ryptocurrencies have seen explosive growth over the past few years, with the total market cap reaching over $2 trillion in 2021. However, as the popularity of cryptocurrencies continues to rise, so do concerns about regulation. In this article, we will provide an overview of cryptocurrency regulations around the world. United …
Read More »First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies
Bitcoin prices are caught in a downdraft, after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark. “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head of data analytics at cryptocurrency exchange CEX.IO told CoinDesk’s Omkar Godbole. “It may either retrace …
Read More »Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may soon be offered a regulated path to legalization in the state of Louisiana. The state of Louisiana may soon pass a bill, that was filed earlier this year and will allow crypto-businesses to operate legally under a state license. The proposed bill has been backed by Louisiana …
Read More »Bitcoin Bounce Stalls at $9K Amid 2% Rise in S&P 500 Futures
Bitcoin moved back over $9,000 earlier on Tuesday alongside signs of an improved risk appetite in the traditional markets. Prices rose to a high of $9,010 at 08:05 UTC, but quickly fell back below $8,900, pouring cold water over excitement generated by Monday’s 2.3% bounce from the two-week low of …
Read More »Indian Crypto Exchange CoinDCX Raises $2.5M From Polychain Capital, Coinbase Ventures
India’s largest cryptocurrency exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures. The investment aims to reinforce the exchange’s efforts to drive cryptocurrency adoption in the country after a major legal victory in March. CoinDCX’s #TryCrypto campaign seeks to bring the …
Read More »Binance CEO Says Steem Too Centralized but Exchange Must Support Controversial Hard Fork
Binance is forced to “technically” support last week’s hard fork of the Steem blockchain, according to the crypto exchange’s CEO, Changpeng “CZ” Zhao. In a statement on the company’s official blog Sunday, CZ said that, while the exchange is “very much against zeroing other people’s assets on the blockchain,” to …
Read More »Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own
The credibility of Craig Wright – the Australian tech entrepreneur who controversially claims to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto – has taken another blow. After a list of bitcoin addresses Wright had provided as being his holdings in an ongoing court case were briefly and “inadvertently” made public by …
Read More »Zcash’s First Halving May Solve Its Inflation Problem
Mining reward halvings are a hot topic in the crypto markets, as they alter a cryptocurrency’s supply and often have a significant impact on prices. Bitcoin, the biggest cryptocurrency by market value, underwent its third halving on May 11, which reduced the reward per block mined to 6.25 bitcoin from …
Read More »Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
According to recent data and reports, Bitcoin and cryptocurrency adoption are soaring across Africa. Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume, and reported cryptocurrency ownership. Currently Uganda, …
Read More »As Bitcoin Falls to 2-Week Lows, Small Investors Look to Be Buying
With bitcoin’s price losing altitude again, small investors appear to be seeking exposure to the top cryptocurrency by market value. Prices fell by 9.8% last week to register bitcoin’s biggest weekly decline since the second week of March, according to CoinDesk’s Bitcoin Price Index. A two-week low of $8,630 was registered …
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