What’s behind all the anticipation surrounding a Bitcoin ETF, and what would an approval mean for investors?
The next halving event for the EQO token is due to take place on September 24, and it's good news for EQO holders.
During the Weekend, the Bitcoin (BTC) network logged its 700,000th block, a major milestone. At the time of the last 100,000-block milestone (two years ago) the BTC price was worth less than $8,000. Today, one BTC is worth nearly $48,000. Even though almost 90% of BTC that can exist have already been mined, at the current pace of block production, the final BTC will be mined around the year 2140.
The U.S. tends to dominate the lion’s share of the headlines regarding blockchain and cryptocurrency regulation. However, while U.S. regulators continue to equivocate, many smaller nations embrace the opportunity to capture some of the value in the burgeoning digital asset space. Among them, Switzerland is leading the pack.
During the Weekend, Ripple filed a motion to compel the Securities and Exchange Commission to reveal the internal cryptocurrency trading regulations for its employees. This is the latest in a long legal battle between the two. In December 2020, the SEC took legal action against Ripple, claiming XRP was a $1.3-billion unregistered securities offering.
During the weekend, the Monero Project officially launched its Atomic Swap implementation program. The program was developed by the cross-blockchain protocol COMIT Network and provides a new trustless way to exchange between Monero (XMR) and Bitcoin (BTC). Following the launch, Monero, the largest privacy-focused cryptocurrency by market capitalization, surged 20%.
All eyes in the crypto space have been on American legislators recently, as a provision in the U.S. Senate’s infrastructure bill could have disastrous consequences for cryptocurrency tax rules—and the future development of crypto in the United States.