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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
Ether Futures Market Discount Evaporates After the Merge
15.9.2022
The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge
Bitcoin Price Struggles, Ethereum Consolidates Ahead of Merge, CEL Rallies
15.9.2022
Bitcoin price failed to start a recovery wave above the $20,500 level. BTC is currently (02:50 UTC) consolidating near the $20,000 level. A downside break below $20,000 might start a major decline in the near term.
Similarly, most major altcoins are trading in a range. ETH is trading near $1,600...
Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge
14.9.2022
Investors remained cautious in the final hours before the much-anticipated event. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Volatility expected as $490M in ETH options expire shortly after the Ethereum Merge
14.9.2022
The outcome of the Ethereum Merge will be a primary price drive that dictates whether ETH bears profit from this week’s $490 million options expiry
Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday’s Merge Event
14.9.2022
Ethereum classic rebounded on Wednesday, following three consecutive days of declines. The token dropped below $40.00 earlier this week, and continues to trade below this level ahead of tomorrow’s merge event. On the other hand, Solana remained lower, with prices falling by over 8% today....
Emerging Markets Lead Global Crypto Adoption in Bear Market, Chainalysis Says
14.9.2022
The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading
Boom and bust: How are Defi protocols handling the bear market?
14.9.2022
A look at how DeFi protocols have fared during the recent bear market and the importance of continuing to build during market downturns
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
14.9.2022
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600....
Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker
14.9.2022
In addition to supporting Tron’s decentralized finance ecosystem, Wintermute will provide liquidity for major TRX trading pairs across multiple crypto exchanges, boosting the token's accessibility
‘Market will decide’ on post-Merge Ethereum ETPs, says crypto executive
14.9.2022
Offering two separate Ethereum ETPs after the hard fork would allow ETC Group to ensure the most transparent and fair approach, the founder said
China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan
14.9.2022
Analysts from JPMorgan believe that the metaverse gaming market could explode in China even with the current state of regulation, which presents certain difficulties for adoption. Companies like Tencent, Netease, and Bilibili are JPMorgan’s picks when it comes to taking advantage of this...
Bitcoin Price and Ethereum Struggle, CEL and RVN Surge
14.9.2022
Bitcoin price found support near the $20,000 level after a strong decline. BTC is currently (11:10 UTC) consolidating above $20,000. It could start a fresh increase if there is a clear move above $20,800.
Similarly, most major altcoins are consolidating near support zones. ETH is struggling...
Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report
14.9.2022
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic...
Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’
14.9.2022
Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally binding, the principles, according to the FSRA...
BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps
14.9.2022
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000
Bitcoin Price Revisits $20K, Ethereum and SOL Drop To Support
14.9.2022
Bitcoin price failed to stay above the USD 22,500 resistance zone. BTC declined nearly 10% and is currently (03:30 UTC) consolidating losses. If the price stays above USD 20,000, it could start a fresh increase.
Similarly, most major altcoins are declined and tested key supports. ETH declined over...
Bitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong
14.9.2022
Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s mining difficulty jumped another ​​3.45% higher on September...
Ordered Chaos: Why the CoinDesk Market Index Matters for the New Economy
13.9.2022
The CMI brings a clarity of vision that was previously lacking from the sprawling, opaque, poorly categorized crypto economy