Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation. The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group deputy chairmen Mahir Ünal and Mustafa Elitaş along with Ömer İleri, the vice president … [Read more...] about Turkish ruling party holds meeting in metaverse, talks crypto regulation
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Vitalik Buterin holds Twitter poll on which currency should succeed Ethereum
In an unexpected Twitter poll, Vitalik Buterin asked the ETH community which currency they want to dominate in 2035 if it isn’t Ethereum.“Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?“Surprisingly, at one point, Cardano’s ADA was in the lead with 42% of … [Read more...] about Vitalik Buterin holds Twitter poll on which currency should succeed Ethereum
Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K
As of press time bitcoin (BTC) was changing hands around $42,100, up 2% over the past 24 hours, based on CoinDesk pricing. The cryptocurrency had been on the verge of a seven-day losing streak that would have been its longest since 2018, but the price turned around on Saturday, eking out a small gain, and has stayed on an upward trajectory since. Source link … [Read more...] about Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K
Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises
“If the Fed goes to 4 hikes next year, that is a big statement. That means either two things. First, they are hiking in March, which would be no gap between the end of QE and the first hike. Not impossible, but that is a big statement about intent,” John Turek, the author of the Cheap Convexity blog, said in a blogpost published on Dec. 29. “If they don’t go in March and want … [Read more...] about Bitcoin Holds Support Ahead of Fed Minutes, March Rate Hike Probability Rises
Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second-biggest holding, the Grayscale Ethereum Trust, declined from almost $15 billion to $11.6 billion, a 22% drop. Source link … [Read more...] about Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November