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Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

[Dec 5, 2022 1:00 AM] A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the…

How much is Bitcoin worth today?

[Dec 4, 2022 10:20 AM] Bitcoin is always open and the BTC price is constantly changing — find out how to track it and understand more about Bitcoin price action with the Cointelegraph crypto price indexes.

Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain

[Dec 4, 2022 4:00 AM] Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech…

XRP Price Poised For A 13% Leap – If It Keeps Steady On This Route

[Dec 4, 2022 2:49 AM] XRP, the 7th largest cryptocurrency with more than $19.74 billion market capitalization, appears to be poised for a healthy surge. Unfortunately for traders, investors or prospective buyers of the crypto asset, this upward movement will be…

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

[Dec 3, 2022 11:00 PM] Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting…

TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow

[Dec 3, 2022 10:10 AM] TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider…

MANA Bloats 3.5% In Last 24 Hours, And Traders Now Smell Profit

[Dec 3, 2022 8:00 AM] MANA, the cryptocurrency used as payment for goods and services in the metaverse project Decentraland, has already lost 33% of its value over the last 30 days. After going all the way up to $0.7339 on November 5, the asset was on a consistent…

Sam Bankman-Fried Addresses $8 Billion Balance Sheet Deficit, The Key Takeaway

[Dec 2, 2022 11:33 PM] The entire crypto market bled with multiple losses and asset devaluation after the collapse of Sam Bankman-Fried’s crypto exchange FTX. In addition, crypto firms exposed to FTX got a fair share of the bitter pill. Investigations have been…

Ethereum Price To Reclaim $1,300 Throne – What Are The Possibilities?

[Dec 2, 2022 11:09 PM] This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350…

Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets

[Dec 2, 2022 10:30 PM] The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract…

BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit

[Dec 2, 2022 6:30 AM] Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar…

Tron Adds 1.75 Million New Addresses In Last 7 Days As TRX Regains Previous Losses

[Dec 2, 2022 2:30 AM] TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world. According to data provided by Coingecko, from its $0.064…

The FTX Ponzi: Uncovering The Largest Fraud In Crypto History

[Dec 2, 2022 2:00 AM] Modern day alchemy, unsurprisingly, failed. A deep dive into FTX and the events leading to the collapse of the now notorious crypto exchange. The below is an excerpt from the Bitcoin Magazine Pro report on the rise and fall of FTX. To read and…

SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’

[Dec 2, 2022 12:30 AM] Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional” and insisted

Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance

[Dec 1, 2022 10:10 AM] Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as…

Italy Wants to Tax Crypto Gains at 26% From 2023

[Dec 1, 2022 8:30 AM] The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and…

CAKE Not Looking Delectable For Investors Despite PancakeSwap’s Progress

[Dec 1, 2022 8:01 AM] As of late, PancakeSwap has been working with Hashflow to offer HFT payouts on its staking platform. The Tweet implies that this will make it possible for someone to utilize PancakeSwap to “farm” HFT tokens for profit. For a decision to…

Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France

[Dec 1, 2022 6:30 AM] Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian…

ApeCoin Falls Below $4 Again As Its Treasury Sells Its Own Token Holdings

[Dec 1, 2022 3:40 AM] ApeCoin (APE) seems to be ignoring the push that the broader crypto market is making that enabled many cryptocurrencies record significant price increases during the previous 24 hours. In fact, the digital currency that currently ranks 35th in…

National Bank of Ukraine Unveils E-hryvnia Concept

[Dec 1, 2022 2:30 AM] The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail…

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

[Dec 1, 2022 12:30 AM] Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it…

Solana Price Attempts To Bounce Back But Will It Breach $15?

[Nov 30, 2022 10:00 PM] After a period of sluggish price action, the price of Solana has finally made a significant recovery on the chart. In the last week, the coin has surged over 9%. Although SOL might be moving up slowly, from a technical standpoint, the altcoin has…

EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'

[Nov 30, 2022 8:29 PM] Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil.

Where Is The Ethereum Price Headed Next After Clearing This Resistance

[Nov 30, 2022 1:00 PM] The Ethereum price has finally been able to break above the $1,233 resistance mark. Over the last 24 hours, the coin has registered substantial gains. With the price moving above the $1,233 resistance level, Ethereum price has pictured a positive…

Litecoin (LTC) Continues To Impress With 25% Rally In Last Seven Days

[Nov 30, 2022 4:28 AM] Litecoin (LTC) continues to prove its doubters wrong as it weathers the ongoing crypto winter in an impressive way, painting its charts in green and posting significant price increases during the last few days. At the time of this writing, the 13th…

NEAR Strong Rebound Seen As Crypto Registers 8% Spike In Last 24 Hours

[Nov 30, 2022 1:10 AM] NEAR, the native token of the public proof-of-stake (PoS) blockchain Near Protocol, dumped more than 50% of its current monthly high of $3.42 that it achieved on November 6. It seemed like a recurring theme for the digital asset which, in the…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

[Nov 29, 2022 3:00 PM] Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated…

Celo Sees 20% Gains In Last Week As The Broader Crypto Market Retreats

[Nov 29, 2022 12:00 PM] CELO’s price is currently at $0.6101, with a trading volume of $44,775,558. It is currently ranked number 97 on CoinMarketCap. The trading volume has decreased by over 73% in the last 24 hours. CELO shocked many market observers with a 33.51%…

Fantom (FTM) Up 10% After Cronje Article – Is $0.31 Possible?

[Nov 29, 2022 7:00 AM] The 69th largest cryptocurrency by market capitalization, Fantom (FTM), has shown relative strength over the past seven days, rising 29%. Over the past 24 hours, it even stands at a gain of 10%. Today’s surge comes after DeFi star programmer…

Cardano Registers Milestone With More Than 7 Million Native Tokens

[Nov 29, 2022 3:30 AM] Cardano (ADA) has failed to take advantage of a significant network milestone it recently achieved as the digital asset continues to struggle in pushing its price to higher levels. At the time of this writing, the cryptocurrency was changing hands…