Custodia Bank Gains Regulatory Nod for Official Bitcoin Custody Service || Curated CoinCodeCap #8 November 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Custodia Bank Launches Bitcoin Custody Service After Regulatory Approval
Custodia Bank persisted and ultimately received approval from the Wyoming Division of Banking Keep Reading »
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Kazakhstan Blocks Coinbase Over Violation of New Digital Assets Law
Kazakhstan’s authorities have officially blocked access to the cryptocurrency exchange Coinbase.
Kazakh authorities are pointing to Coinbase’s non-compliance with the newly enacted Law on Digital Assets. Keep Reading »
Kenyan Lawmakers Seek Blockchain Association’s Expertise in Crafting Crypto Legislation
Kenya may be the first nation in the world where industry members create the crypto regulatory framework.
This is the first time a parliamentary committee has ordered a stakeholder organization or association to design a bill and present it to the legislature for approval. Keep Reading »
Conflux Multichain Protocol ShuttleFlow Closes Down After 2 Years of Operation
The Shanghai Tree-Graph Blockchain Research Institute maintains the ecosystem multichain protocol ShuttleFlow, which will shut down after two years.
Towards better integrating its ecosystem users into decentralized finance, Conflux introduced the Shuttleflow asset bridge in 2021. Keep Reading »
Hong Kong Regulator Responds to Soaring Demand with New Tokenized Investment Guidelines
In a circular, the SFC of Hong Kong established the business prerequisites for providing tokenized securities and other investment products.
The circular outlines twelve points in general, with a focus on four areas: staff competency, intermediaries, disclosure, and tokenization arrangement. Keep Reading »
Bank of England Unveils Regulatory Blueprint for Stablecoins in the UK
The Bank of England, the central bank of the UK, has unveiled a strategy to regulate the stablecoin cryptocurrency market.
The UK government has proposed laws starting in early 2024 for fiat-backed stablecoins. Keep Reading »
Germany’s DZ Bank Set to Launch Crypto Custody for Institutional Investors
Launching its blockchain-based digital asset custody platform, DZ Bank is the third-biggest bank in Germany based on asset size.
The bank also intends to provide institutional and individual clients with the ability to purchase cryptocurrencies in the future, “like Bitcoin.” Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
OP Crypto: Going Long!
Optimism (OP) is a layer-two scaling solution for Ethereum that uses optimistic rollups to improve speed, scalability and cost-efficiency. OP is the governance token of the Optimism network and is used to pay for transaction fees and participate in decision-making processes.Keep Reading »
Shiba Inu: Start of Rally !
Shiba Inu (SHIB) is a meme-based cryptocurrency that was launched in 2020 as a rival to Dogecoin (DOGE). The token features the image of a Shiba Inu dog as its logo and has a total supply of one quadrillion. Keep Reading »
SAND Crypto Price Analysis
The Sandbox (SAND) is a blockchain-based gaming platform that allows users to create, own, and monetize their own virtual worlds and experiences. SAND is the native utility token of the platform, which is used for buying land, assets, and other resources, as well as for rewarding players, developers, and content creators. Keep Reading »
Axie Infinity Price Analysis
Axie Infinity (AXS) is a blockchain-based gaming platform that allows players to collect, breed, battle and trade digital creatures called Axies. AXS is the native token of the platform, which is used for governance, staking and playing the game. Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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