Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week, …
Continue reading “Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday’s Gainers”
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According …
Bitcoin and ETH rallied on Sunday evening, as prices approached their highest level in almost three months. BTC climbed above $47,000, while ETH moved past the $3,300 point to start the week. Bitcoin Bitcoin started the week in strong fashion, with prices rising past $47,000 for the first time since the beginning of the year. …
press release PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange, Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall. The campaign which started on Tuesday, 15th March saw Quidax reveal celebrities like; …
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that …
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Crypto games platform Lucky Block saw its Android app go live in the Google Play Store today (Monday 28 March), enabling consumers around the world to download and test its lotto-style game. An earlier version of the app had been released to a community of testers a fortnight ago and was made publicly available to …
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Shark Tank investor Kevin O’Leary sees other opportunities in the crypto space besides investing in Bitcoin (BTC) and other digital assets. In a new interview with Kitco News, O’Leary explains his logic behind investing in Canada-based decentralized finance (DeFi) platform WonderFi and Immutable Holdings, a Puerto Rico-based blockchain company focused on non-fungible tokens (NFTs). “I’ve …
A leading crypto analytics firm is looking at what’s under the hood of Bitcoin to see what’s powering BTC’s latest rally. In a new video, Glassnode says that short sellers, or those who were betting on the sustained drop of Bitcoin’s price, were responsible for carving out a bottom for BTC. “Short liquidations typically happen …
A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of $50,000 within its range. Interestingly, …
Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulations. This statement continues the recent streak of support for the crypto industry among the country’s officials. Speaking at the first national conference of legal crypto miners in Irkutsk on Saturday, Grabchak called for …
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The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. The legislation calls for the U.S. Secretary of the Treasury to develop and pilot an electronic version of the U.S. dollar that is easy to use for the …
Continue reading “US e-cash: Bill proposes digital currency that replicates cash, bypasses the Fed”
Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin. According to information from Estadão, the third-largest newspaper in Brazil and read by 212 million o populace, the Coinbase acquisition could be complete by next month. Negotiations for the purchase have been taking place over …
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Deputy Minister of Energy Evgeny Grabchak has recommended that Russian authorities incorporate a legal framework for cryptocurrency mining. Grabchak also opined that regional regulations could be more efficient than federal laws. The Russian energy official stressed that these regulations must come soon to keep up with contemporary innovation. Russia could be on the verge of …
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Japan’s top authorities are looking at amending the foreign exchange law to prevent any circumvention of western sanctions by Russia. The amendment is still being reviewed, with no specific details made public. Japan has previously asked crypto exchanges to cooperate with the sanctions against Russia. Japan is taking further steps to ensure that Russia does …
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The Deutsche Bank research report highlights that NFTs could go mainstream through Instagram’s NFT support. Other internet companies such as eBay, Twitter, and Snap are also venturing into digital assets by adding support for non-fungible tokens. The leading financial institution Deutsche Bank believes that NFTs or Non Fungible tokens could soon become extremely popular with …
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