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Binance suspends trader's account after complaints on Twitter
10.12.2022
Binance CEO Changpeng Zhao said the firm doesn't want to service "unreasonable" clients
Biggest Movers: UNI Higher, DOGE in Red on Saturday
10.12.2022
Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday as traders attempted to find a stable...
Here’s what makes SmarterWorx (ARTX), Fantom (FTM), and Celo (CELO) long-term investment winners
10.12.2022
Since the launch of Bitcoin in 2009, thousands of crypto coins have been created. These coins all have unique value propositions. However, several of them have emerged as clear winners for long-term investment. Here is a look at the top three options that make the cut. SmarterWork (ARTX) When...
What is spot trading in crypto and how does it work?
10.12.2022
In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Bahamian attorneys pursue access to FTX data of international customers
10.12.2022
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...
Data shows the Bitcoin mining bear market has a ways to go
9.12.2022
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations
Analysts single out Oryen Network (ORY), Mask Network (MASK), and Fantom (FTM) for the next bull run
9.12.2022
The crypto bear cycle might be coming to a halt across various crypto projects, and one thing is for sure, 2022 has had its ups and downs. Market analysts, through on-chain analysis, single out incredible projects like Oryen, Mask Network, and Fantom for the next bull. Taking the lead is Oryen,...
FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'
9.12.2022
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
9.12.2022
The new disclosure page allows skeptical users to self-verify that their assets are included in the report
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
Millionaire discloses crypto gems: SmarterWorx, STEPN, and Radix
9.12.2022
The peak of the last bull market saw a rise in the number of crypto millionaires. Experts predict that the number will increase further at the onset of the next bull market. Although not clear when the bull market will resume, interesting projects in the DeFi space are revolutionizing the financial...
BudBlockz (BLUNT) to outperform Chainlink (LINK) in coming months, crypto analyst says
9.12.2022
BudBlockz (BLUNT) is an upcoming new cryptocurrency-powered platform that makes it easy to trade marijuana. The $BLUNT token is available on presale and has generated much interest among cryptocurrency enthusiasts. Many analysts have predicted that the $BLUNT token could soon surpass and generate...
XRP Price Prediction as XRP Pumps 4% – How High Can it Go?
9.12.2022
XRP, the cryptocurrency that underpins Ripple’s global blockchain-based payments system, was last trading lower by just over 1.0% on Friday, having pulled back from weekly highs in the $0.3950 area to trade around the $0.3900 level. That still leaves the cryptocurrency higher by about 4.2% versus...
What is stagflation, and how could it impact the cryptocurrency markets?
9.12.2022
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
9.12.2022
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU...
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...