Today, Bitcoin climbs to $42,300 following positive sentiment over the Biden Administration’s executive order on digital assets. While this is a far cry from November’s $69,000 all-time high, it still brings welcome relief to investors who have faced huge uncertainties over the last five months. The executive order will bring about a cryptocurrency framework, which …
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As the conflict between Ukraine and Russia continues, the crypto community support for Ukraine has also been growing. On Tuesday, the popular NFT collection, Bored Apes Yacht Club, donated $1 million to the official Ethereum address of Ukraine. Bored Ape donates $1 million According to the community, after seeing several members of its community donate …
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Copernic Space recently joined forces with AdShares, a blockchain-based protocol dedicated to digital advertising, in a bid to usher true space assets and experiences into the Metaverse. Built to carry vast amounts of advertising microtransactions, AdShares enables direct contracts between publishers and advertisers without intermediaries. A Decentraland advertising partner Copernic Space, a Web3 marketplace for …
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Privacy coins have surged, with Monero posting +18% gains over the last 24-hours to lead the top-100. Similarly, Zcash posted an impressive performance, coming second ahead of Secret. Top Privacy Coins (Source: CryptoSlate) The last 24-hours have seen $108 billion of inflows into crypto markets. The chart below shows a gradual uptick from 22:00 (GMT) …
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U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s …
Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s largest cryptocurrency snapping a six-day losing streak. Following a low …
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Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see stocks heal after the last two days of significant capitulation. However, the S&P 500 index is showing an ominous death cross ahead, which means the …
press release PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely increasing the reporting needs for …
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The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March …
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The government of the Philippines has announced plans to roll out a pilot program in preparation for the launch of its central bank digital currency (CBDC). According to Benjamin Diokno Governor, Governor of Bangko Sentral ng Pilipinas (BSP), the Philippines central bank, the aim of the project is to enhance “the payment system’s safety, resiliency, …
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The U.S. Treasury Department is set to educate people on the risks of investing in cryptocurrencies as the crypto market gradually makes its way into the mainstream. The department, through the Financial Literacy Education Commission, will organize outreach and create educational materials to educate people on how crypto works. The initiative will also include differentiating crypto investments …
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Binance said in a blog post today that Visa and Mastercard credit cards issued in Russia would no longer be accepted as payment methods on its cryptocurrency exchange. It was also implied that Russian consumers will be unable to use Mastercard and Visa cards issued by institutions outside of Russia. According to the announcement’s wording, …
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Recent analysis from blockchain analytics company Arcane Research, are showing that Ethereum transaction fees are “declining” at the moment. The Ethereum network’s transaction fees have dropped by 71.15%. Arcane used CoinMetrics data in their more recent analysis. It helped them illustrate that the seven-day average for Ethereum transaction fees is at its lowest level. The …
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Popular crypto trader Michaël van de Poppe thinks Bitcoin (BTC) will have to suffer through a few more dips before reentering another bull market. In a new video, Van de Poppe tells his 165,000 YouTube subscribers that he assumes Bitcoin will soon endure a short correction towards the price area around $36,000. The crypto analyst …
Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading on March 9. The pair had …
