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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners
1.10.2022
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners...
Crypto is Thriving Through Offshore Corporate Structures
1.10.2022
Marc Piano, Senior Associate at global offshore law firm Harneys, is a member of the Investment Funds, Corporate, and Banking & Finance teams in the Cayman Islands office. Phil Graham, Partner at Harneys, is global head of the Investment Funds and Regulatory groups and head of the transactional...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Binance Officially Launches Crypto Exchange in New Zealand Following Regulatory Approval
1.10.2022
Binance has officially launched a cryptocurrency exchange in New Zealand after successfully registering with the country’s financial regulator. “We see significant value in having a serious New Zealand presence,” said Binance CEO Changpeng Zhao (CZ). Binance Launches Crypto...
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown
1.10.2022
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies...
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
30.9.2022
Tune out the noise and focus on the signal. 5 important BTC price indicators are in multi-year “buy zones.”
Paraguayan Senate Rejects Presidential Veto to Cryptocurrency Bill
30.9.2022
The Paraguayan Senate has decided to reject the total veto that President Mario Abdo exerted over a proposed cryptocurrency bill on September 2. The Senate defended the initiative, stating that passing the bill would benefit the country due to its effect on tracking the energy consumption of crypto...
Crypto Biz: The Voyager Digital auction is over. What now?
30.9.2022
FTX US was the successful bidder in the Voyager auction. But, one industry insider tells Cointelegraph that the deal didn't have depositors' best interest in mind
Binance launches New Zealand-based offices following regulatory approval
30.9.2022
New Zealand lawmakers and regulators largely have not imposed strict guidelines for crypto firms to operate in the country, nor for Kiwis to use cryptocurrencies freely
Biggest Movers: XRP Rebounds on Friday, Nearing Recent Highs
30.9.2022
Xrp was up by nearly 10% on Friday, as the token moved closer to a recent four-month high. The move comes as consumer sentiment data in the United States came in at 58.6, which is higher than August’s reading of 58.2. UNUS SED LEO was also in the green, climbing by as much as 12% […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate Ahead of U.S. Consumer Sentiment Data
30.9.2022
Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum...
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
30.9.2022
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...
Bitcoin profitability for long-term holders decline to 4-year low: Data
30.9.2022
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
MEXC Leveraged ETF Leads the Cryptocurrency Market as Its Liquidity Ranks First in the World
30.9.2022
Crypto asset trades emerge one after another, and leveraged ETFs become the next star product after futures. MEXC, the cryptocurrency exchange with the highest futures trading liquidity on the Internet, takes the lead again in the cryptocurrency market with leveraged ETFs. Comparing the leveraged...
PancakeSwap (CAKE) Bullish Run Continues With Strong Momentum!
30.9.2022
There are many DeFi protocols in the crypto world, but PancakeSwap is famous because it is a food-themed DeFi protocol that aims to Automated Market Making (AMM) as a liquidity provider. AMM is a decentralized exchange protocol that uses mathematical formulas to set asset prices. This open-source...
Twitch to Share an Update on Its Streaming Policy
30.9.2022
Twitch, an interactive live streaming service, has imposed a ban on selective streaming websites for exposing its community to potential harm. The ban was imposed on September 21, 2022, and the policy update will be released on October 18, 2022. Sharing referral codes and links is now prohibited....
Brazilian Securities and Exchange Commission CVM Subpoenas Mercado Bitcoin on Fixed Income Token Investments
30.9.2022
The Brazilian Securities and Exchange Commission (CVM) has sent a subpoena to Mercado Bitcoin, one of the biggest exchanges in the country, to inquire about the services the company lends regarding cryptocurrency-related fixed return investments. The company will have to disclose the details...
Can Helium (HNT) Cross $10 in the Next Few Months?
30.9.2022
As a blockchain-based protocol, Helium is popular because it is one of the few projects that focus mainly on the Internet of Things industry. It has a Helium hotspot that works as an internet router. These nodes provide the users with cheaper and broader internet access. It runs on a global...
Chainlink Launched the BUILD Initiative to Encourage Cross-Ecosystem Growth
30.9.2022
Chainlink has announced the launch of the Chainlink BUILD program as a part of Chainlink Economics 2.0. The objective is to accelerate the growth of projects in their early stages. Chainlink will expand its assistance by enhancing the accessibility to Chainlink technical support and services...