Gas fees on Ethereum are falling, and it’s currently at a six-month low, says Arcane Research. In its new report, the blockchain analytics company revealed that the seven-day average of Ethereum transaction fees had been the lowest since August 2021. A more cursory look at the data would show that it has been dropping since …
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Today, Bitcoin climbs to $42,300 following positive sentiment over the Biden Administration’s executive order on digital assets. While this is a far cry from November’s $69,000 all-time high, it still brings welcome relief to investors who have faced huge uncertainties over the last five months. The executive order will bring about a cryptocurrency framework, which …
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As the conflict between Ukraine and Russia continues, the crypto community support for Ukraine has also been growing. On Tuesday, the popular NFT collection, Bored Apes Yacht Club, donated $1 million to the official Ethereum address of Ukraine. Bored Ape donates $1 million According to the community, after seeing several members of its community donate …
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Copernic Space recently joined forces with AdShares, a blockchain-based protocol dedicated to digital advertising, in a bid to usher true space assets and experiences into the Metaverse. Built to carry vast amounts of advertising microtransactions, AdShares enables direct contracts between publishers and advertisers without intermediaries. A Decentraland advertising partner Copernic Space, a Web3 marketplace for …
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Privacy coins have surged, with Monero posting +18% gains over the last 24-hours to lead the top-100. Similarly, Zcash posted an impressive performance, coming second ahead of Secret. Top Privacy Coins (Source: CryptoSlate) The last 24-hours have seen $108 billion of inflows into crypto markets. The chart below shows a gradual uptick from 22:00 (GMT) …
Continue reading “Privacy is back on the agenda: Monero and Zcash surge on executive order leak”
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s …
Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s largest cryptocurrency snapping a six-day losing streak. Following a low …
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Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see stocks heal after the last two days of significant capitulation. However, the S&P 500 index is showing an ominous death cross ahead, which means the …
press release PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely increasing the reporting needs for …
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The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work mining. Economic and Monetary Affairs Committee to Vote on Latest MiCA Draft on March …
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Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a …
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of …
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani Central Bank Governor’s Stance on Crypto The governor of the State Bank of Pakistan …
sponsored BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022 alone. Global crypto market cap is now over …
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Sygnum announced on March 8th that it has secured approval from the Monetary Authority of Singapore to expand the repertoire of its services. Sygnum Singapore has been operating in the country under a capital markets license and mainly offers fund management related to digital asset investments. With the new approvals, it will be able to …
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