Bitcoin price made an attempt to gain strength above the $17,000 resistance zone. However, BTC struggled to remain stable above the $17,000 level. The price traded as high as $17,098 and recently started a slow decline. There was a move below the $16,800 and $16,650 levels. The price declined below the 23.6% Fib retracement level of…
South Korea plans to offer a digital identity secured by blockchain to citizens with a smartphone as it taps into the world’s most tech-savvy population to boost economic growth. Smartphone-implanted IDs are among the latest emerging technology underpinning a digital economy that has expanded as more people work from home, make cashless payments and explore…
The EU’s financial services chief has urged US politicians to draw up sweeping new rules to govern the crypto industry, warning that digital assets could pose a threat to financial stability if left to grow unchecked. “We do need to see other players also legislating,” McGuinness said, referring to countries that are beginning to follow…
Walmart made headlines late last year, when the company sought several new trademarks that signaled its intent to make and sell virtual goods in the metaverse. Now, the retail giant’s Global Chief Technology Officer says crypto transactions will be right “in the middle” of its digital strategy moving forward. Speaking at the Yahoo Finance All Markets…
Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients. The payments giant will act as a “bridge” between Paxos, a crypto trading platform already used by PayPal, and banks. Mastercard’s program will handle regulatory compliance and security — two core reasons banks cite for avoiding the asset class. “There’s…
