Crypto news

In an effort to stabilize its cloud services, Microsoft’s updated terms are restricting access to Bitcoin and crypto mining.  Any users who intend to do so now must receive pre-written approval from the company.  Microsoft Against Mining? Per Microsoft’s Summary of Changes page, the software giant updated its Universal License Terms for Online Services on December 1 to “clarify that mining cryptocurrency is prohibited without prior Microsoft approval.” Specifically, under the...

Fidelity Investments is getting ready to offer both bitcoin and Ethereum trading to retail investors. The good news is that all trades will be commission free, though anybody seeking to engage in digital currency trading is likely to still pay a one percent fee on all the money they exchange. Fidelity Isn’t Being Entirely Forthcoming About Its Fees The 401K giant announced that roughly one percent fees will be attached to all transactions. Javier Paz – director of data...

Following yesterday’s Fed interest rate announcement, Ethereum’s price has seemingly taken a U-turn, getting rejected from a significant resistance zone. Another bearish phase could soon begin unless the market rebounds over the next few days. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has failed to break above the $1300 level and is currently falling to the downside. The 50-day moving average has also been tested around the same area, but the...

[PR – London, England, 15th December, 2022, Chainwire] Meta Lordz is inviting metaverse adventurers to team up with fellow warriors and fight enemies of the realm. Intrepid explorers have the opportunity to defend Glasmire from intruders, level up and become legendary warriors in the battle arena while having fun and earning. Meta Lordz is a Massively Multiplayer Online (MMO) metaverse game, set in the dark medieval universe of Glasmire. Its development team is focused on...

[PR – London, United Kingdom, 15th December, 2022, Chainwire] Games Metaverse Platform Virtua will Collaborate with JLINGZ Esports to Build Unique Fan Experiences in the Metaverse. Jesse Lingard and his JLINGZ esports brand have announced a partnership with games metaverse Virtua, which will see the England international and Premier League footballer expand his esports brand into the metaverse. Working with Virtua will give Jesse Lingard, affectionately known to his global...

Changpeng Zhao – CEO Binance – agreed that the collapse of FTX has caused some panic in the space. He also reiterated that the fact that they were audited by a somewhat reputable firm caused others in that business to be more cautious when working with crypto businesses. He assured that Binance is in good financial standing, does not owe anybody money, and has never co-mingled clients’ funds. In a recent interview for CNBC, CZ said Binance coped with the recent customer...

It appears many digital currency fraudsters and malicious actors are targeting senior citizens, and many organizations out there are trying hard to show seniors how they can prevent themselves from falling victim to such traps. Seniors Don’t Always Get Crypto It’s believed many seniors out there are not tech or computer savvy; that they aren’t familiar with how crypto and distributed ledger systems work and thus they can be taken advantage of. Enterprises like Elder...

Mark Branson – President of Germany’s financial market regulator BaFin – reportedly urged global authorities to cooperate and impose appropriate laws on the cryptocurrency industry. Such rules could grant additional customer protection and prevent the usage of the asset class in illegal activities, he claimed. ‘Now is the Time’ According to Branson, the current supervision of the cryptocurrency sector is not strict enough to keep bad actors away. “Just let the industry grow...

With FTX’s collapse spurring global regulators into action against the crypto industry, the Canadian Securities Administrators (CSA) are no exception. On Monday, the association announced an expanded ruleset pertaining to crypto trading platforms in Canada, which would bar them from offering margin or leverage trading to Canadian clients.  No More Leverage As announced by the regulator on Wednesday, its new rules will apply to any platform within the country subject to...

Bitcoin saw more volatility on Wednesday following a Federal Open Markets Committee meeting, during which the U.S. central bank agreed to raise its benchmark interest rate by 0.5%. The announcement, which aligned with market expectations, signals the Fed’s first movement this year to slow the hawkish momentum of monetary policy.  As the Federal Reserve unveiled its decision at 14:00 EDT, Bitcoin immediately fell from $18,300 to $17,850 within five minutes.  The asset reversed...