“Crypto is in dire need of regulation”, says Gary Gensler, the Chairman of the US’s Securities & Exchange Commission (SEC). He argues that crypto would not be able to see its full potential until it is subject to oversight by the regulator under proper regulation. There is no future for crypto if it continues to…
Is Avalanche capable of maintaining its present performance level? As soon as the incentives were announced, an avalanche of DeFi consumers flocked to the site. The Avalanche DeFi ecosystem’s value has reached USD 1.8 billion, more than doubling in less than a month. This is why. Similar to Binance Smart Chain (BSC) and Polygon’s surge…
PayPal announces the fulfillment of its commitment to provide crypto services for the people living in the UK. The electronic payment processing giant has announced that its crypto services will be made available in the UK before the end of this week. Crypto interested people from the UK will be able to access crypto trading…
Top cryptocurrencies start today with a bullish attitude. However, failure to overpower the day’s pivots will have the virtual assets hitting their support level. Ethereum Ethereum declined by 4.55% yesterday, Tuesday. That saw the leading altcoin reversing Monday’s 2.52% surges. That way, ETH traded at $3,172.5 as Tuesday ended. Meanwhile, mixed early sessions yesterday had…
Just recently, Xiaomi India has expressed its true intentions for cryptocurrencies that have made the entire cryptocurrency sector in India very pleased. Xiaomi India is the Xiaomi manufacturer’s one of the major branches based in the subcontinent. Just recently, Xiaomi India has expressed interest in the adoption of cryptocurrencies. However, the company is somewhat hesitant…
Avalanche (AVAX) is among the few digital coins trading high on Wednesday. The altcoin has managed to gain more than 11% since yesterday. Such a move comes as most alts struggle to recover their losses. While writing this content, AVAX/USD trades near $52.60. Now, why is the token rising even when other assets battle dips?…
When it comes to cryptocurrencies, Coinbase Global (COIN) is the leader in this business. What are your thoughts on Coinbase’s share price after its famous IPO? Should you buy or sell on the current crazy stock market? Coinbase IPO stock After rising 72% to $429.54 on its first day of trading, Coinbase shares closed up…
Bitcoin is gaining multiple gains as well as much-needed momentum in an effort to go beyond the level at 15th May 2021 from where it was pulled down and since then has been struggling to come out of the barbwire. A large number of crypto analysts, as well as traders, are hopeful that the Bitcoin…
Australian Police has seized crypto funds amounting to US$ 8.49 Million comprised in Bitcoins. Police assume that the seized assets belonged to one of the notorious marketplaces at darknet called the “Silk Road”. The funds were associated with illegal drug deals that took place in the year 2012, said the Australian Police. Simone Fox Koob,…
As per the latest reports, the regulatory authority based in Ontario, Canada has alleged the operator of OKEx for violation of securities. The regulatory authority that has taken action against OKEx’s operator is the Ontario Securities Commission (OSC). The name of the operator responsible for operating OKEx is Aux Cayes FinTech Company Limited. The report…
After Dogecoin’s weekend losses, the meme crypto has to reclaim the $0.32 zone for upside moves. If the asset fails to revisit its Sunday highs, DOGE will have its actions in the red again. Dogecoin had its value dropping by 0.60% on Sunday’s early sessions. After Saturday’s 3.24% plummets, the themed token ended its week…
A warning concerning non-fulfillment of mandatory regulatory requirements has been issued to Binance in the Netherlands as the Dutch Central Bank notes that Binance has been illegally offering services of crypto trading and crypto wallet without being registered with the relevant authority. There have been many warnings lately against the lead crypto firm, Binance over…
David Marcus from Facebook expressed concern over the current payment structure in the USA and also provided details on the launch of Digital Crypto Wallet, Novi. In new publishing from the Medium, Crypto Pro of Facebook, David Marcus has expressed his opinion on the economic situation, weak regulations, and the launch of a brand-new crypto…
Major British bank’s parent company, Lloyds Banking Group, currently seeking to hire a person with the knowledge of blockchain and crypto for a Senior Manager’s post in the relevant field. The advertisement reveals that the new hiring will be assigned the task to look after the affairs of BYP Network, which is a mobile banking…
In the past few years, cryptocurrency has taken over our economies and financial systems. Since 2020, records show that crypto’s total market size is close to $1.5 billion. In fact, it’s likely that it will grow three times bigger over the next ten years. Now, the cryptocurrency market cap is getting measured in quadrillions. While…
Top coins see mixed reactions today following Thursday’s market movements. Bitcoin has to overpower the $48,000 level to return to the $50,000 mark. Bitcoin Thursday had BTC-USD rising by 4.57%. With Wednesday’s 0.06% surge, BTC traded at $46,765 towards the end of the day. Meanwhile, early sessions yesterday witnessed Bitcoin falling to morning lows of…
The latest reports coming in from the Chinese cryptocurrency sector reveal that the Chinese regulatory authorities are growing more aggressive against crypto-firms. However, it has been clarified that the Chinese regulators are now going after cryptocurrency firms that are running illegal operations in the country. The sources revealed that it is the People’s Bank of…
Cardano’s native ADA token continues its price rally today as work on the stablecoin’s “Alonzo update” continues and a new document describing the technical foundation of the Cardano-based stackable coin is released. Today, Thursday (11:09 UTC), the ADA is trading at $2.12, up 5.1% in the past 24 hours. Recent activity means that the token…
Leonteq, a financial institution based in Switzerland, declared its partnership with ICF BANK AG for initiating crypto-asset services to benefit private clients and institutional investors in Austria and Germany. This would uncover 18 cryptocurrencies counting BTC (Bitcoin) and ETH (Ethereum) within them to the investors. Leonteq expands beyond Switzerland Leonteq AG (a Swiss company known…
While the activity of Bitcoin mining is one that is legal in Iran but the securities watchdog of Iran insists that the Bank of Iran should do the regulation and therefore asks the bank to take over the task. The regulator however commits to take over the charge of regulating the virtual assets once the…
