On Feb. 13, Bitcoin’s hash rate hit an all-time high of 248.11 EH/s. Since July 2021, the robust Bitcoin network has grown constantly. According to The Block’s Data Dashboard, for March, Bitcoin miners made $1.21 billion in income. In February, mining generated $1.06 billion in revenue. The block subsidy accounted
April 2, 2022 1 min read
A petition promoting this subject has received 1,02,956 signatures so far. It allows the government to keep tabs on all trade, digital assets. In India, taxation on cryptocurrency assets will begin on April 1, 2022. Finance Minister Nirmala Sitharaman revealed several modifications to the tax code in her presentation of
April 1, 2022 1 min read
Aiming to provide NFTs through Instagram avatars is already being considered. Both Meta Portal and Meta Horizon have been trademarked to encompass VR. Facebook (Meta) may be planning to launch its own cryptocurrency exchange and digital assets wallet, based on recent data from crypto commentator Bitcoin Archive on its Twitter
April 1, 2022 2 mins read
INTERNET CITY, DUBAI, Mar. 30, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, a
April 1, 2022 3 mins read
The recent volume is one of the highest volume levels since mid-2018. The number of addresses has increased from 3.4 million to 5 million. According to IntoTheBlock, the number of big transactions on the Cardano blockchain has surged more than 50-fold this year. Transactions denominated in Cardano’s ADA tokens valued
March 31, 2022 1 min read
Stablecoins and CBDCs would be addressed in the law “to a smaller measure.” Bitcoin is down 0.67% in the last 24 hours. On the hourly chart of the BTC/USD pair, a big breakout pattern is also building with resistance at $47,700. The $48,000 level may serve as a significant obstacle
March 31, 2022 1 min read
There might be an increase in the price if it closes over the $3,450 mark. The $3,350 level serves as an early resistance level on the downside. Ethereum’s price at the $3,450 level of resistance versus the US dollar is holding. ETH’s price may rise again if it holds above
March 30, 2022 2 mins read
Instant settlements are possible with cryptocurrencies, unlike conventional payments. Fiat money must be very stable and managed to maintain legal tender status. Coins like Bitcoin and Ethereum are becoming a worldwide phenomenon, with some even suggesting that they may one day replace fiat currencies entirely in the future. As the
March 30, 2022 2 mins read
SEC has postponed its announcement until today. The SEC has only authorized Bitcoin exchange-traded fund (ETF) applications. In order to have its Bitcoin ETF proposal approved, Grayscale is prepared to sue the SEC. According to Michael Sonnenshein, CEO of Grayscale, in an interview with Bloomberg, he was open to any
March 29, 2022 1 min read
The Ministry of Finance formed a crypto asset research group. Approximately 5.9 million Vietnamese citizens possess cryptocurrencies. At the request of the country’s deputy prime minister, Le Minh Khai, many government agencies have been tasked with establishing a legal framework for cryptocurrencies. Finance, Justice, along with Information and Communications, are
March 29, 2022 1 min read
