Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.

Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is facing.

OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — especially.

Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October.

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely.

Paul highlighted that Bitcoin has “far better odds” than other cryptocurrencies because it doesn’t have a competitor as a product.

Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate.

The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO.

“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated.

The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial.