The regulatory situation in the crypto industry continues to stagnate as lawmakers still struggle to come up with a set of laws and rules that would ensure regulatory clarity. More than that, their time is running short, as New Jersey Representative Josh Gottheimer recently noted. Crypto industry needs regulatory clarity as soon as possible After …
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The crypto industry has seen a growing rate of adoption despite the market crashes, especially in East Asia. The adoption is growing to the point where crypto projects are rapidly seeking partners, while non-crypto companies are quite interested in various offers. One local crypto project, Klaytn, recently came up with a deal that it offered …
Continue reading “South Korean crypto project offers a unique deal to gaming firms”
A popular F1 team, McLaren Racing, decided to surprise fans around the world yesterday by revealing a brand new look for its cars, a mere week before the start of the Grand Prix. The team, currently in Singapore, where it awaits the start of the Grand Prix, revealed that its racing cars are now going …
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Binance has surprised the crypto world yet again, this time by reportedly looking for a way back into the Japanese crypto market. The company decided to leave Japan about four years ago now due to the country’s regulators cracking down on the exchange after detecting that it has been offering its services to the local …
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The cryptocurrency industry has fetched a lot of negative media in 2022, causing prices to plunge even further in an already existing bear market. Surely, some projects managed to withstand this and keep on building their infrastructure by taking this period as an opportunity. Dedicated communities of these projects too, played a vital role in …
Continue reading “Can LUNC break its all-time high after the recent bounce?”
Ethereum’s successful network merging is a major milestone for Web3 and open-source software. The move away from the proof-of-work consensus mechanism and toward the proof-of-stake consensus mechanism, which uses far less energy, has been widely praised for improving the long-term viability of cryptocurrency networks. The network merging prevents an oncoming crisis for Ethereum, despite the …
Continue reading “Everything You Need To Know About Ethereum’s Atomic Composability”
New taxation regulations are expected to drive many consumers away from the market, leading to a sharp decline in cryptocurrency use in India in the second half of the year. There is growing regulatory uncertainty as a result of the Indian government’s decision to levy a 30% capital gains tax on cryptocurrency investments in the …
Continue reading “What’s Causing India’s Crypto Ranking to Plummet?”
Bitcoin failed to sustain the much anticipated $20,000 level after recent highs elicited some hope. On September 27, the cryptocurrency crossed the mentioned resistance level only to fall below the mark a day later. Before the recent spike, the largest cryptocurrency by market capitalization was trading well under the $19,000 level and has been hovering …
Popular crypto analyst Jason Pizzino predicts further losses for the altcoins market even after its valuation already plunged from a peak of over $900 billion in late 2021 to around $200 billion currently. In a new video, Pizzino tells his 276,000 YouTube subscribers that the current $221 billion market cap of crypto assets, excluding Bitcoin …
Continue reading “Crypto Analyst Warns Altcoins Could Crash by Up to 60% More – Here’s the Timeline”
The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will provide 1 million euros, or about $961,000, in funding over the next five years to rescue the famous sculpture depicting the symbol for the …
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The Caribbean region is in a tough situation for banking. The 35 nations comprising the region face challenges common to many tiny economies, such as dollarization and dependence on foreign trade and remittances. In addition, the increasingly common banking practice called de-risking is taking a heavy toll. So, it is probably no coincidence that the …
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Members of the decentralized autonomous organization (DAO) called Ooki DAO have started looking into an appropriate response to the charges filed by the United States Commodities Futures Trading Commission (CFTC). On Sept. 22, the CFTC announced a $250,000 penalty and settlement with bZeroX, the creators of the decentralized lending platform bZx protocol which suffered from …
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The Bitcoin (BTC) price prediction is currently consolidating and seems to be preparing for the next move above the $19,500 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,421 Bitcoin market cap – $372.3 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term …
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After fears of a recession in developed economies like the United States and Europe were triggered, the trading of cryptocurrencies has been erratic, mirroring the weak performance of global stocks. Everyone involved in the cryptocurrency industry, from investors to traders to developers, has felt the sting of the current bear market. From their all-time high …
Continue reading “Volatile Action of Last Week’s Cryptocurrency Market”
The EOS price prediction shows that the coin is likely to cross above the 21-day moving average to continue the upward trend. EOS Prediction Statistics Data: EOS price now – $1.19 EOS market cap – $1.1 billion EOS circulating supply – 1 billion EOS total supply – 1 billion EOS Coinmarketcap ranking – #44 EOS/USD …
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