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The Switzerland City of Lugano Recognizes Bitcoin and Tether as “de facto’ Legal Tender

The Switzerland City of Lugano has recognized Bitcoin and Tether as “de facto” legal tender. This week the city council voted to accept these cryptocurrencies

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EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote

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GBPUSD Price Tests $1.30 Support Level, Potential Bullish Reversal Level

Potential bullish reversal level. At the time of writing, GBPUSD is testing support at $1.2965 with a bullish divergence on the daily chart, suggesting that

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CMC Markets Rolls Out ÂŁ30 Million Buyback Program For Its Shares

CMC Markets, a cryptocurrency and blockchain company recently announced its plans to buy back ÂŁ30 million worth of shares with the money it has made

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Bored Apes Buy CryptoPunks in $5B Deal

Disney has sold CryptoPunks, the world’s first cryptocollectable digital asset, to BoredApes. The virtual currency is part of Disney’s new game that rewards players with

Analysis

Oil Recorded First Weekly Loss Since Russian Invasion

At the moment, there is little to no reason for oil prices to rebound. This week saw OPEC’s decision not to cut production and Saudi

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The Ukraine Way Might Intensify Regulatory Pressure On Crypto Companies

A new interpretation of a recent Ukrainian law aims to crack down on crypto companies, according to the deputy head of Ukraine’s Security Service. This

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Okcoin Introduces $165M Collective Investment To Enhance Bitcoin Adoption

An investment fund in China worth $165 million has been announced to help accelerate the adoption of bitcoin and blockchain technology. The company states that

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Call to Action: Solve.Care Calls Upon the Blockchain & Crypto Community to Provide Aid to Ukrainian Families Displaced by War

The humanitarian crisis in Ukraine has become one of the worst disasters to strike Europe since World War II, with over 10 million people displaced

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