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Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.US dollar strength reemergesNotably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket of top foreign currencies, has risen 4% from its
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The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal
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In this episode of Hashing It Out, Pacman, the founder and core contributor of the nonfungible token (NFT) marketplace Blur, joins Elisha Owusu Akyaw to discuss how Blur has captured the attention of the NFT market.The tides in the NFT ecosystem changed in December 2022 when the newly launched NFT
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During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has
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Yesterday it was reported that PayPal crypto partner Paxos was being by the NYDFS Source
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The SEC wants to know how Binance.US is going to facilitate such a huge transaction.Last month, Binance.US proposed a $1 billion acquisition deal to get its hands on the assets of bankrupt crypto lender Voyager Digital. Although Voyager was ok with proceeding with the deal, the US Securities and Exchange
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The head of Trustee Plus, Vadym Hrusha, told CryptoX that it’s simply wrong to integrate a government service with a foreign company. Ukraine has its own local crypto exchanges and payment services, “with a product no worse than Binance,” he said, referring to Kuna and WhiteBit, both of which have
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Bitcoin (BTC) still risks a drop to below $7,000 in this bear market, the latest worst-case scenario prediction warns.In its latest livestream broadcasted on Nov. 24, trading platform DecenTrader revealed targets for a BTC price bottom.Analyst flags “oldschool, rock-hard support” for BitcThe most recent in a series of BTC/USD forecasts,
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Puts tied to BTC and ETH continued to draw demand as the crypto market remained focused on the FTX contagion. Original Source
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While Binance did not directly address the situation with FTX, it offered a veiled barb at the failed exchange. "There are bad players in our industry, but it’s important to know that there are also creators and innovators, who are working hard to build valuable products and services in Web3,"
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