Market News Top Crypto News Tether Launches Peso-Backed Stablecoin – Top Crypto News Tether launches Mexican Peso-backed stablecoin Tether has announced the launch of MXNT, a new type of stablecoin backed by the Mexico Peso (national currency). Initially, MXNT will be available on the Ethereum, Polygon, and Tron blockchains. The launch of MXNT will provide a testing ground for onboarding new users in the Latin American market. It […] Written by marketfeed Team May 27, 2022May 27, 2022
Market News Top Crypto News Portugal’s Parliament Rejects Crypto Tax Proposals – Top Crypto News Portugal’s Parliament rejects crypto tax proposals The Portuguese Parliament voted against two separate proposals from minority political parties to tax crypto assets. The proposal had asked the government to consider taxing crypto profits over €5,000 ($5,340.45). Earlier this month, the country’s Minister of Finance declared his commitment to start taxing crypto. He said the government […] Written by marketfeed Team May 26, 2022May 26, 2022
Market News Top Crypto News Crypto Crash Devalues Ukraine Govt’s Crypto Fundraise – Top Crypto News Crypto crash devalues Ukraine govt’s crypto fundraise Ukraine plans to continue to tap crypto investors to help raise funds after a crash in token prices wiped out its fundraising efforts in May. On March 19, the Ukrainian government said it had raised more than $60 million worth of crypto. But two months later, the total […] Written by marketfeed Team May 25, 2022May 25, 2022
Market News Top Crypto News GameStop Launches Digital Wallet for Crypto, NFTs – Top Crypto News GameStop launches digital wallet for crypto, NFTs GameStop announced a digital wallet that allows gamers to send, receive, store and use virtual currencies and NFTs across decentralized apps. The wallet will also allow users to buy and sell NFTs on GameStop’s upcoming NFT marketplace, which is expected to launch by the end of July. Crypto prices […] Written by marketfeed Team May 24, 2022May 24, 2022
Market News Top Crypto News ECB President Renews Calls for Crypto Regulation – Top Crypto News ECB President renews calls for crypto regulation European Central Bank President Christine Lagarde reiterated her concerns over cryptocurrencies and her desire for regulation. “My very humble assessment is that it is worth nothing, it is based on nothing, there is no underlying asset to act as an anchor of safety,” she said. Crypto prices today: Bitcoin up […] Written by marketfeed Team May 23, 2022May 23, 2022
Market News Top Crypto News Panama President May Veto Crypto Law – Top Crypto News Panama President may veto crypto law Panama President Laurentino Cortizo said he may veto a recently approved bill that would allow citizens to use crypto as a form of payment in the country. “I have to be very careful if the law has clauses related to money laundering activities or anti-money laundering activities,” he said. The […] Written by marketfeed Team May 20, 2022May 20, 2022
Market News Top Crypto News Coinbase Launches Global ‘Think Tank’ for Crypto – Top Crypto News Coinbase launches global ‘think tank’ for crypto Coinbase is launching a global think tank to shape the policy debate around digital assets. The Coinbase Institute will accelerate research on cryptocurrency and Web3 (a decentralized version of the internet). It will also spearhead discussions with policymakers and academics on the intersection of technology and finance. Crypto […] Written by marketfeed Team May 19, 2022May 20, 2022
Market News Top Crypto News Robinhood Plans Ethereum Wallet With DeFi – Top Crypto News Robinhood plans Ethereum wallet with DeFi Robinhood is building a standalone, non-custodial wallet that will give customers full control over their crypto assets. The new product will be similar to Web3-focused products like MetaMask and Coinbase Wallet that give users full control but also require them to manage their own private keys. It will let users […] Written by marketfeed Team May 18, 2022May 18, 2022
Market News Top Crypto News Coinbase Allows Users to Access Ethereum-Based Dapps – Top Crypto News Coinbase allows users to access Ethereum-based dapps Coinbase Global will allow a small set of its users to access Ethereum-based decentralized apps (dapps) directly from the Coinbase app. This move will help users purchase NFTs on various marketplaces, including OpenSea. It will also allow users to trade on decentralized exchanges such as Uniswap and Sushiswap. […] Written by marketfeed Team May 17, 2022May 17, 2022
Market News Top Crypto News RBI Says Cryptos Could Lead to “Dollarization” of Economy – Top Crypto News RBI says cryptos could lead to “dollarization” of economy: Report Cryptocurrencies can lead to “dollarization” of a part of the economy and this could be against the country’s sovereign interest, said top officials of the Reserve Bank of India (RBI). Amid the crypto crash last week, RBI officials said cryptos have the potential to become […] Written by marketfeed Team May 16, 2022May 16, 2022
Market News Top Crypto News Terra Temporarily Halts Blockchain to Prevent Attacks – Top Crypto News Terra temporarily halts blockchain to prevent attacks After Terra’s UST stablecoin lost its US dollar peg earlier this week, the firm’s crypto token LUNA crashed. After losing nearly 100% of its value over the past week, Terra validators announced that they would halt the blockchain. Given how dramatically the price of the LUNA has fallen, […] Written by marketfeed Team May 13, 2022May 13, 2022
Market News Top Crypto News Bitcoin Falls to Lowest Level in 16 Months – Top Crypto News Bitcoin falls to lowest level in 16 months Bitcoin has fallen to its lowest level in 16 months on Thursday as a wider crypto selloff gathered steam. The cryptocurrency dropped to ~$26,350, to stand at its lowest since December 28, 2020. In the last eight sessions, it has lost a third of its value (or […] Written by marketfeed Team May 12, 2022May 12, 2022
Delhivery Limited IPO: All You Need to Know The IPO frenzy within the Indian startup ecosystem resumes! Logistics and supply chain startup Delhivery has launched its three-day initial public offering (IPO). In this article, learn all about the company and its IPO. Company Profile – Delhivery Limited Delhivery Ltd is the fastest-growing fully integrated player in the logistics services market in India in […] Written by Cherian Varghese May 12, 2022May 12, 2022
How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022May 6, 2022
Life Insurance Corporation of India (LIC) IPO: All You Need to Know The biggest initial public offering (IPO) in the history of the Indian stock market is here! Life Insurance Corporation of India has launched its IPO today— May 4. The Central Government aims to raise up to Rs 21,000 crore by divesting a 3.5% stake in the country’s largest life insurer. In this article, learn all about […] Written by Cherian Varghese May 4, 2022May 4, 2022
