Bitcoin price takes another jab at weekly supply territory, extending between $45,550 and $51,860. Ethereum price should steady beyond the 50-day Simple Moving Average at $3,070 for stable uptrends. Ripple contemplates a preemptive bullish rally as bears couldn’t take XRP lower. Bitcoin (BTC) price appears prepared for another upswing as the coin recover from the […]
A non-partisan group in the US legislature recently proposed a new bill titled “virtual currency tax fairness act.” Highlights Of This New Bill The bill’s primary objective is to make it easy for crypto holders to settle their taxes. Hence, the government can make profits (albeit small) from those who aren’t paying tax on their […]
The cryptocurrency industry is experiencing rapid growth and development with the way it has become mainstream and acceptable by individuals and various businesses, making it an attractive investment destination. Investors are now readily available to stake their money wherever they think will give them profits, and cryptocurrency is one of these. Even renowned stock market […]
The Federal Bureau of Investigation (FBI), in its latest announcement a few days before Valentine’s Day, has cautioned against romance scams during this period in the San Francisco Bay Area. According to the FBI, cryptocurrency-related romance scams are rising following complaints it received that bordered on internet crime at its district office in San Francisco. […]
One of Tennessee’s lawmakers, Jason Powell, has sponsored a bill that allows the state government to invest in crypto, including the burgeoning NFT sector. The bill, known as house bill 2644, would make it legally binding for any county, municipality, or state to invest in blockchain technology, digital currencies, and NFTs. Key Highlights From The […]
One of Russia’s wealthiest men, Vladimir Potanin, has claimed that national digital currencies such as the digital ruble have more real-world meaning than BTC and other private digital currencies. Potanin made his opinion known among the two digital currencies in the latest Bloomberg interview. National Digital Currencies Are The Future Of The Finance World – […]
After accounting behemoth, KPMG Canada, joined the list of institutional investors in cryptocurrency, another top Canada-based institutional investment firm, TMX, is set to join the bandwagon. The TMX Group is Canada’s biggest stock market operator and has announced plans to launch a maiden crypto ETP. Details About This New Listing This new listing will make […]
Belarus is not planning to fasten its free cryptocurrency legislation even as its neighbouring ally, Russia suggested to restrict token mining and transactions. The Eastern European Country of Belarus has given a go-ahead to let investment funds seek exposure to digital possession. This was approved in December 2017. The Belarusian government embraced Decree No. 8 “On the […]
ETH 50-Week Moving Average Ethereum price has bounced back moving with the power of 50 weeks average, a trustworthy assistance level from 2020-to 2021 transactions. Ethereum’s native token Ether (ETH) is prepared to hit $3500 in the upcoming season as it repossesses a strong support level on February(Feb 5). Ethereum rising above its 50-week moving […]
While examining the amount of Ether held by the top ETH whale exchange addresses, on-chain data analytics Santiment, reveals that the top ten whale addresses hold about 5.83 million Ethereum. In contrast, non-exchanges hold about 24 million ETH. Santiment notes that this could be attributed to the sustained trend of shifting cryptos away from exchanges. […]
Animoca Brands led Web3’s virtual identity network NFT3s to complete the seed investment round, bagging a total sum of $7.5million. The founding round investors included investment leaders and venture capitalists such as US health care company Prometheus Labs, Digital Finance Group, and crypto fund investment company LD Capital also participated in the round. Web3’s Chief […]
The Bitcoins that were stolen from the Bitfinex hack as of 2016 are currently in motion. The Bitcoin address that holds the cryptocurrencies have been under close surveillance from the period of the hack till now. There are wild guesses that the coins are being transferred to a different address in anticipation of liquidation or […]
Cardano now has a new DEX (called ADAX) five months after enabling Smart contracts on the platform. Part of the official announcement from the Cardano team indicated that the new DEX is an integral part of the long-term development of the Cardano community. The Cardano team had previously launched a testnet for the ADAX platform […]
Per Bloomberg, the US SEC probes three crypto-yield companies over proper registration issues. Why The Probe? While none of the firms have been alleged of any misconduct, multiple sources reveal that the SEC is investigating whether crypto yield firms’ offerings should be considered securities. The operations of crypto lending firms are similar to the way […]
In 2021, the crypto community witnessed a tremendous rise that also led to crypto fraudsters coming out in their numbers to prey on the users of the platform. Of late, several YouTubers that capitalize on crypto content creation reported that their accounts were hacked and noticed that fraudulent videos had been put up on their […]
Even though the crypto market has been declining since the beginning of the week, it culminated in a massive decline on January 21, with BTC now trading at a 6-month low of $35.35K. Crypto Price Correction And Dwindling Wealth For CZ As widely reported in various media, the price of crypto-related stocks has not been […]
Popular trading platform, Robinhood, has launched the trial version of its crypto wallet feature that allows its users to perform crypto transactions outside the platform. Feature Only Available For Select Users However, this feature (WenWallets) is only available to 1,000 selected users. Part of the press release issued by Robinhood states that the firm intends […]
On January 20, Crypto.com issued an official statement to share details of its losses during a recent breach of its security network. Nearly $34m Worth Of Digital Assets Were Stolen – Crypto.Com Part of the statement revealed that hackers stole “444.94 BTC, 4,836.27 ETH and about $66.3K worth of other digital assets” from its platform. […]
Unlike in ancient times, when merchants relied on clay tablets to keep their agreements, today’s equivalents increasingly rely on blockchain contracts. They want to employ intelligent contracts, which are decentralized apps (DApps) stored on the blockchain as executable code and can be activated by any network user. Smart contracts, which Ethereum first introduced, currently enable […]
Canadian entrepreneur Kevin O’Leary has disclosed his intentions to invest in stocks of green energy mining companies. O’Leary shared some interesting stories about his recent voyage in the Middle East with Anthony Pompliano to discover ways to invest in BTC mining. He then disclosed that moguls in the region want to invest in sovereign mining […]
