Tag: cryptocurrencies

Dec 05 2022

Crypto Prices Today: Major Coins Are Trading In Green; Litecoin, Solana, Shiba Inu, Synthetix, Ethereum Up

Crypto Prices Today: It is certainly an exciting Monday for investors in the crypto market as the crypto prices today is positive. The majority of the...

Dec 04 2022

5 REASONS why Cryptos are still GOOD despite the Crypto Crash!

Cryptocurrencies often gain massive media attention when prices are either booming or crashing. However, this is nothing new. The same thing occurs when a company's stock is skyrocketing or collapsing. With today's consolidating crypto market, it is essential to highlight the importance of cryptocurrencies. Here are 5 reasons why cryptos are good. What are Cryptocurrencies? The basic purpose of cryptocurrencies, which are based...

Dec 02 2022

Ukraine, international consultants partner to update crypto framework

The Ukrainian regulatory community is actively partnering with foreign specialists like USAID, and Ernst&Young on the country's national crypto framework and the modifications to the law"On virtual assets." The National Securities and Stock Market Commission in Ukraine formed the Advisory Council on the Regulation of Virtual Assets, which conducted its first meeting on December 1. […] The post...

Crypto Prices Today: Dogecoin, BNB, Solana, Ethereum Plummets Yet Again; Terra Classic Soars

Crypto Prices Today: This week saw the coins trading in green after being crippled by the FTX debacle. The crypto prices...

Dec 01 2022

Italy Wants To Tax Crypto Gains At 26% From 2023

A provision in Italy's 2023 budget plan looks to implement a 26% levy on capital gains earned from digital asset sales where the profit exceeds 2,000 euros. According to budget documents made public on December 1, Italy intends to impose stricter rules on digital currencies in 2023 by extending its tax laws to cover cryptocurrency […] The post...

BNB Chain Token Price This Week: Coins On BNB Chain Plummet; Dogecoin, Polkadot Down

BNB Chain Token Price This Week: What is BNB Chain? BNB chain, build-in-build, is a distributed blockchain network that enables to build of decentralized apps on it....

Nov 30 2022

Brazil Legalizes Crypto As Method Of Payment

Nov 30 2022 Published at Coinscreed under tags  cryptocurrencies

The Chamber of Deputies of Brazil, has passed a crypto regulation bill that legalizes the use of cryptocurrencies as a payment method. A law legalizing cryptocurrencies as payment methods across the nation was passed in Brazil, providing a regulatory boost to the uptake of digital currencies and the development of the ecosystem. A legal framework […] The post...

Weekly Altcoins analysis (ADA &UNI)

November has been a continued downtrend for major altcoins. ADA showed a 0.6% depreciation on the previous day. Given that the market is anticipated to exit lateral trading, the next few trading sessions for ADA are still critical. Depending on how rapidly it overcomes its present barrier. The price level is still being lowered by […] The post Weekly...

Brazilian Government Approves Bill Regulating Crypto Transactions

Before the bill can become law, it still needs to be approved by the executive branch. Even though Brazil hasn't made Bitcoin legal money like El Salvador did last year, the South American country did pass a law that makes crypto payments legal everywhere in the country. A federal legislative body in Brazil called the […] The post...

Nov 26 2022

These Top 5 Cryptocurrencies May Die Soon; Are You A Holder?

The ongoing crypto winter and crisis have hit the market hard. Everyone seems to be dumping high-risk assets and consolidating their portfolios to...

Nov 24 2022

Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by 2.1% over the last 24 hours. BTC peaked at $16,769 before settling at $16,702 at the time of this writing, according to latest tracking from Coingecko. Its rival, Ethereum, is up by more than 3% for the past day...

Nov 23 2022

U.S Sen. Elizabeth Warren says crypto will ruin economy

Nov 23 2022 Published at Coinscreed under tags  bitcoin central bank cryptocurrencies

Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX to crypto ruining the entire economy, did not go unnoticed by the online crypto community. Since the situation started to fall apart days before it filed for bankruptcy on November 11, the collapse of former crypto exchange FTX has left the entire sector in […] The post U.S Sen....

Crypto Price Today: Top Crypto Gainers Of Today; Altcoins Show Strength Amid FTX Contagion

The global crypto cap has been up by 5.68% from the previous day and has reached $826.26 billion. There is an increase of 2.26% in the global crypto volume which...

Nov 22 2022

FTX’s Collapse Troubles African Fintech Firms

The collapse of the once-beloved cryptocurrency exchange, FTX, is having an impact on some fintech companies in Africa.

Days after FTX filed for Chapter 11 bankruptcy protection in the United States, Nestcoin, a Nigerian web3...

Nov 21 2022

Top 5 Cryptos to BUY after the FTX Crash

The FTX crash was a major turning point in the crypto market. Due to the massive losses in recent weeks and the loss of confidence in the market, the end of the year should be viewed with pessimism. But a crash is always an opportunity for intelligent investors to invest cheaply and hope for strong price gains. Which altcoins are potentially worth investing...

Nov 18 2022

FTX Crash Prompts FINRA Into Probing Crypto Comms

Nov 18 2022 Published at Coinscreed under tags  cryptocurrencies news u.s government

FINRA is currently probing firms on their crypto-related retail communication and examining their crypto services. The American self-regulatory authority, the Financial Industry Regulatory Authority (FINRA), has started looking into the firm's retail communications regarding the crypto goods and services it provides. The regulatory agency said in an official notice that it will be conducting a […] The post...

Nov 17 2022

How The Genesis Withdrawal Halt Impacts The Entire Crypto Market

By now, the news of crypto lender Genesis halting withdrawals has already made the rounds. The implications of this on other crypto platforms are becoming apparent as more time passes, but being so early, there remains a lot to be seen of how this plays out in the end. However, it is important to note that although Genesis was not a mainstream name...

Nov 16 2022

Crypto lender Genesis Global Halts Withdrawals

Nov 16 2022 Published at Coinscreed under tags  blockchain cryptocurrencies grayscale news

Crypto lender, Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse. Following the collapse of FTX, the lending division of cryptocurrency investment bank Genesis Global Trading has temporarily stopped accepting redemptions and initiating new loans, Interim CEO Derar Islim informed customers in a call on Wednesday. According […] The post...

The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater – Ep. 421

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra were joined by Laura Shin, CEO of the show, to chop it up about the collapse of FTX. Show topics: Haseeb's explanation of the blowup of FTX whether FTX was a Ponzi scheme Sam Bankman-Fried's strategy to become a billionaire the weird sale of Serum, a project backed by...

[Updated] What Crypto Crash? 2022 Welcomes Over 5,000 New Cryptos Despite Market Crunch

Crypto projects and asset developers seemed to be unaffected by the bearish momentum that have plagued the industry for the majority of this year. Rational thinking would suggest that the current situation of the digital currency market would deter new participants from joining right now as they might risk feeling the full brunt of the space’s continued decline, especially following the collapse of...

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