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Mass adoption will be terrible for crypto
11.10.2022
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape
Shiba Inu and Bone ShibaSwap Whales Moving Price Action As The Hideaways (HDWY) Gain 450%
11.10.2022
Shiba Inu (SHIB) and its governance token, Bone ShibaSwap (BONE), are seen swimming with the whales after massive price drops in September. SHIB regained its spot as the most widely held cryptocurrency among the top 100 Ethereum whales. On October 6, BONE experienced a sharp increase of 205%...
Portugal Makes U-Turn On Crypto-Friendly Taxes
11.10.2022
Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year....
Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes
Leverage The Current Bear Market To Purchase Moshnake, Cardano, And WazirX For Cheap
11.10.2022
The current cryptocurrency bear market has been harsh, no doubt. However, many crypto enthusiasts see it as a perfect time to buy more crypto—like the new cryptocurrency, Moshnake (MSH) — in preparation for the good days ahead. Moshnake is coming to the crypto coin market with special offerings...
IPA Approval Enhances Coinbase’s March Towards Crypto Economy
11.10.2022
Coinbase has received In-Principle Approval to act as a Major Payment Institution and offer regulated Digital Payment Token services & products. The In-Principle Approval has been granted by the Monetary Authority of Singapore, allowing the venture to strengthen the fintech position...
Will Dogecoin be Able To Sustain After Big Eyes Coin’s Unprecedented Presale Success?
11.10.2022
Meme coins have proved to be valuable in the past. One clear example is Dogecoin’s (DOGE) phenomenal numbers in May 2021. The coin that was launched as a joke has made millions of dollars for many investors. And the biggest cheerleader was Elon Musk. He pumped the token to a level that it...
Portugal proposes 28% tax on annual crypto trading profits next year
11.10.2022
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition
Ripple (XRP), Dogecoin (DOGE), and Snowfallprotocol.io (SNW) Dead Set to Breach the $1 Mark?
11.10.2022
Almost every crypto investor who missed the big train that was bitcoin keeps searching for the next big break that can turn them into a crypto millionaire. The trick is to find a crypto token early in its growth trajectory and latch onto it for the bumpy ride. And yes, you can bet your top …
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today
11.10.2022
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns bitcoin, the famed hedge fund manager revealed that he “always” has a small...
Customer support staff swamped during market swings — exchange execs
11.10.2022
Binance Australia's CEO says it is imperative that customer support is ready for a large influx of customer inquiries at any moment
Sam Bankman-Fried announces efficiency updates to FTX
10.10.2022
The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO
Venom Foundation Is Boosting MENA Crypto Adoption
10.10.2022
Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
ZebPay Applies for Regulatory License in Singapore, Plans for UAE
10.10.2022
ZebPay, an India-focused cryptocurrency exchange, recently applied for an operational license in Singapore. The platform has also planned to perform the same in the United Arab Emirates. The development comes to light amidst a sharp trading volume dip, which goes as high as 90%. The move is viable...
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
10.10.2022
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale...
Elon Musk Backs Dogecoin, Who Could Endorse Big Eyes Coin in its Infancy?
10.10.2022
Dogecoin has become the staple cryptocurrency that everyone knows. Regardless of anyone’s preexisting knowledge of crypto, the king of the K-9s has the support of the world’s wealthiest man. What effect did Elon Musk’s overt support of Dogecoin have on its price action? Could this be replicated...
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
10.10.2022
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...