Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break out of the $2,950 resistance level. Bitcoin BTC was back in the …
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Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement Agencies Russia’s Ministry of Finance …
LTC Price Fluctuates at a $100 – April 28LTC/USD market price fluctuates at a $100 lower-trading spot following a global declination in most crypto business operations lately. Presently, the crypto economy shows a positive percentage trading of 1.16, featuring between $103 and $99 value lines. LTC Price Fluctuates at a $100: LTC TradeKey Levels:Resistance levels: …
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Crypto analytics firm Santiment says that the decentralized crypto exchange Uniswap (UNI) continues to dominate when it comes to development activities. According to a Santiment tweet, Uniswap is the fastest-developed asset in the past 30 days with 1,430 daily submissions on the software development platform GitHub. The firm also highlights Ethereum (ETH)-competitors Solana (SOL) and …
Continue reading “Uniswap Surpassing Cardano in One Crucial Metric: Analytics Firm Santiment”
Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a tool for miscreants and criminals.Several crypto platforms and decentralized finance (DeFi) protocols have …
Continue reading “Blockchain and crypto can be a boon for tracking financial crimes”
Bitcoin (BTC) made a fresh bid to crack $40,000 on April 28 as Wall Street trading opened to twenty-year highs for U.S. dollar strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY now in “parabolic rally” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $39,883 on Bitstamp before momentum waned, sending …
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OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform. According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will “enable clubs, leagues, …
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The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark. The network’s hash rate hit a new record high of 258 EH/s on Thursday before settling around the 220 EH/s mark. The recent rise in the BTC network hash …
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Recognized as the world’s largest asset management firm, BlackRock has unveiled its highly-anticipated Exchange Traded Fund dedicated to the cryptocurrencies and the blockchain industry. The newly-launched blockchain-supported ETF is referred to as the Blockchain and Tech ETF (IBLC) and is designed to open multiple doors of opportunities for the firm as well as the investors …
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Leading digital asset management services provider, Grayscale Investments is all set to expand its operations in Europe to unleash the potential of the burgeoning crypto industry in the region. It is not a secret for us that cryptocurrencies have entered mainstream business with constant support from industry leaders and retail investors. With an intent to …
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Non-Fungible Tokens, or NFTs, are enjoying the second round of hype this year. Apparently, there has been a rise in NFT creators in the last few years. NFTs came into the spotlight in the year 2021, and since then, it has been one of the most popular platforms based on blockchain. Recently, many new NFT …
Without a doubt, blockchain technology is altering the way we interact with the world today. Whether it’s for making payments, tracking shipments, or other critical industrial functions, blockchain technology is proving to be a more resilient option in each field.Due to a never-ending stream of innovations in blockchain technology, the market competition has been surging …
The co-founder of embattled crypto exchange platform BitMEX warns that extreme HODLing could lead to the complete destruction of Bitcoin (BTC). In a new blog post, Arthur Hayes notes that Bitcoin’s gargantuan price gains over the past decade have led to a culture of HODLing which is the act of holding onto a coin for …
A top cryptocurrency analyst is naming one digital asset that could spike amid Elon Musk’s plans to acquire Twitter. Pseudonymous crypto trader Altcoin Sherpa tells his 174,200 Twitter followers that Dogecoin (DOGE) could present “interesting trade opportunities” as the process to buy Twitter plays out. Elon Musk is a staunch Dogecoin fan who in December …
Russia’s Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country’s Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators and for clarifying the terms on which digital assets can be seized. On April …
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