A group supposedly representing the interest of Russian banks has proposed a crypto-related bill to Russian authorities. The group wants the Russian government to make it a criminal offense for anyone to own private crypto wallets. Even though the financial regulators are set to discuss the idea, industry analysts opine that it is nearly impossible…
Zilliqa shows buying momentum resurgence as the alt gains 14% over the past 12 hours, The upward action emerged after ZIL dropped towards the demand zone of $0.097 – $0.121. A daily candle close under $0.097 will cancel Zilliqa’s bullish thesis. ZIL price action is back in bullish control as the alternative token relaunches its…
It is unarguable that WazirX ranks among India’s top five crypto exchanges. However, multiple reports from local news outlets reveal that the firm is set to move its headquarters from India to Dubai. The news might be credible given that the co-founders have already relocated to Dubai with their families. Implications Of New Crypto Tax…
According to a report from the Economic Times, just a few days after its launch in the country, Coinbase has decided to shut down the Unified Payments Interface (UPI) In India during the weekend. Before its launch in India, Coinbase, which is said to be the biggest cryptocurrency exchange in the United States, regarding trading…
Financial regulators from Texas and Alabama, USA, have issued a cease and desist order to a virtual casino firm after they alleged that it was selling unlicensed securities which represents a fraudulent act. Were They Selling Unlicensed Securities? The two security regulators claimed that Martin Schwarzberger and Finnruben Warnke (co-founders of Sand Vegas casino) had…
Ethereum and Bitcoin lost more than 2.5% within the past one hour as liquidations on exchanges surpassed $120 million. The massive liquidations fueled a bearish thesis among crypto investors. Crypto analysts trust Bitcoin will lose the support of $39,000 while ETH struggles beneath the $3,000 level. BTC and ETH struggle to overcome their closest resistances…
A unique study points out that the developers consider metaverse to be a space that may garner additional fame to sell as well as purchase crypto shortly. The respective study, which is commissioned on the behalf of Agora (an API provider), conducted a survey of the thoughts of nearly 300 developers regarding the metaverse. Agora’s…
Per multiple local news outlets, many Argentines have discovered that they can earn more money through P2P arbitrage and leveraging on exchanges and the market conditions. One of Binance Argentina’s top-level executives, Maximiliano Hinz, revealed a 45% increase in the company’s P2P operations within the past 30 days. Argentines’ New Gold Rush Argentines have discovered…
Panelists explained their bullish stance about BTC during the latest podcast on Bitcoin Sessions. Experts revealed their optimistic attitudes despite the recent dip under the $40,000 mark. While publishing this content, Bitcoin traded at $40,456.45, gaining 0.67% over the past day (Coinmarketcap data). Mark Stephany, the theprogressivebitcoiner founder, briefed his bullish reasons for BTC. Stephany…
One of the Ethereum staking pools, Lido, has announced that it would lower the requirements to become a validator on its platform. Thus, enhancing the decentralization of their platform. Based on the new requirements, anyone can become a Lido validator regardless of the amount of Ethereum they have staked. Furthermore, it would enhance governance on…
Ripple and its native token XRP have a lot going on. From the recent lawsuit ruling that seemed to favor Ripple to XRP price surging despite the broad market drop. Recently, Ripple executive Brad Garlinghouse stated that the legal battle with SEC was ‘exceedingly well.’ XRP Gains More than 5% XRP token decoupled from the…
The Solana NFTs are moving into new boundaries this month. You’d recall that OpenSea announced the integration of Solana NFTs on its platform last week. Today, Rarible has also announced that Solana NFTs are now live on the Rarible protocol. Per an official press release from Rarible, Solana-minted NFTs are now tradable on the Rarible…
Dogecoin and Shiba Inu secure early foothold following Monday’s broad market crash. Failure to keep pivots away would see the meme coins under pressure. DOGE and SHIB saw bearish sessions as the meme tokens succumbed to broad market forces. Elon Musk hit DOGE earlier on the day as news of the Tesla CEO not joining…
A new NASDAQ survey has revealed that financial advisors testing the crypto investment space plans to keep investing in the digital asset space. 87% of 500 investment advisors investing in the crypto space state that they will keep investing in it at least for the next 12 months. Furthermore, none of them plan to reduce…
Ethereum (ETH) is nearly ending the week on a bearish note. Bears stepped up to push the 2nd-largest crypto lower after the alt hit the $3,547 weekly peak. For now, the daily 20MA line serves as a dependable support floor, and ETH bulls struggle to keep the zone. Ethereum Daily Chart According to the 24hr…
DeFi platform, Truflation, has revealed that it is working on developing an indicator that can provide real-time inflation tracking analytics for the crypto space. Truflation further state that the new tool would be completely decentralized. A CPI Tool Developed With Blockchain Technology While speaking with the media, Truflation CEO, Stefan Rust, said, “the current framework…
A prosecutor from Turkey is demanding 40,000-year imprisonment for 21 respondents linked to the crypto exchange named Thodex, as per the indictment submitted on Thursday. The Turkey-based Thodex declared in the previous April that the venue thereof had been briefly shut down to tackle the malfunction in the accounts of the firm whereas Faruk Fatih…
BitsCrunch, a startup that focuses on the non-fungible token blockchain, recently declared that it would soon be working with MasterCard, one of the most popular payment service providers. Intended to be nurtured under MasterCard’s Start Path program, a global startup business participation initiative to assist companies in scaling, MasterCard and bitsCrunch want to empower users…
Despite failing to launch its cryptocurrency, Meta reveals it hasn’t given up on launching crypto lending services and virtual tokens. Per a financial times report, Meta plans to increase its revenue income by owning a digital asset that some insiders have called ‘Zuck Bucks.’ A Change To Suit Metaverse-Related Services However, the report clarified that…
ATOM price exhibited massive bearish bias within the past couple of days. Cosmos ecosystem performed well, thanks to LUNA’s DeFi projects. Gravity DEX airdrop would be the next catalyst. Cosmos (ATOM/USD) has experienced massive bearishness over the past couple of days as investors remained worried about stock and cryptocurrencies. The altcoin declined to $26.03, its…