Crypto news

Bit IRA – a leading digital currency firm that allows customers to fund their retirements with bitcoin and other forms of crypto – announced in a press release last week that it’s ending its monthly fees. Bit IRA Eliminates Fees for Customers Overall, customers of Bit IRA are slated to save nearly $30 per month. Their savings will come to more than $350 per year. While this may not seem like much, Jeremy Warner – head of sales at Bit IRA – explained in an interview that...

After weeks of debates and delays, the EU has voted against banning the use and mining of proof of work digital assets, such as bitcoin and ether. CryptoPotato reported earlier the Markets in Crypto Assets (MiCA) framework developed by the European Union, which had one rather threatening note that sought the de facto ban of PoW cryptocurrencies. The digital asset community, led by MicroStrategy’s Michael Saylor, opposed the draft, saying it could become a trillion-dollar...

The XRP Ledger Foundation, the independent non-profit entity behind the development of the XRP Ledger, has announced the launch of the initial phase of the Token Assessment Framework. It comes following a collaboration with Grant Thornton Baltic, a business advisory service provider. XRPL Foundation’s New Token Assessment Framework According to the official blog post, the main objective of the framework is to provide transparency for investors in the XRP Ledger (XRPL)...

The Swiss startup “bitcci” has launched its first local token store in the heart of the emerging European crypto hotspot Northern Cyprus to market its own payment token “bitcci cash” to the general public. bitcci is a consortium of Swiss enterprises that is currently in the ICO phase and doing an IEO on several exchanges at the same time. The ICO’s soft cap of $5 million has already been reached. bitcci frees the sex business from tensions and problems by establishing a...

SingSing, a community-driven platform that connects Superfans with their favorite singers, launched music NFTs. The platform is set to revolutionize the music industry and make it decentralized and more accessible to fans. The Singsing NFTs would become a medium of exchange as well as a direct form of interaction for artists and fans. According to the BPI/ERA report 2020, though SuperFans only accounted for more than 10% of singers’ fandom population, their spending...

Stellar lumen price started a fresh decline from well above the $0.1900 zone against the US Dollar. XLM price is now trading near $0.1800 and the 55 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $0.1850 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1750. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar to...

Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...

Binance Holdings Ltd. is currently in deliberations over a license to operate in Dubai, thereby boosting its presence in the Middle East. This was first reported by Bloomberg, citing a ‘person familiar with the matter’. Binance anticipates an accreditation to operate as a service provider in the Dubai World Trade Centre ‘free zone’ as soon as possible. This comes after the EU clarified that crypto ‘is falling under the sanctions imposed by them upon Russia and Belarus’. The...

Who would’ve known that the term “HODL” came about by mistake? The term refers to someone keeping their bitcoin or other forms of cryptocurrency long-term and refusing to sell, no matter how high the price goes. It has become a staple term for the crypto industry in many ways, and yet it probably shouldn’t even exist. Where Does the Word “HODL” Come From? “HODL” was initially designed to be “HOLD,” a word that any English speaker would understand. The person writing it...

Vitalik Buterin on Wednesday whetted his support for Ukraine against the Russian invasion. He said similar wars may be raging on in other parts of the world but that doesn’t mean people should stop caring about the Ukrainians or vice-versa. Buterin in Support of Ukraine In a tweet Wednesday morning, Ethereum’s co-founder said: “Ukrainians are far from the only ones suffering from war. Also people in Yemen, Ethiopia… just as human as Ukrainians and you are. This is NOT a valid...