Crypto news

The integration comes on the heels of coin mixers drawing heat from the Western countries that have imposed sanctions to cripple Russia’s economy and penalize President Vladimir Putin, high-ranking officials, as well as individuals who have benefited from his regime. As per the official tweet, the move aims to block sanctioned addresses by the US financial intelligence and enforcement agency, the Office of Foreign Assets Control (OFAC), from accessing the decentralized...

Over the past week, the price of bitcoin has been plummeting with strong bearish momentum, resulting in a break below the 50-day and 100-day moving averages lines on the daily timeframe, indicating that the bears are presently in control of the market. Long-Term: The Daily Chart Technical analysis by Shayan However, the recent price action suggests that the negative momentum had weakened. The price experienced a short-term bullish leg towards $41.6K, which got rejected. But...

Cardano’s native token, ADA, found support just under the $1 mark but so far failed to create bullish momentum to reclaim back above it, but the next price move is imminent. Key Support levels: $0.91, $0.79  Key Resistance levels: $1, $1.2 ADA found support on top of the $0.91 level after the price broke below $1. Since breaking below the milestone level, it had turned into key resistance. Because bears did not manage to push ADA much lower, bulls may take advantage of this...

In a letter addressed to MicroStrategy’s stockholders on Thursday, the company’s CEO Micheal Saylor doubled down on his conviction of continuing its years-long bitcoin buying spree. The paper aimed to pave the foundation for the Annual Meeting of Stockholders scheduled on May 22nd, 2022. The CEO also promised that MicroStrategy, the publicly traded company with the most number of bitcoin holdings, would continue to buy more BTC and provide its software intelligence services...

Der Hype scheint ungebrochen. NFTs sprießen aus dem Boden wie nie zuvor und viele Unternehmen haben ihre eigenen NFT-Programme bereits in der Mache. Doch kommen die heutigen Adopter bereits zu spät? Viele NFTs der ersten Stunde haben nämlich inzwischen deutlich an Wert verloren. Crypto News: NFT des ersten Twitter-Tweets verliert massiv an WertEs ist noch nicht lange her, da verkaufte sich ein NFT des weltweit ersten Twitter-Tweets für 2,9 Millionen US-Dollar. Der Tweet selbst wurde 2006 von...

[PRESS RELEASE – London, UK, 12th April 2022] Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction and volume to overcome an initial stage of anonymity. These math-backed revelations are scattering away any remaining doubts that CULT is a meme coin. On the contrary, it shows the token’s ambition to challenge the most powerful cryptocurrencies in the market hierarchy....

Nessa Risley, an Uniswap user from North Carolina, invested about $10,400 on low-cap digital tokens such as EthereumMax, Matrix Samurai, and Rocket Bunny between May and July of last year. The trader has since experienced “substantial losses” and thus sought justice through legal action. On April 4, Risley launched the legal proceedings, alleging that Uniswap has failed to conduct identity checks and impose securities restrictions on “fraudsters” who use the platform to list...

[PRESS RELEASE – South Bend, Indiana, 12th April 2022] In an exciting collaboration between Bureau of Magic (BoM) and SIMBA Chain – showing how blockchain technology is reshaping customer engagement in the entertainment sector – BoM is set to launch its upcoming NFT collection Passport to Oz through SIMBA Market’s NFT Marketplace. Under the partnership, BoM will leverage SIMBA Chain’s blockchain infrastructure expertise to create a novel and engaging customer experience....

Once considered an attractive country for Chinese Bitcoin miners after the country’s crackdown on any BTC mining activity, Kazakhstan now seems to be set to creating new taxes that will negatively impact the industry. On April 14, the Minister of National Economy, Alibek Kuantyrov, said in a government briefing that his team is working on a tax plan that would link tax payments to the valuation of the mined tokens. According to Kuantyrov’s statement, first reported by...

Coin Center has vehemently pushed back the controversial SEC proposal that sought to redefine the definition of “exchange” within the Securities Exchange Act in a bid to “include systems that offer the use of non-firm trading interest and communications protocols to bring together buyers and sellers of securities.” The group deemed the regulator’s move as “unconstitutional.” The Washington-based non-profit that focuses on cryptocurrency policies, Coin Center, announced filing...