Crypto news

Russia’s On Digital Financial Asset (DFA) legislation has received yet another set of proposed amendments that can push the country into launching a full-scale ban on cryptocurrency usage, with three exceptions – inheritance, bankruptcy, and enforcement proceedings.Russia’s DFA Sees New PropositionsThe world’s largest country by landmass has been rather indecisive, to say the least, in its approach towards cryptocurrency regulations. The nation successfully passed the DFA bill in July after...

Following the launch of its mainnet earlier this summer, Elrond continues with new developments. The company recently introduced a new economic model for its native cryptocurrency and a token swap implemented firstly on Binance that transitioned ERD to the new coin called eGLD in a 1000:1 ratio.Elrond’s Token Swap Implemented On BinanceAs CryptoPotato reported in late July, Elrond launched its mainnet as the company also unveiled the first application utilizing the Elrond blockchain dubbed...

After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...

Zug – one of the regions belonging to the Swiss Confederation – has announced that residents will be able to pay their taxes in either bitcoin or Ethereum starting next year.Zug – Want to Pay Your Tax Bill with Digital Currency?Zug is part of Switzerland’s affectionately dubbed “Crypto Valley,” which has garnered its nickname thanks to the many bitcoin, crypto and blockchain startups the region currently houses. The area takes its name from Silicon Valley, the section of Northern California...

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

Singapore is looking to become a crypto leader by helping to set the price standards for both bitcoin and Ethereum, the two largest digital currencies around. Singapore Exchange Ltd. has recently announced that it is currently setting up two additional crypto indexes to help local and international traders better understand the prices of both assets and make smarter trading decisions from there.Singapore Looks to Lead the Fight for CryptoThe indexes will be known as the iEdge Bitcoin Index...

The events of the past seven days took a turn for the worst throughout the entire cryptocurrency market. Bitcoin started the week trading at around $11,500 and managed to advance to a peak of around $12,050 a few days later.And that’s when it went downhill.In less than two days, BTC lost around $1,500 of its value, bringing the price down to its current level of $10,500. However, the primary cryptocurrency spiked to a low of $9,875 on Binance before recovering, taking all large-cap altcoins...

Bitcoin has taken another nasty fall. At the time of writing, the world’s number one cryptocurrency by market cap has dropped into the $10,000 range. It is currently trading at around $10,800 and has dropped below $11K for the first time in several weeks.Bitcoin Is Falling FastAs it turns out, the U.S. dollar has begun to recuperate. After months of suffering due to the expanding coronavirus pandemic, the national fiat currency of America and several other countries is beginning to show...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 963. Im heutigen Video geht’s um folgende Themen: Sicherheitslücken bei DeFi-Protokoll SushiSwap, Kanton Zug will Steuern in Bitcoin akzeptieren & Bithumb von koreanischer Polizei durchsucht. 1.) Sicherheitslücken bei DeFi-Protokoll SushiSwap aufgedeckthttps://www.btc-echo.de/sicherheitsluecken-bei-defi-protokoll-sushiswap/ 2.) Schweizer Kanton Zug will Steuern in Bitcoin akzeptieren,...

Bitcoin cash price started a major decline from well above the $260 support against the US Dollar.The price is currently trading well below the $25 support and the 55 simple moving average (4-hours).There was a break below a crucial bullish trend line with support near $275 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct higher in the short-term, but there is a risk of more losses below $200.Bitcoin cash price is declining and it is trading in a...