Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is...
Month: August 2021
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on...
3 reasons why Ethereum is unlikely to flip Bitcoin any time soon
For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it's still nothing more than...
Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now...
Tesla CEO Elon Musk Opposes ‘Hasty’ Cryptocurrency Regulation
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian...
Bitcoin erases May crash losses as BTC price rebounds to $44K
Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000....
Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears
An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally. Ethereum's native asset Ether (ETH)...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three...
Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity
After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have...
Fed’s Vice Chair Says Tapering May Happen in 2021, Senator Joe Manchin ‘Alarmed Over Record Amount of Stimulus Injections’
The U.S. central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset...
Bitcoin price blasts through $43K, hitting its highest price since May
Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have...
Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests
$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears. On-chain analyst Willy Woo asserted that Bitcoin (BTC)...
Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs
One analyst says he is “not interested at all” in trading current levels as clear long-term resistance stays in play...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus...
Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The...
