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Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
26.11.2021
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between...
BAT price hits new high after 30% daily rally as Basic Attention Token bucks crypto downtrend
26.11.2021
However, BAT saw profit-taking sentiment at its new price top, suggesting more downside is possible
Russian Parliament Sets Up Working Group on Cryptocurrency Regulations
26.11.2021
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining...
Crypto Trading Volumes Are Shifting to Decentralized Ecosystems; Can Centralized Exchanges Keep Up?
26.11.2021
The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap...
Next German Government Calls For Crypto Regulation, Blockchain Investments
26.11.2021
Two months following the country’s general election, three German parties agreed on a program to be implemented by their forthcoming coalition government - and the produced document includes a call for stronger supervision of crypto assets by the European Union’s institutions. ...
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8 Best Crypto Trading Bot of 2021 – Pionex
26.11.2021
The Overview of Crypto Trading Bots Crypto trading bots are software programs that are programmed to trade on financial markets. They can make profits by following specific predefined rules which can detect patterns in the market. Bots are becoming increasingly popular in financial trading. There...
Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M
26.11.2021
Bitcoin price action sees its lowest levels since the second week of October after a hefty $5,000 red daily candle
Selling Hits Crypto Market Again as New COVID Variant Spooks Traders
26.11.2021
Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.
At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price...
Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges
26.11.2021
Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...
New German government cites crypto in coalition agreement
26.11.2021
The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
26.11.2021
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There...
Thai lawmakers urged to approve tourism crypto to entice digital nomads
26.11.2021
The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures
Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
26.11.2021
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin...
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
26.11.2021
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto...
Australian Tax Office says it can't rely on crypto users' own records
26.11.2021
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
26.11.2021
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption...
South Korean Parliament Tries to Push Through Crypto Tax Delay, Gov’t Fights Back
26.11.2021
The South Korean government is on a collision course with lawmakers on both sides of the National Assembly on the issue of crypto tax.
The matter has become a political hot potato – or perhaps more accurately, a political hot mess – in recent months. ...
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Bitcoin Dominance Slides Below 40% for First Time in 6 Months
25.11.2021
During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...
Russians transact $5B in crypto each year, Bank of Russia says
25.11.2021
Though Russia has become a global leader in the crypto market, the Bank of Russia is still skeptical about Bitcoin
Crypto Thanksgiving: NFT drops and Black Friday deals go mainstream?
25.11.2021
Holiday-themed NFTs and Black Friday crypto deals are sure to be appetizing conversation starters this Thanksgiving, but how will these offerings be received?