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Russian Finance Ministry Says Crypto Regulation Compromise Coming ‘Within a Month’
2.2.2022
Moscow has also set itself a new deadline on crypto regulation, claiming that it will broker a consensus on the matter “within the space of a month.”
“Everything is happening actively in the government. I think that some kind of decision will be taken quickly. My expectation is that [the...
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
2.2.2022
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows...
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
2.2.2022
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much...
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation
2.2.2022
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto...
Meta Joins the Crypto Open Patent Alliance to Support Open Source Technology
2.2.2022
Meta has decided to join the Crypto Open Patent Alliance (COPA), vowing to start making its fundamental crypto patents available to all. Among those who have joined the group are Coinbase, Uniswap, Kraken, Block, and MicroStrategy. Meta, the parent organization of Facebook, has also decided to join...
India Still Debates Crypto Regulation - Finance Secretary
2.2.2022
Crypto regulation in India is still an ongoing debate, the country’s Finance Secretary T. V. Somanathan stressed, noting that, for now, cryptoassets are not illegal and are treated as gambling.
“The government’s approach is to consult widely and also to look at what’s happening...
Solana Pay Ushers in New Payments Era
2.2.2022
Solana has released a new blog that illustrates its vision for a new and improved payment system for digital currencies. The blog post brings an anecdotal depiction of how the system would bring a mutually beneficial environment. The system would adopt the means currently used by fiat money...
Another Case for Bitcoin as Lebanon Reportedly Targets Depositors’ Fiat
2.2.2022
Lebanon allegedly plans to forcibly convert foreign currency holdings to its floundering pound (LBP), once again building a case for Bitcoin (BTC).
Earlier this week, Reuters reported that it had seen a government “blueprint” plan designed to fight the ongoing financial crisis. The plan,...
FTX acquires Japan's FCA-licensed crypto exchange Liquid
2.2.2022
As a part of the deal to comply with Japanese laws, FTX's Japanese users will be moved Quoine's trading platform
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage
2.2.2022
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have used crypto assets and failed to report these activities,...
Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch
2.2.2022
PYR regained its bullish momentum after the launch of the Elysium testnet and the limited release of digital land plots in the VulcanVerse
3 reasons why QuickSwap (QUICK) price spiked by 50%
2.2.2022
QUICK price gained 50% shortly after a partnership with CelsiusX proves that the platform is serious about bridging the gap between DeFi and CeFi
Notorious YouTube Streamer Stole $500,000 From Fans In Crypto Scheme (And Won't Give It Back)
1.2.2022
Paul “Ice Poseidon” Denino, a former Twitch star who now streams on YouTube after the Amazon-owned platform banned him in 2017, was caught in a flagrant crypto scheme in which he took some $500,000 from his fans…and kept most of it. Crypto bros are the worst. This scam, uncovered by YouTuber...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
1.2.2022
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects...
$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
1.2.2022
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
1.2.2022
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these...
Can Ethereum price reach $4K after a triple-support bounce?
1.2.2022
A combination of multiple support levels, including a 21-month exponential moving average, helped ETH price rebound by nearly 30% from its local bottom
Bitcoin Is 'Fundamentally Different' From Other Cryptos, Unlikely To Be Replaced - Fidelity
1.2.2022
Bitcoin (BTC) is fundamentally different from any other digital asset and no other digital asset is likely to improve upon bitcoin as a monetary good, according to digital asset-focused financial services provider Fidelity Digital Assets....
Read More: Bitcoin Is 'Fundamentally Different' From...
Flint Launches High Annual Crypto Returns On Solana Without the Volatility
1.2.2022
Passive crypto investment gateway Flint will enter its beta stage to let anyone easily access passive returns on their stablecoins. Returns can be as high as 13% per annum, and there are no specific time requirements for locking up funds. Passive income is a dream for many cryptocurrency...
Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high
1.2.2022
Big investors are betting big on Bitcoin price strength, but the same cannot be said for the average exchange user