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Indian Regulatory Body Issues Guidelines for Crypto and NFT Ads

The ASCI said that the guidelines will be enforced from April 1, 2022, and advertisers must ensure that their previous ads don’t appear in the public domain without the new disclaimer. Ads Must Have a Disclaimer The local watchdog asked in the guidelines that crypto ads display a disclaimer that these “unregulated” products can be “highly risky” as there can be no regulatory recourse in case of any loss.  “Crypto products and NFTs are unregulated and can be highly risky....

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Canadian Regulators Investigate Coinbase, Kraken CEOs For Promoting Self-Custodial Wallets

The Ontario Securities Commission (OSC) recently flagged Brian Armstrong and Jesse Powell – CEOs of Coinbase and Kraken respectively – for tweets surrounding Canada’s freedom convoy protests. Each has been accused of offering advice on how to evade national financial emergency restrictions through the use of self-custodial crypto wallets. Crypto CEOs Against Canada’s Government According to a report from The Logic, Kristen Rose – the OSC’s manager of public affairs – said the...

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Montana Coal Mine Becomes Crypto Mining Facility, but Not Everyone’s Happy

Montana environmentalists aren’t happy about a decommissioned coal mine going into business again, this time as a crypto mining facility. Crypto Mining Rubs Climate Friendly People the Wrong Way Known as the Hardin generating station, the facility is a 115-megawatt coal plant located near the site of the historic battle of Little BigHorn. It was slated to close in 2018 given the lack of customers, and usage has seriously died down as of late. However, it looks like a...

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NFT Sales and Floor Prices Slump Amid Broader Crypto Market Decline

The NFT sector has seen an explosion of interest throughout last year. In 2021 as well, the market kicked off with booming sales sharply, contrasting with the overall slump in crypto prices in January. After decoupling for a few weeks, NFT sales appear to be cooling down again. NFT Floor Price Take a Hit According to the latest stats, the floor prices of some of the top NFT projects, such as Bored Ape Yacht Club (BAYC), have been on a decline. The NFT market has faced a...

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Two Possible Scenarios for Bitcoin Following Today’s Bounce (BTC Price Analysis)

Bitcoin is forming a consolidation structure in both the daily and 4HR time frames. Based on the number of active users on the network – the lack of demand among retail investors is still evident. Therefore, any sudden change in market sentiment can lead to unexpected volatility. Technical Analysis By: Shayan Long-Term Bitcoin got rejected from the multi-month descending trendline after failing to sustain its bullish surge. It has also broken down the 50-Day moving average...

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Ripple Price Analysis: XRP Bounces off $0.70 but is Recovery Inbound?

Key Support level: $0.70 Key Resistance levels: $0.75, $0.96 This latest drop in XRP turned the indicators bearish. However, the key support at $0.70 has held well, and now the price appears to recover. It’s important to see how far it can go before facing resistance. Key levels to watch include $0.75 and $0.96. Chart by TradingViewTechnical Indicators Trading Volume: The volume during the last drop was high, but now buyers have come back in force, which pushed the price...

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SEC Might Lose All Merits in the Ripple Lawsuit, Says Former Regulator

Attorney Joseph Hall, who previously worked at the US Securities and Exchange Commission, claimed there is a “pretty good chance” that the SEC “will lose all the merits” in the lawsuit against Ripple. The American went further, saying he does not quite understand why the watchdog decided to bring this case. The Never-Ending Battle The legal confrontation between the US Securities and Exchange Commission (SEC) and the blockchain company Ripple has been going on for more than a...

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Luna Price Analysis: LUNA Surges 15% in a Day but Can Bulls Keep Going?

Key Support level: $48  Key Resistance level: $64, $79 The positive market sentiment is well reflected by Luna’s price, which rallied after touching the key support at $48. The cryptocurrency has skyrocketed towards $60 and does not look ready to stop until the key resistance at $64. If Luna is able to move above that level, then the next resistance is found at $79. Chart by TradingViewTechnical Indicators Trading Volume: The buying volume in the past two days was good, and...

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LBank Exchange Will List EYES Protocol (EYES) on February 25, 2022

INTERNET CITY, DUBAI, Feb. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list EYES Protocol (EYES) on February 25, 2022. For all users of LBank Exchange, the EYES/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on February 25, 2022. It has become more important than ever to ensure the rights and interests of creators with digital copyrights since the amount of content created on the network has been growing rapidly...

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LBank Exchange Will List LTradex (LTEX) on February 25, 2022

INTERNET CITY, DUBAI, Feb. 23, 2022 – LBank Exchange, a global digital asset trading platform, will list LTradex (LTEX) on February 25, 2022. For all users of LBank Exchange, the LTEX/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on February 25, 2022. The era of crypto has arrived, and numerous cryptocurrencies have been created since the beginning of this era. To distinguish itself from other ones, LTEX token is establishing its own...

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