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Over the past 24 hours, investors have withdrawn tens of thousands of bitcoins from the Coinbase exchange. The outflow was about 30,000 coins. Thus, the BTC balance on the trading floor fell to its lowest level since May 16. The reduction in the market supply of the asset had a positive effect on...
In the fall of 2021, a law recognizing bitcoin as a means of payment began to operate in El Salvador. The initiator of the adoption of this document was the President of the Latin American state, Nayib Bukele. The Institute of Public Opinion at the José Simeón Cañas University conducted a survey...
In 2022, the pace of launching bitcoin ATMs has sharply decreased. According to the CoinATMRadar service, only 202 cryptocurrency terminals were installed last month. The pace of launch has fallen to the lowest level last seen during the bearish dominance of 2018-2019. Analysts attribute this trend...
The government of Bermuda has announced its intention to stimulate the development of the crypto business. According to the head of the Ministry of Economy Jason Hayward, companies will come to the local market thanks to comfortable tax conditions. This island nation has been developing the...
According to the former CEO of the BitMEX exchange, Arthur Hayes, bitcoin will not be able to stay above $30,000. The coin will resume its retreat in the near future and find a bottom at around $25,000. Ether (ETH) is also likely to be correct, and Hayes identified its fundamental values in...
The Japanese Parliament has passed a bill to regulate stablecoins. The country's authorities want to recognize fiat-backed digital currencies as electronic money. Each token must be backed by the yen or other national currency. Thus, the holder of a stablecoin will be able to convert this...
Altcoin Cardano (ADA) was trading at $0.457 at the end of May. It suffered heavy losses after the collapse of the Terra ecosystem and exacerbated market volatility. By the beginning of June, the ADA rate had strengthened to $0.682. However, already last week, Cardano was one of the most affected...
Calling all NSFW content creators! OnlyCam.art is here to revolutionize the NFT market for models, with no fees on sales. June 04th, 2022 - OnlyCam is launching a new and exciting way to create and consume adult content – OnlyCam.art is coming soon and will revolutionise the adult entertainment...
In February, the crypto company Coinbase announced its intention to hire about 2,000 more people. However, the dominance of bearish sentiment in the market forced the American giant to reconsider its personnel policy. Last Thursday, Coinbase's press office announced that it was refusing such a...
The digital currency Solana (SOL) began to fall in price after another network outage. It lasted four hours and had a negative impact on the investment attractiveness of the underlying asset. SOL lost about 13% in value over the past day. The coin fell to $38.6 on Thursday morning and only bounced...
Central banks wishing to issue their tokens (CBDC) believe that with the help of an innovative tool, they can modernize the financial infrastructure. However, Circle, which developed the USDC stablecoin, has a different point of view. She estimates that the CBDC will harm the financial system....
Over the past few years, the Armenian authorities have been eyeing other states developing cryptocurrency legislation. The Tax Service and the Central Bank decided to accelerate the creation of a regulatory framework to bring the cryptosphere out of the shadows. Rustam Badasyan, who heads the State...
Philippine Department of Science and Technology spokesman Enrico Paringit said the department is launching a training program for in-house researchers to explore all possible options for using distributed ledger technology. Paringit focused the public's attention on the fact that the government's...
Financier Tim Draper, who represents the Bitcoin bull camp, believes that the largest digital currency will add in value, thanks to the support of women. According to him, over the past few years, the proportion of the fair sex has increased. They are the ones who will push BTC up as they love to...
The decentralized finance (DeFi) market has been in the spotlight for years. This segment is changing a lot of processes in business and investments. Using DeFi tools opens up new perspectives for entrepreneurs, but how to choose a company that will help extend your business or bring your ideas to...
During the May turbulence, the Luna Foundation Guard sold over 80,000 bitcoins to support the UST stablecoin. Glassnode analysts found that almost all of these coins were bought by whale wallets holding less than 100 BTC. According to the researchers, LFG floated 80,081 BTC earlier this month. This...
MoneyGram platform general Alex Holmes said that the company’s immediate plans are to become a kind of “bridge between the cryptocurrency and fiat worlds.” Today, the largest company specializing in international transfers - MoneyGram International, announced the decision to direct its...
The Reserve Bank of India (RBI) has advocated a phased approach to CBDC implementation to maintain control over the process. News 18 writes about this concerning the annual report of the regulator. “The Reserve Bank proposes to take a stepwise approach to CBDC implementation, step by step going...
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