Cryptocurrencies - /contrib/cryptocurrencies

The price of the popular dog-themed meme coin Shiba Inu had plummeted after it reached an all-time high of $0.00007957 last October. However, some investors and industry watchers remain optimistic that Shiba Inu's price will soon skyrocket as burning

The blockchain-tracking service Whale Alert tells its 2.1 million Twitter followers that one crypto whale sent 100 million tokens of XRP from the Crypto.com exchange to an unknown wallet. The full value at time of the transaction was a whopping $76,098,928.

Whale Alert reports that another

A provision that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms failed to get the votes required.

A provision looking to limit proof-of-work cryptocurrencies has made it back into a draft of MiCA up for a parliamentary vote on Monday after having been initially scrapped.

A proposed rule that could effectively amount to a ban on the leading cryptocurrency bitcoin will be voted on by European Union (EU) parliamentarians Monday with the outcome very much undecided. The parliament's economic and monetary affairs committee

The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions.

The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks

The Russian invasion of Ukraine has changed the White House calculus on a digital dollar. Launching an official cryptocurrency was not a priority of President Joe Biden's administration. Now his team is embracing an electronic greenback.

WASHINGTON (AP) — President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

The order is largely perceived as a step in the right direction that could offer the industry much-needed regulatory clarity.

President Joe Biden is finally ready to move forward with an executive order to coordinate cryptocurrency regulations, per a report.

Last year, institutions traded $1.14 trillion of cryptocurrencies on Coinbase, more than double retail investors' total.

Crypto exchange Binance is blocking the accounts of any Russian clients targeted by sanctions, it told Reuters on Monday, but will not freeze the accounts of others after Ukraine called for a block on Russian users at major digital currency platforms.

As world leaders roll out further sanctions on Russia after it's invasion of Ukraine, here's what you need to know about the SWIFT system and if it could form part of sanctions. Russia’s system is largely used within Russia itself, meaning it could turn to cryptocurrency or other alternatives

As the race against Chinas development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. digital dollar that in one of two tests, managed to handle 1.7 million transactions per second.

The Fed might not act as decisively in tightening monetary policy if financial stability concerns start to outweigh the risk of fast inflation.

MicroStrategy today announced it had purchased an additional 660 Bitcoin for an approximate $25m.

A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than "all credit card networks combined for the entire year" when including intra-network transactions.

U.S. Senator Cynthia Lummis says that the recently introduced "America Competes Act of 2022" is a direct attack on the crypto industry. "I will not stand by and let the heavy hand of the government pick winners and losers," she stressed. C

SAN SALVADOR, El Salvador (AP) — The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender in the Central American country...