Implementation of the regulations on Russian crypto mining could provide significant advantages to both the native miners as well as the state. The State Duma, the Energy Ministry, and the Economic Development Ministry want the legalized status of cryptocurrency mining as a business to be controlled being an entrepreneurial activity, in Russia. Nonetheless, the central…
As per the latest reports, a major digital asset exchange headquartered in Singapore had its operations suspended in the country. The name of the particular exchange is Bitget and it reportedly had its operating license suspended in Singapore. The reports confirm that it is the Monetary Authority of Singapore that has taken action against the…
Bitcoin starts another week as market players still contemplate the recent massive crash that had the leading crypto exploring the $4200 level at some point. Though Bitcoin registered a modest recovery, it now faces multiple obstacles in BTC’s full-recovery attempts. The first challenge for BTC bulls is at $50,000. Market players appear confused for…
In the past 7-days, several cryptocurrencies have demonstrated high performances in the overall crypto-market. Although the cryptocurrencies have experienced a dip in 48-hours, the overall performance for the majority of the cryptocurrencies has been in the greens. This is where Terra (LUNA) has emerged as the highest gaining cryptocurrency in the past 7-days. The data…
Tiff Macklem, the Governor of the Bank of Canada, has claimed once again that BTC cannot be categorized as a form of currency as it does not have the adequate characteristics for being utilized in transactions. While talking to CTV News, Macklem (who has upheld his sceptical viewpoint regarding digital assets) stated that Bitcoin (BTC)…
In the past 24-hours, the price of RPS League (RPS) has been experiencing a downtrend. The report from CoinMarketCap shows that the price of RPS has dropped at an alarming rate, showing a 99.42% drop in the past 24-hours. RPS is the rewarding token for the “RPS League” game that hasn’t been able to catch…
Wynn-EX Review Wynn-EX is a name that has been circulating around the cryptocurrency as well as online trading sector for some time now, and for a good reason. Cryptocurrency trading has become immensely popular as time has progressed, and few cryptocurrency exchanges have managed to capture both the attention as well as high-quality related to…
The global crypto economy continues to be over-dominated by two of the best digital currencies of the world namely Bitcoin and Ethereum. However, Ethereum’s progress as compared to its rival, Bitcoin, has been such that Ethereum is overpowering Bitcoin in multiple aspects. For instance, as of today, Ethereum has halfway neared Bitcoin’s market capitalization of…
LUNA, the native staking token that serves as the foundation of the Terra blockchain, reached a new all-time peak of $68.29 earlier this week. According to data published by CoinMarketCap, the cryptocurrency has gained over 14% in the last 48 hours. As a result of the most current price increase, LUNA’s market capitalization has surpassed…
A debate in the Bitcoin community is getting too much attraction in which initiation of “Santa Claus Rally” has been questioned. Santa Claus rally is a crypto economy event that usually comes into force before the expiry of a year. What happens is that the value of the entire crypto-economy surges to a great extent…
Dogecoin trades on downtrend mode as it prepares a 20% surge towards $0.239. Magnified buying momentum will see the meme coin extending its run-up to $0.256. However, breaking beneath the $0.183 range low will cancel the bullish outlook. Dogecoin price appears to head towards the price zone that exhibits high reversal probability. That confirms that…
Crypto trading has been a breath of fresh air for most investors all over the world and there are plenty of reasons for that. One of the main reasons why there has been an influx of crypto-related investments recently is the high profits that many crypto coins offer. Sure, not each and every crypto coin…
Ether (ETH) has reached a new high against BTC. ETH year-to-date returns have increased to slightly above 350%, all as a result of its new high achiever this week. For the first time this year, the ETH/BTC pair bid hit a record 0.0835 BTC on Coinbase. This bullish movement started sometime in October after Ethereum…
Despite China’s ban on Bitcoin mining, the business has expanded rapidly in the previous 5 months. Following China’s crypto ban earlier this year, bitcoin mining hash rate decreased by more than 50%, attributable mostly to the exodus of Asian crypto miners. Mining hashrate recovers after China’s ban on Bitcoin mining Data availability suggests that the…
In the list of cryptocurrencies demonstrating worst performances, it is Tractor Joe (TRACTOR) on the Avalanche Network delivering the worst past 30-day performance. TRACTOR’s price has deteriorated by 80.70% in the past 30-days, resulting in it falling at a price of $0.004034 per TRACTOR. The trading volume as shown in TradingView’s performance report is worth…
While the approaching transition between PoW and PoS could abandon the network of Ethereum at risk, a developer calmed about the safety of the merger. The Ethereum 2.0’s Pivotal upgrades have been sluggish, however stable. Though technical problems are continuously emerging to be troublesome for the network, lingering for up to a couple of recent…
The chief executive of the largest crypto trading platform in the world, Changpeng Zhao discussed the criteria they use for listing tokens on the Binance platform. Zhao said that the top factor that they considered when deciding whether to list a token on the exchange or not was its number of users. Zhao noted in…
The Brave browser has recently made an important announcement for cryptocurrency investors. The company has recently made the updated version 1.32 online. The new upgrade allows users to access a built-in digital wallet feature. In a press release held on Tuesday, Brave executive told media that the digital investors would be able to access the…
China has issued a very hard stance on cryptocurrencies and especially Bitcoin. The country has halted all activities pertaining to Bitcoin mining, and therefore all miners with their equipment are forced to leave the country as soon as possible. Due to which many miners were able to successfully relocate their operations to more friendly frontiers…
KuCoin (a crypto exchange) has declared to open a virtual administration inside Blokotopia (a skyscraper within the decentralized metaverse). In an announcement of 2nd November, it has been stated by KuCoin that it would join the metaverse through the launch of an enterprise in the platform of Blokotopia, structured like a skyscraper. There are 21…
A senator of the United States, Cynthia Lummis representing Wyoming has aired out her opinion about BTC, XRP, and Dogecoin among other digital assets in a show on CNBC called Squawk Box show. The senator said the only lasting cryptocurrency, in the long run, will be Bitcoin while others will fade with time. Special Attention…
Leading crypto exchange, Kraken, has disclosed that it will enable trading on the meme-themed cryptocurrency, SHIB, starting from Tuesday. Other Details About This Listing Per the announcement, SHIB will be paired with the USD and the EURO. But trading on SHIB in the futures and margin markets would be available at a date that would…
India, like many countries, is in the throes of coming up with crypto regulations. The country’s parliament is about to introduce a bill to regulate the market. With this in mind, many groups have expressed their views on what they think should be covered by the bill. Opinions Of Concerned Bodies IndiaTech, an independent company…
For the time being, Cardano is not doing very well on the cryptocurrency leader board. The native token of Cardano, ADA, has been overtaken by SOL native to the Solana network. This recent event has sparked debate and controversy among the Cardano traders. To address the issue, Cardano founder Charles Hoskinson has hosted a live…
Santander, one of the most elegant banks in Europe, is going to launch the first Bitcoin ETF in Spain despite the fact that there are various regulatory challenges which the country is still facing amid ETF approval. According to the officials at the bank, they have been working for quite some time now on the…
