Tag: Bitcoins

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US Congress agency suggests 4 key policy choices for blockchain

March 28, 2022

GAO conducts to assist policymakers, comprising Congress, federal agencies, state and local governments, observing seamless blockchain enactment. As per the proposal of the United States Congress, the U.S. Government Accountability Office or GAO laid out 4 policy choices to assist policymakers to implement blockchain technologies while improving advantages and mitigating challenges. The technology assessment shared […]

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USDT records an all-time high against the Russian ruble as inflation blows

February 28, 2022

  U.S. dollar-pegged stablecoin Tether (USDT) noticed a rise of above 30% in the last five days against the Russian ruble, bringing out the adverse and sudden effect of the continuous war on the formal monetary system. As per the data, the ruble, RUB, is facing inflation as the USDT or RUB trading pair for […]

Bitcoin Bounced

The Cryptos face loss, Renminbi gains

February 21, 2022

Bitcoin plunged under $40K last weekend and this increased the tension on Ukraine and Russia border and proceeded the inflationary motions. Whereas the value of the Renminbi gained over 10%. An evident exploit of OpenSea, the prominent NFT forum, further terrified investors away from crypto. Bitcoin and Ether by market capitalization was around $38,700 and […]

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Bankrupt Cred Denounced of Defrauding Bitcoin Transfer to Crypto Whale

February 19, 2022

  When crypto lending forum “Cred” documented for insolvency in 2020 with up to $500 million in liabilities, the corporation largely criticized alleged corruption by an external undertaking director authorized with 800 Bitcoin. Old employees furthermore told the firm was harmed by the destruction of a $39 million line of credit that Cred augmented to […]

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Portugal evolving as a ‘haven’ for European Bitcoin owners

February 17, 2022

When Switzerland clenches the limelight prevailing as the most crypto-friendly jurisdiction in Europe, Portugal is set to pick up the pace. Clearly, the republic requests more than just integrity of life modifications for Bitcoin holders, comprising an impressive fiscal environment and a thriving Bitcoiner society. Portugal’s Bitcoin-friendly outsets kicked off in intense six years ago. […]

Including cryptocurrency, the SEC has launched a game-show campaign to educate investors in a fun way.

Bitcoin cost centralizes in crucial make or break zone as bulls uphold $42,000

February 15, 2022

The lasting event resumes for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43K and expecting some force in impetus that can strengthen back to the $50,000 spectrum. Recent data shows that the cost of Bitcoin has marketed in a spectrum of$41,500 and $43,000 over the last few days and with […]

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Bitcoin reassembles while Altcoins outperformed in the past 24 hours

February 7, 2022

Bitcoin (BTC) along with other virtual currency reunites as Altcoins (Alternative Cryptocurrency) surpassed. Ether (ETH) is known as the world’s second-largest cryptocurrency, which gained 13% in the last 24 hours. Whereas Bitcoin has shown a rise of 11% and NEAR, the token related to Near Protocol has indicated a rise of 20% in the last […]

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The US SEC has raised a concern on the conversion of Grayscale Bitcoin Trust into Bitcoin Spot Exchange Trade Fund

February 6, 2022

According to the report, the U.S SEC (Securities and Exchange Commission) has raised a deep concern regarding the way to avoid the percentage manipulation, corruption and additional crises while proposing the conversion of Grayscale Bitcoin Trust (GBTC) into a Bitcoin spot Exchange Trade Fund (EFT).In October, Grayscale has filed a request with the SEC regarding […]

Bitcoin Rose to Six-Month High

Crypto installment card ‘main concern’ for Binance Ukraine in 2022

February 1, 2022

  A Ukrainian authority recently said that nearby laws don’t preclude individuals from paying in crypto assuming it’s changed over into fiat. Significant digital money trade Binance keeps pushing tasks in the Commonwealth of Independent States (CIS) by setting up a new crypto installment card in Ukraine. Binance is hoping to arrive at a predominant […]

Bitcoin Rose to Six-Month High

LUNA Token Faces Effects of Negative Sentiment Post Wonderland Drama

January 31, 2022

  The native token of the Terra ecosystem, LUNA is experiencing the impacts of negative sentiment after Thursday’s Wonderland drama.   LUNA Token Down by 17% on Friday Morning   The token, which backs Terra’s algorithmic UST stablecoin, was down more than 17% on Friday morning, according to data from CoinMarketCap. LUNA exchanged as low […]

El Salvador

El Salvador president predicts ‘monstrous cost increment’ for Bitcoin

  There isn’t enough Bitcoin for worldwide moguls to possess one, Bukele said.   Salvadoran President Nayib Bukele made one more bullish Bitcoin (BTC) expectation not long after the International Monetary Fund had asked his administration to eliminate Bitcoin’s status as lawful delicate.   Bukele took to Twitter on Monday to anticipate that Bitcoin will […]