Cryptocurrency Analysis and News Portal
His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens (NFTs) and initial coin offerings (ICOs). As stated by the Treasury, the proposals seek to place the
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Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the hopes of millions of crypto holders in the country. Many in the Indian crypto community were hoping for some reduction to the high crypto tax, implemented in March 2022.Indian finance minister Nirmala
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As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and various attacks. However, according to professionals working in the Web3 space, there are multiple ways and tools to prevent
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Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments to improve the cryptocurrency trading framework.The policy paper, released on Jan. 27, was laid down by the Astana Financial Services Authority (AFSA), a Kazakh regulator. The AFSA pointed out that the Astana International Financial
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Web3 and the metaverse were handed a seat at the table of the World Economic Forum (WEF) in 2023 as the ecosystem continues to drive innovation across industries.As Cryptox continues to explore WEF, the presence of the cryptocurrency and blockchain ecosystem was mainly found outside the walls of the forum. Blockchain
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After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETH’s price has now declined once more below $1,600 after a sharp downturn on Tuesday. The culprit for this seems to be growing FUD across
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The Bitcoin price rally has stalled for five days now. After BTC experienced a furious surge from $21,000 to $23,000 last Friday, the price is now in a consolidation phase. The reasons for this are diverse. As NewsBTC reported, Bitcoin’s Relative Strength Index (RSI) on a daily basis is showing
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With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle into this new normal, investors are moving gains
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Sheila Warren, CEO of the Crypto Council for Innovation, thinks this will be the “Crypto Congress” because the industry’s need for oversight “hits the trifecta of interest, understanding and urgency with lawmakers,” she said. “Crypto will become an unavoidable issue for members of Congress, and when it comes to crypto
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Overall, APT has now surged over 300% from its November lows, to reach a new all-time high.Ever since hitting its November lows of $3, Aptos (APT) has seen an impressive amount of gains. Presently, the native token of the Aptos blockchain holds the position as the most profitable crypto asset
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