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US Treasury official beckons new stablecoin regulations

The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary of the Treasury for Domestic Finance, fueled more stablecoin regulation speculation with comments on investors ‘potentially big risk’ when using stablecoins.  Following on from the Financial Stability Oversight Council November 2021 report on stablecoins, the

Bitwise Adds Blue-Chip NFT Index Funds to its Big Bag

San Francisco-based digital asset management firm, Bitwise has announced the launch of its Blue-Chip NFT Index Fund, a product it said will be available to accredited investors in the United States. According to Bitwise, investors can gain access to the Blue-Chip NFT Index fund with a $25,000 minimum investment, and the fund gives investors access

Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says

Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported. According to figures released by Singaporean regulators, more than 100 of around 170 cryptocurrency businesses that applied for licensing have been turned down or withdrawn their applications. While many

Is the Narrative about Bitcoin’s 4-Year Halving Cycle Diminishing?

With Bitcoin’s current return of approximately 456% since the third halving event in May 2020, this is a significant underachievement compared to the two previous cycles of 2012 and 2016, which had recorded 1,355% and 4,974% respectively at this point in time.  Market insight provider CryptoCompare confirmed: “BTC returns from this cycle underperform the two

Avalanche (AVAX) and Three Additional Altcoins Gearing Up for Rallies, According to Top Crypto Analyst

A closely followed crypto strategist and trader is predicting that smart contract platform Avalanche and three other altcoins will catch fire and rally. Pseudonymous trader Altcoin Sherpa tells his 157,900 Twitter followers that he’s looking for Avalanche (AVAX) to continue surging en route to his target at $130. “Decent volume coming in overall. The 4-hour