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Tag Archives: News

UAE Is Coming Down Hard On Crypto Fraudsters

The United Arab Emirates (UAE) is going to be hard on crypto scammers as it works to end all fraud in the industry. Regulators have stated that anyone taking part in a crypto scam of any kind will face up to five years in prison and be required to pay a hefty fee. This new law is set to take effect tomorrow on January 2, 2022. The UAE Works to Handle Crypto Scams 2021 was arguably the year for crypto. Bitcoin, for example, rose to a whopping $68,000 per unit – the...

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India Is Still Contemplating What to Do with Crypto

Narendra Modi – the prime minister of India – has emerged to let crypto traders know that while the nation may have delayed its regulatory decision, it still has every intention of ensuring that crypto presents a safe environment for everyone within the country’s borders. India and Crypto… Where Are Things Headed? Not long ago, discussions emerged saying that bitcoin and crypto were no longer on the verge of being banned in India, and thus the country was instead going...

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2022 Has Arrived! Will It Be a Good Year for Bitcoin?

What does 2022 have in store for bitcoin? While it’s impossible to assume what may or may not happen, there are a few patterns that have occurred in the currency’s short history that could give us some clues as to what we can expect from the world’s number one digital asset over the next 12 months. Bitcoin Has Had a Solid 12 Months Bitcoin had a big year in 2021. There is no doubt about that. Between the currency’s rising price and regions like El Salvador declaring it...

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The Biggest Bitcoin Price News of 2021

As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...

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Gibraltar Is Trying to Revamp Itself as a Big Crypto Haven

The Gibraltar Stock Exchange (GSX) is permitting users to trade cryptocurrencies like bitcoin and Dogecoin alongside standard government bonds. Gibraltar Has Some Big BTC Plans Gibraltar is a tiny region owned by Britain. Housing just over 33,000 people, it is a small territory to say the least, yet it boasts an economy worth more than 2.4 billion pounds at the time of writing. Gibraltar is also overseen by a team of roughly 82 regulators, meaning the area’s finances are...

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The Biggest Bitcoin Stories of 2021

2021 is just about to leave us, so let’s look back at some of the biggest bitcoin stories to occur over the past 12 months. Bitcoin and Its Price The bitcoin price has come quite far in 2021. While the currency has slid down somewhat and is presently trading for just over $51,000, the currency shot up to a new high of approximately $68,000 per unit as recently as November. The asset has managed to retain a five-figure price throughout the year, despite facing heavy...

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ALT 5 and Bank Line Will Offer Crypto Services to Banking Clients

Global fintech and blockchain company ALT 5 Sigma Inc. is partnering with a financial institution known as Bank Line to provide what can only be described as crypto-based brokerage services. Bank Line and ALT 5 Join Hands Over Crypto Bank Line is a crypto-friendly banking platform that provides a list of all financial institutions in the United States, the European Union, the United Kingdom, and Central and South America that willingly offer crypto services to their...

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RadioShack Is Entering the Crypto Space with a New Token and a Trading Platform

RadioShack – the out-of-business electronics superstore that we all used to go to for the latest remote-controlled vehicles and other trinkets – has rebranded itself and is now entering the cryptocurrency market. It’s first order of business will be to establish a whole new digital currency trading platform for users to enjoy, suggesting that crypto has indeed crossed into mainstream territory once and for all. RadioShack Has Its Sights Set On Crypto It’s amazing to see...

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The BBB WGA Is Opening the Door to More Crypto Donations

The BBB Wise Giving Alliance (BBB WGA) is in the business of verifying charities to make sure they are legitimate and valid. The platform has now permitted all the charities it works with to accept donations in more than 50 separate digital currencies and tokens. All charitable donations will be powered by a firm known as The Giving Block. The BBB WGA and The Giving Block Are Working Together The idea of giving cryptocurrency as a charity donation has grown heavily in...

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EOS Price Analysis: Risk of Sharp Decline Below $3

EOS price started a fresh decline from the $3.50 zone against the US Dollar. The price is now trading below $3.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a proper close below the $3.00 support. EOS price is showing bearish signs below $3.20 against the US Dollar, similar to bitcoin. The...

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