A curated weekly summary of forward-focused crypto news that matters. This week, the US Treasury issues a response to President Biden's crypto executive order, Russia bans cryptocurrency payments and BTC rises despite bearish headwinds.
Despite a dip, Bitcoin (BTC) performance finished off the week with a ~1% recovery, currently sitting at ~US$21K. Ether (ETH) and Binance-coin (BNB), the second and third largest (non-stablecoin) assets by market cap, had strong recoveries at ~16% and ~8% for the week respectively.
Following Joe Biden’s March 2022 executive order directing US government agencies to study the “responsible development of digital assets”, the Treasury Department has issued a response entitled “Fact Sheet: Framework for International Engagement on Digital Assets”. The fact sheet highlights the usual points (consumer protections, money laundering, ransomware, etc.) but also emphasizes the need to reinforce America’s leadership in the global financial system. The overall...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...