challenge for the NFT sector. Here is how a data analysis tool is bringing transparency and liquidity to the market. Nonfungible tokens (NFTs) have grown into a distinct sector within the blockchain industry, but they still have to address several challenges before aiming for mass adoption. One of the…

    Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
    28 Feb 2023

    BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic. Bitcoin price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain. At the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the…

    Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
    28 Feb 2023

    Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly “frustrated” by the one-sided global financial system. A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new survey has revealed. Commissioned by crypto exchange Coinbase, the…

    FSB, IMF and BIS papers to set global crypto framework, says G20
    27 Feb 2023

    A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September. The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, the…

    Bitcoin may only need 4 weeks to hit $30K as key monthly close looms
    27 Feb 2023

    Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance. Bitcoin sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance. BTC price bulls keep faith in $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up…

    IMF prefers to regulate crypto than banning it outright: Report
    27 Feb 2023

    On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban. The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain on the table for now….