Cryptocurrency Analysis and News Portal
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sinks under $36,700Data from Cointelegraph Markets Pro and TradingView confirmed the firmly bearish achievement for BTC/USD, which hit $32,637
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“A number of registered entities have discussed with CFTC staff proposals to offer ‘non-intermediated’ or direct trading and clearing of margined products to retail customers,” according to the agency’s statement. The agency will “gather information and receive expert input from a wide variety of stakeholder groups,” it said. Original Source
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Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin below spotData from Cryptox Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the
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Binance.US, the American crypto exchange set up by Binance cofounder Changpeng Zhao, will exit lobby group Blockchain Association and allocate resources to its own lobbying workforce in Washington, D.C. and state capitals, according to a media report. See related article: Binance.US wins license in Puerto Rico to fuel growth Fast facts Binance.US is
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The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership, established through a memorandum of understanding, establishes a deadline for the completion of the project, which
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The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has
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sponsored Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for
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TeraWulf (WULF), the environmentally-minded bitcoin miner backed by celebrities such as Gwyneth Paltrow that went public in December, sees itself reaching a hashrate range of 4.7 to 5.1 exahash per second (EH/s) by the end of 2022, according to a statement. Original Source
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Cryptocurrency exchange Binance has set up its own fiat-to-crypto payments provider Bifinity to help businesses become "crypto-ready." Original Source
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Two years after the launch of FTX.US, cryptocurrency exchange has established a European equivalent licensed in Cyprus. Source
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