Bit4you

USDT has been caught up in the stablecoin market panic! The asset’s link to the dollar is eroding. On Thursday, May 12, USDT plummeted to $0.95 per coin in the morning! The rate leveled down only a half-hour later, although it never surpassed the $1 USD mark. Is this a…

The International Federation of Football Associations (FIFA) has announced cooperation with the blockchain network Algorand (ALGO). In addition, FIFA is starting to work on the basis of the ALGO blockchain and the network will become a regional sponsor of the 2022 FIFA World Cup. Algorand (ALGO) becomes a strategic partner of FIFA The governing body of the FIFA…

According to Music Ally, Spotify is investigating NFT prospects on their platform. According to a Spotify representative, the company is doing testing to assist some artists to advertise their existing third-party NFT offers through artist profiles. If the testing is successful, incorporating NFT will help artists and fans have a…

Terra Luna’s LUNA coin has created a lot of buzzes this year! It’s no wonder that it was a tough month. As you know, investors have suffered substantial losses. However, the cryptocurrency community stepped up to assist in resurrecting the LUNA. Major cryptocurrency exchanges stated that they are ready to…

Because of potential issues with conversion into fiat currency, stablecoins are one of the financial system’s risk areas. In this approach, the regulator classified stablecoins alongside certain forms of financial market products and bonds. US Treasury Secretary Janet Yellen has encouraged US lawmakers to create a coordinated government framework for…

The world’s largest asset manager has created a blockchain ETF, allowing customers to have greater exposure to cryptocurrencies and blockchain-related firms. BlackRock has developed a blockchain-focused exchange-traded fund (ETF) that allows investors to gain exposure to the cryptocurrency and blockchain industries without actually owning digital assets. The iShares Blockchain and…

Despite the fact the Ethereum blockchain network (ETH) was already known for its low transaction price, the company’s management wants to further reduce the cost of commissions. This was stated by Ethereum co-founder Vitalik Buterin, adding that the price of second-tier transactions should not exceed 5 cents. Buterin wants to reduce the cost of an Ethereum Layer 2 transaction The Ethereum blockchain…

Cryptocurrencies have been a popular discussion topic in recent years. A growing number of companies across the world now accept cryptocurrency as payment for goods and services. Coinmap, a specialized service for locating establishments that take cryptocurrency, is helpful. There aren’t many places to pay with BTC in Eastern Europe…

Following the increasing integration of digital assets into financial systems, governments are introducing regulatory tools. Belgium is no exception and has introduced mandatory registration with local authorities for crypto platforms. This innovation was adopted by the country’s authorities in February 2021, but the decision comes into force on May 1…