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Russian Ruble Crypto Trading Falls Again as Moscow Stock Market Opens, RUB Rises
24.3.2022
The stock market in Moscow opened again on Thursday after staying closed for a month following Russia’s invasion of Ukraine. Meanwhile, crypto trading with Russian rubles (RUB) continues to see falling volume on the largest international exchange, Binance....
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Will Bitcoin Countries Gain Superiority Over Fiat Countries?
24.3.2022
As the Crypto community celebrates the rise in its acceptance, many experts are still presenting contradictions. Replacing fiat currencies with an upcoming blockchain-based digital currency sounds like pure science-fiction. However, if things go well, then everyone may soon be transacting more with...
Ukraine Now Accepts Donations in 14 Cryptoassets
24.3.2022
The Ukraine government now accepts donations in 14 different cryptoassets, offering donors the option to choose between some of the most popular projects within the crypto market....
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Bitcoin and Ethereum Inch Higher, ADA and DOGE Rally
24.3.2022
Bitcoin price started a fresh increase above the USD 42,500 resistance zone and briefly traded above the USD 43,000 level. It is currently (04:26 UTC) trading near USD 42,850 and is up 2% in a day.
Similarly, most major altcoins are gaining momentum. ETH remained strong above USD 2,900...
Singaporean Court Recognizes Crypto as Property in Theft Case
24.3.2022
The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft....
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After a Scare, Spaniards Won’t Have to Declare their Overseas Crypto Holdings this Year
23.3.2022
“Chaos” could turn into farce in Spain – where it turns out that a controversial tax and asset declaration form will not apply to crypto after all. Or at least not this year....
Read More: After a Scare, Spaniards Won’t Have to Declare their Overseas Crypto Holdings this Year
Time to Legalize and Tax Bitcoin Mining in Russia, Say Deputy PM, Academic & Think Tank
23.3.2022
The voices calling for Russia to legalize Bitcoin (BTC) and crypto mining are continuing to grow louder, with the Deputy Prime Minister, prominent academics, and a leading economic think tank all suggesting that legislation should be rolled out in the near future.
RBC reported that the Russian...
Robinhood Unveils New Debit Card That Promises Bonuses For Crypto Investments
23.3.2022
Amid an intensifying competition for customers, the US online trading platform Robinhood has rolled out a new cash card that offers various rewards to its users, including crypto bonuses, with a waitlist available to the platform’s customers.
"The Cash Card builds on our mission to democratize...
Avalanche Announces Bitcoin Bridge, New Wallet; Coinbase Cloud Launches Avalanche Developer Tools Suite
23.3.2022
The Avalanche (AVAX) Bridge, which enables the transfer of ERC20 tokens from Ethereum (ETH) to Avalanche's C-Chain and vice versa, has expanded support for the Bitcoin (BTC) network, unlocking the opportunity for the trillion-dollar asset to join the Avalanche’s decentralized finance (DeFi)...
Crypto Banned as a Payment Method in Thailand, Trading Intact
23.3.2022
Thailand has banned the use of cryptocurrencies as a means of payment for goods and services in the country, saying that their use could threaten financial stability and the national economy.
According to a notice published on the website of Thailand’s Securities and Exchange Commission (SEC)...
El Salvador’s Bitcoin Bonds May Be Delayed Until September, Says Finance Chief
23.3.2022
El Salvador could push its bitcoin (BTC) bond issuance back as far as September, the nation’s Finance Minister Alejandro Zelaya has admitted – but a more imminent issuance is still on the table....
Read More: El Salvador’s Bitcoin Bonds May Be Delayed Until September, Says Finance Chief
Bitcoin and Ethereum Correct Gains, ETC Outperforms
23.3.2022
Bitcoin price extended increase above the USD 43,000 resistance zone and even climbed above USD 43,200, but there was no move above USD 43,500. It is currently (04:20 UTC) consolidating near USD 42,000.
Similarly, most major altcoins are also correcting gains. ETH tested the USD 3,050...
S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...
45% of Surveyed US Financial Advisors Expect to Use Crypto Per Clients’ Request
22.3.2022
About 45% of surveyed US financial advisors say they expect to use crypto in the future in response to client requests, according to a recent report released by financial research and consulting firm Cerulli Associates. However, 7% declare they currently use such assets based on their...
Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model
22.3.2022
A new report from the crypto-focused financial services firm BitOoda has reiterated a reduced hashrate projection for the Bitcoin (BTC) network for 2022, despite hashrate growth so far this year being stronger than expected....
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Cautious Optimism in Crypto Market as Bitcoin Tests USD 43K, but Brace for Choppy Weeks
22.3.2022
While optimism strengthened in the crypto market on Tuesday, after bitcoin (BTC) tested USD 43,000, and bullish sentiment remained in ethereum (ETH), some analysts warn that "choppy short-term movements may still continue." In either case, the recent bullish moves came despite comments from...
Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
22.3.2022
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for...
Crypto Donations To 'Freedom Convoy' Evade Government Seizure - Report
22.3.2022
Despite the efforts by the Canadian government, most of the CAD 1.1m (USD 874,000) worth of cryptoasset donations made to the trucker protests (aka "Freedom Convoy"), an initiative that evolved out of the anti-COVID-19 health mandate protests, have reportedly dodged seizure by...
Bitcoin (BTC) Shows Consolidation on Monthly Charts!
22.3.2022
Bitcoin has become an outstanding example of quality development over time. In recent years, BTC has tested multiple highs and lows, but its rise from four digits to five digits has been extraordinary. Bitcoin analysts have considered it more of a storage value over a utility token. Since many...
Panama Eyes Bitcoin & Crypto to Spark Tech Investment
22.3.2022
Bitcoin (BTC) and crypto adoption on a state level may soon extend beyond El Salvador, with politicians elsewhere in the Americas – and even one European royal – mulling moves that could see the cryptocurrency brought into their financial systems in some form or other....
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