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Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted
12.3.2021
Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators. Lower Cloud...
Bitcoin Still Consolidates, Ethereum and Altcoins Correct Lower
11.3.2021
Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is consolidating above the USD 55,000 support.
Conversely, most major altcoins extended their decline....
Bitcoin, Ethereum Moved Lower, XRP In Green
5.3.2021
Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave.
Similarly, most major altcoins are moving lower....
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Increasing stock market volatility drags Bitcoin and altcoin prices lower
27.2.2021
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Study: Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020
20.2.2021
A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency...
xSigma Prepares to Launch Its Stablecoin DEX With Major Backers
17.2.2021
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will...
Russia’s Crypto Tax Bill Passes First Reading at State Duma
17.2.2021
The bill proposes to recognise cryptocurrency as property for purposes of taxation
Bitcoin volatility lower than 2017 levels as price smashes $51K
17.2.2021
Bitcoin volatility is not at the same level seen during the 2017 bull run but analysts still say lower price swings are necessary to maintain upward momentum
Russia’s Lower House to Consider Bill on Crypto Taxation This Week
16.2.2021
If passed the bill would amend tax laws to recognize digital currencies as a form of property
Bitcoin and Ethereum Correct Lower, Altcoins Edge Higher
11.2.2021
Bitcoin price started a downside correction below the USD 46,000 support level. BTC even failed to stay above USD 45,000. It is currently (05:00 UTC) down around 4% and it might continue to move lower towards the USD 43,200 support zone.
Similarly, ethereum struggled to stay above USD 1,800...
Bitcoin Corrects Lower, Ethereum and Altcoins Accelerate
10.2.2021
Bitcoin price rallied to a new all-time high near USD 48,200 before starting a downside correction. BTC traded below the USD 47,000 level and it is currently (05:00 UTC) near USD 46,000. The next key support is at USD 45,000, below which there are chances of a larger downside correction.
Besides...
Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session
30.1.2021
The Indian government has finally moved forward with a cryptocurrency bill. Entitled “The Cryptocurrency and Regulation of Official Digital Currency Bill 2021,” the bill has been listed for consideration in the current parliamentary session of Lok Sabha, the lower house of India’s...
Bitcoin Drops, Drags Ethereum and Altcoins Lower
26.1.2021
Bitcoin price gained momentum above the USD 33,500 resistance, but it failed to stay above USD 34,500. BTC started a fresh decline and traded below the USD 33,500 pivot level. It is currently (05:00 UTC) trading well below USD 32,400 and it remains at a risk of more downsides.
Also, bitcoin’s...
As Crypto Market Sentiment Sinks Lower, Polkadot Takes the Crown
25.1.2021
The volatility is holding the market in a firm grip, as the market sentiment drops further within the neutral zone. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins slipped for the second week in a row, from 5.81 seen a week ago to 5.77 it got over...
Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy
23.1.2021
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences...
Ex-Real Madrid Football Player Joins a Spanish Lower Division Club in Deal Financed With Crypto
19.1.2021
In a possible first for Spanish football, DUX Internacional de Madrid, a lower division side says it has used crypto buy a new player. The player, David Barral moved to his new club after Criptan, the new club sponsor facilitated the acquisition. Criptan is a cryptocurrency trading company that...
What to do When Low-for-Long Interest Rates are Lower and for Longer
10.1.2021
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department.
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Central banks have played a pivotal role in easing financial conditions in response to the COVID-19 shock, and helped avert a catastrophic downturn....
Bitcoin and Altcoins Correct Lower, Dips Remain Attractive
8.1.2021
There were additional gains in bitcoin price above the USD 38,500 resistance. BTC even broke USD 40,000, traded to a new all-time high near USD 40,400 before correcting lower. It traded towards the USD 36,500 support and it is currently (05:00 UTC) recovering above USD 38,000.
Similarly, there...