Due to a strong quarter, Barclays “remains on track to deliver its 2023 targets, with all performance metrics in line with or ahead of guidance.”
The UK banks increased the pressure on crypto companies following the collapse of Signature Bank and Silicon Valley Bank which affected the US.
Those violating the law could be sentenced to up to two years in jail as well as a fine of 30,000 euros, in addition to losing their social media accounts.
Back in January 2022, Elon Musk took to Twitter to offer the McDonald’s fast food chain to accept Dogecoin. The subject popped up again when a Twitter user Dogedesigner asked Elon Musk whether his offer is still open.
A few sources stated that the initiative would likely be about getting Amazon customers to play crypto games and claim free NFTs in the process. And the platform will probably be run out of Amazon rather than Amazon Web Services (AWS).
Gemini conducted the first round of layoffs back in June 2022. At that time, the exchange cut 10% of its workforce from around 1,100 employees. A few weeks later, Gemini reduced its staff by another 7%, citing “turbulent market conditions.”
For finalizing the bill, BAM collaborated with the International Monetary Fund and the World Bank.
The final decision on banning crypto payments for Russians has not been finalized yet as all the EU member states are still subject to the agreement.
Since Ripley became COO of Kraken, the company grew from 50 to over 3,000 workers. Besides, under his guidance, Kraken completed more than 16 acquisitions and secured a significant number of global regulatory licenses and partnerships.
This year, the authorities have significantly expanded the use of the CBDC, and its adoption has been growing despite concerns that China might use it to violate the privacy rights of its citizens.
Recently, a few other digital assets exchanges have announced their expansion to Italy. Among them are Binance, BitGo, Coinbase, and Crypto.com.
The discussion will continue till June 30. Then, the EU is expected to announce the final decisions at a meeting of representatives from the European Parliament, the European Commission, and the Council of the European Union.
Glassnode has analysed the 2022 bear market and has concluded that it is the worst bear market in crypto’s history.
There are many drivers which supported the recent bullish run of cryptocurrencies. Many indicators which we got used to indicated the bullish run mid April, however we owe today’s bullish continuation to none other than Mrs Yellen – the US Treasury Secretary.
Today will shake the cryptocurrency market a bit as Bitcoin futures contract expires. We already know how strongly such days affect the price of Bitcoin, which drags other cryptocurrencies along with it.