Kazakhstan Senate approves legislation regulating crypto service providers

According to new legislation passed by the upper house of the country’s national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast.  The new law extends the country’s financial monitoring system to cover crypto service providers. The new legislation would also establish a …

Bitcoin Price Prediction: BTC/USD Swings Above $62,500

Bitcoin Price Prediction – November 7 The Bitcoin price restarts the uptrend after crossing above the critical barrier of $62,000 to touch the daily high of $62,866. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $57,000, $55,000, $53,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green …

Bitcoin Price Prediction: BTC/USD Recovers Above $62,000

Bitcoin Price Prediction – November 7 The Bitcoin price is currently trading above the 9-day and 21-day moving averages after the first digital asset recovers from $61,397. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $58,000, $56,000, $54,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently …

Brazilian official pushes for the use of Bitcoin in salary payments

An official with the Brazil chamber of deputies has announced his intentions to make it possible for government workers to be paid in Bitcoin. This announcement comes as more Latin American countries pass laws that favour the adoption of cryptocurrencies. The official known as Luizao Goulart has tabled the bill that allows public and private …

Bakkt expands crypto offerings to start supporting Ethereum

Bakkt, the cryptocurrency exchange platform for the Intercontinental Exchange, has announced plans of expansion by adding Ethereum to its list of accepted cryptocurrencies. Bakkt has stated that through this expansion, its customers can now interact with the largest altcoin by market capitalization. The development also came shortly after Bakkt Holdings became a publicly-traded company, with …

Solana, Lightspeed and FTX invest $100M in GameFi

Leading players in the blockchain sector have launched a major investment fund that will be used for Web 3 gaming, popularly known as GameFi. This initiative could mark a major step in adopting blockchain and crypto assets into the traditional gaming sector. The new $100 million investment fund was announced on Friday. The funds will …

Tampa Bay Mayor announces plans to accept salary in Bitcoin

The mayor of Tampa Bay in Florida, Jane Castor, has announced plans to accept her paycheck in Bitcoin. This development comes a few weeks after the mayor of Miami, Francis Suarez, stated that he would receive 100% of his next paycheck in Bitcoin. Castor made the remarks during the Bitcoin & Blockchain Summit held in …

‘Resistance is futile’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close. After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels. Now ready to go “parabolic,” some argue, the largest cryptocurrency is now firmly …

Crypto markets tag $3T combined market cap for first time

With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken above $3 trillion for the first time. According to CoinGecko, the total crypto capitalization broke into new highs above its previous record of $2.62 trillion …

Incoming NY mayor wants crypto taught in schools

New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula. Speaking during a Nov. 7 interview with CNN’s State of the Union, Adams described cryptocurrency as “a new way of paying for goods and services throughout the entire globe,” urging …

Three Bitcoin (BTC) on-chain indicators signaling a bullish end of the year

In this article, we will explore the indicators behind the positioning of BTC investors and its psychological effect, the large increase in institutional activity, and the possible supply shortage on centralized exchanges. 97% of BTC investors are making money The In/Out of the Money Around Price indicators show the distribution of addresses that have bought …

LBank: DafriBank Aims for Making DBA Africa’s Number 1 Cryptocurrency

press release PRESS RELEASE. Since blockchain technology and crypto have become the power of the next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank brings the Digital Bank of Africa (DBA) project into …

Leading NFT Marketplace Opensea Surpasses $10 Billion in All-Time Sales

This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in All-Time Sales NFTs have become very popular in 2021 and …

JPMorgan Doubles Down on Bitcoin Price Prediction of $146K

Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios. JPMorgan Renews $146K Bitcoin Price Prediction JPMorgan released an inaugural …

Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin

Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll. Many people urge Musk to sell his Tesla shares and put money into cryptocurrency, particularly bitcoin. Elon Musk Asks Twitter Followers to Decide Whether to …

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