European lawmakers just approved a duo of new rules that will give the member countries of the European Union (EU) a uniform legal framework...

The EU Parliament has approved MiCA. The groundbreaking crypto bill will not come into force until 2024. A legal expert has said that MiCA...

GREENWICH, Conn.–(BUSINESS WIRE)–Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) (the “Company”), a special purpose acquisition company founded by Strategic Capital Fund Management, LLC (“Strategic...

This is an opinion article by Guglielmo Cecero, the legal manager of European bitcoin investment app Relai, and Raphael Schoen, the content lead at...

ADA, the native token of the Cardano blockchain, is on a bullish run. The token has gained over 13% in terms of price movements as it tries to recover its October losses. ADA also boasted significant gains earlier today; however, it is down 1.46% at $0.4046. Cardano’s weekly gains are not the only thing community members are celebrating. The blockchain’s NFT sector has also experienced substantial gains. Cardano community members also hope that some big changes will come to the blockchain this November.  Related Reading: Dogecoin (DOGE) Rallies With Over 10% Gains; Will Price Finally Hit $0.1? Cardano Gains Over 13% As European Parliament Member Calls It A “Rocket” Cardano has bagged impressive gains in the last 7 days, leaving traders with an overall gain of more than 13%. The blockchain network’s activity in the last 24 hours also shows a substantial increase in trading volume and number of transactions. Specifically, ADA outpaced the market with a 150% increase in trading volume in the last day alone. The token’s weekly chart also showed impressive gains. ADA increased by over 13%, making it one of the top performers among all cryptocurrencies. The ADA/USD pair broke above the resistance level of $0.36, which could be considered a positive sign for investors. The recent surge in ADA prices comes after a European parliament member called the cryptocurrency “a rocket in the crypto space.” MEP Stefan Berger commented on Twitter after his encounter with Frederik Gregaard, CEO of the Cardano Foundation.  ADA listing On FTX Might Be Disastrous, Cardano Founder And BitBoy Argue Ben “BitBoy” Armstrong, a crypto influencer, voiced his reservations over ADA listing on FTX on Tuesday, Oct. 24. BitBoy tweeted that FTX might compel bankrupt crypto broker Voyager to liquidate all ADA holdings with the spot pair listing. In response, Cardano co-founder Charles Hoskinson said that Voyager ADA accounts should not be liquidated if FTX begins trading ADA. FTX’s CEO, Sam Bankman-Fried, has been silent thus far. ADA Experiencing A Mini Bull-Run, Cardano Educator A popular Cardano influencer has remarked that the crypto is in the midst of a bull run. The influencer, known pseudonymously as ADA Whale, made the statement on Twitter yesterday (October 25th) while referring to the network’s recent activities. The influencer wrote: We’re in the midst of a mini bull run in network activity with daily txn tending to 100k at a blockchain load of 50%. The educator noted two factors were responsible for the bull run. “The uptick is mostly thanks to the NFTs bull run, but trading on dexes has also notably picked up in recent weeks,” ADA Whale added. Related Reading: Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says Prior to this, the Cardano educator made bullish predictions about the token. He noted that Cardano would “explode” in the next bull cycle once “DeFi, NFTs, and community engagement” start taking off. The educators mentioned that institutional investors appear to be losing interest in layer one (“L1”) blockchains. Therefore, it should provide space for Cardano (with its highly devoted and passionate community) to “thrive.” Featured image from Pixabay and chart from TradingView.com

Earlier today, social analytics startup LunarCrush made an announcement that should delight but not shock $ADA HODLers. On Tuesday (October 25), Cardano Foundation CEO Frederik Gregaard met German economist Dr. Stefan Berger, who is a member of European Parliament. In his tweet about this meeting, Berger called Cardano “a rocket in the crypto space”. On […]

Not long ago, Live Bitcoin News published an article discussing the new crypto regulations that the European Union (EU) was implementing. Now, we get...

EU lawmakers rejected the proposed ban of cryptocurrencies that use the Proof-of-Work mechanism The proposal, which has been a scorching debate in current days, would have led to the outlawing of Bitcoin and different PoW cryptocurrency tasks Today, the European Parliament Committee on Economic and Monetary affairs voted on the proposed draft suggesting the ban […]

The post ECON votes towards the modification prohibiting PoW cryptocurrencies appeared first on Bitcoin Upload.

The latest draft of the controversial MiCA report still contains language that could stop crypto service providers from transacting in proof of work coins.

The post Today’s EU MiCA vote could ban exchanges from listing proof of work crypto assets appeared first on CryptoSlate.

The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March…

The post Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March appeared first on Bitcoin News Miner.

The European Union will vote on passing a key cryptocurrency law next week, with a widely-criticized ban on proof-of-work tokens to no longer be considered. Member of Parliament Stefan Berger tweeted  that the Economic and Monetary Affairs Committee (ECON) will vote on the bill on March 14. The proposal, called Markets in Crypto Assets, or

The post EU Drops Proof-of-Work Ban, To Vote On MiCA Crypto Law Next Week appeared first on CoinGape.