Crypto news

Bitcoin has shot up along with several of its altcoin cousins. After spending the last month or so locked in the doldrums, the world’s number one digital asset by market cap has suddenly surged to a moderate position. Bitcoin Seems to Be on the Rebound At the time of writing, bitcoin is trading for over $45,000 per unit. This may not sound like much when compared with the highs the currency has hit in the past year or so. However, it’s good news for traders in that...

There’s been a lot of discussion surrounding EU’s proposed MiCA regulations, especially the text that was aimed at outlawing proof-of-work cryptocurrencies like Bitcoin. Now, the law is moving forward but without these clauses.  A Relief for Bitcoin in EU The European Union’s (EU) proposed Markets in Crypto Assets (MiCA) regulatory package has decided not to advance the controversial provision targeted at limiting the use of the proof-of-work cryptocurrencies due to energy...

After tumbling 76% from its all-time high, Cardano found support at the bottom of the descending channel around $0.75 and was able to reclaim almost 50%. In a few weeks, ADA returned above the converted mark at $1. The Daily Chart Technical analysis by Grizzly On the daily timeframe, after a significant price surge, ADA reached the top of the descending channel as shown on the chart below (marked by yellow), which intersects with the static resistance at $1.2 (marked by...

[PR Paris, France] Paris Blockchain Week Summit (PBWS), a leading international conference dedicated to professionals in the blockchain and crypto-assets space, has announced its 2022 edition will take place as a hybrid event from the 12th – 14th April 2022. In addition to Tim Draper and Emin Gün Sirer, the noteworthy roster of headline speakers at the event also includes James Wo, CEO and Founder of Digital Finance Group; Sébastien Borget, COO and Co-Founder of Sandbox and...

Following a bullish rebound over the past few days, Bitcoin has once again reached the critical resistance zone of $45K. The good news is that the price has broken above the 100-day moving average line, followed by a bullish rally compiled of five green daily candles. The Daily Chart Technical Analysis By Shayan The BTC price is currently aiming for another attempt to break the critical resistance level of $45K. If it succeeds, breaching above the $46K supply zone could be...

Almost half of the German population is motivated to invest in cryptocurrency, as revealed by digital asset exchange KuCoin’s ‘Into the Cryptoverse 2022’ report. Crypto Adoption in Germany Grows According to the report, 44% of Germans are somewhat motivated to “invest in cryptocurrencies to be a part of the future of finance.” 35% of them would do it for the opportunities of earning passive income and 30% consider crypto to be a reliable store of value. Some also hope to...

South Korea’s National Tax Agency’s chairman Kim Dae-Ji held a meeting this week with tax executives from Bulgaria and Britain to discuss the “rise of tax-dodging schemes”  through the use of digital assets.  As per a report from a local news outlet, the National Tax Agency plans to further cooperate with Bulgaria and Britain to track down individuals who use “new financial products” such as cryptocurrencies to dodge taxes, primarily through offshore schemes. Dae-Ji held the...

INTERNET CITY, DUBAI, Mar. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STING (STN) on March 28, 2022. For all users of LBank Exchange, the STN/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 28, 2022. The digital music market continues to grow rapidly in recent years, however, the copyright protection for music-related workers still remains lacking, and the distribution of royalties generated from...

INTERNET CITY, DUBAI, Mar. 22, 2022 – LBank Exchange, a global digital asset trading platform, will list Erugo World Coin (EWC) on March 29, 2022. For all users of LBank Exchange, the EWC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 29, 2022. Metaverse can build a strong link between the virtual world and reality, and Erugo World Coin (EWC) is here to be the strong crypto asset that connects Metaverse with reality. Providing...

After bashing the cryptocurrency industry for years, the Bank of England has decided to go down the central bank digital currency path by collaborating with MIT. Thus, England’s central bank has become the second such institution to partner with the prominent university on the matter. BoE Joins Forces With MIT The announcement shared earlier this week informed that the two entities began their collaboration on whether the banking institution should develop and launch a CBDC...