Cryptocurrency exchanges based in Canada are imposing an annual buy limit of 30,000 CAD for restricted coins. The limit that applies to Ontario-based users has been imposed to protect consumers as Canadian regulators continue to tighten the crypto regulatory framework. Ontario exchanges impose a 30,000 CAD buy limit The two exchanges that have enforced this …
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The European Central Bank has said that launching a government-controlled digital currency, popularly known as a central bank digital currency (CBDC), was the “only solution” to guarantee a smooth continuation of the monetary system. ECB says CBDCs will guarantee continuation of the monetary system The ECB’s remarks were part of the Working Paper Series by …
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The cryptocurrency community has been active in helping Ukraine with aid to assist it in its military efforts. The Aid for Ukraine has received overwhelming crypto donations, with $54 million worth of crypto supporting the Ukraine military. $54M worth of crypto funds used to buy military gear The $54 million worth of humanitarian aid has …
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A widely followed crypto analyst and trader is predicting that meme token Dogecoin (DOGE) could be headed toward a major rally. The pseudonymous analyst known as Smart Contracter tells his 210,500 Twitter followers that Dogecoin could be on the cusp of a massive rally after witnessing a multi-month downtrend and breaking out of sideways accumulation. …
Bitcoin (BTC) shifted higher on Aug. 18 as the latest data confirmed the European Union’s highest ever inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Support and resistance close in on BTC spot price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $23,500 at the time of writing, having preserved $23,000 as support …
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David Schwartz, the chief technical officer of Ripple, didn’t take Ethereum co-founder Vitalik Buterin’s dig on XRP very kindly. In a discussion that started around the recent $30,000 limit imposed by the Ontario crypto exchange on altcoins purchases barring Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Buterin, in a quoted response to a tweet, …
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Interoperability protocol Celer Network (CELR) has asked its users to revoke the approval for several contracts after shutting down its cBridge over a suspected DNS hijacking. According to the project’s initial analysis, there was some suspicious DNS activity at around 7 PM (UTC) on Aug. 17. However, the platform is still trying to investigate and …
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After DOGE has been able to sustain its bullishness for a significant length of time. The bulls went on a break to catch their breath. However, it appears as if the break has paid off, as bullishness is gradually setting into the market once more. DOGE Forecast Statistics Data: DOGE Current Price: $0.08160 DOGE’s Market …
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The Zcash (ZEC) shows that the bulls are beginning to restart the uptrend after trading below the 9-day moving average. Zcash Prediction Statistics Data: Zcash price now – $76.27 Zcash market cap – $1.1 billion Zcash circulating supply – 15 million Zcash total supply – 15 million Zcash Coinmarketcap ranking – #49 ZEC/USD Market Key …
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The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTs The initiative has been launched to curb malicious activities on Phantom and bolster its security up a notch Solana blockchain-based Phantom wallet is amping up its security features by launching a new mechanism called “Burn NFTs” on its platform. …
Numbers from Glassnode show that the rising Bitcoin (BTC)price has led to a slowdown in miners selling off their BTC as mining difficulty has seen back-to-back increases of 1% since the beginning of August. “BTC Transfer Volume from Miners to Exchanges” (Source: Glassnode) Miner liquidations started right after the Luna crash in May. The chart …
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Ethereum co-founder Vitalik Buterin commended community members for speaking out against new Canadian rules limiting crypto buys. Glad to see Ethereum people pushing against regulations that privilege ETH over other legitimate cryptocurrencies. (I have not dug into the details of what specifically is going on and to what extent it’s a gov thing vs a …
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Optimism’s (OP) token shed over 9% of its value in the last 24 hours after the team made an unannounced transfer of $450 million worth of the tokens from its multi-signature wallet. We’re seeing some confusion about recent transfers of OP out of a multisig. This is expected—today we executed a series of planned standard …
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Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. It’s a hypothetical we hopefully won’t actually face. But if we did we’d go with B i think. Got to focus on the bigger picture. There may be …
Meta, the social network company, has expanded the services of its flagship metaverse app, Horizon Worlds, to Spain and France. This move is part of the expansion plan of Meta to offer these services to more countries in Europe this year. While the app was available as an invite-only service in 2020, it just opened …
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