[Feb 13, 2023 3:14 PM] The chart representing the total crypto market cap in aggregate has triggered a golden cross on daily timeframes. While the crossover of two important moving averages is typically a buy signal, Bitcoin, is close to confirming the opposite signal —…
[Feb 13, 2023 12:02 PM] Binance Coin (BNB), created and issued by the exchange Binance has suffered a massive drop in its price action. The crash follows an investigation from the U.S. Securities and Exchange Commission (SEC) against crypto firm Paxos, which supports…
[Feb 13, 2023 11:30 AM] Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be discontinued on March 16, 2023, and app users…
[Feb 13, 2023 7:15 AM] Binance CEO Changpeng Zhao (“CZ”) has commented on Twitter about the Department of Financial Services’ (NYDFS) directive to Paxos Trust Co. to stop minting new BUSD. As reported by the Wall Street Journal today, Paxos will…
[Feb 13, 2023 5:00 AM] Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various…
[Feb 12, 2023 11:00 PM] A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows…
[Feb 12, 2023 6:59 PM] The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
[Feb 12, 2023 1:00 PM] Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against…
[Feb 12, 2023 5:00 AM] South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile…
[Feb 12, 2023 1:00 AM] Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining…
[Feb 11, 2023 3:19 AM] MATIC price is making investors smile and beam with confidence as it moves north. There is currently a massive demand to jack up the price of the crypto further up, as explained by veteran crypto analyst, Ali Martinez. Here’s a quick glance…
[Feb 11, 2023 12:01 AM] The crypto market witnessed several declines in 2022, resulting from market forces, regulatory uncertainty, and decreased demand for cryptocurrencies, particularly Bitcoin. These events led to a drop in the prices of many popular cryptocurrencies…
[Feb 10, 2023 11:30 PM] A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of…
[Feb 10, 2023 9:30 PM] A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different…
[Feb 10, 2023 4:59 PM] Cardano Founder Charles Hoskinson speaks on a possible solution for the staking programs after the settlement between the Securities Exchange Commission (SEC) and crypto exchange Kraken in the U.S. The question of how these products can survive and…
[Feb 10, 2023 6:30 AM] A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in…
[Feb 9, 2023 5:46 PM] Bitcoin formed a historically bullish pattern when its 50-day moving average crossed above its 200-day moving average. According to an analyst from on-chain analytics firm Jarvis Labs, this pattern is known in the market as a golden cross and…
[Feb 9, 2023 4:00 PM] The Cardano price had attempted to reach the $0.38 level, but the bears have taken over, as seen on the daily chart. Over the last 24 hours, ADA has lost 3% of its value. In the previous week, the altcoin has not made considerable price movement…
[Feb 9, 2023 2:00 PM] The Monero (XMR) price has been downward over the last week. Monero lost close to 10% of its market value in that period. On the one-day chart, XMR posted a 3% depreciation. The market remains sensitive as the Monero price remains in the clutches…
[Feb 9, 2023 11:30 AM] Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a…
[Feb 9, 2023 6:00 AM] Bitcoin.com is excited to announce that Verse Farms are live on the Verse DEX. Anyone can now deposit select Liquidity Pool (LP) tokens into Verse Farms to earn additional rewards on top of the trading fees already earned for providing liquidity…
[Feb 9, 2023 5:55 AM] The token of the largest Ethereum liquid staking provider Lido Finance, LDO, has seen a strong rally in the past few hours. After Coinbase CEO Brian Armstrong shared the rumor that the U.S. Securities and Exchange Commission wants to ban retail…
[Feb 9, 2023 3:30 AM] Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may…
[Feb 8, 2023 4:30 PM] For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are a relatively new type of investment, the Internal Revenue Service (IRS) in this…
[Feb 8, 2023 4:30 PM] Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of…
[Feb 8, 2023 3:21 PM] Litecoin price has been trading within an ascending trendline over the past couple of weeks; currently, the coin has broken out of the trendline but has maintained bullish momentum. Over the last 24 hours, LTC has depicted little price movement. In…
[Feb 8, 2023 12:00 PM] The issues at Digital Currency Group (DCG) seem to be coming to a head as the company has now begun offloading its Grayscale crypto shares. This move is one that was under speculation for a long time in the crypto community, as well as what kind of…
[Feb 8, 2023 6:08 AM] The price of The Graph’s native token, GRT, has gained a whopping 114% in the last seven days. However, within the last few hours, the price has experienced a major correction of about 23%. After trading for $0.2322 at one point, GRT is…
[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…
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