Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Asset
BlackRock Launches $100 Million Tokenized Asset Fund On Ethereum
BlackRock, the world’s largest asset manager, has launched a new tokenized fund on Ethereum, according to a March 19 filing with the Securities and Exchange Commission. The fund, resulting from a collaboration with Securitize, aims to boost market accessibility and real-world asset tokenization. BlackRock Announces New Fund The fund called the BlackRock USD Institutional Digital Liquidity Fund, is based in the British Virgin Islands and results from a partnership with Securitize. While details regarding the fund are under wraps, the…
1 year ago
A Guide to Legislation and Taxation on Cryptocurrencies
Cryptocurrency Legislation Over the past 4-5 years, the legislation of cryptocurrencies, blockchain, and similar instruments has become one of the most critical regulatory authorities' tasks. Even though regulation is of utmost importance, the sudden spark has its reasons. Scrupulous practices such as ICO scams, exchange hacks, unregulated creation of monetary schemes, etc., have made it necessary. As a result, governments worldwide acknowledge the importance of regulatory oversight for keeping a check on the space. This has received a lot of…
5 years ago