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Bitcoin and Ethereum Struggle, SAND and EGLD Rally
23.11.2021
Bitcoin price attempted recovery wave above the USD 58,000 level. However, BTC failed to gain strength and struggled above USD 58,500. As a result, there was a fresh bearish reaction, and the price is currently (04:58 UTC) trading below USD 57,000.
Besides, most major altcoins are showing bearish...
South Korean Crypto Exchange Heavyweight Bithumb Gains Operating Permit
23.11.2021
The last of the South Korean “big four” crypto exchange platforms – Bithumb – has finally received an operating license from the nation’s financial regulator, the Financial Intelligence Unit (FIU).
Bithumb had submitted its application to the FIU ahead of the latter’s September 24 deadline....
Invesco Joins Bitwise in Blaming the SEC for Decision to Withdraw ETFs
22.11.2021
The American exchange-traded fund (ETF) issuer Invesco has for the first time revealed the reason for its surprise decision to pull out of the race to bring a bitcoin (BTC) futures-backed ETF to the market - and just like its competitor Bitwise Asset Management, the firm has blamed the rules from...
El Salvador Planning Bitcoin City & $500M of $1b BTC Bond
22.11.2021
Earlier this year, El Salvador made history by announcing the first legal Bitcoin tender in the world. The crypto nation has followed the momentum to announce the world’s first Bitcoin City. President Nayib Bukele talked about the city during his presentation at Bitcoin Week. The country plans...
Russian Senate Finance Chief Says Crypto ‘Probably Has a Future’
22.11.2021
Russia’s upper house, the Federation Council, is monitoring crypto – but a key politician claims that tokens may “have a future.”
Speaking to Ura.news, the deputy chair of the Federation Council’s Committee on Budget and Financial Markets Elena Perminova, stated:
“Cryptocurrencies today seem...
TomiEx: Five Facts About Bitcoin
22.11.2021
Bitcoin is the first cryptocurrency that was released in 2009. It was invented by a person or a group of individuals under the name of Satoshi Nakamoto. At least the white paper that was published in 2008 was signed under this name. The idea of the first cryptocurrency was based on blockchain...
El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
22.11.2021
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with...
Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto
22.11.2021
Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda.
As part of the deal, Lydia will integrate Bitpanda’s digital asset investment product, dubbed 'White Label...
Bitcoin and Ethereum Resume Decline, AVAX Flips DOGE
22.11.2021
Bitcoin price attempted a fresh increase above the USD 60,000 level. However, BTC failed to gain pace and started a fresh decline below USD 58,500, dropping 3% in a day. It is currently (04:32 UTC) trading below USD 57,500 and there could be more downsides in the short-term....
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Ruling South Korean Party Makes Pro-Crypto Policy U-Turn
20.11.2021
The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry....
Read More: Ruling South Korean Party Makes Pro-Crypto Policy U-Turn
Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
19.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto
19.11.2021
America’s central tax body, the Internal Revenue Service (IRS) has stated that it expects crypto worth billions of dollars could be seized again next year.
Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as stating:
“I expect a trend of crypto seizures to continue as we move...
BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong
19.11.2021
A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours.
At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6%...
Hillary Clinton Argues Crypto Could Destabilize Nations, Currencies
19.11.2021
Former US Secretary of State and Democratic presidential candidate Hillary Clinton has joined the ranks of political leaders who seem worried about cryptocurrencies’ potential impact on nations - claiming they had the power to destabilize nations and their currencies.
Speaking via video at a panel...
Bitcoin and Ethereum Plunge, MANA and SAND Rally
19.11.2021
Bitcoin price failed to clear the USD 61,200 resistance. As a result, BTC started a fresh decline below the USD 60,000 and USD 58,500 support levels. It is currently (04:17 UTC) down 6.7% and is trading near USD 56,000.
Similarly, most major altcoins are sliding. ETH is down 6.4% and traded below...
Bitrefill Lets El Salvadorans Pay All Accounts with BITCOIN
18.11.2021
Bitrefill is a well-known business among the Bitcoiners allowing them access to over four thousand gift cards by paying through BTC. Earlier this year, they partnered with Salvadoran startup Hugo App to enable Bitcoin exchange for Hugo’s wide range of goods and services. The ability to...
Canadian Youth Arrested Over USD 36.4M Crypto Theft
18.11.2021
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...
Modi Says Bitcoin in the ‘Wrong Hands’ Can ‘Spoil Our Youth’ as India Readies a CBDC
18.11.2021
The world of crypto has been left bemused (and in some cases thoroughly amused) by unexpected comments made on bitcoin (BTC) and crypto regulation from the Indian Prime Minister Narendra Modi.
In a virtual address at the Sydney Dialogue, Modi stated that “democratic nations should work together...
Argentina U-Turns On Crypto Tax With New Regulation
18.11.2021
In an abrupt U-turn on an earlier stance adopted by the country’s authorities, the Argentinian government has released a decree that imposes a tax on credits and debts on transactions involving cryptoassets. The regulation was published on November 17, and the measures entered into force on...
Bitcoin Holds Ground, Ethereum and Altcoins Gain Momentum
18.11.2021
Bitcoin price found support near USD 58,500 and recovered. BTC is back above USD 60,000 and is currently (04:23 UTC) consolidating. A close above USD 61,200 could push the price towards the USD 62,500 resistance zone.
Besides, most major altcoins are gaining bullish momentum. ETH is up 5% and...