There are several aspects of Ripple Labs and SEC lawsuit that does not make a lot of sense. However, the crypto community has been dependent on hearing from media outlets about the latest development in the case. Fox News reports promised the public to issue a detailed report on the matter to clarify all that…
After the crypto mining ban introduction in China, the Bitcoin miners had no option but to look for new locations. While Texas became the top destination for the Bitcoin mining organizations, Kazakhstan was able to offer these displaced businesses a sanctuary as well. In August, the former Soviet Union country became the second-largest contributor of…
With the passage of time, the success of the online trading industry has made it really complex and difficult to perceive all by yourself. This is when you need an online Forex company that leads the way for you and provides you with a secure trading channel. Furthermore, the platform needs to provide a professional…
Crypto adoption is on the rise; these are not the financial institution or technical enterprises that are now loathing for crypto; on the other hand, this is the mainstream media around the globe have come out in support of cryptocurrencies and the idea of decentralization. A recent report is that the son of Will Smith,…
The President of El Salvador, Nayib Bukele, has been facing negative comments in all directions until recently. The main reason for this heavy backlash is his Bitcoin nationalization policies. According to many people, his new idea has taken away the freedom of choice from the people that are the main objective and feature of decentralized…
The Bitcoin price has managed to reach the $67K level for the first time in the last 5 months. Many Bitcoin maximalists and cryptocurrency enthusiasts are certain that the flagship cryptocurrency will be able to hit the highly anticipated six-figure valuation before the end of the current year. However, many critics think that the cryptocurrency…
There is this very upsetting prediction in the air that when the price of Bitcoin rises, the performance of the USD deteriorates. At the end of the day, it is nothing more than a prediction that is the result of the panic and chaos that cryptocurrency sends booming into the fiat world. Many analysts and…
The government of El Salvador has shocked the world by declaring to become the first nation in the world to accept Bitcoin as a legal tender. The country has already passed the law and made Bitcoin a parallel mode of payment alongside USD. This massive transformation took place when president-elect Nayib Bukele proposed that the…
Joe Biden is reportedly working on an executive order or considering on one to control the crypto space; this thing has sparked another debate within the crypto community. When it comes to the idea of regulation, Biden wants to regulate and control everything, and this brings him to a rather tedious task of regulating the…
El Salvador president Nayib Bukele has confirmed via Twitter that the country has managed to mine some of the Bitcoin using volcanic energy. He says that the mining facility is still in its primitive stage and requires a lot of tinkering and professional insight to be able to make this endeavor a regular element. From…
When it comes to cryptocurrencies and their investment, there are two different schools of thought around that. There are those who are severely against the idea of decentralization and can’t bear the thought of it. It is considered a vile mode of investment and something that will drop dead the very next day or, if…
The National Bank of Ukraine (NBU) recently opened up on the subject of cryptocurrency trading and adoption in the region. The NBU officials claimed that the mass adoption of a digital asset is crucial to decrease the amount of volatility in the region. Adhering to this belief system, the NBU has also adopted a favourable…
Crypto adoption has been a slow process but even so, the authorities, regulators, and even the payment processors have been slowly rolling out various updates to bring their users up to speed with the crypto community. PayPal happens to be among these payment processors; at first, PayPal launched its services featuring the crypto industry to…
A property company by the name of Magnum Real Estate Group recently made it known that it will be adding various cryptocurrencies as a viable payment method. This development coincides with the general trend of increasing crypto adoption nowadays. The company, based in New York, stated that Bitcoin (BTC) would now be considered as an…
Stablecoins are not the same as cryptocurrencies, as these are only the mirror images or reflections of these cryptocurrencies. The stablecoins are specifically pegged against a definitive commodity such as another cryptocurrency or even the US dollar. Their value is in reference to a definitive or competitive commodity which they are representing. There are worries,…
A system bug in OpenSea resulted in the burning of 42 NFTs in around 30 transactions, worth nearly $100,000 in value. According to reports from sources, a system bug in the NFT marketplace on OpenSea caused the burning of NFTs owned by multiple users, having a value of around 28.44 Ether, which is about $100,000…
If you are a true crypto-enthusiast, then you already know what is cooking between XRP and SEC, as it has been the highlight of the crypto market all these long months. The case has taken all sorts of impressive turns over the months, and it seemed for the most part that Ripple was winning it…
Most virtual coin trades lower after failing to reverse the bearishness that dominated the market over the last 24 hours. The past day’s negative price actions had most cryptocurrencies in the top-fifty trading in the red. That was due to the sudden losses that the market saw after El Salvador implemented the BTC law. Polkadot…
As Ethereum and Bitcoin experienced consolidation over the past day, some alts either printed sideways actions or dropped their earlier gains. Though Tron maintained its price under its multi-month high, the crypto battled to conquer the $0.103 level. Meanwhile, WAVES depicted consolidation moves as technical indicators suggested price actions near the closest support at $27.07…