The United Kingdom’s current regime has presented legislation to combat fraudulent money transactions, specifically by broadening the authorities’ capability to target virtual currencies used for illegal purposes. The United Kingdom government announced on Thursday that legislators had presented the Economic Crime and Corporate Transparency Bill in Parliament as an aspect of attempts to push dirty …
Continue reading “UK’s new bill seems to target fraudulent activities in crypto”
After weeks of postponements, the Cardano Vasil update and hard fork went live this Thursday at 9:44 p.m. UTC, making more significant achievements and potential improvements to the public ledger. On Thursday, cryptocurrency business Input Output Hong Kong (IOHK) declared the victory of Cardano’s mainnet phased implementation on Twitter. In contrast, others watched the hard …
Continue reading “Cardano Vasil’s update was released with many enhancements for its blockchain”
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan …
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The British government has presented the Economic Crime and Corporate Transparency Bill to Parliament that will “make it easier and quicker” for law enforcement agencies “to seize, freeze and recover crypto assets.” The government stressed: “We must ensure that law enforcement agencies have the right legislative framework in place to recover criminals’ crypto assets.” UK’s …
Crypto exchange Coinbase has received approval to offer its full suite of retail and institutional crypto products and services in the Netherlands. “We have taken strides to work collaboratively with government, policymakers, and regulators to shape the future in a responsible way,” Coinbase said. Dutch Regulator Approves Coinbase The Nasdaq-listed cryptocurrency exchange Coinbase (Nasdaq: COIN) …
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The recent FOMC meeting that was concluded on Wednesday ended the upward movement of Ether, and so was the case with Bitcoin. The coins, however, got back to being volatile post that, but the decisions taken in the latest FOMC meeting will have far-reaching effects in the long run, and investors would not bother a …
Continue reading “FOMC’s September Meeting Triggers Volatility in the Bearish Crypto Market”
The Nasdaq (National Association of Securities Dealers Automated Quotations) Stock Market is the second largest stock market by market capitalisation only behind New York Stock Exchange. It recently launched a new unit which deals with digital assets to cater to institutional investors. Nasdaq hired Ira Auerbach to run a new digital division to deal with …
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The current situation of the cryptocurrency market has been extremely unspeculative. While there are several parties who claim that the price may go up or down, it is evident that the market has been extremely volatile, and has been making unexpected moves in recent days. Since the crash last year, BTC, the front-runner cryptocurrency has …
Continue reading “A slight increase in American cryptocurrency investors recorded”
The Bitcoin price is now trading below the $19,000 level after the bulls failed to defend the coin at the aforementioned level. Over the last 24 hours, BTC fell by 1.2%, indicating that the coin was laterally trading. In the past week, the Bitcoin price has depreciated 6%. Buying strength continued to remain low on …
Continue reading “Bitcoin Price Slips Below $19,000, Vital Trading Levels To Look Out For”
With the decline in the price of bitcoin, there has been a lot of selling from investors. This sell-off trend has contributed to the further decline of the digital asset’s prices in recent times. However, as the bear run continues, there has been a marked reduction in the amount of BTC being sold off by …
Continue reading “Number Of Bitcoin Addresses Sending BTC To Exchanges Continues To Drop”
The outlook of the general crypto market hasn’t been very encouraging in recent times. This week saw most coins losing their daily and weekly price gains. For instance, Bitcoin stayed red in both daily and weekly price gains. Currently, its 24-hour price is showing a drop of 1.83%. But the 7 days movement shows a …
Continue reading “Chiliz (CHZ) Leads The Market By Adding Over 30% A Week In Bear”
This week has been eventful in the crypto market. Many cryptocurrencies have recorded massive losses since Monday, September 19. The Merge on September 15 kickstarted another downtrend for crypto prices. Afterward, CPI data made the feds hike the interest rate by 75 basis points, sending assets price downwards. Related Reading: Bitcoin aSOPR Profit-Loss Junction Continues …
Continue reading “Algorand (ALGO) Undermines Crypto Bloodbath, Adds Over 27% In A Week”
The price of COMP remains above the daily 50 EMA as it approaches $80. Price remains bullish, holding above key support areas COMP price ranges in an asymmetric triangle with high buy orders. The Compound (COMP) token price has recently been volatile as price ranges in an asymmetric triangle prepare for a breakout to a …
Continue reading “Compound Prepares For A Major Rally To $80, Here Is Why”
Digital asset manager CoinShares says Bitcoin (BTC) is not likely to see a big impulse to the upside for at least the remainder of this year. In a new bi-weekly report, CoinShares says that the US dollar index (DXY), which pits the USD against a basket of other fiat currencies, may have more gas left …
Charles Hoskinson says many projects are preparing to launch on the Cardano (ADA) blockchain after its Vasil hard fork upgrade. Hoskinson, the Cardano co-creator, says in a tweet that there are hundreds of projects announcing they will advance using ADA’s new capabilities become available to developers next week. “I’ve seen hundreds of tweets like this …
