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Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market


The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...

Nigerian Central Bank: We Are Not Worried About the Naira’s Valuation


The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but is instead interested in “boosting dollar supply on the currency market.” Naira Depreciation According to...

Bitcoin, Ethereum and Major Altcoins Stuck Below Resistance


nk" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH failed to clear USD 3,550 and it is now trading below USD 3,500. XRP made an attempt to settle above USD 1.12, but failed. ADA is facing resistance near USD 2.50 and USD 2.55.Total market capitalization

CoinFLEX Announces Its Major Milestones of 2021


PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars. The increase in trading volumes and market liquidity are indications...

Solana (SOL) Outperforms Even the Profit Booking Market!


Solana cryptocurrency seems to have outperformed the broader market even when most of them fell to selling pressure. Whether the issue rose from the transaction complications faced at multiple trading platforms or because of a pre-planned selling strategy, Solana weathered the selling pressure...

Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset


After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K...

Liquidations Spike as Crypto Market Corrects


eum/">ethereum (ETH) had dropped by 5% to trade at just over USD 3,700.The sudden price drop appears to have taken crypto derivative traders by surprise, with a clear spike in liquidations of “long” positions of all cryptoassets seen across exchanges. Long liquidations reached more than U

Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil


Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market...

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