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The fall in the value of bitcoin below $30,000 occurred after a large amount of cryptocurrency entered the exchanges. The IntoTheBlock report states that since May 11, a total of about 40,000 BTC have been sent to trading platforms. As a result of a massive reset, the largest digital currency...
According to CryptoQuant CEO Qi Yang Ju, activity on the Ethereum network remains consistently high. The number of addresses sending and receiving funds daily fell by only 7% despite the sharp increase in volatility after the collapse of the UST stablecoin. As a result of the turbulence, the...
Three Arrows Capital CEO Su Zhu commented on the position of bitcoin. In his opinion, the largest digital currency is entering a new phase of accumulation. The BTC exchange rate on Friday, May 20, strengthened to $30,144. Su Zhu pointed to several factors that signal a gradual change in trend. Over...
The world of crypto is always awash with surprise opportunities. Top Singapore cryptocurrency exchange Phemex is grabbing all the attention in the crypto space recently. Not only did Phemex add a wide range of tokens to its spot and contract trading market, it is bringing back its popular Deposit...
In January 2022, the Pakistani authorities were preparing to ban all types of cryptocurrency transactions. The corresponding document was prepared to take into account the position of the Central Bank of the country, which demanded the introduction of fines for violating such a ban. However,...
Despite how the digital asset market has suffered amid the decline in the BTC, as well as the depreciation of LUNA and UST, some tech giants do not even think to pause in the implementation of their crypto plans. So, the other day, the media began to actively discuss applications that Meta's...
The platform for Ethereum solutions of the second level (L2) Polygon has launched a new acceleration program for developers in the field of decentralized finance. The initiative was implemented in cooperation with the third-level (L3) blockchain infrastructure provider Orbs based on the DeFi.org...
There are many resources dedicated to cryptocurrencies on the Internet, including YouTube channels and social networks. Despite the crisis and the departure of many media from the market, a large number of sites and blogs about the cryptosphere are still available to users of the World Wide Web....
Spot transactions with digital currencies will become available to users of BitMEX. The press service of the company said that transactions can be made in tandem with Tether (USDT). Investors will be able to trade with bitcoin, ether, UniSwap, ChainLink, Polygon, and Ape. Through the launch of...
Against the backdrop of the collapse of the digital assets of UST and LUNA, parliamentary hearings were organized in South Korea by one of the political parties. According to reports, the “event” was also directly attended by the co-founder of the Terra project Do Kwon. This was reported by...
In May 2021, the Chinese authorities began to force miners out of the country. As a result, the computing power of the Bitcoin network collapsed to a minimum since 2019. If before China was the world leader in terms of bitcoin capacity, now American miners control the lion's share of the BTC...
Australian traders must pay taxes on income received from digital asset transactions. With the corresponding reminder the day before, the Australian Tax Administration issued a reminder. Moreover, taxes must be paid on all types of transactions, including NFT tokens. Australia is on the list of...
Yesterday, May 16, the co-founder of the troubled Terra blockchain network, Do Kwon, announced a change in the previously approved strategy to restore the ecosystem. The idea to create a new plan arose against the backdrop of a significant decline in Terra's capitalization in recent days, for which...
Crypto Thots, the NFT marketplace that helps you become a P.I.M.P in the NFT Space, is minting on the 8th of June 2022. 13th of May (GLOBAL NEWSWIRE) – Crypto Thots, the NFT marketplace with Ethereum on OpenSea that helps you become a P.I.M.P in the NFT Space, is thrilled to announce its highly...
Mining company Celsius Mining, a subsidiary of the crypto-lending platform Celsius Network, has confidentially filed an S-1 application with the US Securities and Exchange Commission (SEC) for an IPO. "The registration statement is expected to become effective after the SEC completes its...
The Nigerian Securities and Exchange Commission (SEC) has published new rules for regulating cryptocurrencies, which classified them as securities. According to the 54-page document, digital assets are analogous to a stock or an issuer's debt claim. “Cryptocurrencies are by default administered...
The Indian authorities maintain a negative attitude towards digital currencies. Back in April, the head of the country's financial department, Nirmala Sitaraman, said that such tools are mainly used by criminal structures. The Reserve Bank of India believes that the massive transition to...
Bloomberg strategist Mike McGlone commented on the fall of the stock market and digital currencies. In his opinion, the trend we observe is a direct result of the tightening of the monetary policy of the US Federal Reserve System. The expert expressed his position in an interview with Yahoo...
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