Cryptocurrencies

A sharp selloff of cryptocurrencies got underway this past weekend after a week of crackdowns by the US Securities and Exchange Commission on the sector triggered investor anxiety. Several smaller digital currencies were hit exceptionally hard by selloffs, with Cardano’s ADA plummeting by 25% on...

While most finance and payment services are taking cautions about crypto, Mastercard is looking to get involved further in the industry. The company announced earlier this week that it wants to establish partnerships with more crypto firms as a way to expand its crypto...

Bitcoin has seen quite a few ups and down over the past couple of years. But analysts at Standard Chartered believe the world’s largest cryptocurrency will only go up from here. According to Geoff Kendrick, head of digital assets research at Standard Chartered, Bitcoin will...

EU Parliament has backed the Markets in Crypto Act (MiCA), which aims to regulate crypto assets and the cryptocurrency market. MiCA represents the world’s first uniform legal framework focused on regulating the crypto industry. By placing rules in place, European Union intends to limit the...

Brian Armstrong, the CEO of crypto exchange Coinbase, urged the U.S. and UK to put clear regulations in place for the crypto market. According to Armstrong, without proper legislation “onshore,” crypto firms will be prompted to develop in “offshore havens.” Armstrong shared his opinion on...

Ethereum, the world’s second-largest cryptocurrency in terms of market value, is set to receive a major blockchain upgrade this week. Dubbed Shapella, the upgrade is expected to unlock around $31 billion in staked tokens. These tokens, known as “staked ether,” have been deposited by investors...