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Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
20.5.2022
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...
MetaOasis AVAX Hackathon News Report
20.5.2022
PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will...
Bitcoin and Ethereum Hold Gains, Altcoins Accelerate
20.5.2022
Bitcoin price remained well supported above the USD 28,500 level and started a decent increase above the USD 29,500 resistance. It is currently (04:00 UTC) trading near USD 30,200 and is up 3% in a day and 4% in a week.
Similarly, most major altcoins are moving higher. ETH recovered losses...
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off
20.5.2022
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.” Microstrategy Sees Bitcoin as...
GameStop Jumps Into NFTs Just As The Market Collapses
20.5.2022
The NFT market, and other blockchain-associated grifts like cryptocurrency, are having a very bad month, as their perceived “value” evaporates and whatever actual monetary value they had falls through the floor. To which GameStop says: lol.Read more
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST
20.5.2022
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon...
Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain
20.5.2022
PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
19.5.2022
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering...
Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market
19.5.2022
A popular BTC price metric points to “extreme fear” in the market, but contrarian investors say multiple on-chain metrics suggest Bitcoin is in buy territory
Bitcoin sube por encima de $30K, con resistencia en $35K
19.5.2022
BTC muestra una sobreventa, aunque las condiciones comerciales han sido irregulares en los últimos días
Try topping this: PizzaDAO celebrating Bitcoin Pizza Day with 100 parties worldwide
19.5.2022
Twelve years to the day of the world's first Bitcoin pizza purchase, the celebrations still continue for what has become a slice of crypto culture
Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms
19.5.2022
Bitcoin (BTC) is declining less than altcoins, indicating a lower appetite for risk among traders. Meanwhile, global officials are calling for more crypto regulations
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
19.5.2022
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded...
Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15
19.5.2022
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens
Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry
19.5.2022
Bitcoin is holding the $30,000 level, but the $640 million in BTC options that expire on May 20 could result in the price visiting recent lows
Bitcoin Returns Above $30K, Resistance at $35K
19.5.2022
Bitcoin (BTC) is trading in a choppy range, although upside appears to be limited as the downtrend stabilizes. Countertrend signals could point to a relief rally in BTC and stocks, although it is too early to confirm
FTX US Launches Zero-Commission Equities Trading Platform
19.5.2022
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can...
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse
19.5.2022
PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity...
Analysts Divided on Near-Term Bitcoin & Crypto Outlook as Market Stabilizes
19.5.2022
With the Bitcoin (BTC) and crypto market appearing to stabilize after last week’s brutal crash caused by the collapse of Terra (LUNA), analysts are offering their takes on where the market may be headed next. And as usual, opinions are divided, with some predicting the bear market is “complete,”...