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Biggest Movers: AVAX Nears Highest Level Since May, ETC Moves Towards $40
10.8.2022
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer...
Tornado Cash Ban May Not Stop Bad Actors but Could Put a Dent in Their Efforts, Former DEA Agent Says
10.8.2022
William Callahan joined CoinDesk TV’s “First Mover” to discuss the Treasury Department’s sanctioning of the mixing service
As Government Takes on the Tornado Mixer, It May Reap a Whirlwind
9.8.2022
Tornado Cash isn’t a company, a service or a person – it’s a series of words, and likely protected by the U.S. First Amendment
Investors Scramble to Gnox as 2nd Presale Sells Out. ETH Whales May Rotate to BNB for This Opportunity
9.8.2022
Can a single finance application blow up an entire layer-1 blockchain like Binance Smart Chain? Gnox might have what it takes. When you think about it, there should only be two kinds of people buying and selling crypto. Long-term investors and short-term traders. Currently, long-term investors...
Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level
8.8.2022
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too cemented multi-month highs. FLOW FLOW was one of Monday’s most notable...
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022
8.8.2022
Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings
6.8.2022
After touching a new all-time low of N710 per dollar in late July, a new report says the Nigerian currency has rebounded by as much as 10%. After initially blaming speculators, the Central Bank of Nigeria has said importers who fail to remit forex earnings may be contributing to the naira’s...
Japan may see a reduced 20% tax on crypto earnings with new proposal
4.8.2022
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years
Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence
4.8.2022
Bitcoin markets will behave more like that of Treasury bonds and gold during market recovery, said the analysts
South Korean Banks May Be in Trouble as Regulator Probes Kimchi Premium Bitcoin ‘Irregularities’
4.8.2022
South Korean banks could find themselves in the firing line after the government, media outlets, and regulators stepped up the scrutiny of the banks' role in enabling kimchi premium traders to make fast money when trading volumes rise....
Read More: South Korean Banks May Be in Trouble as Regulator...
New Gotham Knights Gameplay Suggests It May Be More Than A Boring Loot Grind
2.8.2022
What happens if you want to make a game about Gotham City but can’t center it around Batman? Easy! You tap the benchwarmers. Warner Bros. has revealed the opening chapter of Gotham Knights, its action game DC heroes who aren’t the Caped Crusader.Read more
ETH may consolidate as Merge excitement wears off, says expert
2.8.2022
Markus Thielen of Singapore asset manager IDEG believes ETH could be headed for a consolidation phase, turning "cautious" on the cryptocurrency
Why DeFi Giants Aave, Curve May Want Their Own Stablecoins
1.8.2022
Pro traders may use this ‘risk averse’ Ethereum options strategy to play the Merge
31.7.2022
Ethereum's “Merge” upgrade is expected to induce volatility in ETH price, but options traders can safely remain long by using this strategy
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators
30.7.2022
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted crypto trading may be to blame for the naira’s...
Finder’s Experts See ‘Fairly Bright Future’ for Binance Coin — Predict BNB Reaching $781 by 2025 and $1,814 by 2030
28.7.2022
A panel of crypto industry experts “sees a fairly bright future ahead” for Binance coin, predicting bnb to rise to $781 by 2025 and $1,814 by the end of 2030. One expert explained that “Since the bnb chain ecosystem continues to grow, the price may reach as high as $3,000...
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
25.7.2022
A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
25.7.2022
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment...