Tencent shuts down NFT platform as gov policy makes it impossible to thrive
China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided...
Month: July 2022
Bitcoin fights key trendline near $20K as US dollar index hits new 20-year high
Bitcoin (BTC) found a new focus at just under $20,000 on July 14 as United States dollar strength hammered out...
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand....
Synthetix Price Prediction: SNX May Continue to Trend Higher
Synthetix (SNX) Price Prediction – July 14There have been indications that the Synthetix market price may continue to trend higher...
OKX Wins Provisional Crypto License In The UAE
Summary: Dubai’s regulatory body granted provisional approval to OKX.The crypto exchange has bagged a virtual asset license and can offer...
Celo Halts Blockchain Hours As Validators Work on Identifying Issue
Celo has halted its blockchain, and validators are investigating the issue.Uniswap v3 was deployed on the Celo network hours before,...
European Central Bank hints at PoW-based crypto ban by 2025
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in...
Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for...
10 Top Crypto Gainers – PERP, GODS Lead the Chart
While the market is seeing a bearish sentiment, the crypto industry, in general, has experienced a surge in investments year...
The 1% Tax Deduction Provision in Indian Crypto Tax
While the Indian government officially banned cryptocurrencies in 2018, they have since been left to be regulated and legal. Non-fungible...
Richest Bitcoin Whale’s BTC Holdings Explode to Over $2,560,000,000 Amid Renewed Accumulation Frenzy
The richest non-exchange Bitcoin (BTC) whale continues to gobble up BTC as the largest crypto by market cap hovers near...
Mastercard partners with Indonesian crypto gateway to drive financial inclusion
Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in...
Everything You Need to Know About The Biggest Bitcoin Conference in UK
While the bear market managed to dent a few aspirations, the story for Bitcoin adoption is quite the opposite. The...
CoinShares CSO Predicts New Bitcoin Highs in 24 Months
Meltem Demirors, Chief Strategy Officer at CoinShares, believes that Bitcoin (BTC), the leading cryptocurrency, will hit new all-time highs during...
